Lo! Foods

Lo! Foods

Onlinr brand offering low-carb keto-friendly foods

Founded

2018

Headquarters

Bengaluru (India)

Status

Series B

Company Details

Website

Socials

Email

Phone

+91 - 8431237920

Lo! Foods makes stuff like low-carb snacks and simple meals for folks trying to eat a bit healthier. It’s helpful if you're watching your weight or keeping an eye on sugar levels. Nothing fancy — just more protein, less sugar and ingredients you can actually understand. Their products are designed to support better nutrition without compromising on convenience or taste.

Core Product and Setvices

  • Flours that cut carbs: Good for keto diets.
  • Keto and Low-Carb Snacks: Indian snacks changed for low-carb diets. Like Keto Murukku and Bhujia.
  • Keto Cookies and Biscuits: Sugar-free cookies with protein. Coconut and almond flavors.
  • Meal Subscription Plans: Keto meals delivered to homes in big cities.
  • Cloud Kitchen Operations: Fresh keto meals cooked and sent from cloud kitchens.
  • Retail and Online Sales: Sold online and in some stores.

 Business Model and Revenue Streams

  • Cloud kitchens: Operates a mix of company-run and franchise kitchens to deliver freshly prepared meals.
  • Franchise model: Expands the kitchen network by teaming up with franchise partners for faster rollout.
  • Packaged product sales: Main revenue comes from items like flour, snacks, cookies and chocolates, sold online, in stores, and through quick delivery platforms.
  • Cloud kitchen sales: Revenue also comes from meal deliveries handled by the kitchen network.
  • Quick commerce: A big part of revenue (about 65% or more) comes through instant delivery services like Blinkit, Zepto and Swiggy Instamart.

Key People

Sudarshan Gangrade

Jitesh Shah

Key Metrics

Total Equity Funding

$11.6 Million

No. of Funding Rounds

13

Latest Funding Round

$3.5 Million, Series B

as of April 9, 2025

Post Money Valuation

$17.3 Million

as of April 9, 2025

Funding Multiple

1.49x

as of April 9, 2025

Investors

Ecosystem Ventures

and 4 more

Employee Count

81

Similar Companies

Bevzilla

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
April 9, 2025 Series B $3.5 Million$17.3 Million-- Rainmatter, Capital Code, Mount Judi Ventures, KPB Family Trust, Icebreaker
July 2, 2024Series A$1.2 Million$15.7 Million-- Anyaa Ventures, KPB Family Trust, Icebreaker Tech, Cc Cornerstone Sub Fund, Nabs Vriddhii
December 5, 2023Series A $804.0 K$20.9 Million$2.6 Million- Mount Judi Ventures, Anyaa Ventures, Waimea Bay Advisors
April 4, 2023Series A $496.0 K$7.0 Million$1.9 Million- Mount Judi Ventures, Simaaj Enterprise
November 3, 2022 Series A$2.0 Million$6.5 Million$1.7 Million-Mount Judi Ventures, Simaaj Enterprise
August 4, 2022Seed $354.0 K$4.4 Million$1.5 Million- KPB Family Trust, PCK Agri Ventures
March 3, 2022Seed $198.0 K$5.4 Million$1.3 Million-Neelanchal Edifice, Triton Trading
April 16, 2021Seed$1.0 Million$4.3 Million$699.0 K4.5x Chona Family Office, Ecosystem Ventures
January 29, 2021Seed $658.0 K$4.3 Million$563.0 K-Ecosystem Ventures, NISA Family Trust, Icebreaker Tech
December 19, 2018 Seed $500.0 K$2.8 Million-- Samyakth Capital, Samyakth Management Services

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