Spice Story

Mumbai, India Founded: 2019 • Age: 7 yrs
Manufacturer of authentic Indian spice blends and chutneys
Annual revenue $169,508 Latest available
Total funding $1.2M 7 rounds
Employees - Tracked headcount
Investors 57 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Spice Story

Spice Story is a company based in Mumbai (India) founded in 2019 by Gayatri Gogate, Vibhor Rastogi, and Soumyadeep Mukherjee. Spice Story has raised $1.15 million across 7 funding rounds from investors including Venture Catalysts, LetsVenture and Sat Industries. Spice Story offers products and services including Mumbai Pav Bhaji Masala, Shahi Biryani Masala, Shahi Garam Masala, Spice Story Must Have Spice Trio, and Spice Story India Combo. Spice Story operates in a competitive market with competitors including Iyurved, Happy Jars, Honey and Spice, Kalchi and Funtrip, among others.

  • Headquarter Mumbai, India
  • Founders Gayatri Gogate, Vibhor Rastogi, Soumyadeep Mukherjee
  • Stage Minicorn
  • Sectors
    Consumer
    Retail
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Globalvalue Food And Condiments Private Limited
  • Date of Incorporation 19 Jul, 2019
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $169.51 K (USD)
    0
    as on Mar 31, 2021
  • Net Profit
    -$87.45 K (USD)
    -15025.16
    as on Mar 31, 2021
  • EBITDA
    -$85.05 K (USD)
    -14610.1
    as on Mar 31, 2021
  • Total Equity Funding
    $1.15 M (USD)

    in 7 rounds

  • Latest Funding Round
    $153.67 K (USD), Angel Round

    Mar 06, 2023

  • Investors
  • Employee Count
    Not available
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Products & Services of Spice Story

Spice Story offers a comprehensive portfolio of products and services, including Mumbai Pav Bhaji Masala, Shahi Biryani Masala, Shahi Garam Masala, Spice Story Must Have Spice Trio, and Spice Story India Combo.

Product name locked
Category locked
Primary

Spice mix for preparing traditional Pav Bhaji dish

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Masala for authentic Biryani preparation

Product name locked
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Blend of spices for general Indian cooking

Product name locked
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Set of essential spices for everyday use

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Pack of Indian spices for varied recipes

Funding Insights of Spice Story

Spice Story has successfully raised a total of $1.15M across 7 strategic funding rounds. The most recent funding activity was a Angel Round of $153.67 thousand completed in March 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.

Investors in Spice Story

Spice Story has secured backing from 57 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Venture Catalysts, LetsVenture and Sat Industries.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Financial services platform offering asset management, wealth management, and private equity in India.
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Association focused on investment consulting and guidance for investors
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Venture capital funding is provided to multiple sectors by Maxar.vc.
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Investor details for Spice Story

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by Spice Story

Investments
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Investment portfolio details for Spice Story

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  • Transaction dates
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Financial Statements - Spice Story

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Detailed financials for Spice Story

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  • Profit trends
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Spice Story Comparisons

Spice Story Primary company
Description
Manufacturer of authentic Indian spice blends and chutneys
Location
Mumbai, India
Founded Year
2019
Annual Revenue
$169.51 K (USD)
Net Profit
-$87.45 K (USD)
EBITDA
-$85.05 K (USD)
Employees
Not available
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Peer comparison for Spice Story

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Competitors of Spice Story

Spice Story 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 Iyurved, Happy Jars, Honey and Spice, Kalchi and Funtrip, among others.

Company Name Domain Founded year HQ Location Description
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Offers natural supplements for kids' speech, focus, and gut health through online sales.
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Brand of peanut butter
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Provider of premium organic raw honey and gourmet food products
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Manufacturer and supplier of food products
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Produces and supplies sauces, mayonnaise, and other food items.
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Detailed competitors of Spice Story

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Latest news on Spice Story

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Complete news archive for Spice Story

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Frequently Asked Questions about Spice Story

Spice Story was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Spice Story is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Soumyadeep Mukherjee is the current CEO of Spice Story. They have also founded this company.

Spice Story is a funded company, having raised a total of $1.15M across 7 funding rounds to date.

Annual revenue of Spice Story is $169.51K as on Mar 31, 2021.

Spice Story was founded in 2019 in Mumbai, India, within the food manufacturing sector. A range of spice blends for Indian dishes and various chutneys is produced through handcrafted processes with high-quality ingredients. Operations emphasize traditional recipes to deliver authentic flavors. Products are designed for convenient use in preparing Indian cuisine, with quality standards upheld across all offerings.

Spice Story's top competitors include Kalchi, Happy Jars and Honey and Spice.

Spice Story offers Mumbai Pav Bhaji Masala, Shahi Biryani Masala, Shahi Garam Masala, Spice Story Must Have Spice Trio, and Spice Story India Combo.

Spice Story has 57 investors. Key investors include Venture Catalysts, LetsVenture, Sat Industries, Ventureland Asia, and Agility Ventures.

The valuation of Spice Story is $3.21M as of Mar 2023.

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