About Snackible
Snackible is a company based in Mumbai (India) founded in 2015 by Aditya Sanghavi.. Snackible has raised $3.99 million across 8 funding rounds from investors including Cornerstone, Angel List and Mumbai Angels. The company has 12 employees as of March 31, 2024. Snackible offers products and services including Baked Pizza with Cheesy Jalapeno Dip, Coffee Cookies, Nacho Cheese Jowar Puffs, Ragi Chips, and Chocolate Energy Bar. Snackible operates in a competitive market with competitors including Poshtick, Natura Munch, Snackboxwala and eatNutri, among others.
- Headquarter Mumbai, India
- Employees 12 as on 31 Mar, 2024
- Founders Aditya Sanghavi
- Stage Minicorn
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Sectors
ConsumerRetail
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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 Lightsaber Food Ventures Private Limited
- Date of Incorporation 22 Jun, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.65 M (USD)27.91as on Mar 31, 2024
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Net Profit
$-520.93 K (USD)24.54as on Mar 31, 2024
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EBITDA
$-469.81 K (USD)32.83as on Mar 31, 2024
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Total Equity Funding
$3.99 M (USD)
in 8 rounds
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Latest Funding Round
$330.55 K (USD), Series A
Apr 19, 2024
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Investors
Cornerstone
& 151 more
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Employee Count
12
as on Mar 31, 2024
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Products & Services of Snackible
Snackible offers a comprehensive portfolio of products and services, including Baked Pizza with Cheesy Jalapeno Dip, Coffee Cookies, Nacho Cheese Jowar Puffs, Ragi Chips, and Chocolate Energy Bar. 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.
Healthy baked pizza sticks with dip for flavorful snacking
Baked coffee-flavored cookies for energy and taste
Crispy jowar puffs with cheese for a low-calorie treat
Nutritious ragi-based chips for healthy munching
Energy bar with chocolate for quick nutrition
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Funding Insights of Snackible
Snackible has successfully raised a total of $3.99M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $330.55 thousand completed in April 2024. 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 8
- Last Round Series A — $330,553
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First Round
First Round
(23 Jan 2016)
- Investors Count 152
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series A - Snackible | Valuation | Credentia Trustee , Ktv Narayanan | |
| Dec, 2021 | Amount | Series A - Snackible | Valuation | Ajay Garg | |
| Feb, 2021 | Amount | Series A - Snackible | Valuation | Pitaara , Nibhrant Darshan Shah |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Snackible
Snackible has secured backing from 152 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Cornerstone, Angel List and Mumbai Angels. 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 |
|---|---|---|---|---|
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Investment in early-stage startups and global community support.
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Founded Year | Domain | Location | |
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Snackible
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Snackible
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Snackible Comparisons
Competitors of Snackible
Snackible 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 Poshtick, Natura Munch, Snackboxwala and eatNutri, 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 |
Healthy mid-meal snacks are provided via an online subscription platform.
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| domain | founded_year | HQ Location |
Offers nutritious snacks via subscription plans for healthy eating and lifestyle support.
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| domain | founded_year | HQ Location |
A subscription-based platform for ordering healthy snacks.
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| domain | founded_year | HQ Location |
An online store for healthy snacks under private labels.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Snackible
Frequently Asked Questions about Snackible
When was Snackible founded?
Snackible was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Snackible located?
Snackible is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Snackible?
Aditya Sanghavi is the current CEO of Snackible. They have also founded this company.
Is Snackible a funded company?
Snackible is a funded company, having raised a total of $3.99M across 8 funding rounds to date. The company's 1st funding round was a Series A of $282.41K, raised on Jan 23, 2016.
How many employees does Snackible have?
As of Mar 31, 2024, the latest employee count at Snackible is 12.
What is the annual revenue of Snackible?
Annual revenue of Snackible is $1.65M as on Mar 31, 2024.
What does Snackible do?
Snackible was founded in 2015 in Mumbai, India, and operates within the food sector. A range of baked snack foods, such as chips, puffs, cookies, and other goods, is provided using wholesome ingredients. Emphasis is placed on baked alternatives to fried options, with products available in various sizes for individual and bulk orders. Options are tailored to different dietary preferences and tastes, supporting operations in the healthy snacks market.
Who are the top competitors of Snackible?
Snackible's top competitors include Poshtick, Natura Munch and eatNutri.
What products or services does Snackible offer?
Snackible offers Baked Pizza with Cheesy Jalapeno Dip, Coffee Cookies, Nacho Cheese Jowar Puffs, Ragi Chips, and Chocolate Energy Bar.
Who are Snackible's investors?
Snackible has 152 investors. Key investors include Cornerstone, Angel List, Mumbai Angels, LetsVenture, and We Founder Circle.
What is Snackible's valuation?
The valuation of Snackible is $8.63M as of Apr 2024.