About Urban Harvest
Urban Harvest is a company based in Delhi (India) founded in 2019 by Aastik Aggarwal and Sidhantt Suri. It operates as a Direct-to-Consumer (D2C). Urban Harvest has raised $8.54 million across 4 funding rounds from investors including Indigram Labs, SageOne Investment Advisors and Morde Foods. The company has 35 employees as of April 09, 2024. Urban Harvest has completed 1 acquisition, including Cocosutra. Urban Harvest offers products and services including Cut Fruits, Cut Vegetables, and Salads. Urban Harvest operates in a competitive market with competitors including InI Farms, Foods and Inns, Lemonchillii, Freshtrop and Dr Jackfruit, among others.
- Headquarter Delhi, India
- Employees 35 as on 09 Apr, 2024
- Founders Aastik Aggarwal, Sidhantt Suri
- Stage Minicorn
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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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- Legal Name Organicut Fresh Private Limited
- Date of Incorporation 05 Feb, 2019
- Jurisdiction Azadpur, Delhi, India
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Annual Revenue
$2.15 M (USD)229.92as on Mar 31, 2023
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Net Profit
$77.86 K (USD)9.68as on Mar 31, 2023
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EBITDA
$126.68 K (USD)33.97as on Mar 31, 2023
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Total Equity Funding
$8.54 M (USD)
in 4 rounds
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Latest Funding Round
$6.7 M (USD), Series A
Jul 19, 2024
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Investors
Indigram Labs
& 12 more
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Employee Count
35
as on Apr 09, 2024
- Investments & Acquisitions
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Products & Services of Urban Harvest
Urban Harvest offers a comprehensive portfolio of products and services, including Cut Fruits, Cut Vegetables, and Salads. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fresh cut fruits are offered for convenient consumption daily.
Pre-cut vegetables are provided for easy meal preparation daily.
Healthy salads are prepared using fresh, quality ingredients daily.
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Leadership Team
3 people
Sales and Marketing
1 people
Business Team
1 people
Program Team
1 people
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Funding Insights of Urban Harvest
Urban Harvest has successfully raised a total of $8.54M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6.7 million completed in July 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $6.7M
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First Round
First Round
(05 May 2020)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series A - Urban Harvest | Valuation | Nextaenterprises , Morde Foods |
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| Oct, 2023 | Amount | Seed - Urban Harvest | Valuation | Info Edge Ventures |
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| Dec, 2022 | Amount | Seed - Urban Harvest | Valuation | Info Edge Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Urban Harvest
Urban Harvest has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Indigram Labs, SageOne Investment Advisors and Morde Foods. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm backed by Info Edge and Temasek
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Urban Harvest
Urban Harvest has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Cocosutra. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Production of frozen cookie dough.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Urban Harvest
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Urban Harvest Comparisons
Competitors of Urban Harvest
Urban Harvest 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 InI Farms, Foods and Inns, Lemonchillii, Freshtrop and Dr Jackfruit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of farming services to horticulture industries
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| domain | founded_year | HQ Location |
Foods and Inns is engaged in processing fruit and vegetable products.
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| domain | founded_year | HQ Location |
Online platform selling hydroponic vegetables through subscriptions and direct deliveries.
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| domain | founded_year | HQ Location |
Supplier of grapes and pomegranates
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| domain | founded_year | HQ Location |
Organic jackfruit products are branded and distributed by Dr Jackfruit.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Urban Harvest
When was Urban Harvest founded?
Urban Harvest was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Urban Harvest located?
Urban Harvest is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Urban Harvest?
Sidhantt Suri is the current CEO of Urban Harvest. They have also founded this company.
Is Urban Harvest a funded company?
Urban Harvest is a funded company, having raised a total of $8.54M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.21M, raised on May 05, 2020.
How many employees does Urban Harvest have?
As of Apr 09, 2024, the latest employee count at Urban Harvest is 35.
What is the annual revenue of Urban Harvest?
Annual revenue of Urban Harvest is $2.15M as on Mar 31, 2023.
What does Urban Harvest do?
Urban Harvest is focused on delivering fresh, high-quality cut fruits and vegetables to urban consumers. The company operates in the food and beverage sector, emphasizing convenience and nutrition. Solutions are tailored to simplify daily meal preparation for city dwellers, with a range of products including salads and mixed produce. Sustainability and support for local farmers are integrated into their operations, ensuring freshness and community impact. Their offerings are designed to enhance culinary experiences while promoting healthier lifestyles in dynamic urban environments.
Who are the top competitors of Urban Harvest?
Urban Harvest's top competitors include InI Farms, Foods and Inns and Freshtrop.
What products or services does Urban Harvest offer?
Urban Harvest offers Cut Fruits, Cut Vegetables, and Salads.
How many acquisitions has Urban Harvest made?
Urban Harvest has made 1 acquisition, including Cocosutra.
Who are Urban Harvest's investors?
Urban Harvest has 13 investors. Key investors include Indigram Labs, SageOne Investment Advisors, Morde Foods, Rajasthan Global, and Nextaenterprises.
What is Urban Harvest's valuation?
The valuation of Urban Harvest is $36.41M as of Jul 2024.