Zasket

Vijayawada, India Founded: 2020 • Age: 6 yrs
Online retailer offering fruits and vegetables

About Zasket

Zasket is a Retail company based in Vijayawada (India) founded in 2020 by Rama Reddy Tamanampudi. Online retailer offering fruits and vegetables. Zasket has raised $206.11 thousand across 2 funding rounds from investors including Orbit Startups. The company has 1 employees. Its chief executive, as recorded, is Rama Reddy Tamanampudi. Its Indian entity Zasket Technologies Private Limited reported revenue of β‚Ή1.20 Cr. Its focus areas include Food and Agriculture Tech, Online Grocery, B2C Ecommerce and Fruits and Vegetables. Its competitors include Blinkit, Bigbasket and Swiggy; 3 of its 3 listed competitors have raised funding.

Company details

Zasket was founded in 2020 and is based in Vijayawada, India. Operations focus on online retail of fruits and vegetables at wholesale prices, with free delivery provided. Mobile applications for Android and iOS are offered to support customer access. Expansion to other tier-1 and tier-2 cities in India is underway, positioning the company within the e-commerce grocery sector.

  • Headquarters Vijayawada, India
  • Employees 1
  • Founders Rama Reddy Tamanampudi
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website zasket.in
  • Social X
  • Legal Name Zasket Technologies Private Limited
  • Date of Incorporation 25 Aug, 2021
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹1.20 Cr

    FY 2022

  • Net Loss
    -₹99.4 Lakh

    FY 2022 · -83% margin

  • EBITDA
    -₹99.4 Lakh

    FY 2022 · -83% margin

  • Total Equity Funding
    $206.11K (USD)

    in 2 rounds

  • Latest Funding Round
    $206.11K (USD), Seed

    Oct 2021

  • Investors
  • Employee Count
    1

Funding Insights of Zasket

Zasket has successfully raised a total of $206.11K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $206.11 thousand completed in October 2021. 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 $206,107
  • Total Rounds 2
  • Last Round Seed β€” $206,107
  • Investors Count 1

All 2 funding rounds of Zasket with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2021$206,107Seed––
–
Jun 2021Seed–Orbit Startups
–
Valuation history

1 investors in total: 1 institutional.

Investors in Zasket

Zasket has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Orbit Startups.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Startups are incubated across sectors without restrictions.
orbitstartups.comShanghai, China
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Investor details for Zasket

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  • Complete investor list
  • Round participation
  • Investor portfolios
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Board of directors of Zasket Technologies Private Limited (Zasket)

Zasket Technologies Private Limited is the primary company behind Zasket. The board of Zasket Technologies Private Limited currently have 2 directors; the longest-serving is Sri Rama Reddy Tamanampudi, appointed in 2021. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Sri Rama Reddy Tamanampudi
DIN 09293611
Director25 Aug 20215 yrs 2 moZasket Technologies Private Limited
Satya Sai Kommireddy
DIN 09293713
Director25 Aug 20215 yrs 2 moZasket Technologies Private Limited

People of Zasket

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

NameRoleGroup
Co-Founder & CEOLeadership
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Complete people profiles for Zasket

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  • Team structure
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Financials of Zasket

Figures of Zasket Technologies Private Limited, the primary company behind Zasket, for FY 2022. Revenue was ₹1.20 Cr. Net loss was -₹99.4 Lakh (-83% margin). EBITDA was -₹99.4 Lakh (-83% margin).

  • ₹1.20 CrRevenue · FY 2022
  • -₹99.4 LakhNet loss · -83% margin
  • -₹99.4 LakhEBITDA · -83% margin
  • ₹1.1 LakhPaid-up capital

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

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Detailed financial statements for Zasket

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
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  • Downloads

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Timeline of Zasket

3 dated milestones of Zasket across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Zasket is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed, of $206K.

Competitors of Zasket

Zasket has 3 listed competitors in our database, 3 of them funded. They include Blinkit, Bigbasket and Swiggy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
blinkit.com2013Gurugram, India$757.52M5,975
Instant delivery of groceries and essentials is facilitated online.
bigbasket.com2011Bengaluru, India$943.07M22,095
Personal and household products are delivered via an e-commerce platform.
swiggy.com2014Bengaluru, India$3.62B4,953
Food and grocery items are ordered via an online network.
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Detailed competitors of Zasket

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  • Operating metrics
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  • Competitive positioning

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Top companies in Food & Grocery Retail

3 companies that operate in the same segment as Zasket (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.51 B4,488
Personal and household products are delivered via an e-commerce platform.
2011Bengaluru, Karnataka, IndiaUSD 943.07 MUSD 1.17 B22,095
Quick-commerce platform delivering groceries, household essentials and other everyday products in India.
2013Gurugram, Haryana, IndiaUSD 757.12 M11,913
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Frequently Asked Questions about Zasket

Zasket was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Zasket is headquartered in Vijayawada, India. It is registered at Vijayawada, Andhra Pradesh, India.

Rama Reddy Tamanampudi is the CEO of Zasket, as recorded in our data. They have also founded this company.

Zasket is a funded company, having raised a total of $206.11K across 2 funding rounds to date.

Zasket has 1 employees.

The primary company behind Zasket, Zasket Technologies Private Limited, reported revenue of β‚Ή1.20 Cr for FY 2022.

Zasket was founded in 2020 and is based in Vijayawada, India. Operations focus on online retail of fruits and vegetables at wholesale prices, with free delivery provided. Mobile applications for Android and iOS are offered to support customer access. Expansion to other tier-1 and tier-2 cities in India is underway, positioning the company within the e-commerce grocery sector.

Zasket's top competitors include Swiggy, Bigbasket and Blinkit.

Zasket has 1 investor. Key investors include Orbit Startups.

Zasket operates through Zasket Technologies Private Limited.

The legal entities of Zasket currently have 2 directors, including Sri Rama Reddy Tamanampudi, Satya Sai Kommireddy.

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