# Our Food Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/our-food-pvt

- Industry: Agribusiness
- Headquarters: Visakhapatnam, India
- Website: www.ourfood.co.in
- Total disclosed funding: $5.8M
- Latest round: Series A (Apr 10, 2022)
- Investors on record: 2

## About

Our Food Pvt Ltd is a company dedicated to providing comprehensive digital solutions, specializing in website development and management for small to medium-sized enterprises and individual entrepreneurs.Founded in 2014 and headquartered in Visakhapatnam, India, Our Food Pvt Ltd focuses on digital solutions and has pivoted its business strategy to enhance its offerings in website building and management. The company is led by CEO Bala Reddy, who has a strong background in the industry. Most recently, the company completed its Series A funding round on April 10, 2022, raising INR 441.56 million from investors including 3Lines Venture Capital and Capital 4 Development Group, bringing the total amount raised to INR 441.56 million and current company valuation to INR 4126.569 million.Our Food Pvt Ltd offers a range of digital solutions designed to support small to medium-sized enterprises and entrepreneurs. Their core offerings include website building tools, customizable templates, and integrated marketing services such as search engine optimization (SEO) and social media management, facilitating professional online presences with user-friendly interfaces. The company markets its products globally, with a notable presence in North America, Europe, and parts of Asia, catering to diverse customer bases from local businesses to larger commercial entities.In the most recent fiscal year of 2020, Our Food Pvt Ltd reported a revenue of INR 2,458,725.2 and an EBITDA of INR 155,557.1. The company's revenue model is subscription-based, wherein clients pay recurring fees for different service tiers, accommodating both individuals and businesses. This structured pricing strategy ensures a consistent revenue stream while allowing customers to scale according to their needs, with additional services like domain registration further contributing to their revenue.Following the Series A funding round closed on April 10, 2022, in which Our Food Pvt Ltd raised INR 441.56 million, the company plans to utilize these funds for business growth. This includes designing and launching new products aimed at enhancing digital services. Furthermore, the company has plans for geographic expansion into additional markets, specifically targeting regions in Asia and Europe, to diversify its customer base. The strategic deployment of funds will support these initiatives, ensuring the company continues to grow its footprint in the digital solutions sector.

## Funding rounds

- Series A, Apr 10, 2022, $5.8M — Capital 4 Development Group, 3Lines Venture Capital

## Investors

- Capital 4 Development Group (https://capitalatlas.ai/funds/capital-4-development-group) — Series A
- 3Lines Venture Capital (https://capitalatlas.ai/funds/3lines-venture-capital) — Series A
