2020
Mumbai (India)
Series A
Foodstrong is a Mumbai-based health and wellness brand, founded by Karishma Bhalla and Avartan Bokil and operated under Taramis Labs Private Limited. Foodstrong is on a mission to bridge India’s protein gap by making clean, nutritious and delicious protein-rich foods accessible to all. The company operates in the food and beverages industry, with a strong focus on functional nutrition and the protein supplement market.
Whey Protein Powders: Clean, flavored protein blends from grass-fed, antibiotic-free milk.
Ready-to-Drink Protein Shakes: Convenient, single-serve shakes for on-the-go nutrition.
Junior Protein Mixes: Protein supplements formulated for children’s growth and health.
Functional Supplements: Post-workout creatine, EAA and gut health solutions.
Single-Serve Sachets: Portable protein and nutrition packs for easy daily use.
Multi-Channel Availability: Sold via D2C website, e-commerce, quick commerce, modern retail and institutional partners.
Direct Sales (D2C): Sells products directly to consumers via its website and digital platforms, offering the full product range with exclusive deals.
E-commerce & Quick Commerce: Major revenue from online marketplaces (Amazon, Flipkart) and quick commerce platforms (Swiggy Instamart, Blinkit), reaching a wide audience seeking convenience and fast delivery.
Modern Trade & General Trade: Products are available in modern retail chains, corporate/college/hospital canteens and over 1,500 general trade outlets in cities like Mumbai, Pune, and Bangalore.
Institutional Partnerships: Revenue from large accounts and partnerships with leading foodservice, hospitality and healthcare brands for bulk supply and co-branded initiatives.
Product Innovation: Launching new flavors, functional supplements and junior protein mixes to capture emerging consumer needs and expand addressable market.
B2C (Primary): Fitness enthusiasts, athletes, working professionals, parents and children seeking clean, convenient protein solutions.
B2B: Institutions, canteens, hospitality and healthcare partners requiring bulk or co-branded nutrition products.
Retail & Distribution Expansion: Scaling presence in modern and general trade, as well as Q-commerce and e-commerce platforms.
Product Portfolio Diversification: Introducing new protein blends, functional supplements and junior nutrition products to meet evolving consumer needs.
Brand Building & Education: Investing in content, influencer partnerships and consumer education to raise awareness about the protein gap and healthy eating.
Institutional Partnerships: fExpanding collaborations with large foodservice and healthcare brands to drive bulk sales and brand visibility.
$4.05 Million
2
$3.1 Million, Series A
as of March 27, 2022
$10.9 Million
as of January 6, 2025
2.69x
as of January 6, 2025
Sequoia Capital
and 4 more26
VS Mani & Co
-
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
March 27, 2022 | Series A | $3.1 Million | $6.8 Million | $468.0 K | - | Duane Park, Vidyut Merchandise, CDM Capital, Anicut Capital, Rukam Capital, anaaholdings |
March 31, 2021 | Seed | $968.0 K | $5.6 Million | - | - | Stellaris Venture Partners, Sequoia Capital, Anicut Capital, Rukam Capital, Peak XV Partners, Angel List |
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