About Thrive Now
Thrive Now is a company based in Mumbai (India) founded in 2020. Thrive Now has raised $2.6 million across 4 funding rounds from investors including Coca-Cola, Upekkha and Jubilant FoodWorks. The company has 58 employees as of June 30, 2024. Thrive Now operates in a competitive market with competitors including Toast, Olo, Lunchbox, Zenput and UrbanPiper, among others.
- Headquarter Mumbai, India
- Employees 58 as on 30 Jun, 2024
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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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Annual Revenue
$465.02 K (USD)52as on Mar 31, 2024
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Net Profit
-$1.94 M (USD)-117as on Mar 31, 2024
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EBITDA
-$1.88 M (USD)-118as on Mar 31, 2024
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Total Equity Funding
$2.6 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Coca-Cola
& 4 more
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Employee Count
58
as on Jun 30, 2024
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Funding Insights of Thrive Now
Thrive Now has successfully raised a total of $2.6M across 4 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 4
- Last Round Last Round
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First Round
First Round
(01 Jun 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series A - Thrive Now | Valuation |
investors |
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| Dec, 2021 | Amount | Series A - Thrive Now | Valuation | Jubilant FoodWorks |
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| Nov, 2020 | Amount | Seed - Thrive Now | Valuation | Ahimsa , Whiteboard Capital |
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Investors in Thrive Now
Thrive Now has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Coca-Cola, Upekkha and Jubilant FoodWorks.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Ahimsa Capital is engaged in investment across real estate and hospitality.
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Founded Year | Domain | Location | |
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Investment support is provided to startups by Whiteboard Capital.
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Founded Year | Domain | Location | |
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AI startup acceleration and networking services are offered globally.
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Founded Year | Domain | Location |
Investments & Acquisitions by Thrive Now
Financial Statements - Thrive Now
Thrive Now Comparisons
Competitors of Thrive Now
Thrive Now 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 Toast, Olo, Lunchbox, Zenput and UrbanPiper, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Restaurant operations are managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
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| domain | founded_year | HQ Location |
Online ordering solutions are provided for restaurants.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Delivery channels management software is provided for restaurants.
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| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
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Frequently Asked Questions about Thrive Now
Thrive Now was founded in 2020.
Thrive Now is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Thrive Now is a funded company, having raised a total of $2.6M across 4 funding rounds to date.
As of Jun 30, 2024, the latest employee count at Thrive Now is 58.
Annual revenue of Thrive Now is $465.02K as on Mar 31, 2024.
Thrive was founded in 2020 and is based in Mumbai, India. Operations focus on the food technology sector, where a digital platform is offered for ordering and delivering meals. Services encompass digital menus, marketing tools, delivery fleet management, loyalty programs, feedback mechanisms, and customer analytics. Solutions are delivered through a subscription model to support restaurant operations.
Thrive Now's top competitors include Toast, UrbanPiper and SpotOn.
Thrive Now has 5 investors. Key investors include Coca-Cola, Upekkha, Jubilant FoodWorks, Whiteboard Capital, and Ahimsa Capital.