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Ace Blend - About the company

Ace Blend is a seed company based in Mumbai (India), founded in 2018 by Shivam Hingorani. It operates as a Manufacturer of plant protein powders and functional health supplement blends. Ace Blend has raised $4.48M in funding from investors like Bio-gen, Shubham and Fireside Ventures, with a current valuation of *****. The company has 82 active competitors, including 9 funded and 4 that have exited. Its top competitors include companies like OZiva, Wellbeing Nutrition and Plix.

Company Details

Manufacturer of plant protein powders and functional health supplement blends. Products include protein powders derived from rice and peas, alongside various nutritional supplements such as creatine, multivitamins, omega fatty acids, magnesium, and mushroom-based concentrates. The business also provides fiber supplements, probiotic formulations, and herbal extracts designed for dietary support. These items are processed and packaged for individual consumption to assist with daily nutritional requirements.
Social
Facebook
Email ID
*****@aceblend.com
Phone Number
+91 **********
Registered Address
1412, Tower A, One Lodha Place, Senapati Bapat Marg, Lower Parel, Delisle Road, Mumbai, Mumbai, Maharashtra, India, 400013
Key Metrics
Founded Year
2018
Location
Mumbai, India
Stage
Seed
Total Funding
$4.48M in 7 rounds
Latest Funding Round
Post Money Valuation
***** as on Jun 30, 2025
Investors
Ranked
Annual Revenue
₹12.6Cr as on Mar 31, 2025
Employee Count
45 as on Mar 31, 2026
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Ace Blend's funding and investors

Ace Blend has raised a total funding of $4.48M over 7 rounds. Its first funding round was on Sep 16, 2022. Its latest funding round was a Seed round on Jun 30, 2025 for $*****. 1 investor participated in its latest round. Ace Blend has 7 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Ace Blend:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 30, 2025
4050121
Seed
2635250
3179787
4817812
7156214
Dec 13, 2024
2395024
Seed
1854445
6009372
1340561
Nov 28, 2024
2319014
Angel
4522332
3811784
5637616
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Ace Blend's founders and board of directors

Founder? Claim Profile
The founders of Ace Blend is Shivam Hingorani. Shivam Hingorani is the CEO of Ace Blend.
Here are the details of Ace Blend's key team members:

Ace Blend's Board of Directors

Ace Blend's board has 5 active members. Shivam Hingorani, Dipanjan Basu and Harsh Kumar Dugar are part of team and Saif Mehkri and Ashish Kumar Jajodia are independent board members.
Here is the list of Ace Blend's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 4m
Team
-
Current
1y 2m
Investor
-
Current
0y 8m
Independent board member
-
Current
0y 8m
zo{vxer
Independent board member
-
Current
7y 8m

Ace Blend's employee count trend

Ace Blend has 45 employees as of Mar 26. Here is Ace Blend's employee count trend over the years:
Employee count trend for Ace Blend
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Ace Blend's Competitors and alternates

Top competitors of Ace Blend include OZiva, Wellbeing Nutrition and Plix. Here is the list of Top 10 competitors of Ace Blend, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for OZiva
OZiva
2010, Mumbai (India), Acquired
Provider of nutritional food and health supplements
$17.3M
72/100
2nd
Logo for Wellbeing Nutrition
Wellbeing Nutrition
2019, Mumbai (India), Acquired
Provider of organic whole-food nutritional supplements
$16.7M
68/100
3rd
Logo for Plix
Plix
2018, Thane (India), Acquired
Online brand offering nutritional supplements
$11.1M
65/100
4th
Logo for Cosmix
Cosmix
2019, Bengaluru (India), Acquired
Brand of superfood powder
$121K
-
55/100
5th
Logo for Ace Blend
Ace Blend
2018, Mumbai (India), Seed
Manufacturer of plant protein powders and functional health supplement blends
$4.48M
53/100
6th
Logo for What’s Up Wellness
What’s Up Wellness
2020, Gurugram (India), Seed
Online platform for the purchase of wellness supplements
$3.78M
51/100
7th
Logo for BetterAlt
BetterAlt
2022, Mumbai (India), Seed
Internet first brand of mushroom coffee, millet & beet root powder
$297K
49/100
8th
Logo for Miduty
Miduty
2020, Jalandhar (India), Unfunded
Provider of nutraceutical supplements and online health consultations
-
-
49/100
9th
Logo for Dr.Morepen
Dr.Morepen
2001, Delhi (India), Unfunded
Remote healthcare monitoring devices
-
-
48/100
10th
Logo for Molecules
Molecules
2023, Thrissur (India), Unfunded
Provider of nutrition and health solutions through supplements
-
-
46/100
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Ace Blend's Latest cap tables and shareholding

Founders own 25.92%, Funds own 19.04%, Enterprises (largest shareholder) own 44.00% and Angels own 4.35%. The net worth of Ace Blend's founders is INR 25.2Cr as of Jun 30, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
25.92%
25.2Cr
9314303
1759373
9608186
1805197
3346360
9635069
1124108
5879041
7373711
2967713
Fund
19.04%
18.5Cr
8095392
2897960
7552411
2134637
2134871
5322100
3411852
2632174
9082682
2072815
Enterprise
44.00%
42.7Cr
4285077
5364111
3144270
2465664
Angel
4.35%
4.23Cr
3539
7137
3822
1633
5
1
8
2
8
7
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other People
2.88%
2.8Cr
86
30
55
39
ESOP Pool
3.81%
3.7Cr
985
350
281
865
Total
100.00%
97.2Cr
7353023
2934705
7634130
1876503
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Ace Blend's Shareholding

Ace Blend's Investments and acquisitions

Ace Blend has made no investments or acquisitions yet.

News related to Ace Blend

Media has covered Ace Blend for a total of 2 events in the last 1 year.
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FAQs about Ace Blend

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