About Storia Foods
Storia Foods is a company based in Mumbai (India) founded in 2016 by Vishal Shah.. Storia Foods has raised $12.79 million across 3 funding rounds from investors including Sixth Sense Ventures, Jagruti S Shah and Ranjan Dilip Shah. The company has 533 employees as of March 30, 2024. Storia Foods operates in a competitive market with competitors including Raw Pressery, Shankar Group, Jagdale, Groovy and B Natural, among others.
- Headquarter Mumbai, India
- Employees 533 as on 30 Mar, 2024
- Founders Vishal Shah
- Stage Minicorn
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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 Storia Foods & Beverages Private Limited
- Date of Incorporation 15 Feb, 2019
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$13.62 M (USD)102.31as on Mar 31, 2023
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Net Profit
$-3.3 M (USD)-34.12as on Mar 31, 2023
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EBITDA
$-3.32 M (USD)-42.61as on Mar 31, 2023
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Total Equity Funding
$12.79 M (USD)
in 3 rounds
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Latest Funding Round
$2.99 M (USD), Series A
Sep 20, 2024
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Investors
Sixth Sense Ventures
& 10 more
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Employee Count
533
as on Mar 30, 2024
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Funding Insights of Storia Foods
Storia Foods has successfully raised a total of $12.79M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.99 million completed in September 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 3
- Last Round Series A — $3.0M
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First Round
First Round
(04 Oct 2021)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series A - Storia Foods | Valuation | Sixth Sense Ventures |
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| Aug, 2022 | Amount | Series A - Storia Foods | Valuation | Sixth Sense Ventures |
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| Oct, 2021 | Amount | Series A - Storia Foods | Valuation | Sixth Sense Ventures |
| 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 Storia Foods
Storia Foods has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Sixth Sense Ventures, Jagruti S Shah and Ranjan Dilip Shah. 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 investing in consumer-focused startups in India.
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Founded Year | Domain | Location | |
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JS
Jagruti S Shah |
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Founded Year | Domain | Location |
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RD
Ranjan Dilip Shah |
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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 Storia Foods
| 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 - Storia Foods
| 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 |
Storia Foods Comparisons
Competitors of Storia Foods
Storia Foods 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 Raw Pressery, Shankar Group, Jagdale, Groovy and B Natural, 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 |
Brand of cold-pressed juices
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| domain | founded_year | HQ Location |
Packaged foods, beverages, and auto parts are produced in India.
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| domain | founded_year | HQ Location |
Diversified company with divisions in pharma, foods, exports, and services.
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| domain | founded_year | HQ Location |
Internet first brand offering cold pressed juices
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| domain | founded_year | HQ Location |
B Natural is engaged in producing fruit-based beverages.
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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 Storia Foods
Frequently Asked Questions about Storia Foods
When was Storia Foods founded?
Storia Foods was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Storia Foods located?
Storia Foods is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Storia Foods a funded company?
Storia Foods is a funded company, having raised a total of $12.79M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Oct 04, 2021.
How many employees does Storia Foods have?
As of Mar 30, 2024, the latest employee count at Storia Foods is 533.
What is the annual revenue of Storia Foods?
Annual revenue of Storia Foods is $13.62M as on Mar 31, 2023.
What does Storia Foods do?
Storia Foods was founded in 2016 in Mumbai, India, by Vishal Shah, who serves as Founder and Managing Director. The company operates within the food and beverage sector, focusing on fruit juices made from natural ingredients. Products are designed to support healthy lifestyles through goodness-filled formulations. Operations are based in India, with the domain storiafoods.com used for online presence.
Who are the top competitors of Storia Foods?
Storia Foods's top competitors include Shankar Group, Raw Pressery and Jagdale.
Who are Storia Foods's investors?
Storia Foods has 11 investors. Key investors include Sixth Sense Ventures, Jagruti S Shah, Ranjan Dilip Shah, Rachana Y Shah, and Mallika J Shah.
What is Storia Foods's valuation?
The valuation of Storia Foods is $22.66M as of Sep 2024.