# MonkSays Superfoods Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/monksays-superfoods-pvt

- Industry: Consumer Products
- Headquarters: Hyderabad, India
- Website: www.monksays.myshopify.com
- Total disclosed funding: $1.6M
- Latest round: Seed (Dec 8, 2021)
- Investors on record: 1

## About

MonkSays Superfoods Pvt Ltd specializes in providing innovative health-oriented food products that cater to the growing demand for nutritious and convenient options in the markets of retail and e-commerce.Founded in 2017, MonkSays Superfoods Pvt Ltd is based in Hyderabad, India, and focuses on developing health-focused food products to meet consumer needs. The company has secured significant funding, including a Seed round of INR 96.89 million on December 8, 2021, from 8i Ventures and other investors. The current valuation of the company stands at INR 447.056 million. The founders, Batuhan Kulaksiz, Srikanth Ch, and Varun Jampana, have collectively contributed to the company's strategic direction and growth in the competitive food sector.MonkSays Superfoods offers a diverse range of health-focused food products designed to meet specific consumer needs across various markets. Their primary offerings prioritize innovative solutions that enhance user experience and operational efficiency, resulting in offerings that cater to both individual consumers and businesses. The products are tailored to address user challenges, including improving online transaction efficiencies and enhancing customer engagement, serving an extensive customer base across North America, Europe, and parts of Asia.In the most recent fiscal year, MonkSays Superfoods reported a revenue of INR 2,738,689.70 with an EBITDA of INR 574,640.70. The company generates revenue through direct-to-consumer sales and potential B2B partnerships, utilizing subscription models for premium services that enhance customer experiences with flagship products, all while aligning pricing strategies with market standards for competitiveness.MonkSays Superfoods plans to leverage the INR 96.89 million raised in Seed funding to expand its product offerings and enter new markets. The company is actively developing new products tailored for health-conscious consumers with anticipated launches in 2024. There are also plans to expand into regions including Southeast Asia and the Middle East by late 2024, aiming to capture the growing demand for superfoods in these markets.

## Funding rounds

- Seed, Dec 8, 2021, $1.3M — 8i Ventures
- Seed, Dec 9, 2019, $0.3M — 8i Ventures

## Investors

- 8i Ventures (https://capitalatlas.ai/funds/8i-ventures) — Seed