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Food & Wellness · Subscription dairy / groceries

Series EIndia
HQGurugram, India
Founded2015
FoundersChakradhar Gade, Nitin Kaushal
RegionIndia

Financials

FY24 Revenue₹1,380 Cr (FY24) — 46% YoY
FY25 Revenuenot disclosed
YoY growth46% YoY FY24
Profitabilityloss-making

Channels & Distribution

D2C · 100%
D2C100%
Marketplace0%
Offline0%
Stores0

Tech stack

Primary stackCustom
Shopify share0%In-house: 100%
Mobile appYes

Stack signals

Custom PythonNginxAWS Route 53AppsFlyer (attribution)AI/IoT quality monitoring

CRM: AppsFlyer (attribution); custom

Analyst notes

100% own-app subscription dairy/groceries — bypasses marketplaces and offline retail. FY24 ₹1,380 Cr (+46%). Custom Python/AWS stack — NOT Shopify. $820M valuation at Temasek-led Series E 2025.

Confidence: verifiedVerified 5 Jun 2026

Funding

Latest roundSeries E2025
Round size$25M
Total raised~$221M+
Valuation~$820M2025

Investors

TemasekOrios Venture PartnersElevation CapitalMatrix PartnersAlteria Capital (debt)

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