VilFresh

Coimbatore, India Founded: 2016 • Age: 10 yrs Minicorn
Brand of Milk

About VilFresh

VilFresh is a Consumer company based in Coimbatore (India) founded in 2016 by Selvakumar Varadharajan. Brand of Milk. VilFresh has raised $563.17 thousand across 3 funding rounds from investors including Sangam Ventures, Nativelead and Merestone. The company has 4 employees. VilFresh was last valued at $2.77 million in March 2022. Its Indian entity Laymen Agro Ventures Private Limited reported revenue of β‚Ή4.78 Cr. Its focus areas include Food and Agriculture, Food & Beverage Products, Dairy and Milk. Its competitors include Happy Nature, Provilac Dairy Farms and Pride of Cows; 2 of its 3 listed competitors have raised funding.

Company details

VilFresh was founded in 2016 in Coimbatore, India, by Selvakumar Varadharajan. Operations are conducted in the dairy sector through a direct-to-consumer model. Milk and related products are distributed via the companys online platform to customers in India. The focus is placed on local sourcing and delivery within the region, with business activities centered on everyday dairy needs.

  • Headquarters Coimbatore, India
  • Employees 4
  • Founders Selvakumar Varadharajan
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website vilfresh.in
  • Social LinkedIn X Facebook
  • Legal Name Laymen Agro Ventures Private Limited
  • Date of Incorporation 28 Jul, 2016
  • Jurisdiction Coimbatore, Tamil Nadu, India
Key Metrics
  • Annual Revenue
    ₹4.78 Cr

    FY 2023 · +53% YoY

  • Net Loss
    -₹1.13 Cr

    FY 2023 · -24% margin

  • EBITDA
    -₹1.04 Cr

    FY 2023 · -22% margin

  • Total Equity Funding
    $563.17K (USD)

    in 3 rounds

  • Latest Funding Round
    $238.54K (USD), Angel Round

    Mar 2022

  • Investors
  • Employee Count
    4

Funding Insights of VilFresh

VilFresh has successfully raised a total of $563.17K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $238.54 thousand completed in March 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 $563,170
  • Total Rounds 3
  • Last Round Angel Round β€” $238,535
  • First Round $239,087

    (May 2019)

  • Investors Count 57

All 3 funding rounds of VilFresh with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2022$238,535Angel Round$2.77MPriya Parthasarathy, Bavanam Srujana
Jan 2021$85,548Seed$2.58MSukla Family Benfit Trust
May 2019$239,087Angel Round$β€’β€’β€’β€’β€’Nativelead, Upaya Social Ventures
Valuation history
DateValuationStage
Mar 2022$2.77Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2021$2.58Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of VilFresh

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $2.77M (Mar 2022). 57 investors in total: 7 institutional and 50 angel.

Investors in VilFresh

VilFresh has secured backing from 57 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Sangam Ventures, Nativelead and Merestone.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investing in sustainable energy and resource productivity solutions for underserved communities in India.
2012sangam.vcGurugram, India
Startup acceleration programs and seed financing are provided in India.
upayasv.orgSeattle, United States
Family benefits are administered through a dedicated trust structure.
An online fundraising platform for location-based native users and entrepreneurs.
2012nativelead.orgMadurai, India
Tax preparation, accounting advisory, and audit support services in the US and India.
gkmtax.com
Develops premium gated villa communities and apartments in India.
2020merestone.inCoimbatore, India

Priya Parthasarathy

unknown_a27cb86399a84acdb

Bavanam Srujana

unknown_20fb1c71e2604628b

Suresh Krishnamurthy

unknown_c5db37616e5e48bf9
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Investor details for VilFresh

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Board of directors of Laymen Agro Ventures Private Limited (VilFresh)

Laymen Agro Ventures Private Limited is the primary company behind VilFresh. The board of Laymen Agro Ventures Private Limited currently have 3 directors; the longest-serving is Selvakumar Varadharajan, appointed in 2016. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Selvakumar Varadharajan
DIN 07540991
Director28 Jul 201610 yrs 3 moLaymen Agro Ventures Private Limited
Sharmila Selvakumar
DIN 07558276
Director28 Sep 20188 yrs 1 moLaymen Agro Ventures Private Limited
Sudip Nandy
DIN 07199187
Director14 Jul 20224 yrs 3 moLaymen Agro Ventures Private Limited

People of VilFresh

1 people are tracked at VilFresh (1 in leadership); the tracked headcount is 4.

NameRoleGroup
FounderLeadership
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Financials of VilFresh

Figures of Laymen Agro Ventures Private Limited, the primary company behind VilFresh, for FY 2023. Revenue was ₹4.78 Cr (+53% year on year). Net loss was -₹1.13 Cr (-24% margin). EBITDA was -₹1.04 Cr (-22% margin). Revenue has grown at a compounded annual rate of +31% over three years and +33% over five years.

  • ₹4.78 CrRevenue · FY 2023 · +53% YoY
  • -₹1.13 CrNet loss · -24% margin
  • -₹1.04 CrEBITDA · -22% margin
  • ₹15.5 LakhPaid-up capital
  • 4Employees (provident fund records)
  • +31%Revenue CAGR, 3 years
  • +33%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Laymen Agro Ventures Private Limited are on its company page.

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Detailed financial statements for VilFresh

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  • Downloads

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Timeline of VilFresh

4 dated milestones of VilFresh across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded VilFresh is founded.
  2. Funding First funding round of $239K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $239K.

Competitors of VilFresh

VilFresh has 3 listed competitors in our database, 2 of them funded. They include Happy Nature, Provilac Dairy Farms and Pride of Cows.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happynature.in2018Delhi, India$1.07M94
Brand of organic milk
provilac.com2013Pune, India$421,59785
Internet first milk brand and delivery
prideofcows.com2011Pune, India812
A dairy brand offering fresh farm-to-home milk delivery services.
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Detailed competitors of VilFresh

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Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as VilFresh (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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Frequently Asked Questions about VilFresh

VilFresh was founded in 2016 and raised its 1st funding round 3 years after it was founded.

VilFresh is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.

VilFresh is a funded company, having raised a total of $563.17K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $239.09K, raised on May 2019.

VilFresh has 4 employees.

The primary company behind VilFresh, Laymen Agro Ventures Private Limited, reported revenue of β‚Ή4.78 Cr for FY 2023, up 53% year on year.

VilFresh was founded in 2016 in Coimbatore, India, by Selvakumar Varadharajan. Operations are conducted in the dairy sector through a direct-to-consumer model. Milk and related products are distributed via the companys online platform to customers in India. The focus is placed on local sourcing and delivery within the region, with business activities centered on everyday dairy needs.

VilFresh's top competitors include Provilac Dairy Farms, Happy Nature and Pride of Cows.

VilFresh has 57 investors. Key investors include Sangam Ventures, Nativelead, Merestone, Priya Parthasarathy, and Bavanam Srujana.

The valuation of VilFresh is $2.77M as of Mar 2022.

VilFresh operates through Laymen Agro Ventures Private Limited.

The legal entities of VilFresh currently have 3 directors, including Selvakumar Varadharajan, Sharmila Selvakumar, Sudip Nandy.

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