Vedaaz

Pune, India Founded: 2016 • Age: 10 yrs Minicorn Acquired By Desi Farms
Mobile-based ordering and doorstep delivery of dairy products are provided.

About Vedaaz

Vedaaz is a Consumer company based in Pune (India) founded in 2016 by Virendra Nagarkar and Tushar Patil, and was acquired by Desi Farms in February 2024. Mobile-based ordering and doorstep delivery of dairy products are provided. It operates in the Consumer and Retail sectors. Vedaaz has raised $84.67 thousand across 1 funding round from investors including Desi Farms, Arunadevi Shripal Budruk and Hitendra Admuthe. The company has 10 employees. Vedaaz was last valued at $3.02 million in November 2022. Its chief executive, as recorded, is Virendra Nagarkar. Its Indian entity Vedaaz Organics Private Limited reported revenue of β‚Ή8.35 Cr. Vedaaz offers products and services including A2 Desi Gir Cow Milk, Buffalo Milk, A2 Desi Gir Cow Ghee, and A2 Paneer. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Dairy. Its competitors include Sid's Farm, Happy Nature and Provilac Dairy Farms; 3 of its 3 listed competitors have raised funding.

Company details

Vedaaz was established in 2016 in Pune, India, as a provider in the dairy delivery sector. A mobile application is operated on iOS and Android platforms, enabling subscription-based orders for products including milk, ghee, paneer, curd, buttermilk, and lassi. Doorstep delivery services are extended to users, focusing on convenient access to dairy essentials within the region.

  • Headquarters Pune, India
  • Employees 10
  • Founders Virendra Nagarkar, Tushar Patil
  • Stage Acquired
  • Sectors
    Consumer
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website vedaaz.com
  • Social LinkedIn X Facebook Instagram
  • Acquired by Desi Farms (Feb 2024)
  • Legal Name Vedaaz Organics Private Limited
  • Date of Incorporation 21 Dec, 2016
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹8.35 Cr

    FY 2024 · +64% YoY

  • Net Profit
    ₹68.3 Lakh

    FY 2024 · 8% margin

  • EBITDA
    ₹71.8 Lakh

    FY 2024 · 9% margin

  • Total Equity Funding
    $84.67K (USD)

    in 1 rounds

  • Latest Funding Round
    $84.67K (USD), Angel Round

    Nov 2022

  • Investors
    Desi Farms

    & 6 more

  • Employee Count
    10
  • Acquired by
    Desi Farms

    (Feb 2024)

Products & Services of Vedaaz

Vedaaz offers a comprehensive portfolio of products and services, including A2 Desi Gir Cow Milk, Buffalo Milk, A2 Desi Gir Cow Ghee, and A2 Paneer.

A2 Desi Gir Cow Milk
Dairy Product

Fresh milk from Gir cows with no hormones, delivered directly.

Buffalo Milk
Dairy Product

Natural buffalo milk in glass bottles for home delivery.

A2 Desi Gir Cow Ghee
Dairy Product

Ghee made from whole milk using traditional curd method.

A2 Paneer
Dairy Product

Paneer rich in A2 protein from premium Indian cow milk.

Funding Insights of Vedaaz

Vedaaz has successfully raised a total of $84.67K through 1 strategic funding round. The most recent funding activity was a Angel Round of $84.67 thousand completed in November 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 $84,668
  • Total Rounds 1
  • Last Round Angel Round β€” $84,668
  • First Round $84,668

    (Nov 2022)

  • Investors Count 6

All 1 funding rounds of Vedaaz with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2022$84,668Angel Round$3.02MArunadevi Shripal Budruk
Valuation history
DateValuationStage
Nov 2022$3.02Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3.02M (Nov 2022). 7 investors in total: 1 institutional and 6 angel.

Investors in Vedaaz

Vedaaz has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Desi Farms, Arunadevi Shripal Budruk and Hitendra Admuthe.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Arunadevi Shripal Budruk

unknown_8a418e9d52ee40349

Hitendra Admuthe

unknown_200c827974b741058

Smitha Admuthe

unknown_0d632d06e7f24ca6a

Shilpa Boravake

unknown_9c0a70f1bd764bd19

Sujay Kabade

unknown_f4d1f488b4e64cb4b

Neha Patil

Angel investor focusing on early-stage Indian startups in tech and healthcare.
unknown_74ea00306f2f4aa89
Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products
2016desifarmsindia.inPune, India
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Investor details for Vedaaz

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Board of directors of Vedaaz Organics Private Limited (Vedaaz)

Vedaaz Organics Private Limited is the primary company behind Vedaaz. The board of Vedaaz Organics Private Limited currently have 2 directors; the longest-serving is Sunil Kumar Shahi, appointed in 2023. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sunil Kumar Shahi
DIN 01887403
Director05 Dec 20232 yrs 11 moVedaaz Organics Private Limited
Pratiksha Pandey
DIN 10428588
Director20 Dec 20232 yrs 10 moVedaaz Organics Private Limited

People of Vedaaz

3 people are tracked at Vedaaz (3 in leadership); the tracked headcount is 10.

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & DirectorLeadership
Managing DirectorLeadership
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Financials of Vedaaz

Figures of Vedaaz Organics Private Limited, the primary company behind Vedaaz, for FY 2024. Revenue was ₹8.35 Cr (+64% year on year). Net profit was ₹68.3 Lakh (8% margin). EBITDA was ₹71.8 Lakh (9% margin). Revenue has grown at a compounded annual rate of +27% over three years and +53% over five years.

  • ₹8.35 CrRevenue · FY 2024 · +64% YoY
  • ₹68.3 LakhNet profit · 8% margin
  • ₹71.8 LakhEBITDA · 9% margin
  • ₹1 LakhPaid-up capital
  • 10Employees (provident fund records)
  • +27%Revenue CAGR, 3 years
  • +53%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Vedaaz Organics Private Limited are on its company page.

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Detailed financial statements for Vedaaz

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Timeline of Vedaaz

4 dated milestones of Vedaaz across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Vedaaz is founded.
  2. Funding First funding round of $85K.
  3. Milestone Reaches Minicorn status.
  4. Exit Acquired by Desi Farms.

Competitors of Vedaaz

Vedaaz has 3 listed competitors in our database, 3 of them funded. They include Sid's Farm, Happy Nature and Provilac Dairy Farms.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sidsfarm.com2013Hyderabad, India$12.18M466
Subscription-based dairy products are delivered via an internet-first brand.
happynature.in2018Delhi, India$1.07M94
Brand of organic milk
provilac.com2013Pune, India$421,59785
Internet first milk brand and delivery
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Detailed competitors of Vedaaz

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Web traffic of Vedaaz

The website of Vedaaz (vedaaz.com) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▲ 35.2% vs previous month

Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as Vedaaz (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 143.51 M2,828
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Related news about Vedaaz

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Frequently Asked Questions about Vedaaz

Vedaaz was founded in 2016 and raised its 1st funding round 6 years after it was founded.

Vedaaz is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Virendra Nagarkar is the CEO of Vedaaz, as recorded in our data. They have also founded this company.

Vedaaz is a funded company, having raised a total of $84.67K across 1 funding round to date. The company's 1st funding round was a Angel Round of $84.67K, raised on Nov 2022.

Vedaaz has 10 employees.

The primary company behind Vedaaz, Vedaaz Organics Private Limited, reported revenue of β‚Ή8.35 Cr for FY 2024, up 64% year on year.

Vedaaz was established in 2016 in Pune, India, as a provider in the dairy delivery sector. A mobile application is operated on iOS and Android platforms, enabling subscription-based orders for products including milk, ghee, paneer, curd, buttermilk, and lassi. Doorstep delivery services are extended to users, focusing on convenient access to dairy essentials within the region.

Vedaaz's top competitors include Sid's Farm, Provilac Dairy Farms and Happy Nature.

Vedaaz offers A2 Desi Gir Cow Milk, Buffalo Milk, A2 Desi Gir Cow Ghee, and A2 Paneer.

Vedaaz has 7 investors. Key investors include Desi Farms, Arunadevi Shripal Budruk, Hitendra Admuthe, Smitha Admuthe, and Shilpa Boravake.

The valuation of Vedaaz is $3.02M as of Nov 2022.

Vedaaz operates through Vedaaz Organics Private Limited.

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