# BigSpoon Foods Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bigspoon-foods-private

- Industry: Food
- Headquarters: Ahmedabad, India
- Website: www.bigspoon.io
- Total disclosed funding: $13M
- Latest round: Series A (Aug 9, 2022)
- Investors on record: 8

## About

BigSpoon Foods Private Limited is a pioneering company focused on delivering innovative food solutions that enhance culinary experiences for consumers and businesses alike.Founded in 2019 and headquartered in Ahmedabad, India, BigSpoon Foods Private Limited specializes in food technology solutions. The company has undergone significant growth since its inception, marked by its Series A funding round, which raised INR 1000.00 mn led by Indian Angel Network. Co-founders Kapil Mathrani and Poojan Thakkar have extensive backgrounds in the food and beverage industry, contributing to the firm’s strategic direction. The company has secured a total of 9 investment deals to date.BigSpoon Foods offers a diverse range of food products tailored to meet the specific needs of its clients. Their offerings include advanced meal preparation technologies aimed at enhancing operational efficiency in restaurants and catering businesses. Key products are designed to streamline food preparation processes and improve overall customer satisfaction. The company serves a wide array of clients across North America, Europe, and parts of Asia, focusing on providing reliable and efficient culinary solutions.In 2022, BigSpoon Foods reported a revenue of INR 2,313,130.20, with an EBITDA of INR -2,001,132.90, reflecting the challenges faced in their initial growth phase.BigSpoon Foods Private Limited is actively developing new product lines expected to be launched by mid-2024, aimed at expanding their market reach. The company plans to enter additional markets in Europe and Southeast Asia within the next two years, leveraging their recent funding of INR 1000.00 mn to support these expansion initiatives. This funding will also be allocated towards enhancing product development and scaling operations to meet increasing demand.

## Funding rounds

- Series A, Aug 9, 2022, $13M — Indian Angel Network, Anicut Capital, LVX, NB Ventures, Argor, Grip Invest Technologies Private Limited
- Seed, Nov 30, 2019, $0.1M — LVX, Lemonade Ventures, Las Olas Capital Advisors
- Seed, Sep 30, 2019, $0M — LVX

## Investors

- LVX (https://capitalatlas.ai/funds/lvx) — Seed, Series A
- Lemonade Ventures — Seed
- Las Olas Capital Advisors (https://capitalatlas.ai/funds/las-olas-capital-advisors) — Seed
- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Series A
- Anicut Capital (https://capitalatlas.ai/funds/anicut-capital) — Series A
- NB Ventures (https://capitalatlas.ai/funds/nb-ventures) — Series A
- Argor (https://capitalatlas.ai/funds/argor) — Series A
- Grip Invest Technologies Private Limited — Series A
