
About Foodtech Ventures Private Limited
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Foodtech Ventures Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Wgg Ventures Private Limited and recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2020PTC090653. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹23.33 Lakh. It is led by directors Ashutosh Mahindru and Sadhna Mahindru.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 336 2nd Floor S.F Udyog Vihar Phase – IV, Gurgaon, Haryana, India – 122015.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.32 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹2.11 Cr (net margin -426.8%) and EBITDA of -₹56.97 Lakh (EBITDA margin -115.5%). Revenue has grown at a compounded annual rate (CAGR) of 268% over three years.
The company is associated with 2 brands: Foodtech Ventures and Food Ventures. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending. The company has 6 deals on record (3 rights issues, 3 funding rounds), with disclosed funding of ₹10.73 Cr; the latest was in March 2022. Its 3 peer companies in the Ecommerce and Internet industry (Foodtech), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.) are compared by revenue, 3 smaller; the largest is Faroma Foodtech Private Limited with revenue of ₹40 Lakh.
Foodtech Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0039714). For more details, the company can be reached via its website foodventures.com.sg.
Company details
Recognitions & Rankings of Foodtech Ventures
- Category
- Small (2023-24)
- Udyam number
- UDYAM-HR-05-0039714
Contact details
Foodtech Ventures Private Limited's registered office is in Gurgaon, Haryana. Its website is foodventures.com.sg. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 336 2nd Floor S.F Udyog Vihar Phase – IV, Gurgaon, Haryana, India – 122015
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Foodtech Ventures Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Foodtech Ventures operates two associated brands: Foodtech Ventures and Food Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Platform offering food delivery solution for food businesses | foodtechventures.in | |
| Investing in and nurturing food tech startups focused on Asia. | foodventures.com.sg |
Business activity
The main business activity of Foodtech Ventures is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Foodtech Ventures Private Limited, buy the company report.
Financials of Foodtech Ventures Private Limited
FY 2024 filings availableFoodtech Ventures Private Limited reported revenue of ₹49.32 Lakh (down 53% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 53% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 268%. EBITDA fell 362% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹56.97 Lakh | |||
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| Net Profit (PAT) | -₹2.11 Cr | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -115.5% | |||
| Net Profit Margin | -426.8% | |||
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To see the full financial statements and ratios of Foodtech Ventures Private Limited, buy the company report.
Board of directors of Foodtech Ventures Private Limited
Foodtech Ventures has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashutosh Mahindru Also directs: Champak Textiles Private Limited, Advance Cosmetics Private Limited, Advance Surfactants Limitd and 5 more | Director | 20 May 2021 | 5 Years 5 Months | Current |
| Sadhna Mahindru | Director | 25 Feb 2021 | 5 Years 8 Months | Current |
Peer comparison
Foodtech Ventures Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Foodtech), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Foodtech Ventures Private Limitedthis company | ₹49.32 Lakh (FY 2024) | -₹2.11 Cr | -426.8% | -53.0% | Gurgaon, Haryana, India | |
| Faroma Foodtech Private Limited | ₹40 Lakh (FY 2022) | Mumbai, Maharashtra, India | ||||
| Grazie Foodtech Private Limited | ₹39.65 Lakh (FY 2024) | 4257.0% | Kolhapur, Maharashtra, India | |||
| Cuminz Foodtech Private Limited | ₹37.12 Lakh (FY 2022) | Nelmangala, Karnataka, India |
To see the full peer comparison of Foodtech Ventures Private Limited, buy the company report.
Auditor
Foodtech Ventures Private Limited is audited by MEHRA GOEL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHRA GOEL & CO | FY 2023 | 000517N |
Shareholding
The shareholding of Foodtech Ventures Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Foodtech Ventures Private Limited, buy the company report.
Deals & funding
Foodtech Ventures Private Limited has 6 deals on record (3 rights issues, 3 funding rounds), with disclosed funding of ₹10.73 Cr; the latest was in March 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹4.22 Cr | Investors: Paragon Greentech LLP , 3 individuals |
| Mar 2022 | Rights issue | ₹3 Lakh | Investors: WGG Ventures Private Limited |
| Jul 2021 | Funding round | ₹5.82 Cr | Investors: 4 individuals |
| Jun 2021 | Rights issue | ₹25 Lakh | Investors: 2 individuals |
| Mar 2021 | Rights issue | ₹14.6 Lakh | Investors: WGG Ventures Private Limited , 2 individuals |
To see the full deal history of Foodtech Ventures Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Foodtech Ventures Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Pirg Asset CL LLP | Pending |
| District court, South, Delhi | Civil suit | Filed against the company by M/S Supachaya Foods | Pending |
To see the full case history of Foodtech Ventures Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Foodtech Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Foodtech Ventures Private Limited has 1 active EPFO establishment as of Nov 11, 2026.
GST
Foodtech Ventures has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Foodtech Ventures Private Limited, buy the company report.
Recent activity
Foodtech Ventures Private Limited has 8 board changes on record since 2021: 2 appointments and 6 cessations. The latest: Mohit Khattar ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Foodtech Ventures is an active private limited company based in Gurgaon, Haryana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 November 2020 (6+ years old) and is registered under CIN U74999HR2020PTC090653.
Foodtech Ventures has 2 current directors:
- Ashutosh Mahindru - Director
- Sadhna Mahindru - Director
The latest financial statements of Foodtech Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2021 are in the company report.
No. Foodtech Ventures has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Foodtech Ventures is U74999HR2020PTC090653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foodtech Ventures has 2 court cases on record: 2 filed against it. 2 are pending.
Foodtech Ventures was incorporated on 03 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Haryana.
Foodtech Ventures has 6 deals on record (3 rights issues, 3 funding rounds), with disclosed funding of ₹10.73 Cr; the latest was in March 2022.
The peers of Foodtech Ventures by revenue are Faroma Foodtech Private Limited, Grazie Foodtech Private Limited, Cuminz Foodtech Private Limited, all in the Ecommerce and Internet industry (Foodtech), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Mohit Khattar ceased to be Additional Director on 30 Sep 2022. Ashutosh Mahindru ceased to be Additional Director on 31 Dec 2021. Sadhna Mahindru ceased to be Additional Director on 31 Dec 2021. Foodtech Ventures has 8 board changes on record in total.
Yes, Foodtech Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

