About VnF
VnF is a company based in Mumbai (India) founded in 2018 by Sanjay Kumar Randhar, Sushil Chaudhary, and Atul Kumar.. VnF has raised $48.01 million across 5 funding rounds from investors including APAR, WestBridge Capital and Gujarat Venture Finance. The company has 8 employees as of April 04, 2024. VnF operates in a competitive market with competitors including WayCool, FarMart, Ninjacart, Pluckk and Vegrow, among others.
- Headquarter Mumbai, India
- Employees 8 as on 04 Apr, 2024
- Founders Sanjay Kumar Randhar, Sushil Chaudhary, Atul Kumar
- Stage Minicorn
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Sectors
RetailAgriculture
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Phone
*********
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Website
*********
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Social
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- Legal Name Vnf Ideas Private Limited
- Date of Incorporation 28 Mar, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$11.67 M (USD)-12.29as on Mar 31, 2023
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Net Profit
$-16.24 M (USD)34.93as on Mar 31, 2023
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EBITDA
$-17.29 M (USD)30.69as on Mar 31, 2023
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Total Equity Funding
$48.01 M (USD)
in 5 rounds
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Latest Funding Round
$6.38 M (USD), Series C
Jul 07, 2022
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Investors
APAR
& 34 more
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Employee Count
8
as on Apr 04, 2024
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Funding Insights of VnF
VnF has successfully raised a total of $48.01M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $6.38 million completed in July 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 Total Funding
- Total Rounds 5
- Last Round Series C — $6.4M
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First Round
First Round
(06 May 2019)
- Investors Count 35
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series C - VnF | Valuation | Sangeet Kumar | |
| Oct, 2021 | Amount | Series B - VnF | Valuation | WestBridge Capital | |
| Jun, 2021 | Amount | Series A - VnF | Valuation | Sixth Sense Ventures |
| 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 VnF
VnF has secured backing from 35 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include APAR, WestBridge Capital and Gujarat Venture Finance. 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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Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
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Founded Year | Domain | Location | |
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Venture capital fund investing in consumer-focused startups in India.
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Founded Year | Domain | Location | |
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Venture capital is provided by the firm across multiple sectors.
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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 VnF
| 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 |
Financial Statements - VnF
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Vnf Comparisons
Competitors of VnF
VnF 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 WayCool, FarMart, Ninjacart, Pluckk and Vegrow, 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 food supply chain management and farming solutions.
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| domain | founded_year | HQ Location |
SaaS-based B2B solutions for food supply chains are provided.
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| domain | founded_year | HQ Location |
B2B platform offering vegetables and fruits
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| domain | founded_year | HQ Location |
Fresh produce and prepared meal kits are delivered online.
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| domain | founded_year | HQ Location |
Online B2B marketplace that connects farmers with businesses to supply fresh produce
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| domain | founded_year | HQ Location |
Farm-based fruits and vegetables are delivered via an online platform.
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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 VnF
When was VnF founded?
VnF was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is VnF located?
VnF is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of VnF?
Atul Kumar is the current CEO of VnF. They have also founded this company.
Is VnF a funded company?
VnF is a funded company, having raised a total of $48.01M across 5 funding rounds to date. The company's 1st funding round was a Series A of $10.27M, raised on May 06, 2019.
How many employees does VnF have?
As of Apr 04, 2024, the latest employee count at VnF is 8.
What is the annual revenue of VnF?
Annual revenue of VnF is $11.67M as on Mar 31, 2023.
What does VnF do?
VnF was founded in 2018 and is headquartered in Mumbai, India. A digital platform is operated to link farmers directly with retailers and customers in the agricultural sector. Produce delivery is managed efficiently and transparently, with attention given to maintaining freshness and quality. The interval between harvesting and consumption is shortened, supporting streamlined operations in the supply chain.
Who are VnF's investors?
VnF has 35 investors. Key investors include APAR, WestBridge Capital, Gujarat Venture Finance, Orpat Group, and Sixth Sense Ventures.
What is VnF's valuation?
The valuation of VnF is $98.89M as of Jul 2022.
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