About SoupX
SoupX is a company based in Delhi (India) founded in 2021 by Priyank Jain.. SoupX has raised $93.46 thousand across 3 funding rounds from investors including Vineeta Singh and Lotus Risk Management. The company has 1 employees as of April 01, 2024. SoupX operates in a competitive market with competitors including EatFit, The Kenko Life, Ripsey, InstaDiet and Planto Meals, among others.
- Headquarter Delhi, India
- Employees 1 as on 01 Apr, 2024
- Founders Priyank Jain
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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
*********
- Legal Name Mercuryrise Hospitality Private Limited
- Date of Incorporation 20 Dec, 2021
- Jurisdiction Lucknow, Uttar Pradesh, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$93.46 K (USD)
in 3 rounds
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Latest Funding Round
$60.4 K (USD), Angel Round
Jan 05, 2023
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Investors
Lotus Risk Management
& 1 more
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Employee Count
1
as on Apr 01, 2024
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Funding Insights of SoupX
SoupX has successfully raised a total of $93.46K across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $60.4 thousand completed in January 2023. 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 3
- Last Round Angel Round — $60,397
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First Round
First Round
(02 Mar 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Debt – Conventional - SoupX | Valuation |
investors |
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| Jan, 2023 | Amount | Angel Round - SoupX | Valuation | Vineeta Singh |
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| Mar, 2022 | Amount | Seed - SoupX | Valuation | Lotus Risk Management |
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| 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 SoupX
SoupX has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Vineeta Singh and Lotus Risk Management. 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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Risk management services are delivered by Lotus Risk Management.
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Founded Year | Domain | Location | |
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VS
Vineeta Singh |
Co-founder of SUGAR Cosmetics, angel investor, and Shark Tank India judge
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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 SoupX
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - SoupX
| 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 |
Soupx Comparisons
Competitors of SoupX
SoupX 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 EatFit, The Kenko Life, Ripsey, InstaDiet and Planto Meals, 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 |
Food ordering services are offered via an internet-first restaurant platform.
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| domain | founded_year | HQ Location |
Provider of personalized meal plans
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| domain | founded_year | HQ Location |
Subscription-based meal plans are provided for fitness goals.
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| domain | founded_year | HQ Location |
Provides a platform for convenient, ready-to-eat dietary meals.
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| domain | founded_year | HQ Location |
Offers on-demand meal delivery services.
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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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Frequently Asked Questions about SoupX
When was SoupX founded?
SoupX was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is SoupX located?
SoupX is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is SoupX a funded company?
SoupX is a funded company, having raised a total of $93.46K across 3 funding rounds to date. The company's 1st funding round was a Seed of $33.06K, raised on Mar 02, 2022.
How many employees does SoupX have?
As of Apr 01, 2024, the latest employee count at SoupX is 1.
What does SoupX do?
SoupX was founded in 2021 in Delhi, India, as an internet-first restaurant focused on healthy meal subscriptions. A range of products including vegan soups, salads, oatmeal, smoothies, sandwiches, and pasta is provided, with customization for preferences such as gluten-free, vegan, protein-rich, and keto diets. Calorie-counted meals, tailored subscription plans, on-demand ordering, and takeaway services are offered through the platform.
Who are the top competitors of SoupX?
SoupX's top competitors include EatFit, Ripsey and The Kenko Life.
Who are SoupX's investors?
SoupX has 2 investors. Key investors include Vineeta Singh, and Lotus Risk Management.
What is SoupX's valuation?
The valuation of SoupX is $325.29K as of Mar 2022.
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