About Zero Cow Factory
Zero Cow Factory is a Consumer company based in Surat (India) founded in 2020 by Sohil Kapadia and Parini Kapadia. Microbe-based milk proteins are produced via bioengineering and fermentation. Zero Cow Factory has raised $4.3 million across 2 funding rounds from investors including Brinc, Gujarat Venture Finance and pi Ventures. Zero Cow Factory was last valued at $10.68 million in April 2023. Its chief executive, as recorded, is Sohil Kapadia. Its Indian entity Heni Innovation Private Limited reported revenue of ₹1.37 Cr. Zero Cow Factory offers products and services including Animal-Free Milk Protein and A2 Milk Protein. Its focus areas include Food and Agriculture Tech, Food Tech, Novel Foods and Food Products. Its competitors include Alt Co, AgainDrinks and Natturz; 2 of its 3 listed competitors have raised funding.
Company details
Zero Cow Factory was founded in 2020 and is based in Surat, India. Operations center on the food technology sector, where milk proteins are replicated through bioengineering techniques and microbial fermentation. Microbe-based milk products and dairy alternatives are developed and supplied. The company addresses demand for sustainable, animal-free options in the dairy industry.
- Headquarters Surat, India
- Founders Sohil Kapadia, Parini Kapadia
- Stage Minicorn
- SectorsConsumer
- Phone•••• ••••
- Website zerocowfactory.com
- Social LinkedIn
- Legal Name Heni Innovation Private Limited
- Date of Incorporation 24 Feb, 2021
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹1.37 Cr
FY 2025 · -18% YoY
- Net Loss-₹3.80 Cr
FY 2025 · -277% margin
- EBITDA-₹2.85 Cr
FY 2025 · -207% margin
- Total Equity Funding$4.3M (USD)
in 2 rounds
- Latest Funding Round$4.04M (USD), Seed
Apr 2023
- InvestorsBrinc
& 6 more
Associated legal entities of Zero Cow Factory
Zero Cow Factory operates through Heni Innovation Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Heni Innovation Private Limited CIN U73200GJ2021PTC120542 | Active | 24 Feb 2021 | Surat, Gujarat | ₹1.4 Cr | 15 | 5 | View details |
Products & Services of Zero Cow Factory
Zero Cow Factory offers a comprehensive portfolio of products and services, including Animal-Free Milk Protein and A2 Milk Protein.
Produces real dairy proteins without animals using precision fermentation
Offers nutrient-dense protein for better digestibility and health benefits
Funding Insights of Zero Cow Factory
Zero Cow Factory has successfully raised a total of $4.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.04 million completed in April 2023. 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 $4.3M
- Total Rounds 2
- Last Round Seed — $4.04M
- First Round $260,133
(Nov 2022)
- Investors Count 7
All 2 funding rounds of Zero Cow Factory with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2023 | $4.04M | Seed | $10.68M | Green Frontier Capital, Gujarat Venture Finance | |
| Nov 2022 | $260,133 | Seed | $7.82M | Brinc |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2023 | $10.68M | •••••••• |
| Nov 2022 | $7.82M | •••••••• |
Last known valuation $10.68M (Apr 2023). 7 investors in total: 7 institutional.
Investors in Zero Cow Factory
Zero Cow Factory has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Brinc, Gujarat Venture Finance and pi Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in sustainable finance and climate tech industries. | 2021 | greenfrontiercapital.com | New York, United States | |
Venture capital investments are made in Indian startups across multiple sectors. | 1990 | gvfl.com | Ahmedabad, India | |
Deep-tech venture capital investments in early-stage companies. | 2016 | piventures.in | Bengaluru, India | |
Innovation in the agri-food industry is driven by Pascual Innoventures. | pascualinnoventures.com | |||
Venture platform bridging entrepreneurs with investors catalyzing innovation into solutions | 2014 | brinc.io | Hong Kong, China | |
Venture capital and private debt fund focused on climate, agrifood, health, AI, and multiple sectors | artesianinvest.com | Sydney, Australia | ||
Pasteurized yogurt products are supplied by Pascual in the Philippines. | pascualph.com | Makati, Philippines |
Investor details for Zero Cow Factory
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Heni Innovation Private Limited (Zero Cow Factory)
Heni Innovation Private Limited is the primary company behind Zero Cow Factory. The board of Heni Innovation Private Limited currently have 5 directors; the longest-serving is Parini Sohil Kapadia, appointed in 2021. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Parini Sohil Kapadia DIN 09079422 | Director | 24 Feb 2021 | 5 yrs 8 mo | Heni Innovation Private Limited |
| Sohil Kantilal Kapadia DIN 08657160 | Director | 24 Feb 2021 | 5 yrs 8 mo | Heni Innovation Private Limited |
| Shubham Sandeep DIN 06509167 | Nominee Director | 25 Apr 2023 | 3 yrs 6 mo | Heni Innovation Private Limited |
| Karan Deepak Mehta DIN 08123973 | Nominee Director | 28 Jun 2024 | 2 yrs 4 mo | Heni Innovation Private Limited |
| Saurabh Rajan Nair DIN 10112215 | Nominee Director | 28 Mar 2025 | 1 yr 7 mo | Heni Innovation Private Limited |
People of Zero Cow Factory
5 people are tracked at Zero Cow Factory (2 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Roopal Baraiya | HR Manager | Team |
Om Prakash Behera | Senior Human Resources Manager | Team |
Salomi Surani | Senior Research Associate | Team |
Complete people profiles for Zero Cow Factory
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Zero Cow Factory
Figures of Heni Innovation Private Limited, the primary company behind Zero Cow Factory, for FY 2025. Revenue was ₹1.37 Cr (-18% year on year). Net loss was -₹3.80 Cr (-277% margin). EBITDA was -₹2.85 Cr (-207% margin).
- ₹1.37 CrRevenue · FY 2025 · -18% YoY
- -₹3.80 CrNet loss · -277% margin
- -₹2.85 CrEBITDA · -207% margin
- ₹8.4 LakhPaid-up capital
- 15Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Heni Innovation Private Limited are on its company page.
Detailed financial statements for Zero Cow Factory
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Zero Cow Factory
4 dated milestones of Zero Cow Factory across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Zero Cow Factory is founded.
- Funding First funding round of $260K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $4.0M.
Competitors of Zero Cow Factory
Zero Cow Factory has 3 listed competitors in our database, 2 of them funded. They include Alt Co, AgainDrinks and Natturz.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| alt.company | 2020 | Bengaluru, India | $1M | Plant-based dairy products are sold online by Alt Co. | ||
| againdrinks.com | 2016 | Bengaluru, India | $682,281 | Brand specializing in almond, cashew, and dates milk. | ||
| natturz.com | 2022 | Delhi, India | Plant-based dairy alternatives are provided using nuts, oats, and coconut. |
Detailed competitors of Zero Cow Factory
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Zero Cow Factory
The website of Zero Cow Factory (zerocowfactory.com) receives about 9.5K visits a month.
- Monthly visits9.5K
▲ 427.7% vs previous month
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Zero Cow Factory (Food & Beverage Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.94 B | 6,750 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 |
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Related news about Zero Cow Factory
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Frequently Asked Questions about Zero Cow Factory
Zero Cow Factory was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Zero Cow Factory is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Sohil Kapadia is the CEO of Zero Cow Factory, as recorded in our data. They have also founded this company.
Zero Cow Factory is a funded company, having raised a total of $4.3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $260.13K, raised on Nov 2022.
The primary company behind Zero Cow Factory, Heni Innovation Private Limited, reported revenue of ₹1.37 Cr for FY 2025, down 18% year on year.
Zero Cow Factory was founded in 2020 and is based in Surat, India. Operations center on the food technology sector, where milk proteins are replicated through bioengineering techniques and microbial fermentation. Microbe-based milk products and dairy alternatives are developed and supplied. The company addresses demand for sustainable, animal-free options in the dairy industry.
Zero Cow Factory's top competitors include AgainDrinks, Alt Co and Natturz.
Zero Cow Factory offers Animal-Free Milk Protein and A2 Milk Protein.
Zero Cow Factory has 7 investors. Key investors include Brinc, Gujarat Venture Finance, pi Ventures, Green Frontier Capital, and Pascual Innoventures.
The valuation of Zero Cow Factory is $10.68M as of Apr 2023.
Zero Cow Factory operates through Heni Innovation Private Limited.
The legal entities of Zero Cow Factory currently have 5 directors, including Parini Sohil Kapadia, Sohil Kantilal Kapadia, Saurabh Rajan Nair and others.