About Ripsey
Ripsey is a Consumer company based in Mumbai (India) founded in 2018 by Alekhya Boora and Silky Singh. Subscription-based meal plans are provided for fitness goals. Ripsey has raised $421.16 thousand across 2 funding rounds from investors including ah! Ventures, Sandeep Bagla and Bakir Gandhi. Ripsey was last valued at $693.19 thousand in February 2020. Its chief executive, as recorded, is Silky Singh. Its focus areas include Food and Agriculture Tech, Food Tech, Internet First Restaurant and OnDemand. Its legal entity in India is Ripsy Food Tech Private Limited (U15549MH2018PTC311852). Its competitors include EatFit, The Kenko Life and SoupX; 1 of its 3 listed competitors has raised funding.
Company details
Ripsey was founded in 2018 in Mumbai, India, as an internet-first restaurant focused on nutrition. Various subscription-based meal plans are offered, including Fat Loss, Stay Fit, Muscle Gain, and Keto, to address different dietary needs. Customer progress is tracked through the platform, with plans adapted based on individual requirements. Operations rely on a subscription revenue model within the food delivery and health tech sector.
- Headquarters Mumbai, India
- Founders Alekhya Boora, Silky Singh
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website ripsey.com
- Social LinkedIn Facebook
- Legal Name Ripsy Food Tech Private Limited
- Date of Incorporation 13 Jul, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹12,417
FY 2025
- Net Loss-₹58,646
FY 2025 · -472% margin
- EBITDA-₹3,540
FY 2025 · -29% margin
- Total Equity Funding$421.16K (USD)
in 2 rounds
- Latest Funding Round$279.43K (USD), Seed
Feb 2020
- Investorsah! Ventures
& 3 more
Associated legal entities of Ripsey
Ripsey operates through Ripsy Food Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ripsy Food Tech Private Limited CIN U15549MH2018PTC311852 | Active | 13 Jul 2018 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
Funding Insights of Ripsey
Ripsey has successfully raised a total of $421.16K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $279.43 thousand completed in February 2020. 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 $421,157
- Total Rounds 2
- Last Round Seed — $279,427
- First Round $141,730
(May 2019)
- Investors Count 4
All 2 funding rounds of Ripsey 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 2020 | $279,427 | Seed | $693,193 | Sandeep Bagla, Bakir Gandhi | |
| May 2019 | $141,730 | Seed | – | – | – |
Last known valuation $693,193 (Feb 2020). 4 investors in total: 1 institutional and 3 angel.
Investors in Ripsey
Ripsey has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include ah! Ventures, Sandeep Bagla and Bakir Gandhi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fundraising is enabled for startups through an investor connection platform. | ahventures.in | Mumbai, India | ||
SB Sandeep Bagla | unknown_cddef267d66542feb | |||
BG Bakir Gandhi | unknown_d329633d1fcc4a5aa | |||
AB Alekhya Boora | unknown_bce58d07c7204095b |
Investor details for Ripsey
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Board of directors of Ripsy Food Tech Private Limited (Ripsey)
Ripsy Food Tech Private Limited is the primary company behind Ripsey. The board of Ripsy Food Tech Private Limited currently have 2 directors; the longest-serving is Silky Singh, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Silky Singh DIN 07628529 | Managing Director | 13 Jul 2018 | 8 yrs 3 mo | Ripsy Food Tech Private Limited |
| Alekhya Boora DIN 08703918 | Director | 29 Feb 2020 | 6 yrs 7 mo | Ripsy Food Tech Private Limited |
People of Ripsey
2 people are tracked at Ripsey (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| Founder & CEO | Leadership |
Complete people profiles for Ripsey
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Financials of Ripsey
Figures of Ripsy Food Tech Private Limited, the primary company behind Ripsey, for FY 2025. Revenue was ₹12,417. Net loss was -₹58,646 (-472% margin). EBITDA was -₹3,540 (-29% margin). Revenue has grown at a compounded annual rate of +235% over three years and -72% over five years.
- ₹12,417Revenue · FY 2025
- -₹58,646Net loss · -472% margin
- -₹3,540EBITDA · -29% margin
- ₹1.4 LakhPaid-up capital
- +235%Revenue CAGR, 3 years
- -72%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ripsy Food Tech Private Limited are on its company page.
Detailed financial statements for Ripsey
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Ripsey
3 dated milestones of Ripsey across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Ripsey is founded.
- Funding First funding round of $142K.
- Funding Latest funding round, Seed, of $279K.
Competitors of Ripsey
Ripsey has 3 listed competitors in our database, 1 of them funded. They include EatFit, The Kenko Life and SoupX.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eatfit.in | 2020 | Bengaluru, India | 2,418 | Food ordering services are offered via an internet-first restaurant platform. | ||
| thekenkolife.com | 2020 | Bengaluru, India | 11 | Provider of personalized meal plans | ||
| soupx.in | 2021 | Delhi, India | $93,456 | Subscription-based healthy meals are delivered via an online platform. |
Detailed competitors of Ripsey
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Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Ripsey (Food & Beverage Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 6,903 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 |
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Related news about Ripsey
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Frequently Asked Questions about Ripsey
Ripsey was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Ripsey is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Silky Singh is the CEO of Ripsey, as recorded in our data. They have also founded this company.
Ripsey is a funded company, having raised a total of $421.16K across 2 funding rounds to date. The company's 1st funding round was a Seed of $141.73K, raised on May 2019.
The primary company behind Ripsey, Ripsy Food Tech Private Limited, reported revenue of ₹12,417 for FY 2025.
Ripsey was founded in 2018 in Mumbai, India, as an internet-first restaurant focused on nutrition. Various subscription-based meal plans are offered, including Fat Loss, Stay Fit, Muscle Gain, and Keto, to address different dietary needs. Customer progress is tracked through the platform, with plans adapted based on individual requirements. Operations rely on a subscription revenue model within the food delivery and health tech sector.
Ripsey's top competitors include EatFit, The Kenko Life and SoupX.
Ripsey has 4 investors. Key investors include ah! Ventures, Sandeep Bagla, Bakir Gandhi, and Alekhya Boora.
The valuation of Ripsey is $693.19K as of Feb 2020.
Ripsey operates through Ripsy Food Tech Private Limited.
The legal entities of Ripsey currently have 2 directors, including Alekhya Boora, Silky Singh.