About Recipeat
Recipeat is a Technology company based in Bengaluru (India) founded in 2021 by Ram Vaibhav Kumaran and Adrien Jasserand. Recipeat has raised $160 thousand across 2 funding rounds from investors including Gruhas Gusto and 100X.VC. Its Indian entity Recipeat India Private Limited reported revenue of ₹7.1 Lakh. Recipeat offers products and services including Job Search Platform and Hiring Tool. Its focus areas include Enterprise Applications, HRTech, Job Board and Industry Specific.
Company details
Provider of a restaurant staffing platform connecting employers and employees. This platform facilitates the hiring process by pre-screening candidates, reducing the time required to fill open positions. It offers a centralized system for restaurants to post job openings and for job seekers to find relevant opportunities. The platform aims to streamline the recruitment process for both employers and employees in the restaurant industry. It provides access to a pool of qualified candidates and simplifies the search for suitable employment.
- Headquarters Bengaluru, India
- Founders Ram Vaibhav Kumaran, Adrien Jasserand
- SectorsTechnology
- Email••••••••
- Website recipeat.in
- Social LinkedIn X Instagram
- Legal Name Recipeat India Private Limited
- Date of Incorporation 25 Feb, 2021
- Jurisdiction Nolambur, Tamil Nadu, India
- Annual Revenue₹7.1 Lakh
FY 2023 · +46788% YoY
- Net Loss-₹10.8 Lakh
FY 2023 · -152% margin
- EBITDA-₹10.8 Lakh
FY 2023 · -152% margin
- Total Equity Funding$160K (USD)
in 2 rounds
- InvestorsGruhas Gusto
& 1 more
Associated legal entities of Recipeat
Recipeat operates through Recipeat India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Recipeat India Private Limited CIN U15400TN2021PTC141632 | Active | 25 Feb 2021 | Nolambur, Tamil Nadu | ₹0.1 Cr | 2 | View details |
Products & Services of Recipeat
Recipeat offers a comprehensive portfolio of products and services, including Job Search Platform and Hiring Tool.
Online tool for searching and applying to hospitality jobs
Service for posting jobs and screening candidates
Funding Insights of Recipeat
Recipeat has successfully raised a total of $160K across 2 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 $160,000
- Total Rounds 2
- First Round $160,000
(Jun 2023)
- Investors Count 2
All 2 funding rounds of Recipeat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | Seed | – | – | ||
| Jun 2023 | $160,000 | Seed | – | 100X.VC | – |
2 investors in total: 2 institutional.
Investors in Recipeat
Recipeat has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Gruhas Gusto and 100X.VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by 100X.VC venture capital firm. | 100x.vc | Mumbai, India | ||
An accelerator program for early-stage food innovation companies is operated. | gruhasgusto.com | Hyderabad, India |
Investor details for Recipeat
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Recipeat India Private Limited (Recipeat)
Recipeat India Private Limited is the primary company behind Recipeat. The board of Recipeat India Private Limited currently have 2 directors; the longest-serving is Kumaran Ram Vaibhav, appointed in 2021. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kumaran Ram Vaibhav DIN 09081231 | Director | 25 Feb 2021 | 5 yrs 8 mo | Recipeat India Private Limited |
| Nandiniy Vijaykumar DIN 01896892 | Director | 10 Nov 2022 | 4 yrs | Recipeat India Private Limited |
People of Recipeat
2 people are tracked at Recipeat (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Adrien Jasserand | Co-Founder | Leadership |
Complete people profiles for Recipeat
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Recipeat
Figures of Recipeat India Private Limited, the primary company behind Recipeat, for FY 2023. Revenue was ₹7.1 Lakh (+46788% year on year). Net loss was -₹10.8 Lakh (-152% margin). EBITDA was -₹10.8 Lakh (-152% margin).
- ₹7.1 LakhRevenue · FY 2023 · +46788% YoY
- -₹10.8 LakhNet loss · -152% margin
- -₹10.8 LakhEBITDA · -152% margin
- ₹2.4 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Recipeat India Private Limited are on its company page.
Detailed financial statements for Recipeat
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Recipeat
3 dated milestones of Recipeat across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Recipeat is founded.
- Funding First funding round of $160K.
- Funding Latest funding round, Seed,.
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Frequently Asked Questions about Recipeat
Recipeat was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Recipeat is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Recipeat is a funded company, having raised a total of $160K across 2 funding rounds to date. The company's 1st funding round was a Seed of $160K, raised on Jun 2023.
The primary company behind Recipeat, Recipeat India Private Limited, reported revenue of ₹7.1 Lakh for FY 2023, up 46788% year on year.
Provider of a restaurant staffing platform connecting employers and employees. This platform facilitates the hiring process by pre-screening candidates, reducing the time required to fill open positions. It offers a centralized system for restaurants to post job openings and for job seekers to find relevant opportunities. The platform aims to streamline the recruitment process for both employers and employees in the restaurant industry. It provides access to a pool of qualified candidates and simplifies the search for suitable employment.
Recipeat offers Job Search Platform and Hiring Tool.
Recipeat has 2 investors. Key investors include Gruhas Gusto, and 100X.VC.
Recipeat operates through Recipeat India Private Limited.
The legal entities of Recipeat currently have 2 directors, including Kumaran Ram Vaibhav, Nandiniy Vijaykumar.