About Saucery
Saucery is a company based in Mumbai (India) founded in 2015 by Pallavi Sailesh Bhatia and Nikhil Vora was acquired by Wingreens World in September 2023. Saucery has raised $189.3 thousand across 2 funding rounds from investors including Wingreens World, Hindustan Foods and Ajay Sarupria. The company has 14 employees as of April 06, 2024. Saucery operates in a competitive market with competitors including Veeba, Heinz, Cremica, Capital Foods and Masterchow, among others.
- Headquarter Mumbai, India
- Employees 14 as on 06 Apr, 2024
- Founders Pallavi Sailesh Bhatia, Nikhil Vora
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Saucery Foods Private Limited
- Date of Incorporation 16 Oct, 2017
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$486.83 K (USD)55.32as on Mar 31, 2023
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Net Profit
-$308.52 K (USD)-176.38as on Mar 31, 2023
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EBITDA
-$265.67 K (USD)-178.55as on Mar 31, 2023
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Total Equity Funding
$189.3 K (USD)
in 2 rounds
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Latest Funding Round
$142.41 K (USD), Angel Round
Dec 20, 2018
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Investors
Wingreens World
& 5 more
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Employee Count
14
as on Apr 06, 2024
- Acquired by
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Funding Insights of Saucery
Saucery has successfully raised a total of $189.3K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $142.41 thousand completed in December 2018. 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 Saucery
Saucery has secured backing from 6 investors, including angel and institutional investors. Prominent investors backing the company include Wingreens World, Hindustan Foods and Ajay Sarupria.
| Investor | Description | Founded Year | Domain | Location |
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Multi-category food products are distributed via an internet-first brand.
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Ajay Sarupria |
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Jasmine Ajay Sarupria |
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Investor details for Saucery
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Investments & Acquisitions by Saucery
Investment portfolio details for Saucery
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Financial Statements - Saucery
Detailed financials for Saucery
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Saucery Comparisons
Peer comparison for Saucery
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Competitors of Saucery
Saucery 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 Veeba, Heinz, Cremica, Capital Foods and Masterchow, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Internet first brand of sauces, dips, and other condiment products
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Heinz is recognized for producing condiments and packaged foods.
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Biscuits, sauces, bread, and related condiments are produced by Cremica.
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Capital Foods Limited is engaged in producing packaged food products.
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Multi-category sauces are offered by this internet-first brand.
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Ethnic Indian foods, pickles, and curries are produced globally.
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Detailed competitors of Saucery
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Latest news on Saucery
Complete news archive for Saucery
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Frequently Asked Questions about Saucery
Saucery was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Saucery is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Saucery is a funded company, having raised a total of $189.3K across 2 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Saucery is 14.
Annual revenue of Saucery is $486.83K as on Mar 31, 2023.
Saucery is a private label brand for spreads and dips. Offerings include sauces, dips, spreads with different flavours. Claims that the products are 100 natural, vegan and are free of gluten, chemicals, artificial additives and trans fats. Operates through an online channel of retail only. Partnered with e-commerce platforms like Shop Hop, Amazon for online retail in addition to its own online platform.
Saucery's top competitors include Veeba, Heinz and Masterchow.
Saucery has 6 investors. Key investors include Wingreens World, Hindustan Foods, Ajay Sarupria, Jasmine Ajay Sarupria, and Nikhil Vora.
The valuation of Saucery is $716.02K as of Dec 2018.