About SuperK
SuperK is a Retail company based in Visakhapatnam (India) founded in 2019 by Anil Thontepu and Neeraj Menta. Groceries and essentials are sold via a supermarket retail chain. SuperK has raised $29.12 million across 7 funding rounds from investors including Angel List, LetsVenture and Z Nation Lab. The company has 131 employees. SuperK was last valued at $23.24 million in January 2024. Its website superk.in draws about 21 thousand monthly visits. Its Indian entity Localbuy Technologies Private Limited reported revenue of ₹96.33 Cr. Its focus areas include Consumer Goods, Retail Chains, Horizontal and Supermarkets.
Company details
SuperK was founded in 2019 in Visakhapatnam, India, as a retail chain focused on supermarkets. Operations encompass site selection assistance, franchise training, marketing support, technology integration, supply chain management, retail operations support, and inventory management. Online grocery delivery is also provided. Partnerships with entrepreneurs are maintained to support enterprise components alongside public sales of groceries and essentials.
- Headquarters Visakhapatnam, India
- Employees 131
- Founders Anil Thontepu, Neeraj Menta
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website superk.in
- Social LinkedIn X Facebook
- Legal Name Localbuy Technologies Private Limited
- Date of Incorporation 24 Oct, 2019
- Jurisdiction Kurmannapalem, Andhra Pradesh, India
- Annual Revenue₹96.33 Cr
FY 2025 · +14% YoY
- Net Loss-₹21.06 Cr
FY 2025 · -22% margin
- EBITDA-₹20.28 Cr
FY 2025 · -21% margin
- Total Equity Funding$29.12M (USD)
in 7 rounds
- Latest Funding Round$12M (USD), Series B
Jul 2025
- InvestorsAngel List
& 64 more
- Employee Count131
Associated legal entities of SuperK
SuperK operates through Localbuy Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Localbuy Technologies Private Limited CIN U52590AP2019PTC113200 | Active | 24 Oct 2019 | Kurmannapalem, Andhra Pradesh | ₹96.3 Cr | 131 | 3 | View details |
Funding Insights of SuperK
SuperK has successfully raised a total of $29.12M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in July 2025. 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 $29.12M
- Total Rounds 7
- Last Round Series B — $12M
- First Round $321,307
(Jan 2020)
- Investors Count 65
All 7 funding rounds of SuperK with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2025 | $12M | Series B | – | 3 state ventures | |
| Mar 2024 | $88,792 | Seed | – | – | |
| Jan 2024 | $6M | Series A | $23.24M | Blume Ventures | |
| Mar 2022 | $5.5M | Seed | – | Saikiran Krishnamurthy, Ashish Kacholia | |
| Nov 2021 | $4.7M | Seed | $19.36M | STRIVE, 021 Capital | |
| May 2020 | $507,728 | Seed | $••••• | STRIVE | |
| Jan 2020 | $321,307 | Seed | $••••• | SoftSol, What's Cooking Solutions LLP |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2024 | $23.24M | •••••••• |
| Nov 2021 | $19.36M | •••••••• |
| May 2020 | $••••• | •••••••• |
| Jan 2020 | $••••• | •••••••• |
Full valuation and stage history of SuperK
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $23.24M (Jan 2024). 65 investors in total: 27 institutional and 38 angel.
Investors in SuperK
SuperK has secured backing from 65 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, LetsVenture and Z Nation Lab.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage investments are made across sectors in India. | blume.vc | Mumbai, India | ||
Venture capital fund | silverneedle.vc | Hyderabad, India | ||
Venture capital investments and guidance for early-stage startups in technology and ecommerce sectors. | 2023 | veltiscapital.com | Mumbai, India | |
A micro VC fund is operated for Indian School of Business alumni startups, offering early-stage capital and network-driven support. | atriumangels.com | |||
Startup accelerator | 2016 | znationlab.com | Cupertino, United States | |
Investment in tech startups focusing on innovation and emerging trends in India. | 2018 | siriusone.vc | Chennai, India | |
Venture capital fund investing across multiple sectors | Delhi, India | |||
Startup acceleration, funding, and mentorship services are delivered by India Accelerator. | 2017 | indiaaccelerator.co | Gurugram, India | |
Startups are matched with investors via an online investment platform. | 2021 | invstt.com | Mumbai, India |
Investor details for SuperK
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Localbuy Technologies Private Limited (SuperK)
Localbuy Technologies Private Limited is the primary company behind SuperK. The board of Localbuy Technologies Private Limited currently have 3 directors; the longest-serving is Neeraj Menta, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Neeraj Menta DIN 07159216 | Director | 24 Oct 2019 | 7 yrs | Localbuy Technologies Private Limited |
| Anil Thontepu Naga Purushothama DIN 07334831 | Director | 24 Oct 2019 | 7 yrs | Localbuy Technologies Private Limited |
| Sailesh Tulshan DIN 07309300 | Director | 15 Jun 2022 | 4 yrs 5 mo | Localbuy Technologies Private Limited |
People of SuperK
14 people are tracked at SuperK (2 in leadership, 12 in team); the tracked headcount is 131.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Karthik Naluvala | Franschise Aquisition | Team |
Koushal Gada | Unknown Role | Team |
K Venkata Subbaiah | Unknown Role | Team |
B Praveen Kumar | Unknown Role | Team |
Prajwal Koteshwar | Private Label | Team |
Udit Vashist | Category | Team |
Yasaswi Kaza | Core Team | Team |
Chandra Rao Bolleddu | Unknown Role | Team |
Diwakar | Unknown Role | Team |
Sarat Chandra | Growth And Expansion | Team |
Kalamalla Nagarjuna | Unknown Role | Team |
Naveen Thontepu | Core Team Member | Team |
Complete people profiles for SuperK
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of SuperK
Figures of Localbuy Technologies Private Limited, the primary company behind SuperK, for FY 2025. Revenue was ₹96.33 Cr (+14% year on year). Net loss was -₹21.06 Cr (-22% margin). EBITDA was -₹20.28 Cr (-21% margin). Revenue has grown at a compounded annual rate of +71% over three years and +200% over five years.
- ₹96.33 CrRevenue · FY 2025 · +14% YoY
- -₹21.06 CrNet loss · -22% margin
- -₹20.28 CrEBITDA · -21% margin
- ₹12.3 LakhPaid-up capital
- 131Employees (provident fund records)
- +71%Revenue CAGR, 3 years
- +200%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Localbuy Technologies Private Limited are on its company page.
Detailed financial statements for SuperK
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of SuperK
4 dated milestones of SuperK across 6 years, from founding to its latest funding, stage changes and deals.
- Founded SuperK is founded.
- Funding First funding round of $321K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $12.0M.
Web traffic of SuperK
The website of SuperK (superk.in) receives about 20.9K visits a month.
- Monthly visits20.9K
▼ 13.8% vs previous month
Top companies in Retail Stores & Chains
2 companies that operate in the same segment as SuperK (Retail Stores & Chains) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform offering a wide range of baby, kids, and maternity products | 2010 | Pune, Maharashtra, India | USD 513.39 M | USD 911.07 M | 3,752 | |
Multi-format offline retail is operated in India. | 1997 | Mumbai, Maharashtra, India | USD 3.41 B | USD 280.87 K | 32 |
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Related news about Superk
Complete news archive for SuperK
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Frequently Asked Questions about SuperK
SuperK was founded in 2019 and raised its 1st funding round 1 year after it was founded.
SuperK is headquartered in Visakhapatnam, India. It is registered at Visakhapatnam, Andhra Pradesh, India.
SuperK is a funded company, having raised a total of $29.12M across 7 funding rounds to date. The company's 1st funding round was a Seed of $321.31K, raised on Jan 2020.
SuperK has 131 employees.
The primary company behind SuperK, Localbuy Technologies Private Limited, reported revenue of ₹96.33 Cr for FY 2025, up 14% year on year.
SuperK was founded in 2019 in Visakhapatnam, India, as a retail chain focused on supermarkets. Operations encompass site selection assistance, franchise training, marketing support, technology integration, supply chain management, retail operations support, and inventory management. Online grocery delivery is also provided. Partnerships with entrepreneurs are maintained to support enterprise components alongside public sales of groceries and essentials.
SuperK has 65 investors. Key investors include Angel List, LetsVenture, Z Nation Lab, Invstt, and India Accelerator.
The valuation of SuperK is $23.24M as of Jan 2024.
SuperK operates through Localbuy Technologies Private Limited.
The legal entities of SuperK currently have 3 directors, including Neeraj Menta, Sailesh Tulshan, Anil Thontepu Naga Purushothama.