About Zipmeals
Zipmeals was a Consumer company based in Pune (India) founded in 2014. It operates a digital platform for ordering and delivering hand-crafted condiments. It operates on a B2C model. Its Indian entity First Degree Connections Private Limited reported revenue of ₹8.5 Lakh. The company is recorded as dissolved. Its focus areas include Food and Beverage, Food Delivery, Online Ordering and Condiment Services. Similar companies include Blinkit, Bigbasket and Swiggy; 3 of its 3 listed similar companies have raised funding.
Company details
Zipmeals, established in 2014 and currently in Dissolved stage, focuses on food and beverage, offering food delivery services, online ordering, and condiment services. Operates a digital platform for ordering and delivering hand-crafted condiments. Adapting to market demands with innovation and client-focused strategies.
- Headquarters Pune, India
- SectorsConsumer
- Website zipmeals.in
- Social Facebook
- Legal Name First Degree Connections Private Limited
- Date of Incorporation 27 May, 2014
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹8.5 Lakh
FY 2020 · +2617% YoY
- Net Profit₹2,132
FY 2020 · 0% margin
- EBITDA₹21,170
FY 2020 · 2% margin
Associated legal entities of Zipmeals
Zipmeals operates through First Degree Connections Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| First Degree Connections Private Limited CIN U72200PN2014PTC151310 | Active | 27 May 2014 | Pune, Maharashtra | ₹0.1 Cr | 2 | View details |
Board of directors of First Degree Connections Private Limited (Zipmeals)
First Degree Connections Private Limited is the primary company behind Zipmeals. The board of First Degree Connections Private Limited currently have 2 directors; the longest-serving is Arundhati Shreeram Kunte, appointed in 2014.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arundhati Shreeram Kunte DIN 06848016 | Director | 27 May 2014 | 12 yrs 5 mo | First Degree Connections Private Limited |
| Suneel Shrikrishna Patki DIN 06854075 | Director | 27 May 2014 | 12 yrs 5 mo | First Degree Connections Private Limited |
Financials of Zipmeals
Figures of First Degree Connections Private Limited, the primary company behind Zipmeals, for FY 2020. Revenue was ₹8.5 Lakh (+2617% year on year). Net profit was ₹2,132 (0% margin). EBITDA was ₹21,170 (2% margin). Revenue has grown at a compounded annual rate of +43% over three years and +52% over five years.
- ₹8.5 LakhRevenue · FY 2020 · +2617% YoY
- ₹2,132Net profit · 0% margin
- ₹21,170EBITDA · 2% margin
- ₹1 LakhPaid-up capital
- +43%Revenue CAGR, 3 years
- +52%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of First Degree Connections Private Limited are on its company page.
Detailed financial statements for Zipmeals
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Similar companies to Zipmeals
Zipmeals has 3 listed similar companies in our database, 3 of them funded. They include Blinkit, Bigbasket and Swiggy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blinkit.com | 2013 | Gurugram, India | $757.52M | 5,975 | Instant delivery of groceries and essentials is facilitated online. | |
| bigbasket.com | 2011 | Bengaluru, India | $943.07M | 22,095 | Personal and household products are delivered via an e-commerce platform. | |
| swiggy.com | 2014 | Bengaluru, India | $3.62B | 4,953 | Food and grocery items are ordered via an online network. |
Detailed similar companies of Zipmeals
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Top companies in Services for Restaurants
3 companies that operate in the same segment as Zipmeals (Services for Restaurants) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Offers handmade European comfort food using organic ingredients in multiple cafés. | Delhi, Delhi, India | USD 68.97 M | 3,138 | |||
Offers Indian sweets, snacks, ready-to-eat foods, and restaurant experiences globally. | 1990 | Delhi, Delhi, India | ||||
Cafe services, online food ordering, and delivery operations. | 2017 | Bengaluru, Karnataka, India | USD 1.68 B | 3,383 |
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Frequently Asked Questions about Zipmeals
Zipmeals was founded in 2014.
Zipmeals is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
The primary company behind Zipmeals, First Degree Connections Private Limited, reported revenue of ₹8.5 Lakh for FY 2020, up 2617% year on year.
Zipmeals, established in 2014 and currently in Dissolved stage, focuses on food and beverage, offering food delivery services, online ordering, and condiment services. Operates a digital platform for ordering and delivering hand-crafted condiments. Adapting to market demands with innovation and client-focused strategies.
Zipmeals operates through First Degree Connections Private Limited.
The legal entities of Zipmeals currently have 2 directors, including Arundhati Shreeram Kunte, Suneel Shrikrishna Patki.