About The Whole Truth Foods
The Whole Truth Foods is a company based in Mumbai (India) founded in 2019 by Rachna Aggarwal and Shashank Mehta.. The Whole Truth Foods has raised $37.6 million across 7 funding rounds from investors including Peak XV Partners, Exos Ventures and Sofina. The company has 168 employees as of March 31, 2025. The Whole Truth Foods operates in a competitive market with competitors including OZiva, Plix, Wellbeing Nutrition, Max Protein and Foodstrong, among others.
- Headquarter Mumbai, India
- Employees 168 as on 31 Mar, 2025
- Founders Rachna Aggarwal, Shashank Mehta
- Stage Minicorn
-
Sectors
ConsumerRetail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Fitshit Health Solutions Private Limited
- Date of Incorporation 27 May, 2019
- Jurisdiction Mumbai, Maharashtra, India
-
Annual Revenue
$4.41 M (USD)116.79as on Mar 31, 2023
-
Net Profit
$-4.27 M (USD)-156.66as on Mar 31, 2023
-
EBITDA
$-4.05 M (USD)-146.68as on Mar 31, 2023
-
Total Equity Funding
$37.6 M (USD)
in 7 rounds
-
Latest Funding Round
-
Investors
Peak XV Partners
& 34 more
-
Employee Count
168
as on Mar 31, 2025
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of The Whole Truth Foods
The Whole Truth Foods has successfully raised a total of $37.6M across 7 strategic funding rounds. 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 7
- Last Round Last Round
-
First Round
First Round
(17 Sep 2019)
- Investors Count 35
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2026 | Amount | Series D - The Whole Truth Foods | Valuation | Sofina , Sauce | |
| Feb, 2025 | Amount | Series C - The Whole Truth Foods | Valuation | Sofina | |
| Dec, 2022 | Amount | Series B - The Whole Truth Foods | Valuation | Peak XV Partners , Z47 |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in The Whole Truth Foods
The Whole Truth Foods has secured backing from 35 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Peak XV Partners, Exos Ventures and Sofina. 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 |
|---|---|---|---|---|
|
Venture capital firm investing in startups and providing support programs.
|
Founded Year | Domain | Location | |
|
Venture capital investments are provided by Sofina to emerging companies.
|
Founded Year | Domain | Location | |
|
Venture capital fund investing in early-stage consumer brand sectors
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by The Whole Truth Foods
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - The Whole Truth Foods
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Whole Truth Foods Comparisons
Competitors of The Whole Truth Foods
The Whole Truth 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 OZiva, Plix, Wellbeing Nutrition, Max Protein and Foodstrong, 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 |
Nutritional food and health supplements are provided by OZiva.
|
|
| domain | founded_year | HQ Location |
Nutritional supplements are offered online by Plix using plant-based ingredients.
|
|
| domain | founded_year | HQ Location |
Organic whole-food nutritional supplements are provided for health benefits.
|
|
| domain | founded_year | HQ Location |
Protein-based healthy snacks are offered through online retail.
|
|
| domain | founded_year | HQ Location |
Whey proteins, plant proteins, and protein-based food mixes are retailed.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on The Whole Truth Foods
Frequently Asked Questions about The Whole Truth Foods
When was The Whole Truth Foods founded?
The Whole Truth Foods was founded in 2019.
Where is The Whole Truth Foods located?
The Whole Truth Foods is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of The Whole Truth Foods?
Shashank Mehta is the current CEO of The Whole Truth Foods. They have also founded this company.
Is The Whole Truth Foods a funded company?
The Whole Truth Foods is a funded company, having raised a total of $37.6M across 7 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Sep 17, 2019.
How many employees does The Whole Truth Foods have?
As of Mar 31, 2025, the latest employee count at The Whole Truth Foods is 168.
What is the annual revenue of The Whole Truth Foods?
Annual revenue of The Whole Truth Foods is $4.41M as on Mar 31, 2023.
What does The Whole Truth Foods do?
The Whole Truth Foods was founded in 2019 and is based in Mumbai, India. An online platform is maintained to distribute packaged food items produced with natural ingredients. Ready-to-eat products such as snacks, protein bars, cereals, and spreads are supplied, targeting consumers interested in convenient meal alternatives within the health-focused food sector. Operations focus on direct-to-consumer sales via the digital domain.
Who are the top competitors of The Whole Truth Foods?
The Whole Truth Foods's top competitors include OZiva, Plix and Max Protein.
Who are The Whole Truth Foods's investors?
The Whole Truth Foods has 35 investors. Key investors include Peak XV Partners, Exos Ventures, Sofina, Sauce, and Z47.
What is The Whole Truth Foods's valuation?
The valuation of The Whole Truth Foods is $246.46M as of Feb 2025.