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Happilo

Food & Wellness · Premium dry fruits / nuts / snacks

Growth / PE-backedIndia
HQBengaluru, India
Founded2016
FoundersVikas D. Nahar, Dhanmal J. Nahar
RegionIndia

Financials

FY24 Revenue₹500 Cr (FY24 founder-claimed); MCA/Tracxn ₹331 Cr+
FY25 Revenuenot disclosed
YoY growth~50%+ YoY (claimed)
Profitabilityunverified

Channels & Distribution

Channel mix not disclosed.

D2C
Marketplace
Offline
Stores10

Tech stack

Primary stackShopify
Shopify share
Mobile appNo

Stack signals

Shopify (D2C)EasyEcom OMSAmazon (lead)Flipkart~15,000 GT storesModern tradeAirports

Analyst notes

Premium dry fruits/nuts/snacks. Amazon-led with Shopify D2C, ~15,000 GT stores, modern trade, airports, and ~10 EBO flagships. FY24 ₹500 Cr (founder-claimed) vs ₹331 Cr+ MCA-filed (Tracxn).

Confidence: directionalVerified 5 Jun 2026

Funding

Latest roundPE growth2022
Round size~₹200 Cr
Total raised~$47.9M
Valuation

Investors

Motilal Oswal PEA91 Partners

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