About Tru Millets
Tru Millets is a company based in Bengaluru (India) founded in 2018 by Sujatha Rao Raghunandan, Gagan Giri, and Mamatha N L was acquired by Arkaacluster in January 2025. Tru Millets has raised $37.01 thousand across 1 funding round from investors including Lakshmi R and Arkaa Cluster. The company has 18 employees as of April 08, 2024. Tru Millets offers products and services including Millet Pancake Mix, Millet Snacks, Ready-to-Eat Combos, and Millet Instant Mix. Tru Millets operates in a competitive market with competitors including Naario, Sathvikas, Millet Amma, Buy Millets Online and Vinessence, among others.
- Headquarter Bengaluru, India
- Employees 18 as on 08 Apr, 2024
- Founders Sujatha Rao Raghunandan, Gagan Giri, Mamatha N L
- Stage Minicorn
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Sectors
ConsumerRetail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Urban Millets Private Limited
- Date of Incorporation 04 Dec, 2018
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$111.48 K (USD)-40.47as on Mar 31, 2023
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Net Profit
-$70.06 K (USD)-2.26as on Mar 31, 2023
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EBITDA
-$45.43 K (USD)-13.91as on Mar 31, 2023
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Total Equity Funding
$37.01 K (USD)
in 1 rounds
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Latest Funding Round
$37.01 K (USD), Angel Round
Dec 02, 2024
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Investors
Arkaa Cluster
& 1 more
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Employee Count
18
as on Apr 08, 2024
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Acquired by
Arkaacluster
(Jan 29, 2025)
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Products & Services of Tru Millets
Tru Millets offers a comprehensive portfolio of products and services, including Millet Pancake Mix, Millet Snacks, Ready-to-Eat Combos, and Millet Instant Mix.
Quick-cooking mix for healthy millet pancakes.
Nutritious millet-based snacks for on-the-go consumption.
Instant millet meals for fast, healthy eating.
Easy-to-prepare mixes for traditional millet dishes.
Funding Insights of Tru Millets
Tru Millets has successfully raised a total of $37.01K through 1 strategic funding round. The most recent funding activity was a Angel Round of $37.01 thousand completed in December 2024. 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.
Investors in Tru Millets
Tru Millets has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Lakshmi R and Arkaa Cluster.
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Lakshmi R |
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Arkaa Cluster is engaged in providing comprehensive agro solutions in India.
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Investor details for Tru Millets
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Investments & Acquisitions by Tru Millets
Investment portfolio details for Tru Millets
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Financial Statements - Tru Millets
Detailed financials for Tru Millets
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Tru Millets Comparisons
Peer comparison for Tru Millets
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Competitors of Tru Millets
Tru Millets 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 Naario, Sathvikas, Millet Amma, Buy Millets Online and Vinessence, among others.
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Nutrition-focused flours, snacks, cereals, and beverages are retailed.
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Internet-first brand selling millet-based multicategory grocery products.
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Online platform selling organic millets and healthy food products in India.
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Runs a direct-to-consumer brand specializing in organic millet products.
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Offers organic millet products and fruit spreads through online sales platform.
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Detailed competitors of Tru Millets
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Latest news on Tru Millets
Complete news archive for Tru Millets
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Frequently Asked Questions about Tru Millets
Tru Millets was founded in 2018 and raised its 1st funding round 6 years after it was founded.
Tru Millets is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Tru Millets is a funded company, having raised a total of $37.01K across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at Tru Millets is 18.
Annual revenue of Tru Millets is $111.48K as on Mar 31, 2023.
Online brand offering multi category organic millet based products. It offer ready to cook and ready to eat options, along with snacks. Its product catalog includes millets mixes such as dosa, pongal, idli, murukku, payasam, and much more. It enables users to track orders.
Tru Millets's top competitors include Naario, Millet Amma and Buy Millets Online.
Tru Millets offers Millet Pancake Mix, Millet Snacks, Ready-to-Eat Combos, and Millet Instant Mix.
Tru Millets has 2 investors. Key investors include Lakshmi R, and Arkaa Cluster.
The valuation of Tru Millets is $2.99M as of Dec 2024.