# Veganarke Enterprises Pvt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/veganarke-enterprises-pvt

- Industry: Food
- Headquarters: Bangalore, India
- Website: www.goodmylk.in
- Total disclosed funding: $1.3M
- Latest round: Seed (Sep 27, 2021)
- Investors on record: 6

## About

Veganarke Enterprises Pvt Ltd, based in India, specializes in innovative plant-based food products, providing nutritious alternatives for health-conscious consumers through its brand, Nourish You.Founded in 2015 and headquartered in Bangalore, India, Veganarke Enterprises Pvt Ltd focuses on delivering plant-based food solutions. The company has engaged in 4 deals, with its most recent deal occurring on December 12, 2023, during which Nutrivative Foods Pvt. Ltd. fully acquired it. The founders, Abhay Rangan and Radhika Datt, have played pivotal roles in shaping the company's vision. Following the acquisition, the leadership team, including Abhay Rangan, transitioned to Nutrivative Foods Pvt. Ltd. The company raised a total of INR 69.398 mn in its LATEST ROUND of funding, supported by investors such as AL trust, AngelList, BentoBox CMS, Inc., and Sustainable Food Ventures.Veganarke Enterprises Pvt Ltd, through its brand Nourish You, offers a diverse product line including dairy-free alternatives such as Peanut Curd and various millet-based milks, alongside specialty items like Black Chia Seeds, White Quinoa, and organic muesli blends. These products cater to a health-conscious audience, serving both Indian and international markets that demand vegan and gluten-free options.In the most recent year, 2023, Veganarke Enterprises Pvt Ltd reported a revenue of INR 336,185.4 and an EBITDA of INR -218,960.1. The company generates revenue from online sales and retail partnerships, utilizing a subscription model to offer products with flexible purchasing options, making healthy food choices accessible for consumers.Looking ahead, Veganarke Enterprises Pvt Ltd plans to leverage its recent acquisition by Nutrivative Foods Pvt. Ltd. to enhance its presence in the vegan food sector. The acquisition is aimed at supporting the expansion into new markets, focusing on increasing their product offerings and distribution capabilities. Although specific new product launches and release dates have not been disclosed, the integration into Nutrivative Foods is expected to facilitate broader market penetration, aiming to capture more of the growing demand for plant-based products.

## Funding rounds

- Seed, Sep 27, 2021, $0.9M — AngelList, BentoBox CMS, Inc., VegInvest Trust, Sustainable Food Ventures, AL trust
- Seed, Feb 13, 2020, $0.4M — Ginni International Limited, VegInvest Trust

## Investors

- Ginni International Limited — Seed
- VegInvest Trust (https://capitalatlas.ai/funds/veginvest-trust) — Seed
- AngelList — Seed
- BentoBox CMS, Inc. — Seed
- Sustainable Food Ventures (https://capitalatlas.ai/funds/sustainable-food-ventures) — Seed
- AL trust — Seed