About Thrive Now
Thrive Now is a Consumer company based in Mumbai (India) founded in 2020. It operates as an a platform for food ordering and delivery is provided. 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. Its website thrivenow.in draws about 13 thousand monthly visits. Its Indian entity Hashtag Loyalty Private Limited reported revenue of ₹3.85 Cr. Its focus areas include Food and Agriculture Tech, Food Tech, Technology Enablers and Restaurants. Its competitors include Toast, Olo, Lunchbox, Zenput and UrbanPiper and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 58
- SectorsConsumer
- Email••••••••
- Website thrivenow.in
- Social LinkedIn X
- Legal Name Hashtag Loyalty Private Limited
- Date of Incorporation 14 May, 2016
- Annual Revenue₹3.85 Cr
FY 2024 · +52% YoY
- Net Loss-₹16.04 Cr
FY 2024 · -417% margin
- EBITDA-₹15.59 Cr
FY 2024 · -405% margin
- Total Equity Funding$2.6M (USD)
in 4 rounds
- InvestorsCoca-Cola
& 4 more
- Employee Count58
Associated legal entities of Thrive Now
Thrive Now operates through Hashtag Loyalty Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hashtag Loyalty Private Limited CIN U63999MH2016PTC281091 | Active | 14 May 2016 | Mumbai, Maharashtra | ₹3.8 Cr | 50 | 3 | View details |
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 $2.6M
- Total Rounds 4
- First Round $100,000
(Jun 2020)
- Investors Count 5
All 4 funding rounds of Thrive Now 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 |
|---|---|---|---|---|---|
| Apr 2023 | – | Series A | – | – | |
| Dec 2021 | $2.5M | Series A | – | Jubilant FoodWorks | – |
| Nov 2020 | – | Seed | – | Ahimsa, Whiteboard Capital | – |
| Jun 2020 | $100,000 | Seed | – | – |
5 investors in total: 5 institutional.
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 |
|---|---|---|---|---|
Ahimsa Capital is engaged in investment across real estate and hospitality. | – | ahimsa.capital | New York, United States | |
Investment support is provided to startups by Whiteboard Capital. | 2017 | whiteboardcap.com | Mumbai, India | |
AI startup acceleration and networking services are offered globally. | 2017 | upekkha.io | Bengaluru, India | |
Multi-category beverage products are manufactured and distributed worldwide. | 1886 | coca-cola.com | Atlanta, United States | |
Operator of restaurant franchise | 1995 | jubilantfoodworks.com | Noida, India |
Investor details for Thrive Now
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Board of directors of Hashtag Loyalty Private Limited (Thrive Now)
Hashtag Loyalty Private Limited is the primary company behind Thrive Now. The board of Hashtag Loyalty Private Limited currently have 3 directors; the longest-serving is Krishi Kamal Fagwani, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishi Kamal Fagwani DIN 07451084 | Director | 14 May 2016 | 10 yrs 5 mo | Hashtag Loyalty Private Limited |
| Karan Arun Chechani DIN 07448642 | Director | 14 May 2016 | 10 yrs 5 mo | Hashtag Loyalty Private Limited |
| Dhruv Dewan DIN 07448619 | Director | 14 May 2016 | 10 yrs 5 mo | Hashtag Loyalty Private Limited |
Financials of Thrive Now
Figures of Hashtag Loyalty Private Limited, the primary company behind Thrive Now, for FY 2024. Revenue was ₹3.85 Cr (+52% year on year). Net loss was -₹16.04 Cr (-417% margin). EBITDA was -₹15.59 Cr (-405% margin).
- ₹3.85 CrRevenue · FY 2024 · +52% YoY
- -₹16.04 CrNet loss · -417% margin
- -₹15.59 CrEBITDA · -405% margin
- ₹6.1 LakhPaid-up capital
- 50Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Hashtag Loyalty Private Limited are on its company page.
Detailed financial statements for Thrive Now
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Thrive Now
3 dated milestones of Thrive Now across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Thrive Now is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Series A,.
Competitors of Thrive Now
Thrive Now has 9 listed competitors in our database, 9 of them funded. They include Toast, Olo, Lunchbox, Zenput and UrbanPiper, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pos.toasttab.com | 2011 | Boston, United States | $900M | 5,700 | Restaurant operations are managed via a cloud-based platform. | |
| olo.com | 2005 | New York, United States | $73.61M | 39 | Olo is recognized as a restaurant technology platform provider. | |
| lunchbox.io | 2019 | New York, United States | $72.06M | – | Online ordering solutions are provided for restaurants. | |
| zenput.com | 2011 | San Francisco, United States | $43.82M | 71 | Zenput is utilized as an operations execution platform for multi-unit operators. | |
| urbanpiper.com | 2015 | Bengaluru, India | $32.32M | 165 | Delivery channels management software is provided for restaurants. | |
| tillster.com | 2006 | San Diego, United States | $154.82M | – | SaaS solutions for restaurant online ordering and analytics are offered. | |
| spoton.com | 1999 | San Francisco, United States | $900M | 1,355 | Provider of cloud-based POS software solutions for businesses and service providers | |
| touchbistro.com | 2010 | Toronto, Canada | $320.85M | – | SaaS software for restaurant payments and order management is provided. | |
| deliverect.com | 2018 | Ghent, Belgium | $332M | 80 | SaaS-based online ordering solutions are provided for restaurants. |
Detailed competitors of Thrive Now
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Thrive Now
The website of Thrive Now (thrivenow.in) receives about 13.2K visits a month.
- Monthly visits13.2K
▲ 20.2% vs previous month
Websites whose visitors overlap most with Thrive Now. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| thechinesewok.com | 100% | 31.9K | #1,205,076 | View details | |
| apsaraicecreams.com | 95% | 14.5K | #1,798,025 | View details | |
| thebombaycanteen.com | 94% | 17.4K | #1,407,636 | View details | |
| fooddy.in | 93% | 60.5K | #472,525 | View details | |
copperchimney.in | copperchimney.in | 90% | – | #1,415,671 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Thrive Now
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- Audience overlap
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Top companies in Food & Beverage Platforms
10 companies that operate in the same segment as Thrive Now (Food & Beverage Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 6,903 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | 15,437 | |
Food and market delivery services are provided by iFood. | 2011 | Sao Paulo, Brazil | USD 592.4 M | – | 16,949 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 | |
Rides and deliveries are facilitated via a mobile app platform. | 2012 | Dubai, Dubai, United Arab Emirates | USD 771.7 M | – | 6,360 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Related news about Thrive Now
Complete news archive for Thrive Now
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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. The company's 1st funding round was a Seed of $100K, raised on Jun 2020.
Thrive Now has 58 employees.
The primary company behind Thrive Now, Hashtag Loyalty Private Limited, reported revenue of ₹3.85 Cr for FY 2024, up 52% year on year.
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.
Thrive Now operates through Hashtag Loyalty Private Limited.
The legal entities of Thrive Now currently have 3 directors, including Krishi Kamal Fagwani, Karan Arun Chechani, Dhruv Dewan.