Wonderchef

Wonderchef

Internet-first brand specializing in a diverse range of kitchen products across multiple categories

Founded

2009

Headquarters

Mumbai (India)

Status

Series C

Company Details

Website

Socials

Email

Phone

+91 70705 95959

Wonderchef is a kitchenware and home appliances Headquartered in Mumbai, the brand emerged from their shared love of cooking—and their desire to bring modern, high-quality kitchen solutions to Indian homes.Operating in India’s massive $3–5 billion kitchen appliances and cookware industry, Wonderchef occupies a niche between price‑driven alternatives and under‑informed imports. With over 600 SKUs, presence in 10,000+ retail outlets, 25 exclusive brand stores in India and Mauritius, a direct sales network of 70,000+ women entrepreneurs.

Core Products & Services

  • Cookware & Bakeware: Non-stick pans, tri-ply steel sets, lightened cast-iron cookware (Ferro), pressure cookers, casseroles, and kitchen tools for low-oil, nutrient-saving cooking.

  • Nutri‑Blend Mixer Grinder: A compact, high-speed blender that extracts maximum nutrition—a bestseller in India, blending smoothie and spice-grounding efficiency in one unit.

  • Chef Magic Kitchen Robot: An all-in-one cooking device that chops, steams, sautées and even cleans itself—ideal for busy households craving convenience without sacrificing taste.

  • Rentals (WondeRent): A rental service allowing customers—especially students and transient professionals—to rent appliances monthly, aligning with sustainable, subscription-led lifestyle choices.

Business Model & Revenue Streams

  • Direct Product Sales: The core revenue driver is branded cookware and appliances sold through their website, TV shopping shows, exclusive brand stores, multi-brand outlets, general trade and direct-to-home networks led by trained women entrepreneurs.

  • WondeRent Rental Service: This innovative offering allows customers to rent appliances on a monthly basis—a model designed for mobility-first millennials and those seeking affordability without compromise.

  • Omnichannel Retail & Franchise Network: Operating over 25 exclusive brand outlets, franchise stores in key cities and partnerships across 10,000+ retail points, Wonderchef blends physical presence with digital strength.

  • Exports & International Growth: Export sales make up about 5–7% of revenue today, with planned expansion into North America, Middle East and Southeast Asia as part of their ₹1,000 crore turnover goal within a few years

Key People

Ravi Saxena

Sanjeev Kapoor

Amit Tilekar

Pushpendra Baser

Aditya Agrawal

Key Metrics

Total Equity Funding

$49.8 Million

No. of Funding Rounds

4

Latest Funding Round

$20 Million, Series C

as of November 16, 2021

Post Money Valuation

$80.6 Milion

as of February 18, 2022

Funding Multiple

1.61

as of February 18, 2022

Investors

Sixth Sense Ventures

and 4 more

Employee Count

413

Similar Companies

Cello World

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
November 16, 2021Series C$20 Million$81 Million$34.3 Million1.8xSixth Sense Ventures, Anamudi Real Estates, Godrej Family Office, Malpani Products
June 20, 2018Series B$11.5 Million$65.5 Million$30.8 Million2.1xAmicus Capital Partners, LDI
June 25, 2015Series A$16.2 Million$46.2 Million$19.3 Million2.3xLDI,UC Capital,Capvent
May 29, 2014Seed$2.5 Million$19.1 Million-- Vervima Company, Prominvesco Cyprus

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