VEGOLUTION

Bengaluru, India Founded: 2019 • Age: 7 yrs
Versatile and nutritious protein-first vegetarian foods are produced.
Annual revenue $461,372 Latest available
Total funding $3.8M 5 rounds
Employees 28 Tracked headcount
Investors 21 Known backers
Products 5 Services tracked
Competitors 2 Brand Intelligence

About VEGOLUTION

VEGOLUTION is a company based in Bengaluru (India) founded in 2019 by Rajit Malhotra and Siddharth Ramasubramanian. VEGOLUTION has raised $3.83 million across 5 funding rounds from investors including Swahana Advisory, Kunal Jesrani and Anuj Malhotra. The company has 28 employees as of April 04, 2024. VEGOLUTION offers products and services including HELLO TEMPAYY, Natural Variant, Simply Sriracha Variant, Szechuan Chilli Variant, and Tawa Masala Variant. VEGOLUTION operates in a competitive market with competitors including Birajdar Foods, among others.

  • Headquarter Bengaluru, India
  • Employees 28 as on 04 Apr, 2024
  • Founders Rajit Malhotra, Siddharth Ramasubramanian
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Vegolution India Private Limited
  • Date of Incorporation 21 Aug, 2019
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $461.37 K (USD)
    267.7
    as on Mar 31, 2023
  • Net Profit
    -$668.11 K (USD)
    -82.64
    as on Mar 31, 2023
  • EBITDA
    -$707.63 K (USD)
    -101.69
    as on Mar 31, 2023
  • Total Equity Funding
    $3.83 M (USD)

    in 5 rounds

  • Latest Funding Round
    $478.38 K (USD), Seed

    Jan 27, 2025

  • Investors
  • Employee Count
    28

    as on Apr 04, 2024

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Products & Services of VEGOLUTION

VEGOLUTION offers a comprehensive portfolio of products and services, including HELLO TEMPAYY, Natural Variant, Simply Sriracha Variant, Szechuan Chilli Variant, and Tawa Masala Variant.

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Primary

Fermented soybean product for easy cooking and nutritious meals.

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Basic tempeh option providing protein for diverse dietary needs.

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Spiced tempeh for flavorful, healthy vegetarian dishes.

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Chilli-infused tempeh for versatile and protein-rich cooking.

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Masala-flavored tempeh as a quick, nutritious meal base.

Funding Insights of VEGOLUTION

VEGOLUTION has successfully raised a total of $3.83M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $478.38 thousand completed in January 2025. 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 VEGOLUTION

VEGOLUTION has secured backing from 21 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Swahana Advisory, Kunal Jesrani and Anuj Malhotra.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
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Private equity firm focused on multiple sectors
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Management consulting services are provided to business clients.
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Investor details for VEGOLUTION

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Investments & Acquisitions by VEGOLUTION

Investments
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Investment portfolio details for VEGOLUTION

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  • Transaction dates
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Financial Statements - VEGOLUTION

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Detailed financials for VEGOLUTION

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Vegolution Comparisons

VEGOLUTION Primary company
Description
Versatile and nutritious protein-first vegetarian foods are ...
Location
Bengaluru, India
Founded Year
2019
Annual Revenue
$461.37 K (USD)
Net Profit
-$668.11 K (USD)
EBITDA
-$707.63 K (USD)
Employees
28
As of 2024
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Peer comparison for VEGOLUTION

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Competitors of VEGOLUTION

VEGOLUTION 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 Birajdar Foods, among others.

Company Name Domain Founded year HQ Location Description
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A brand specializing in high-quality, ready-to-eat food items for consumers.
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Detailed competitors of VEGOLUTION

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Latest news on Vegolution

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Complete news archive for VEGOLUTION

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Frequently Asked Questions about VEGOLUTION

VEGOLUTION was founded in 2019 and raised its 1st funding round 1 year after it was founded.

VEGOLUTION is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Siddharth Ramasubramanian is the current CEO of VEGOLUTION. They have also founded this company.

VEGOLUTION is a funded company, having raised a total of $3.83M across 5 funding rounds to date.

As of Apr 04, 2024, the latest employee count at VEGOLUTION is 28.

Annual revenue of VEGOLUTION is $461.37K as on Mar 31, 2023.

VEGOLUTION was founded in 2019 in Bengaluru, India, by co-founders Rajit Malhotra and Siddharth Ramasubramanian. Operations are focused on the food sector, where protein-first vegetarian foods are developed to be versatile and nutritious. These products are aimed at providing plant-based alternatives, with activities centered in India to address demands in the vegetarian protein market. The companys domain, veg-olution.com, supports its online presence.

VEGOLUTION's top competitors include Birajdar Foods.

VEGOLUTION offers HELLO TEMPAYY, Natural Variant, Simply Sriracha Variant, Szechuan Chilli Variant, and Tawa Masala Variant.

VEGOLUTION has 21 investors. Key investors include Swahana Advisory, Kunal Jesrani, Anuj Malhotra, August Holding, and Tandem Technology.

The valuation of VEGOLUTION is $14.41M as of Jan 2025.

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