About The Healthy Cravings
The Healthy Cravings was a Consumer company based in Mumbai (India) founded in 2018 by Devesh Varshney. A brand specializing in nutritious and healthy snack options. It operates on a B2C model. The Healthy Cravings has raised $930.13 thousand across 5 funding rounds from investors including Angel List, Wellfound and Patni Financial Advisors. The company has 4 employees. The Healthy Cravings was last valued at $2.78 million in March 2021. Its chief executive, as recorded, is Devesh Varshney. Its Indian entity Flavaco Snackery Private Limited reported revenue of ₹21.9 Lakh. The company is recorded as dissolved. Its focus areas include Food and Beverage, Consumer Goods, Snacks and Healthy Products. Its competitors include Snakaro and Lift-foods.
Company details
The Healthy Cravings, founded in 2018 in Mumbai, India, focuses on food and beverage, producing consumer products, snacks, and healthy products. A brand specializing in nutritious and healthy snack options. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mumbai, India
- Employees 4
- Founders Devesh Varshney
- Stage Minicorn
- SectorsConsumer
- Website healthycravingsco.com
- Social X Facebook
- Legal Name Flavaco Snackery Private Limited
- Date of Incorporation 12 Sep, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹21.9 Lakh
FY 2022 · -86% YoY
- Net Loss-₹19.5 Lakh
FY 2022 · -89% margin
- EBITDA-₹18.6 Lakh
FY 2022 · -85% margin
- Total Equity Funding$930.13K (USD)
in 5 rounds
- Latest Funding Round$31.34K (USD), Angel Round
Mar 2021
- InvestorsAngel List
& 28 more
- Employee Count4
Associated legal entities of The Healthy Cravings
The Healthy Cravings operates through Flavaco Snackery Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Flavaco Snackery Private Limited CIN U15100MH2017PTC299651 | Active | 12 Sep 2017 | Mumbai, Maharashtra | ₹0.2 Cr | 4 | 2 | View details |
Funding Insights of The Healthy Cravings
The Healthy Cravings has successfully raised a total of $930.13K across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $31.34 thousand completed in March 2021. 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 $930,132
- Total Rounds 5
- Last Round Angel Round — $31,340
- First Round $56,794
(Aug 2018)
- Investors Count 29
All 5 funding rounds of The Healthy Cravings 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 |
|---|---|---|---|---|---|
| Mar 2021 | $31,340 | Angel Round | $2.78M | Chandan Chheda, Rohit Nitin Joshi | |
| Apr 2020 | $205,514 | Seed | $6.76M | Patni Financial Advisors | |
| Oct 2019 | $382,458 | Seed | $••••• | Patni Financial Advisors | |
| Feb 2019 | $254,026 | Seed | $••••• | Wellfound | |
| Aug 2018 | $56,794 | Angel Round | $••••• | Nitin Jagga |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2021 | $2.78M | •••••••• |
| Apr 2020 | $6.76M | •••••••• |
| Oct 2019 | $••••• | •••••••• |
| Feb 2019 | $••••• | •••••••• |
Full valuation and stage history of The Healthy Cravings
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $2.78M (Mar 2021). 29 investors in total: 4 institutional and 25 angel.
Investors in The Healthy Cravings
The Healthy Cravings has secured backing from 29 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Angel List, Wellfound and Patni Financial Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A newsletter on building, scaling, and investing in technology businesses in India. | luminaire.capital | Mumbai, India | ||
Diversified investment management firm | 2005 | patniadvisors.com | Mumbai, India | |
Startup jobs are connected to individuals via a dedicated platform. | 2013 | wellfound.com | New York, United States | |
Alternative investment platform for startups and investors is operated. | 2010 | angellist.com | San Francisco, United States | |
AG Aditya Gupta | Co-founder of ClearTax, active angel investor in Indian startups | unknown_bdf89102647246e19 | ||
SA Saad Ahmed | Angel investor and entrepreneur, co-founder of Spyne, focused on tech startups | unknown_0d1dc6c73d054a7d9 | ||
CC Chandan Chheda | unknown_9e0e96be093f42339 | |||
CG Chanakya Gupta | unknown_5784d430f4214ca2a | |||
RN Rohit Nitin Joshi | Angel investor and entrepreneur, co-founder of Bumper, focused on fintech innovations. | unknown_81ac51bd04e0498da | ||
VA Varun Agarwal | Co-founder of Aspiring Minds, author, filmmaker, and active angel investor | unknown_7f76f41409434ac8b |
Investor details for The Healthy Cravings
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Board of directors of Flavaco Snackery Private Limited (The Healthy Cravings)
Flavaco Snackery Private Limited is the primary company behind The Healthy Cravings. The board of Flavaco Snackery Private Limited currently have 2 directors; the longest-serving is Gunjan Sanjay Chheda, appointed in 2024. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gunjan Sanjay Chheda DIN 09539170 | Additional Director | 10 Apr 2024 | 2 yrs 6 mo | Flavaco Snackery Private Limited |
| Chandan Sanjay Chheda DIN 10606860 | Director | 15 Jan 2026 | 9 mo | Flavaco Snackery Private Limited |
People of The Healthy Cravings
1 people are tracked at The Healthy Cravings (1 in leadership); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for The Healthy Cravings
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Verified entity values are shown only after access is granted.
Financials of The Healthy Cravings
Figures of Flavaco Snackery Private Limited, the primary company behind The Healthy Cravings, for FY 2022. Revenue was ₹21.9 Lakh (-86% year on year). Net loss was -₹19.5 Lakh (-89% margin). EBITDA was -₹18.6 Lakh (-85% margin). Revenue has grown at a compounded annual rate of -10% over three years.
- ₹21.9 LakhRevenue · FY 2022 · -86% YoY
- -₹19.5 LakhNet loss · -89% margin
- -₹18.6 LakhEBITDA · -85% margin
- ₹1.5 LakhPaid-up capital
- 4Employees (provident fund records)
- -10%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Flavaco Snackery Private Limited are on its company page.
Detailed financial statements for The Healthy Cravings
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of The Healthy Cravings
4 dated milestones of The Healthy Cravings across 3 years, from founding to its latest funding, stage changes and deals.
- Founded The Healthy Cravings is founded.
- Funding First funding round of $57K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $31K.
Competitors of The Healthy Cravings
The Healthy Cravings has 2 listed competitors in our database. They include Snakaro and Lift-foods.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| snakaro.com | 2021 | Mumbai, India | Runs a direct-to-consumer brand offering high-quality snacks. | |||
| lift-foods.com | 2021 | Pune, India | Operates a direct-to-consumer brand offering healthy snacks. |
Detailed competitors of The Healthy Cravings
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Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as The Healthy Cravings (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 |
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Related news about The Healthy Cravings
Complete news archive for The Healthy Cravings
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Frequently Asked Questions about The Healthy Cravings
The Healthy Cravings was founded in 2018.
The Healthy Cravings is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Devesh Varshney is the CEO of The Healthy Cravings, as recorded in our data. They have also founded this company.
The Healthy Cravings is a funded company, having raised a total of $930.13K across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $56.79K, raised on Aug 2018.
The Healthy Cravings has 4 employees.
The primary company behind The Healthy Cravings, Flavaco Snackery Private Limited, reported revenue of ₹21.9 Lakh for FY 2022, down 86% year on year.
The Healthy Cravings, founded in 2018 in Mumbai, India, focuses on food and beverage, producing consumer products, snacks, and healthy products. A brand specializing in nutritious and healthy snack options. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
The Healthy Cravings's top competitors include Snakaro and Lift-foods.
The Healthy Cravings has 29 investors. Key investors include Angel List, Wellfound, Patni Financial Advisors, Luminaire Capital, and Aditya Gupta.
The valuation of The Healthy Cravings is $2.78M as of Mar 2021.
The Healthy Cravings operates through Flavaco Snackery Private Limited.
The legal entities of The Healthy Cravings currently have 2 directors, including Gunjan Sanjay Chheda, Chandan Sanjay Chheda.