Deep Rooted - About the company
Deep Rooted is a deadpooled company based in Bengaluru (India), founded in 2018 by Arvind Murali, Avinash Ramamurthy Beluru, Santhosh Narasipura and Gururaj Seshagiri Rao. It operates as an Online platform offering farm-based fruits and vegetables. Deep Rooted has raised $24.5M in funding from investors like Accel, Omnivore and Mayfield, with last known valuation of $*****. The company has 382 active competitors, including 29 funded and 1 that has exited. Its top competitors include companies like KisanKonnect, Handpickd and VegEase.
Company Details
Online platform offering farm-based fruits and vegetables . The product catalog includes including spinach, amaranthus, mint, coriander, lettuce, gourds, capsicum, cauliflower, broccoli, bananas, oranges, grapes, papaya, and more. Its mobile application is available on android and iOS platforms.
- Website
- deeprooted.co
- Email ID
- *****@deep-rooted.co
- Registered Address
- Prestige Terraces, Muncipal No.5/1, 3rd Floor Union Street, Bangalore-560001, Bangalore, Bangalore, Karnataka, India, 560001
Key Metrics
Founded Year
2018
Location
Bengaluru, India
Stage
Deadpooled
Total Funding
$24.5M in 9 rounds
Latest Funding Round
Last Known Valuation
$***** as on Sep 10, 2024
Ranked
5th among 382 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2024
Employee Count
73 as on Apr 30, 2026
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Legal entities associated with Deep Rooted
Deep Rooted is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CLOVER VENTURES PRIVATE LIMITED CIN: U74999KA2018PTC112837 , India, Active | May 04, 2018 | ₹10 - ₹50 Cr (As on Mar 31, 2024) | 17 (As on Feb 01, 2026) | |
HERBACEOUS RETAIL PRIVATE LIMITED CIN: U01100KA2020PTC135672 , India, Active | Jul 07, 2020 | ₹50 - ₹100 Cr (As on Mar 31, 2024) | 14 (As on Oct 01, 2024) |
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Deep Rooted's funding and investors
Deep Rooted has raised a total funding of $24.5M over 9 rounds. Its first funding round was on Dec 12, 2018. Its latest funding round was a Series A round on May 29, 2024 for $*****. 4 investors participated in its latest round. Deep Rooted has 8 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Deep Rooted:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 29, 2024 | 2728509 | Series A | 6902259 | 2653182 | 5126110 | 6929031 |
Dec 04, 2023 | 2561406 | Conventional Debt | 4788686 | 2667760 | 3293656 | 3526495 |
Sep 22, 2022 | 9823263 | Series A | 6929137 | 7402522 |
View details of Deep Rooted's funding rounds and investors
Deep Rooted's founders and board of directors
Founder? Claim ProfileThe founders of Deep Rooted are Arvind Murali, Avinash Ramamurthy Beluru, Santhosh Narasipura and Gururaj Seshagiri Rao.
Here are the details of Deep Rooted's key team members:
- Arvind Murali: Co-Founder of Deep Rooted. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Avinash Ramamurthy Beluru: Co-Founder of Deep Rooted. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Santhosh Narasipura: Co-Founder of Deep Rooted.
- Gururaj Seshagiri Rao: Co-Founder of Deep Rooted.
Deep Rooted's Board of Directors
Deep Rooted's board has 4 active members. Ashish Wadhwani, Arvind Murali, Avinash Ramamurthy Beluru and Gururaj Sheshagiri Rao are part of team.Here is the list of Deep Rooted's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 1m | |
Team | - | Current | 8y 1m | |
Team | - | Current | 8y 1m | |
Investor | - | Current | 3y 8m |
View details of Deep Rooted's Founder profiles and Board Members
Deep Rooted's employee count trend
Deep Rooted has 73 employees as of Apr 26. Here is Deep Rooted's employee count trend over the years:
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Deep Rooted's Competitors and alternates
Top competitors of Deep Rooted include KisanKonnect, Handpickd and VegEase. Here is the list of Top 10 competitors of Deep Rooted, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | KisanKonnect 2020, Ahmednagar (India), Series A | Provider of direct-to-consumer fresh produce platform | $25.4M | 74/100 | |
2nd | Online retailer of pesticide-free and plastic-free fresh fruits and vegetables | $22.5M | 66/100 | ||
3rd | Online retailer offering farm based fruits and vegetables | - | - | 53/100 | |
4th | FreshWorld 2012, Bengaluru (India), Seed | Tech-enabled street vendor of farm-fresh fruits and vegetables | $2.48M | 52/100 | |
5th | Deep Rooted 2018, Bengaluru (India), Deadpooled | Online platform offering farm-based fruits and vegetables | $24.5M | 51/100 | |
6th | Online platform offering direct to consumer delivery of farm fresh fruits | $68.2M | 50/100 | ||
7th | Chains providing fresh produce through physical stores and online platform | $2.94M | - | 49/100 | |
8th | Gourmet Garden 2018, Bengaluru (India), Deadpooled | Online retailer of premium organic groceries and fresh produce | $9.64M | 49/100 | |
9th | Bhoomi Farms 2018, Bengaluru (India), Unfunded | Online retailer offering vegetables | - | - | 48/100 |
10th | Origin Fresh 2024, Bengaluru (India), Seed | Platform offering farm-fresh fruits and vegetables to consumers | $4.13M | 48/100 |
Looking for more details on Deep Rooted's competitors? Click here to see the top ones
Deep Rooted's Investments and acquisitions
Deep Rooted has made no investments or acquisitions yet.
Reports related to Deep Rooted
Here is the latest report on Deep Rooted's geography:
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F2C brand Deep Rooted raises $12.5 mn in funding led by IvyCapBusiness Line•Sep 22, 2022•Deep Rooted, IvyCap Ventures, Accel, Omnivore and 3 others
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Ag-tech player Clover launches consumer brand for fruits, veggiesBusiness Line•Feb 25, 2021•Cloverventures, Deep Rooted
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