# Maverix Platforms Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/maverix-platforms-pvt

- Industry: Internet
- Headquarters: Mumbai, India
- Website: www.maverix.in
- Total disclosed funding: $26M
- Latest round: Series C (Jan 25, 2021)
- Investors on record: 9

## About

Founded in 2015 by Shrikrishna Bharambe, Shripad Nadkarni, Varun Khanna and Abhijit Berde, and based in Mumbai, India, Maverix Platforms Pvt Ltd operates an online platform called Fingerlix that markets ready-to-cook food products. The company has 150 employees. 

In February 2019, the company raised INR 312 million in series C funding led by Bundl Technologies Private Limited with participation from Accel and Zephyr Management. In April 2020, the company raised INR 143 million in series C funding from Accel, Bundl Technologies Private Limited, RB Investments and Zephyr Management. In February 2021, the company raised INR 200 million in series C funding from Allana Group, Horizon Technology Finance Corporation, and Rhodium. 

The company’s food delivery app Fingerlix serves semi-cooked and chilled food prepared in a kitchen. The company allows customers to customize the dish as per their tastes and has options of both Ready-to-Cook & Ready-to-Eat foods. the company’s line of products includes Ready-to-Cook Parathas, Batters & Mixes, Curries & Sauces, Dals & Sides. 

Apart from Fingerlix, the company also operates other brands such as Canteen Central, Great Indian Khichdi, HomePlate, Meal Studio, Zippy Bowls and Happy Fix. The company provides supply chain and food tech aggregation services such as developing recipes, flexible cooking, cold chain logistics and hyper-local distribution points.

The company’s authorized share capital is INR 29.37 cr and the total paid-up capital is INR 28.59 cr. In 2019, the company’s net worth increased by 155.98 % and operating revenue ranged from INR 1 cr - 100 cr for the financial year. In 2019, the company's EBITDA decreased by -140.91 % compared to the previous year.

The company’s future strategy includes scaling up the team to enlarge its product lines and expanding into newer geographies.

## Funding rounds

- Series C, Jan 25, 2021, $3.4M — Accel, Horizon Technology Finance Corporation, Rhodium, Swiggy Limited, Allana Group
- Series C, Apr 20, 2020, $1.9M — Accel, Zephyr Management, Horizon Technology Finance Corporation, Swiggy Limited, RB Investments
- Series C, Feb 28, 2019, $5.9M — Accel, Zephyr Management, Swiggy Limited
- Series C, Feb 20, 2019, $5.3M — Accel, Zephyr Management, Swiggy Limited
- Series B, Jul 12, 2018, $4.8M — Accel, Zephyr Management, RB Investments, Alteria Capital
- Series B, Oct 16, 2017, $1.4M — Accel, Zephyr Management, Vistara Growth, Alteria Capital
- Series A, Apr 5, 2017, $3M — Zephyr Management

## Investors

- Zephyr Management (https://capitalatlas.ai/funds/zephyr-management) — Series A, Series B, Series C
- Accel (https://capitalatlas.ai/funds/accel) — Series B, Series C
- Vistara Growth — Series B
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series B
- RB Investments (https://capitalatlas.ai/funds/rb-investments) — Series B, Series C
- Swiggy Limited — Series C
- Horizon Technology Finance Corporation — Series C
- Rhodium (https://capitalatlas.ai/funds/rhodium) — Series C
- Allana Group — Series C