Raskik

Gurugram, India Founded: 2019 • Age: 7 yrs Minicorn Acquired By Reliance Retail
Nutrition drinks are branded and distributed by Raskik in India.

About Raskik

Raskik is a Consumer company based in Gurugram (India) founded in 2019 by Vikas Chawla, and was acquired by Reliance Retail in April 2023. Nutrition drinks are branded and distributed by Raskik in India. Raskik has raised $1.61 million across 3 funding rounds from investors including Reliance Retail, Venture Catalysts and India Accelerator. The company has 21 employees. Raskik was last valued at $6.06 million in November 2020. Its chief executive, as recorded, is Vikas Chawla. Its Indian entity Vsa Health & Wellness Private Limited reported revenue of β‚Ή4.23 Cr. Its focus areas include Food and Agriculture, Food & Beverage Products, Nutrition and Healthcare Nutrition. Its competitors include Auric, Akiva Superfoods and Ace Blend; 3 of its 3 listed competitors have raised funding.

Company details

Raskik was founded in 2019 in Gurugram, India, by Vikas Chawla as a brand focused on nutrition drinks. Operations center on the development and marketing of health-oriented beverages within the wellness sector. Products are targeted at consumers seeking nutritional supplements through ready-to-drink formats. The company maintains its base in India, with distribution handled primarily in the domestic market.

Key Metrics
  • Annual Revenue
    ₹4.23 Cr

    FY 2022 · +825% YoY

  • Net Loss
    -₹9.12 Cr

    FY 2022 · -216% margin

  • EBITDA
    -₹9.09 Cr

    FY 2022 · -215% margin

  • Total Equity Funding
    $1.61M (USD)

    in 3 rounds

  • Investors
  • Employee Count
    21
  • Acquired by

Funding Insights of Raskik

Raskik has successfully raised a total of $1.61M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.61M
  • Total Rounds 3
  • First Round $1.1M

    (Nov 2020)

  • Investors Count 62

All 3 funding rounds of Raskik with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2022Seed––
–
May 2021$505,800Seed––
Nov 2020$1.1MSeed$6.06MVenture Catalysts, Edu matrix
Valuation history
DateValuationStage
Nov 2020$6.06Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $6.06M (Nov 2020). 63 investors in total: 14 institutional and 49 angel.

Investors in Raskik

Raskik has secured backing from 63 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Reliance Retail, Venture Catalysts and India Accelerator.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
A startup accelerator offering funding and support to early-stage companies.
2020100unicorns.inMumbai, India
Early-stage startup ecosystem is supported by Venture Catalysts in India.
2015venturecatalysts.inMumbai, India
Startup acceleration, funding, and mentorship services are delivered by India Accelerator.
2017indiaaccelerator.coGurugram, India
Venture capital firm focused on multiple sectors
anaainternational.tcc.modeWilmington, United States
Seed-stage investments are made in tech startups by Elina Investments.
elinainvestment.tcc.modeDelhi, India
elinainvestments.tcc.mode
Limited information available
intellectendeavours.tcc.modeMumbai, India
evolvxadvisory.tcc.mode
sportlightequipments.tcc.mode
neharajstockbrokers.tcc.mode
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Investor details for Raskik

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Board of directors of Vsa Health & Wellness Private Limited (Raskik)

Vsa Health & Wellness Private Limited is the primary company behind Raskik. The board of Vsa Health & Wellness Private Limited currently have 2 directors; the longest-serving is Vikas Chawla, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vikas Chawla
DIN 08389913
Director14 Mar 20197 yrs 7 moVsa Health & Wellness Private Limited
Sameer Ramzan Mohammed
DIN 07570548
Additional Director23 Feb 20233 yrs 8 moVsa Health & Wellness Private Limited

People of Raskik

1 people are tracked at Raskik (1 in leadership); the tracked headcount is 21.

NameRoleGroup
Founder & CEOLeadership
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Financials of Raskik

Figures of Vsa Health & Wellness Private Limited, the primary company behind Raskik, for FY 2022. Revenue was ₹4.23 Cr (+825% year on year). Net loss was -₹9.12 Cr (-216% margin). EBITDA was -₹9.09 Cr (-215% margin).

  • ₹4.23 CrRevenue · FY 2022 · +825% YoY
  • -₹9.12 CrNet loss · -216% margin
  • -₹9.09 CrEBITDA · -215% margin
  • ₹3 LakhPaid-up capital
  • 21Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Vsa Health & Wellness Private Limited are on its company page.

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Detailed financial statements for Raskik

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Timeline of Raskik

5 dated milestones of Raskik across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Raskik is founded.
  2. Funding First funding round of $1.1M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed,.
  5. Exit Acquired by Reliance Retail.

Competitors of Raskik

Raskik has 3 listed competitors in our database, 3 of them funded. They include Auric, Akiva Superfoods and Ace Blend.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
theauric.com2017Delhi, India$5.54M38
Ayurvedic nutrition drinks are manufactured and branded by Auric.
akivasuperfoods.com2016Gurugram, India$3.36M4
Health care nutrition products are offered by Akiva Superfoods brand.
aceblend.com2018Mumbai, India$3.32M18
Plant-based nutritional supplements and functional drinks are provided.
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Detailed competitors of Raskik

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Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as Raskik (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 97.26 M2,828
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Related news about Raskik

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Frequently Asked Questions about Raskik

Raskik was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Raskik is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Vikas Chawla is the CEO of Raskik, as recorded in our data. They have also founded this company.

Raskik is a funded company, having raised a total of $1.61M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.1M, raised on Nov 2020.

Raskik has 21 employees.

The primary company behind Raskik, Vsa Health & Wellness Private Limited, reported revenue of β‚Ή4.23 Cr for FY 2022, up 825% year on year.

Raskik was founded in 2019 in Gurugram, India, by Vikas Chawla as a brand focused on nutrition drinks. Operations center on the development and marketing of health-oriented beverages within the wellness sector. Products are targeted at consumers seeking nutritional supplements through ready-to-drink formats. The company maintains its base in India, with distribution handled primarily in the domestic market.

Raskik's top competitors include Auric, Ace Blend and Akiva Superfoods.

Raskik has 63 investors. Key investors include Reliance Retail, Venture Catalysts, India Accelerator, 100Unicorns, and Edu matrix.

The valuation of Raskik is $6.06M as of Nov 2020.

Raskik operates through Vsa Health & Wellness Private Limited.

Yes. Raskik was acquired by Reliance Retail in April 2023.

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