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Altco - About the company

Altco is a seed company based in Bengaluru (India), founded in 2020 by Sumair Sachdev, Rithwik Ramesh, Basanagouda Patil and Rohit Kalro. It operates as a Manufacturer of plant based milk products including oat and almond. Altco has raised $1M in funding from RB Investments and PKF Consulting Services, with a current valuation of *****. The company has 17 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Natturz, One Good and Oat Mlk.

Company Details

Manufacturer of plant based milk products including oat and almond. These beverages are produced from grains and nuts through soaking, blending, and straining processes. The product line includes various dairy alternatives formulated for consumption as substitutes for animal milk. These items are packaged for retail distribution and are available in multiple volume sizes.
Social
Facebook
Email ID
*****@alt.company
Phone Number
+91 **********
Registered Address
No.2, OLD NO.338, 4TH MAIN ROAD, SADASHIVANAGAR,
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Seed
Total Funding
$1M in 1 round
Latest Funding Round
Post Money Valuation
***** as on Mar 31, 2023
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
12 as on Jun 30, 2026
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Altco's funding and investors

Altco has raised a total funding of $1M over 1 round. Its latest funding round was a Seed round on Jun 01, 2022 for $*****. 5 investors participated in its latest round. Altco has 5 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Altco:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 01, 2022
6169666
Seed
3269849
2169332
5215415
3835832
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Altco's founders and board of directors

Founder? Claim Profile
The founders of Altco are Sumair Sachdev, Rithwik Ramesh, Basanagouda Patil and Rohit Kalro. Basanagouda Patil is the CEO of Altco.
Here are the details of Altco's key team members:

Altco's Board of Directors

Altco's board has 2 active members. Basana Gouda Mallana Patil and Rithwik Ramesh are part of team.
Here is the list of Altco's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 11m
Team
-
Current
4y 11m

Altco's employee count trend

Altco has 12 employees as of Jun 26. Here is Altco's employee count trend over the years:
Employee count trend for Altco
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Altco's Competitors and alternates

Top competitors of Altco include Natturz, One Good and Oat Mlk. Here is the list of Top 10 competitors of Altco, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Natturz
Natturz
2022, Delhi (India), Seed
Provider of plant-based dairy alternatives
$1.08M
47/100
2nd
Logo for Altco
Altco
2020, Bengaluru (India), Seed
Manufacturer of plant based milk products including oat and almond
$1M
41/100
3rd
Logo for One Good
One Good
2015, Bengaluru (India), Acquired
Online brand of dairy free products
$2.09M
39/100
4th
Logo for Oat Mlk
Oat Mlk
2021, Kanpur (India), Seed
Provider of plant-based oat milk company
$132K
-
36/100
5th
Logo for Adisoy
Adisoy
2003, Ludhiana (India), Unfunded
Soy Milk Products
-
-
32/100
6th
Logo for Oatey
Oatey
2021, Bengaluru (India), Seed
Internet first brand of plant-based milk
$3.06M
-
31/100
7th
Logo for Banter
Banter
2019, Hyderabad (India), Unfunded
Food company offering plant based dairy products
-
-
24/100
8th
Logo for 1Ness
1Ness
2019, Mumbai (India), Unfunded
Provider of plant-based vegan dairy alternatives
-
-
23/100
9th
Logo for Chetran Foods
Chetran Foods
1983, Pune (India), Deadpooled
Brand of multi-category dairy products
-
-
22/100
10th
Logo for Drupe
Drupe
2016, Delhi (India), Unfunded
Manufacturer of almond milk and immunity booster products for consumers
-
-
21/100
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Altco's Latest cap tables and shareholding

Founders (largest shareholder) own 61.13%, Funds own 11.70%, Enterprises own 7.04% and Angels own 7.71%. The net worth of Altco's founders is INR 18.2Cr as of Mar 31, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
61.13%
18.2Cr
6414801
1023625
2366604
1346655
1600370
8214917
4230486
6567601
7517149
3657845
6880234
1041353
1058065
2687741
1681468
7638038
Fund
11.70%
3.49Cr
4591184
4760880
1462641
6130579
470242
594264
109634
159796
964636
367225
Enterprise
7.04%
2.1Cr
6576910
4648821
1078586
8585556
Angel
7.71%
2.3Cr
4089674
5367299
3686967
3026402
Other People
2.35%
69.9L
75
95
53
82
ESOP Pool
10.07%
3Cr
4677565
2360631
1191790
6361215
Total
100.00%
29.8Cr
6026952
9080445
4819439
4580589
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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 Altco's Shareholding

Altco's Investments and acquisitions

Altco has made no investments or acquisitions yet.

Reports related to Altco

Here is the latest report on Altco's sector:

News related to Altco

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