About Superplum
Superplum is a company based in Delhi (India) founded in 2019 by Shobhit Gupta. It operates as a Direct-to-Consumer (D2C). Superplum has raised $18.8 million across 2 funding rounds from investors including Erik Ragatz, Binny Bansal and Ron Snyder. The company has 69 employees as of April 07, 2024. Superplum offers products and services including Litchi, Mangoes, and Grapes. Superplum operates in a competitive market with competitors including FoodLogiQ, iProcure, Aanika, Agridex and Ucrop.it, among others.
- Headquarter Delhi, India
- Employees 69 as on 07 Apr, 2024
- Founders Shobhit Gupta
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Sectors
Agriculture
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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 Freshcore Provisions India Pvt Ltd
- Date of Incorporation 30 May, 2019
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$1.36 M (USD)55.24as on Mar 31, 2023
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Net Profit
$-2.18 M (USD)-3.98as on Mar 31, 2023
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EBITDA
$-1.95 M (USD)-3.81as on Mar 31, 2023
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Total Equity Funding
$18.8 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series A
May 06, 2024
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Investors
& 7 more
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Employee Count
69
as on Apr 07, 2024
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Products & Services of Superplum
Superplum offers a comprehensive portfolio of products and services, including Litchi, Mangoes, and Grapes. 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.
Litchi is offered as a premium, safe-to-eat fruit.
Mangoes are provided with high quality and freshness.
Grapes are delivered fresh and free of chemicals.
Funding Insights of Superplum
Superplum has successfully raised a total of $18.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in May 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 2
- Last Round Series A — $15.0M
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First Round
First Round
(21 Jun 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series A - Superplum | Valuation | Erik Ragatz |
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| Jun, 2021 | Amount | Seed - Superplum | Valuation | Binny Bansal , Ron Snyder |
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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 Superplum
Superplum has secured backing from 8 investors, including angel investors. Prominent investors backing the company include Erik Ragatz, Binny Bansal and Ron Snyder. 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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ER
Erik Ragatz |
Experienced investor, ex-Groq, active in Indian startup ecosystem
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Founded Year | Domain | Location |
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BB
Binny Bansal |
Co-founder of Flipkart, active angel investor, tech entrepreneur
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Founded Year | Domain | Location |
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RS
Ron Snyder |
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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 Superplum
| 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 - Superplum
| 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 |
Superplum Comparisons
Competitors of Superplum
Superplum 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 FoodLogiQ, iProcure, Aanika, Agridex and Ucrop.it, 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 |
Provider of food traceability and safety solutions for food service chains
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| domain | founded_year | HQ Location |
Data-driven solutions are offered for agricultural supply chain optimization.
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| domain | founded_year | HQ Location |
Traceability solutions for agricultural products are provided using microbial-based tags.
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| domain | founded_year | HQ Location |
SaaS and blockchain-based supply chain platform is provided for agriculture.
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| domain | founded_year | HQ Location |
Blockchain-enabled traceability solutions for crop management are offered.
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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 Superplum
Frequently Asked Questions about Superplum
When was Superplum founded?
Superplum was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Superplum located?
Superplum is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Superplum?
Shobhit Gupta is the current CEO of Superplum. They have also founded this company.
Is Superplum a funded company?
Superplum is a funded company, having raised a total of $18.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.8M, raised on Jun 21, 2021.
How many employees does Superplum have?
As of Apr 07, 2024, the latest employee count at Superplum is 69.
What is the annual revenue of Superplum?
Annual revenue of Superplum is $1.36M as on Mar 31, 2023.
What does Superplum do?
Superplum is involved in building Indias most sophisticated supply chain for high-quality fresh food. The company ensures that consumers are provided with safe-to-eat, fresh fruits while farming partners are given better deals. Innovative refrigerated transportation systems are utilized to maintain fruit freshness, and a connected supply chain is employed to track multiple fruit parameters. Transparency is maintained with both consumers and farmers. Advanced technologies like the Fresherator and Freshmanager are used to control transport conditions and manage farm-level logistics, ensuring quality from farm to consumer across various fruits and regions in India.
Who are the top competitors of Superplum?
What products or services does Superplum offer?
Superplum offers Litchi, Mangoes, and Grapes.
Who are Superplum's investors?
Superplum has 8 investors. Key investors include Erik Ragatz, Binny Bansal, Ron Snyder, Curtis Macnguyen, and Kabir Misra.