2020
Jaipur (India)
Seed
Eat Better Co. has rapidly emerged as a leading player in the direct-to-consumer healthy snacking space. The company is dedicated to redefining snack foods by offering a range of wholesome, natural and clean-label products that cater to the evolving tastes and health-conscious preferences of modern consumers. Its product portfolio includes dry fruit laddoos, roasted namkeens, nuts and seed mixes and other innovative snack options—all crafted with a focus on real ingredients and minimal processing.
Product portfolio: Millet namkeen, dry-fruit laddoos (no added sugar), nuts & seed mixes, assorted snack boxes
Product philosophy: Combines age-old food wisdom with modern nutritional needs, using carefully selected ingredients and obsessive hygiene standards
Concrete data point: Ultimate Snack Box (12 snacks) is a bestseller with 469 reviews as of 2025
Revenue model: Direct-to-consumer (D2C) e-commerce sales via own website and marketplaces
Revenue breakdown: Majority from online B2C sales; no public breakdown by product line or geography
Customer segmentation: Primarily B2C, targeting health-conscious individuals and families
Concrete data point: Free shipping on orders above ₹399
Key partners: Leverages its own e-commerce platform and likely collaborates with select marketplaces for wider reach
Marquee contracts: No publicized long-term contracts or joint ventures; focus is on building brand and customer loyalty
Client concentration risk: Well-diversified with a broad online customer base; no significant concentration risk
Commentary: Strong focus on customer satisfaction and repeat purchases (reflecting recent market trends)
Growth drivers: New product launches, expansion into new snack categories, scaling manufacturing capabilities
Risks and headwinds: Regulatory scrutiny on food safety, rising competition in healthy snacks, macroeconomic pressures
Management targets: Strengthening brand presence, enhancing product innovation, and expanding distribution
Capital-allocation priorities: Investment in manufacturing, marketing and technology to support growth
Concrete data point: Company valuation has reached ₹100 crore, reflecting strong investor confidence and growth potential
$2 Million
5
$1.99 Million, pre-Series A
as of April 9, 2025
$10.5 Million
as of February 7, 2025
5.25
as of February 7, 2025
Shiprocket
and 4 more56
VS Mani & Co
-
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
April 9, 2025 | pre-Series A | $1.99 Million | - | - | - | Prath Ventures and Spring Marketing Capital |
December 15, 2024 | Seed | $2.0 Million | - | - | - | Prath Ventures, Spring, C² Ventures, Diamond Group, Origami Creative |
October 11, 2023 | Seed | $352.0 K | $5.2 Million | $1.3 Million | - | C² Ventures, Origami Creative, Lepton Software, Quattro |
February 12, 2022 | Seed | $770.0 K | $3.2 Million | - | - | Mumbai Angels, Java Capital, Plan B capital, Capier Investments, Dominor, Rajtilak Mercantile, Bigfoot Retail Solutions, Appyhigh, x10x ventures, Wellfound, Diamond Group, LetsVenture, Black Swan Investment, Inc42, Plan B Capital Advisors, Asian Lubricants Pte Ltd, Mobavenue, Ms Diversified, Thetacma Ventures, Pragya Mercantile, Shiprocket, Diversifield, Bright Metals |
August 6, 2021 | Seed | Undisclosed | - | - | - | GetVantage |