# Snackible

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/snackible

- Industry: Food
- Headquarters: Mumbai, India
- Website: www.snackible.com
- Total disclosed funding: $1.4M
- Latest round: Seed (May 4, 2018)
- Investors on record: 2

## About

Snackible, based in India, produces and distributes a variety of health-focused snacks, offering nutritious options for health-conscious consumers looking for guilt-free snacking alternatives.Founded in 2015 by Aditya Sanghavi, Snackible, located in Mumbai, India, specializes in creating healthy snacks. The company has raised a total of INR 63.55 mn by February 2020, with the latest funding round led by ah! Ventures, contributing to their expansion efforts.Snackible specializes in the production of a diverse range of healthy snacks, including ragi chips, quinoa puffs, cookies, and nut-based snacks. These products cater to health-conscious consumers seeking guilt-free options for various occasions, such as office breaks and children's lunchboxes.In 2022, Snackible generated revenue of INR 1,421,551 with an EBITDA of INR -657,741. The company primarily earns revenue through direct-to-consumer sales, utilizing e-commerce platforms and partnerships with retailers to enhance customer acquisition.Looking ahead, Snackible plans to introduce new product lines aimed at increasing market share by 2023, along with exploring expansion into international markets. The recent funding of INR 16.00 mn raised in February 2020 will support these initiatives as the company aims to increase its footprint in health-conscious snack markets.

## Funding rounds

- Seed, May 4, 2018, $1.4M — Mumbai Angels, 1Crowd

## Investors

- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Seed
- 1Crowd (https://capitalatlas.ai/funds/1crowd) — Seed