Veeba

Gurugram, India Founded: 2012 • Age: 14 yrs
Internet first brand of sauces, dips, and other condiment products
Annual revenue $103.4M Latest available
Total funding $58.3M 9 rounds
Employees 1121 Tracked headcount
Investors 10 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Veeba

Veeba is a company based in Gurugram (India) founded in 2012 by Viraj Bahl. Veeba has raised $58.27 million across 9 funding rounds from investors including Yukti Securities, Sixth Sense Ventures and Saama Capital. The company has 1,121 employees as of January 08, 2025. Veeba offers products and services including Mayonnaise, Ketchup, Sandwich Spreads, Dressings, and Hot Sauces. Veeba operates in a competitive market with competitors including Masterchow, Naagin Sauce, Him Shakti, Troovy and Chutnefy, among others.

  • Headquarter Gurugram, India
  • Employees 1121 as on 08 Jan, 2025
  • Founders Viraj Bahl
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website
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  • Legal Name Vrb Consumer Products Private Limited
  • Date of Incorporation 12 Oct, 2012
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $103.41 M (USD)
    7.86
    as on Mar 31, 2024
  • Net Profit
    $3.37 M (USD)
    22481.51
    as on Mar 31, 2024
  • EBITDA
    $3.42 M (USD)
    2422.32
    as on Mar 31, 2024
  • Total Equity Funding
    $58.27 M (USD)

    in 9 rounds

  • Latest Funding Round
    $13.99 M (USD), Series D

    Nov 27, 2019

  • Investors
  • Employee Count
    1121

    as on Jan 08, 2025

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Products & Services of Veeba

Veeba offers a comprehensive portfolio of products and services, including Mayonnaise, Ketchup, Sandwich Spreads, Dressings, and Hot Sauces.

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Primary

Eggless mayonnaise for sandwiches and everyday meal enhancements.

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Tomato ketchup with no added preservatives for versatile use.

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Various spreads for enhancing sandwiches and snacks easily.

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Flavorful dressings for salads and meals with global inspirations.

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Spicy sauces like peri peri for adding heat to dishes.

People of Veeba

Headcount 50-200
Employee Profiles 36
Employee Profiles
People
Arjun Tyagi
Business Development Manager
People
kanish handuja
Business Development Executive
People
Sharan Kumar S
Business Development Manager
People
Deepak Kumar
Senior Business Development Executive

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Funding Insights of Veeba

Veeba has successfully raised a total of $58.27M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $13.99 million completed in November 2019. 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 Veeba

Veeba has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Yukti Securities, Sixth Sense Ventures and Saama Capital.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investing in and supporting insurgent consumer brands in India and Southeast Asia.
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Venture capital investments and partnerships in diverse sectors.
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Single family office of a Belgian family focused on multiple industries
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Investor details for Veeba

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Investments & Acquisitions by Veeba

Investments
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Investment portfolio details for Veeba

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Financial Statements - Veeba

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Detailed financials for Veeba

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Veeba Comparisons

Veeba Primary company
Description
Internet first brand of sauces, dips, and other condiment pr...
Location
Gurugram, India
Founded Year
2012
Annual Revenue
$103.41 M (USD)
Net Profit
$3.37 M (USD)
EBITDA
$3.42 M (USD)
Employees
1,121
As of 2025
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Peer comparison for Veeba

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Competitors of Veeba

Veeba 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 Masterchow, Naagin Sauce, Him Shakti, Troovy and Chutnefy, among others.

Company Name Domain Founded year HQ Location Description
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Multi-category sauces are offered by this internet-first brand.
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Manufacturer of Indian-style hot sauces and spice blends
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Internet first brand of rice, millets, salt, and spices
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Online platform offering healthy, chemical-free food products for children
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Chutneys and spreads are offered by an internet-first brand.
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Detailed competitors of Veeba

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Latest news on Veeba

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Complete news archive for Veeba

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Frequently Asked Questions about Veeba

Veeba was founded in 2012.

Veeba is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Veeba is a funded company, having raised a total of $58.27M across 9 funding rounds to date.

As of Jan 08, 2025, the latest employee count at Veeba is 1,121.

Annual revenue of Veeba is $103.41M as on Mar 31, 2024.

Veeba was founded in 2012 in Gurugram, India, focusing on the condiment and specialty food sector. A portfolio of products, including mayonnaise spreads, sandwich spreads, pizza spreads, peanut butter, dressings, and preserves, is developed and distributed. These items are targeted at institutional clients such as international restaurant chains and coffee bars, alongside retail consumers, with operations centered on online channels.

Veeba's top competitors include Troovy, Masterchow and Naagin Sauce.

Veeba offers Mayonnaise, Ketchup, Sandwich Spreads, Dressings, and Hot Sauces.

Veeba has 10 investors. Key investors include Yukti Securities, Sixth Sense Ventures, Saama Capital, DSG Consumer Partners, and Verlinvest.

The valuation of Veeba is $266.13M as of Nov 2019.

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