Ruralbasket

Tirunelveli, India Founded: 2018 • Age: 8 yrs
Online platform delivery grocery items from farm to home
Annual revenue $18,715 Latest available
Total funding $67,702 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Ruralbasket

Ruralbasket is a company based in Tirunelveli (India) founded in 2018 by Issac Devaraj. Ruralbasket has raised $67.7 thousand across 1 funding round from investors including Nativelead. Ruralbasket operates in a competitive market with competitors including JoybyNature, TrulyDesi, Kedia Organic Agro Product, Organic Kitchen and Clikgreen, among others.

  • Headquarter Tirunelveli, India
  • Founders Issac Devaraj
  • Sectors
    Retail
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Lapsina Technology Private Limited
  • Date of Incorporation 27 Jun, 2017
  • Jurisdiction Ambasamudram Taluk, Tamil Nadu, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $18.72 K (USD)
    11607.27
    as on Mar 31, 2019
  • Net Profit
    $1.55 K (USD)
    205.06
    as on Mar 31, 2019
  • EBITDA
    $2.6 K (USD)
    273.32
    as on Mar 31, 2019
  • Total Equity Funding
    $67.7 K (USD)

    in 1 rounds

  • Latest Funding Round
    $67.7 K (USD), Series A

    Dec 08, 2020

  • Investors
  • Employee Count
    Not available
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Funding Insights of Ruralbasket

Ruralbasket has successfully raised a total of $67.7K through 1 strategic funding round. The most recent funding activity was a Series A round of $67.7 thousand completed in December 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.

Investors in Ruralbasket

Ruralbasket has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Nativelead.

All
Institutional
Investor Description Founded Year Domain Location
An online fundraising platform for location-based native users and entrepreneurs.
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Investor details for Ruralbasket

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Investments & Acquisitions by Ruralbasket

Investments
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Investment portfolio details for Ruralbasket

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Financial Statements - Ruralbasket

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Detailed financials for Ruralbasket

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Ruralbasket Comparisons

Ruralbasket Primary company
Description
Online platform delivery grocery items from farm to home
Location
Tirunelveli, India
Founded Year
2018
Annual Revenue
$18.72 K (USD)
Net Profit
$1.55 K (USD)
EBITDA
$2.6 K (USD)
Employees
Not available
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Peer comparison for Ruralbasket

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Competitors of Ruralbasket

Ruralbasket 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 JoybyNature, TrulyDesi, Kedia Organic Agro Product, Organic Kitchen and Clikgreen, among others.

Company Name Domain Founded year HQ Location Description
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Organic and natural lifestyle products are retailed online.
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Farm-fresh Gir cow milk and dairy products are provided.
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Sells organic groceries, oils, dairy, and farm-fresh products online.
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Internet first brand of organic grocery products
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Manages an e-commerce store specializing in natural and organic products.
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Detailed competitors of Ruralbasket

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Latest news on Ruralbasket

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Complete news archive for Ruralbasket

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Frequently Asked Questions about Ruralbasket

Ruralbasket was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Ruralbasket is headquartered in Tirunelveli, India. It is registered at Tirunelveli, Tamil Nadu, India.

Ruralbasket is a funded company, having raised a total of $67.7K across 1 funding round to date.

Annual revenue of Ruralbasket is $18.72K as on Mar 31, 2019.

Ruralbasket was founded in 2018 in Tirunelveli, India, operating as an e-commerce platform in the grocery sector. Items such as rice, dals, millets, spices, oils, sweets, snacks, and organic products are sourced directly from farmers and delivered to customers homes. Additional categories include beauty and personal care items, books, and accessories. Services provided encompass order tracking and online payment options.

Ruralbasket's top competitors include JoybyNature, Organic Kitchen and TrulyDesi.

Ruralbasket has 1 investor. Key investors include Nativelead.

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