FreshMenu - About the company
FreshMenu is a series C company based in Bengaluru (India), founded in 2014 by Rashmi Daga. It operates as an Online platform offering on-demand meals. FreshMenu has raised $45.2M in funding from investors like Lightspeed India, Zodius and Lightspeed Venture Partners, with a current valuation of $27.5M. The company has 121 active competitors, including 20 funded and 3 that have exited. Its top competitors include companies like Curefoods, Potful and Charcoal Eats.
Company Details
Online platform offering on-demand meals. It includes bowls, thali, sandwiches, desserts, breakfasts, burgers & rolls, biriyani, sides & beverages, all-day breakfast, and more on offers. The application allows customers to live track and schedule orders. Its mobile application is available on Android and iOS platforms.
- Website
- Social
- Email ID
- @freshmenu.com
- Phone Number
- +91
- Registered Address
- LEVEL-2, 'B' WING, INDIQUBE ASCENT, 4TH BLOCK, 100 FEET ROAD, KORAMANGALA BANGALORE , Bangalore Unclassified KA 560034
Key Metrics
Founded Year
2014
Location
Bengaluru, India
Stage
Series C
Total Funding
in 8 rounds
Latest Funding Round
Post Money Valuation
as on Apr 25, 2022
Investors
Ranked
3rd among
Annual Revenue
as on Mar 31, 2024
Employee Count
as on Feb 28, 2025
Similar Companies
Legal entities associated with FreshMenu
FreshMenu is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Aug 18, 2014 | $15.1M (as on Mar 31, 2024) | 433 (as on Apr 30, 2025) |
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FreshMenu's funding and investors
FreshMenu has raised a total funding of $45.2M over 8 rounds. Its first funding round was on Dec 08, 2014. Its latest funding round was a Series C round on Apr 01, 2022 for $18.9M. 3 investors participated in its latest round, lead by Florintree.
FreshMenu has 15 institutional investors including Lightspeed India, Zodius and Lightspeed Venture Partners. Panthera is the largest institutional investor in FreshMenu. Ganesh Krishnan and 4 others are Angel Investors in FreshMenu.
Here is the list of recent funding rounds of FreshMenu:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Apr 01, 2022 | $18.9M | Series C | 9740578 | 9420559 | Florintree, GrowthStory, and |
Jan 07, 2021 | $478K | Series B | 1030657 | 3903089 | |
Apr 20, 2020 | $394K | Series B | 2891186 | 6837799 | Lightspeed India, Zodius, and |
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FreshMenu's founders and board of directors
The founders of FreshMenu is Rashmi Daga. Rashmi Daga is the CEO of FreshMenu.
Here are the details of FreshMenu's key team members:
- Rashmi Daga: Founder & CEO of FreshMenu. They are also an angel investor in 5 startups and serve on the board of 1 company.Contact Info: and
FreshMenu's Board of Directors
FreshMenu's board has 5 active members. Mathew Cyriac, Amit Mehra, Rashmi Daga and are part of team and Rikin Milan Kapadia is independent board member.Here is the list of FreshMenu's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 3y 5m | |
jmxmuyo | Team | - | Past | 5y 9m |
Investor | - | Current | 9y 5m | |
b{ygxif | Investor | sswshll | Past | 4y 9m |
yanclbo | Investor | xwkebff | Past | 8y 2m |
Independent board member | - | Current | 2y 1m |
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FreshMenu's employee count trend
FreshMenu has 444 employees as of Feb 25. Here is FreshMenu's employee count trend over the years:
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FreshMenu's Competitors and alternates
Top competitors of FreshMenu include Curefoods, Potful and Charcoal Eats. Here is the list of Top 10 competitors of FreshMenu, ranked by 秘密研究所 score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | 秘密研究所 Score |
|---|---|---|---|---|---|
1st | Provider of a operator of a multi-brand cloud kitchen network | $175M | Brand Capital, Accel听&补尘辫;听 | 82/100 | |
2nd | Internet-first restaurant offering on-demand food products | $2.2M | MTR Foods听&补尘辫;听 | 61/100 | |
3rd | 2014, Bengaluru (India), Series C | Online platform offering on-demand meals | $45.2M | 61/100 | |
4th | Charcoal Eats 2015, Mumbai (India), Series A | Web and mobile based cloud restaurant | $9.77M | GetVantage, 听&补尘辫;听 | 56/100 |
5th | Behrouz Biryani 2016, Mumbai (India), Unfunded | Internet First Restaurant focusing on biryani and Indian cuisine | - | - | 55/100 |
6th |  House of Biryan 2022, Mumbai (India), Seed | Provider of premium biryani and accompanying dishes | $3.06M | Angel Star Ventures, Helios Holdings听&补尘辫;听 | 46/100 |
7th | Internet First Restaurant offering pizza and biryani | $8.04M | Smile Group, Orios Venture Partners听&补尘辫;听 | 45/100 | |
8th | On-demand internet first restaurants | $15.9M | Brand Capital, 听&补尘辫;听 | 44/100 | |
9th |  Moppfoods.com 2019, Gurugram (India), Seed | Provider of multi-brand cloud kitchen services featuring Indian cuisine | $612K | 43/100 | |
10th |  Terra Food 2017, Ahmedabad (India), Seed | Platform offering shared kitchen solutions for food businesses | $1.87M | LetsVenture, ah! Ventures听&补尘辫;听 | 40/100 |
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FreshMenu's Latest cap tables and shareholding
Founders (largest shareholder) own 50.39%, Funds own 14.32%, Enterprises own 25.46% and Other People own 5.55%. The net worth of FreshMenu's founders is INR 99.1Cr as of Apr 01, 2022.
Shareholders Name | Post Round Holding % | Net worth | Cumulative investment | Realised returns | Unrealised returns | Return multiple |
|---|---|---|---|---|---|---|
Founder | 50.39% | 99.1Cr | 6897646 | 6192462 | 7919970 | 9663105 |
8979254 | 9238538 | 3090305 | 2785127 | 2140365 | 8746284 | |
Fund | 14.32% | 37.9Cr | 1795975 | 7706467 | 8087467 | 8002062 |
9942 | 6904 | 2001 | 3610 | 3923 | 3585 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 25.46% | 50.1Cr | 5638035 | 8313892 | 3119006 | 7296530 |
Other People | 5.55% | 10.9Cr | 86577 | 32620 | 85327 | 59070 |
ESOP Pool | 4.28% | 8.42Cr | 2936 | 1729 | 9252 | 2722 |
Total | 100.00% | 206Cr | 2201115 | 9904085 | 8821964 | 5099108 |
To unlock detailed Cap Table of FreshMenu Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of FreshMenu's Shareholding
FreshMenu's Investments and acquisitions
FreshMenu has made no investments or acquisitions yet.
Reports related to FreshMenu
Here is the latest report on FreshMenu's sector:
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