# The Green Snack Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-green-snack

- Industry: Food
- Headquarters: Mumbai, India
- Website: http://www.thegreensnackco.com
- Total disclosed funding: $2.5M
- Latest round: Series A (Feb 27, 2020)
- Investors on record: 2

## About

The Green Snack Co. specializes in producing innovative healthy snacks, focusing on plant-based options that cater to health-conscious consumers, providing nutritious alternatives to traditional snack foods.The Green Snack Co. was founded in 2015 in Mumbai, India. The company develops and markets a variety of health-oriented snack products. It was co-founded by Chetan Sharda, Jasmine Kaur, and Jasmine Sharda. Since inception, the company has secured a total of INR 56.82 mn in funding through 3 deals, with the most recent being a Series A round led by Mayfield Fund on February 27, 2020. The company has achieved a current valuation of INR 975.36 mn.The Green Snack Company specializes in providing a diverse range of healthy snack products aimed at health-conscious consumers. Their core offerings include a variety of plant-based snacks, such as nut mixes, seed blends, and dried fruit options. These products are formulated with an emphasis on natural ingredients, appealing to consumers seeking clean-label options that align with wellness trends. The company targets primarily North American and European markets, serving health-focused retailers, grocery chains, and direct consumers with nutritious snacking solutions.In 2019, The Green Snack Company reported a revenue of INR 994,135.90, with an EBITDA of INR -983,643.40, reflecting the company's financial position during that year. The revenue model is structured around direct-to-consumer sales and partnerships with retailers and wholesalers, optimizing their market presence and revenue-generating capabilities.The Green Snack Co. plans to utilize the INR 56.82 mn raised in its most recent funding round to expand its product line and geographic reach. The company is designing new snack offerings with a focus on expanding into markets across Asia and Europe by the end of 2023. The funds will help support product development and market entry strategies to enhance its presence in these targeted regions.

## Funding rounds

- Series A, Feb 27, 2020, $0.8M — Mayfield Fund, LVX
- Seed, Jul 27, 2017, $1.7M — Mayfield Fund

## Investors

- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Seed, Series A
- LVX (https://capitalatlas.ai/funds/lvx) — Series A