About ToastApp
ToastApp is a Consumer company based in Hyderabad (India) founded in 2019. Digital menu solutions via QR codes are provided for restaurants. Its Indian entity Rareblue Tech Private Limited reported revenue of ₹77.4 Lakh. ToastApp offers products and services including Scan, Order & Pay, Summer POS, and WhatsApp Marketing. Its focus areas include Food and Agriculture Tech, Food Tech, Food Discovery and Ordering and Dine Out. Its competitors include DroptheQ, Bar-O-Meeter and DineSmart; 1 of its 3 listed competitors has raised funding.
Company details
ToastApp was established in 2019 in Hyderabad, India, within the restaurant technology sector. Digital menu systems are offered, allowing customers to scan QR codes at tables for menu viewing and order placement. Online payments, reviews, and ratings are supported through these features. Mobile applications are developed for Android and iOS to facilitate access and operations.
- Headquarters Hyderabad, India
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website toastapp.co
- Social LinkedIn X Facebook
- Legal Name Rareblue Tech Private Limited
- Date of Incorporation 03 Oct, 2019
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹77.4 Lakh
FY 2024 · +121% YoY
- Net Loss-₹45.9 Lakh
FY 2024 · -59% margin
- EBITDA-₹38.7 Lakh
FY 2024 · -50% margin
- Investors
Associated legal entities of ToastApp
ToastApp operates through Rareblue Tech 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 |
|---|---|---|---|---|---|---|---|
| Rareblue Tech Private Limited CIN U72900TG2019PTC135857 | Active | 03 Oct 2019 | Hyderabad, Telangana | ₹0.8 Cr | 2 | View details |
Products & Services of ToastApp
ToastApp offers a comprehensive portfolio of products and services, including Scan, Order & Pay, Summer POS, and WhatsApp Marketing.
Enables customers to scan QR codes for direct ordering and payment.
Manages inventory, sales, and kitchen operations for restaurants.
Promotes menus, offers, and events to boost customer retention.
Funding Insights of ToastApp
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of ToastApp 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 2022 | Seed | – | 100X.VC | – |
1 investors in total: 1 institutional.
Investors in ToastApp
ToastApp has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 100X.VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by 100X.VC venture capital firm. | 100x.vc | Mumbai, India |
Investor details for ToastApp
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 Rareblue Tech Private Limited (ToastApp)
Rareblue Tech Private Limited is the primary company behind ToastApp. The board of Rareblue Tech Private Limited currently have 2 directors; the longest-serving is Ankit Sharma, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ankit Sharma DIN 08578582 | Director | 03 Oct 2019 | 7 yrs 1 mo | Rareblue Tech Private Limited |
| Subhash Vishal Jain DIN 08578581 | Director | 03 Oct 2019 | 7 yrs 1 mo | Rareblue Tech Private Limited |
Financials of ToastApp
Figures of Rareblue Tech Private Limited, the primary company behind ToastApp, for FY 2024. Revenue was ₹77.4 Lakh (+121% year on year). Net loss was -₹45.9 Lakh (-59% margin). EBITDA was -₹38.7 Lakh (-50% margin). Revenue has grown at a compounded annual rate of +88% over three years.
- ₹77.4 LakhRevenue · FY 2024 · +121% YoY
- -₹45.9 LakhNet loss · -59% margin
- -₹38.7 LakhEBITDA · -50% margin
- ₹25.2 LakhPaid-up capital
- +88%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Rareblue Tech Private Limited are on its company page.
Detailed financial statements for ToastApp
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 ToastApp
2 dated milestones of ToastApp across 3 years, from founding to its latest funding, stage changes and deals.
- Founded ToastApp is founded.
- Funding First funding round.
Competitors of ToastApp
ToastApp has 3 listed competitors in our database, 1 of them funded. They include DroptheQ, Bar-O-Meeter and DineSmart.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| droptheq.com | 2018 | Noida, India | $1.15M | 16 | App-based platform to order food from nearby restaurants | |
| baromeeter.in | 2016 | Delhi, India | Bar-O-Meeter is a mobile app for connecting with strangers at restaurants, pubs, clubs, and bars. | |||
| dinesmart.tech | 2015 | Hyderabad, India | Provides a mobile app for seamless in-restaurant ordering and payments. |
Detailed competitors of ToastApp
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.
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as ToastApp (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 ToastApp
ToastApp was founded in 2019 and raised its 1st funding round 3 years after it was founded.
ToastApp is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
The primary company behind ToastApp, Rareblue Tech Private Limited, reported revenue of ₹77.4 Lakh for FY 2024, up 121% year on year.
ToastApp was established in 2019 in Hyderabad, India, within the restaurant technology sector. Digital menu systems are offered, allowing customers to scan QR codes at tables for menu viewing and order placement. Online payments, reviews, and ratings are supported through these features. Mobile applications are developed for Android and iOS to facilitate access and operations.
ToastApp's top competitors include DroptheQ, DineSmart and Bar-O-Meeter.
ToastApp offers Scan, Order & Pay, Summer POS, and WhatsApp Marketing.
ToastApp has 1 investor. Key investors include 100X.VC.
ToastApp operates through Rareblue Tech Private Limited.
The legal entities of ToastApp currently have 2 directors, including Ankit Sharma, Subhash Vishal Jain.