About Riggle
Riggle is a Retail company based in Mumbai (India) founded in 2021 by Arjit Gupta. B2B order management and supply chain solutions. Riggle has raised $536.93 thousand across 5 funding rounds from investors including Dharmendra Rabari, Anshul Rathi and Chanchal Jain. The company has 5 employees. Its Indian entity Potluck Technologies Private Limited reported revenue of ₹4.9 Lakh. Its focus areas include B2B E-Commerce, Technology Enablers, Operations Management and Order Management.
Company details
Riggle was founded in 2021 in Mumbai, India, as a platform for B2B order management and procurement in the FMCG supply chain. Digitization is enabled through tools like service order management software, work order systems, and operational insights. Services encompass order management, margin management, distributor procurement, and delivery operations. Sectors served include personal care, food and beverage, packaged goods, and baby care.
- Headquarters Mumbai, India
- Employees 5
- Founders Arjit Gupta
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website riggleapp.in
- Social LinkedIn X Facebook
- Legal Name Potluck Technologies Private Limited
- Date of Incorporation 08 Sep, 2021
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹4.9 Lakh
FY 2023 · -91% YoY
- Net Loss-₹6.7 Lakh
FY 2023 · -138% margin
- EBITDA₹52,911
FY 2023 · 11% margin
- Total Equity Funding$536.93K (USD)
in 5 rounds
- Latest Funding Round$366.54K (USD), Seed
Feb 2025
- InvestorsPIEDS
& 10 more
- Employee Count5
Associated legal entities of Riggle
Riggle operates through Potluck Technologies 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 |
|---|---|---|---|---|---|---|---|
| Potluck Technologies Private Limited CIN U51909MH2021PTC367185 | Active | 08 Sep 2021 | Mumbai, Maharashtra | ₹0.0 Cr | 5 | 2 | View details |
Funding Insights of Riggle
Riggle has successfully raised a total of $536.93K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $366.54 thousand completed in February 2025. 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 $536,929
- Total Rounds 5
- Last Round Seed — $366,541
- First Round $53,995
(Mar 2022)
- Investors Count 11
All 5 funding rounds of Riggle 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 |
|---|---|---|---|---|---|
| Feb 2025 | $366,541 | Seed | – | Desai Associates | |
| Nov 2023 | $86,801 | Seed | – | Devansh Shah, PIEDS | |
| Jan 2023 | $29,592 | Angel Round | – | Dharmendra Rabari | |
| Nov 2022 | Angel Round | – | Chanchal Jain | – | |
| Mar 2022 | $53,995 | Angel Round | – | Chanchal Jain | – |
11 investors in total: 2 institutional and 9 angel.
Investors in Riggle
Riggle has secured backing from 11 investors, including angel and venture fund investors. Prominent investors backing the company include Dharmendra Rabari, Anshul Rathi and Chanchal Jain.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accelerator providing funding and advisory solutions to startups | pieds-bitspilani.org | |||
DR Dharmendra Rabari | unknown_f0f6369e4e564c37a | |||
AR Anshul Rathi | unknown_e87b809899344495b | |||
CJ Chanchal Jain | unknown_db9e83d8a2694d0c8 | |||
RR Rohit R Sharma | unknown_3d5606963a5b4467a | |||
LP Likhit Patani | unknown_c4451adc694a4cc18 | |||
DS Devansh Shah | unknown_c550b5ee399c4b019 | |||
KS Kapil Swamidas Saini | unknown_c7026fe2d37842dfb | |||
PN Piyush Nangru | Co-founder of Sunstone Eduversity, active angel investor in edtech and tech startups. | unknown_b42604000d1e47d69 | ||
PP Pranay Patni | unknown_8ba6d65c70d34d6ca |
Investor details for Riggle
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 Potluck Technologies Private Limited (Riggle)
Potluck Technologies Private Limited is the primary company behind Riggle. The board of Potluck Technologies Private Limited currently have 2 directors; the longest-serving is Arjit Anilbhai Gupta, appointed in 2021. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arjit Anilbhai Gupta DIN 08175065 | Director | 08 Sep 2021 | 5 yrs 2 mo | Potluck Technologies Private Limited |
| Chanchal Jain DIN 09052233 | Director | 09 Dec 2023 | 2 yrs 11 mo | Potluck Technologies Private Limited |
People of Riggle
2 people are tracked at Riggle (2 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Bret Riggle | Owner | Leadership |
| Co-Founder | Leadership |
Complete people profiles for Riggle
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 Riggle
Figures of Potluck Technologies Private Limited, the primary company behind Riggle, for FY 2023. Revenue was ₹4.9 Lakh (-91% year on year). Net loss was -₹6.7 Lakh (-138% margin). EBITDA was ₹52,911 (11% margin).
- ₹4.9 LakhRevenue · FY 2023 · -91% YoY
- -₹6.7 LakhNet loss · -138% margin
- ₹52,911EBITDA · 11% margin
- ₹97,053Paid-up capital
- 5Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Potluck Technologies Private Limited are on its company page.
Detailed financial statements for Riggle
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 Riggle
3 dated milestones of Riggle across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Riggle is founded.
- Funding First funding round of $54K.
- Funding Latest funding round, Seed, of $367K.
Web traffic of Riggle
The website of Riggle (riggleapp.in) receives about 1.9K visits a month.
- Monthly visits1.9K
▲ 75.1% vs previous month
Top companies in B2B Marketplaces & Wholesale
2 companies that operate in the same segment as Riggle (B2B Marketplaces & Wholesale) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 38.2 M | USD 167.23 M | 6,222 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 783.57 M | USD 1.43 B | 2,645 |
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Frequently Asked Questions about Riggle
Riggle was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Riggle is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Riggle is a funded company, having raised a total of $536.93K across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $54K, raised on Mar 2022.
Riggle has 5 employees.
The primary company behind Riggle, Potluck Technologies Private Limited, reported revenue of ₹4.9 Lakh for FY 2023, down 91% year on year.
Riggle was founded in 2021 in Mumbai, India, as a platform for B2B order management and procurement in the FMCG supply chain. Digitization is enabled through tools like service order management software, work order systems, and operational insights. Services encompass order management, margin management, distributor procurement, and delivery operations. Sectors served include personal care, food and beverage, packaged goods, and baby care.
Riggle has 11 investors. Key investors include Dharmendra Rabari, Anshul Rathi, Chanchal Jain, Desai Associates, and Rohit R Sharma.
Riggle operates through Potluck Technologies Private Limited.
The legal entities of Riggle currently have 2 directors, including Chanchal Jain, Arjit Anilbhai Gupta.