Terra Food

Terra Food

Platform offering shared kitchen solutions for food businesses

Founded

2017

Headquarters

Ahmedabad (India)

Status

Seed

Company Details

Terra Food Co. is a multi-brand cloud kitchen company based in Ahmedabad, India, focused on providing accessible and affordable gourmet food to Tier 2 cities. Founded in 2017 by Sriram Nair, the company operates a network of hyperlocal cloud kitchens and leverages both online and offline platforms.

Key Highlights:

  • Concept: Terra Food Co. aims to provide niche and gourmet cuisine formats at affordable price points.

  • Founder: Sriram Nair, who also established Terra, a café introducing Ahmedabad to the farm-to-table concept in 2017.

  • Funding: Terra Food Co. has raised a total of $1.8 million. This includes $1 million in seed funding and $800,000 in Pre-Series A funding.

  • Investors: Investors include Faad Network, LetsVenture, Chennai Angels, Zero to One Fund, Twin & Bull Fund, and ah! Ventures.

  • Operations: Terra Food Co. processes 26,000 orders per month and generates a monthly recurring revenue of over INR 1 crore.

  • Expansion Plans: The company plans to expand to 25 cities with over 100 kitchens by 2025. Expansion includes venturing into Tier 2 cities like Baroda, Surat, Jodhpur, Indore, and Bhopal.

  • Brands: Terra Food Co. operates several brands, including Terra Gourmet, Sushito, Zeus Burger, Noodle Van, Aho Punjab, Pickup Meals, Jaani Maani Biryani, Papadum, and Hiit Meals.

  • Innovation: Terra Food Co. is launching innovative self-heating packaging.

Key People

Sriram Nair

Padmaraj Padmanabhan Pillai

Key Metrics

Total Equity Funding

$1.87Million

No. of Funding Rounds

2

Latest Funding Round

$800.0K, Seed

as of July 28, 2023

Post Money Valuation

$4.93Million

as of N/A

Funding Multiple

5.56

as of N/A

Investors

LetsVenture

and 4 more

Employee Count

31

Similar Companies

WAAYU App

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
July 28, 2023Seed$800.0K--- Zero To One Fund, Twin & Bull, Faad Capital, The Chennai Angels ,ah! Ventures, LetsVenture
May 27, 2022Seed$1.1Million$4.9Million$478.0K8.2x Faad Capital, The Chennai Angels, Agility Ventures, Bluehill Capital ,LetsVenture, Sajitsu Capital, Agico, Trading Managment, Cogent Innovations

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