About Simply Fresh
Simply Fresh is a company based in Hyderabad (India) founded in 2013 by Sachin Darbarwar and Shweta Darbarwar.. Simply Fresh has raised $22.75 million across 1 funding round from investors including Harvest Capital, Mylktree Consultanats and Proterra Investment Partners. The company has 87 employees as of April 06, 2024. Simply Fresh offers products and services including Lettuces, Leafy Greens, Vine Crops, Peppers, and Nutraceuticals. Simply Fresh operates in a competitive market with competitors including Eeki, LandCraft Retail, Herbivore Farms, Triangle Farms and Landcraft Agro, among others.
- Headquarter Hyderabad, India
- Employees 87 as on 06 Apr, 2024
- Founders Sachin Darbarwar, Shweta Darbarwar
- Stage Minicorn
-
Sectors
Agriculture
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Simply Fresh Private Limited
- Date of Incorporation 17 Oct, 2013
- Jurisdiction Hyderabad, Telangana, India
-
Annual Revenue
$550.07 K (USD)6.35as on Mar 31, 2023
-
Net Profit
$-4.94 M (USD)-34.29as on Mar 31, 2023
-
EBITDA
$-2.26 M (USD)-11.2as on Mar 31, 2023
-
Total Equity Funding
$22.75 M (USD)
in 1 rounds
-
Latest Funding Round
$22.75 M (USD), Series A
Aug 09, 2018
-
Investors
Harvest Capital
& 4 more
-
Employee Count
87
as on Apr 06, 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 Simply Fresh
Simply Fresh offers a comprehensive portfolio of products and services, including Lettuces, Leafy Greens, Vine Crops, Peppers, and Nutraceuticals. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Crisp, nutrient-rich lettuces for salads and healthy meals.
Vibrant greens packed with nutrients for daily diets.
Fresh tomatoes and cucumbers grown for peak flavor.
Sweet and spicy peppers full of crunch and taste.
Natural ingredients boosting health and nutrition.
Aromatic herbs enhancing meal flavors and wellness.
Traditional greens for authentic Indian cuisine.
Tasty blooms adding gourmet touches to dishes.
Tender shoots with intense flavors and nutrients.
Fresh fruits for convenient, quality consumption.
Funding Insights of Simply Fresh
Simply Fresh has successfully raised a total of $22.75M through 1 strategic funding round. The most recent funding activity was a Series A round of $22.75 million completed in August 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $22.8M
-
First Round
First Round
(09 Aug 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series A - Simply Fresh | Valuation | Proterra Investment Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Simply Fresh
Simply Fresh has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Harvest Capital, Mylktree Consultanats and Proterra Investment Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Investment and portfolio management services are offered to clients.
|
Founded Year | Domain | Location | |
|
Provides investment strategies in food and agriculture sectors worldwide.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Simply Fresh
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Simply Fresh
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Simply Fresh Comparisons
Competitors of Simply Fresh
Simply Fresh 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 Eeki, LandCraft Retail, Herbivore Farms, Triangle Farms and Landcraft Agro, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of hydroponics-based farming solutions
|
|
| domain | founded_year | HQ Location |
Tech-based solutions for indoor farming and resource management are provided.
|
|
| domain | founded_year | HQ Location |
Herbs and leafy vegetables are produced via vertical farming methods.
|
|
| domain | founded_year | HQ Location |
Platform for offering hydroponically grown vegetables.
|
|
| domain | founded_year | HQ Location |
Produces and supplies organic fruits, vegetables, and medicinal herbs.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Simply Fresh
Frequently Asked Questions about Simply Fresh
When was Simply Fresh founded?
Simply Fresh was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Simply Fresh located?
Simply Fresh is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Simply Fresh?
Sachin Darbarwar is the current CEO of Simply Fresh. They have also founded this company.
Is Simply Fresh a funded company?
Simply Fresh is a funded company, having raised a total of $22.75M across 1 funding round to date. The company's 1st funding round was a Series A of $22.75M, raised on Aug 09, 2018.
How many employees does Simply Fresh have?
As of Apr 06, 2024, the latest employee count at Simply Fresh is 87.
What is the annual revenue of Simply Fresh?
Annual revenue of Simply Fresh is $550.07K as on Mar 31, 2023.
What does Simply Fresh do?
Producer of hydroponically grown produce. It cultivates a variety of lettuces, leafy greens, vine crops, peppers, herbs, Indian greens, microgreens, edible flowers, and fruits. The company utilizes advanced technologies such as AI, IoT, and climate engineering to ensure superior nutritional value and chemical-free produce. This method promotes sustainability by conserving water and reducing pesticide use. The focus is on providing fresh, high-quality produce while emphasizing efficiency and transparency throughout the production process.
Who are the top competitors of Simply Fresh?
Simply Fresh's top competitors include Eeki, LandCraft Retail and Triangle Farms.
What products or services does Simply Fresh offer?
Simply Fresh offers Lettuces, Leafy Greens, Vine Crops, Peppers, and 6 more products and services.
Who are Simply Fresh's investors?
Simply Fresh has 5 investors. Key investors include Harvest Capital, Mylktree Consultanats, Proterra Investment Partners, Sachin Darbarwar, and Swetha Darbarwar.
What is Simply Fresh's valuation?
The valuation of Simply Fresh is $28.4M as of Aug 2018.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.