About Redbasil
Redbasil is a company based in Gurugram (India) founded in 2020 by Shivank Shukla, Naman Dayal, Gaurav Pal, and Amit Khanchi. Redbasil has raised $777.06 thousand across 2 funding rounds from investors including Mumbai Angels, Sat Industries and Plan B Capital Advisors. The company has 1 employees as of April 03, 2024. Redbasil offers products and services including Grocery Ecommerce Platform, Pulses and Dal Products, and Dry Fruits and Nuts. Redbasil operates in a competitive market with competitors including Toast, Olo, Zenput, UrbanPiper and Tillster, among others.
- Headquarter Gurugram, India
- Employees 1 as on 03 Apr, 2024
- Founders Shivank Shukla, Naman Dayal, Gaurav Pal, Amit Khanchi
- Stage Minicorn
-
Sectors
Consumer
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Red Basil Technologies Private Limited
- Date of Incorporation 20 Jan, 2021
- Jurisdiction Sadar Bazar, Haryana, India
-
Annual Revenue
$202.76 K (USD)2873.61as on Mar 31, 2023
-
Net Profit
-$233.68 K (USD)-903.83as on Mar 31, 2023
-
EBITDA
-$235.43 K (USD)-895.16as on Mar 31, 2023
-
Total Equity Funding
$777.06 K (USD)
in 2 rounds
-
Latest Funding Round
$280.58 K (USD), Seed
Apr 25, 2023
-
Investors
Mumbai Angels
& 43 more
-
Employee Count
1
as on Apr 03, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Redbasil
Redbasil offers a comprehensive portfolio of products and services, including Grocery Ecommerce Platform, Pulses and Dal Products, and Dry Fruits and Nuts.
Platform for online ordering of premium groceries with fast delivery
Range of pulses like Arhar Dal for everyday cooking needs
Selection of dry fruits such as almonds for snacks and health
Funding Insights of Redbasil
Redbasil has successfully raised a total of $777.06K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $280.58 thousand completed in April 2023. 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.
Investors in Redbasil
Redbasil has secured backing from 44 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Mumbai Angels, Sat Industries and Plan B Capital Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage venture investments are facilitated by Mumbai Angels network.
|
Locked | Locked | Locked | |
|
Early-stage investments in logistics, transportation, and e-commerce technologies are targeted.
|
Locked | Locked | Locked | |
|
-
|
Locked | Locked | Locked |
Investor details for Redbasil
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Redbasil
Investment portfolio details for Redbasil
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Redbasil
Detailed financials for Redbasil
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Redbasil Comparisons
Peer comparison for Redbasil
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Redbasil
Redbasil operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Toast, Olo, Zenput, UrbanPiper and Tillster, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Restaurant operations are managed via a cloud-based platform.
|
|
| Locked | Locked | Locked |
Olo is recognized as a restaurant technology platform provider.
|
|
| Locked | Locked | Locked |
Zenput is utilized as an operations execution platform for multi-unit operators.
|
|
| Locked | Locked | Locked |
Delivery channels management software is provided for restaurants.
|
|
| Locked | Locked | Locked |
SaaS solutions for restaurant online ordering and analytics are offered.
|
|
| Locked | Locked | Locked |
Online platform for food service supply chains
|
Detailed competitors of Redbasil
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Redbasil
Complete news archive for Redbasil
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Redbasil
Redbasil was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Redbasil is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Naman Dayal is the current CEO of Redbasil. They have also founded this company.
Redbasil is a funded company, having raised a total of $777.06K across 2 funding rounds to date.
As of Apr 03, 2024, the latest employee count at Redbasil is 1.
Annual revenue of Redbasil is $202.76K as on Mar 31, 2023.
B2B marketplace offering grocery supplies for businesses. It offers fruits vegetables, beverages, milk dairy products, tea and coffee, meat and seafood, and more. It offers products from restaurants and hotels. The mobile application is available for Android and iOS users.
Redbasil's top competitors include Toast, UrbanPiper and SpotOn.
Redbasil offers Grocery Ecommerce Platform, Pulses and Dal Products, and Dry Fruits and Nuts.
Redbasil has 44 investors. Key investors include Mumbai Angels, Sat Industries, Plan B Capital Advisors, GanitScience, and South Asia Tech.
The valuation of Redbasil is $4.44M as of Apr 2023.