About Tipplr
Tipplr is a Consumer company based in Bengaluru (India) founded in 2020 by Srinivas Jayaram and Goverdhan M D. Food discounts and deliveries are enabled via mobile platform. Tipplr has raised $349.62 thousand across 3 funding rounds from investors including Mathew Varkey, Gautam Basapa Dodamani and Rajesh Kumar Jogi. The company has 1 employees. Tipplr was last valued at $3.43 million in July 2022. Its chief executive, as recorded, is Goverdhan M D. Its Indian entity Food Space Technology Private Limited reported revenue of ₹1.48 Cr. Its focus areas include Food and Agriculture Tech, Food Tech, Food Discovery and Ordering and Restaurant Aggregator. Its competitors include Zomato, Swiggy and EatSure; 3 of its 3 listed competitors have raised funding.
Company details
Tipplr was founded in 2020 in Bengaluru, India, within the food and beverage sector. A platform is operated that allows discovery of nearby restaurants, online food ordering, home delivery, and table bookings at eateries and takeaways. Mobile applications are provided for Android and iOS devices to support these services across urban locations.
- Headquarters Bengaluru, India
- Employees 1
- Founders Srinivas Jayaram, Goverdhan M D
- Stage Minicorn
- SectorsConsumer
- Website tipplr.in
- Social LinkedIn X Facebook
- Legal Name Food Space Technology Private Limited
- Date of Incorporation 05 Aug, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.48 Cr
FY 2024 · +524% YoY
- Net Loss-₹1.75 Cr
FY 2024 · -118% margin
- EBITDA-₹1.73 Cr
FY 2024 · -117% margin
- Total Equity Funding$349.62K (USD)
in 3 rounds
- Latest Funding Round$120.9K (USD), Angel Round
Jul 2022
- Employee Count1
Associated legal entities of Tipplr
Tipplr operates through Food Space Technology 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 |
|---|---|---|---|---|---|---|---|
| Food Space Technology Private Limited CIN U74999KA2020PTC136889 | Active | 05 Aug 2020 | Bangalore, Karnataka | ₹1.5 Cr | 4 | View details |
Funding Insights of Tipplr
Tipplr has successfully raised a total of $349.62K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $120.9 thousand completed in July 2022. 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 $349,624
- Total Rounds 3
- Last Round Angel Round — $120,899
- First Round $97,718
(Nov 2020)
- Investors Count 3
All 3 funding rounds of Tipplr 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 |
|---|---|---|---|---|---|
| Jul 2022 | $120,899 | Angel Round | $3.43M | Mathew Varkey | – |
| Jun 2021 | $131,007 | Angel Round | $591,896 | Mathew Varkey, Gautam Basapa Dodamani | – |
| Nov 2020 | $97,718 | Angel Round | $••••• | Mathew Varkey | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2022 | $3.43M | •••••••• |
Last known valuation $3.43M (Jul 2022). 3 investors in total: 0 institutional and 3 angel.
Investors in Tipplr
Tipplr has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Mathew Varkey, Gautam Basapa Dodamani and Rajesh Kumar Jogi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MV Mathew Varkey | unknown_bdf44282bc77411ea | |||
GB Gautam Basapa Dodamani | unknown_e05a6643604c490aa | |||
RK Rajesh Kumar Jogi | unknown_16de0164f4434fdf8 |
Investor details for Tipplr
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Food Space Technology Private Limited (Tipplr)
Food Space Technology Private Limited is the primary company behind Tipplr. The board of Food Space Technology Private Limited currently have 4 directors; the longest-serving is Goverdhan Mandyam Doddamane, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Goverdhan Mandyam Doddamane DIN 08171615 | Director | 05 Aug 2020 | 6 yrs 3 mo | Food Space Technology Private Limited |
| Srinivas Jayaram DIN 06999038 | Director | 05 Aug 2020 | 6 yrs 3 mo | Food Space Technology Private Limited |
| Mathew Varkey DIN 05151685 | Director | 14 Oct 2021 | 5 yrs | Food Space Technology Private Limited |
| Rajesh Jogi Kumar DIN 03341036 | Director | 27 Apr 2023 | 3 yrs 6 mo | Food Space Technology Private Limited |
People of Tipplr
2 people are tracked at Tipplr (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Goverdhan M D | Co-Founder & CEO | Leadership |
Complete people profiles for Tipplr
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Tipplr
Figures of Food Space Technology Private Limited, the primary company behind Tipplr, for FY 2024. Revenue was ₹1.48 Cr (+524% year on year). Net loss was -₹1.75 Cr (-118% margin). EBITDA was -₹1.73 Cr (-117% margin). Revenue has grown at a compounded annual rate of +227% over three years.
- ₹1.48 CrRevenue · FY 2024 · +524% YoY
- -₹1.75 CrNet loss · -118% margin
- -₹1.73 CrEBITDA · -117% margin
- ₹1.9 LakhPaid-up capital
- +227%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Food Space Technology Private Limited are on its company page.
Detailed financial statements for Tipplr
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Tipplr
4 dated milestones of Tipplr across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Tipplr is founded.
- Funding First funding round of $98K.
- Funding Latest funding round, Angel Round, of $121K.
- Milestone Reaches Minicorn status.
Competitors of Tipplr
Tipplr has 3 listed competitors in our database, 3 of them funded. They include Zomato, Swiggy and EatSure.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zomato.com | 2008 | Gurugram, India | $1.69B | 7,335 | Online platform food ordering and delivery service | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. | |
| eatsure.com | 2011 | Pune, India | $214.5M | 6,171 | Online food delivery service platform |
Detailed competitors of Tipplr
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Tipplr
The website of Tipplr (tipplr.in) receives about 2.3K visits a month.
- Monthly visits2.3K
▼ 11.7% vs previous month
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Tipplr (Food & Beverage Platforms) in India, 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 5.94 B | 6,750 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 |
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Frequently Asked Questions about Tipplr
Tipplr was founded in 2020.
Tipplr is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Goverdhan M D is the CEO of Tipplr, as recorded in our data. They have also founded this company.
Tipplr is a funded company, having raised a total of $349.62K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $97.72K, raised on Nov 2020.
Tipplr has 1 employees.
The primary company behind Tipplr, Food Space Technology Private Limited, reported revenue of ₹1.48 Cr for FY 2024, up 524% year on year.
Tipplr was founded in 2020 in Bengaluru, India, within the food and beverage sector. A platform is operated that allows discovery of nearby restaurants, online food ordering, home delivery, and table bookings at eateries and takeaways. Mobile applications are provided for Android and iOS devices to support these services across urban locations.
Tipplr has 3 investors. Key investors include Mathew Varkey, Gautam Basapa Dodamani, and Rajesh Kumar Jogi.
The valuation of Tipplr is $3.43M as of Jul 2022.
Tipplr operates through Food Space Technology Private Limited.
The legal entities of Tipplr currently have 4 directors, including Rajesh Jogi Kumar, Mathew Varkey, Goverdhan Mandyam Doddamane and others.