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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.
Social
XFacebook
Email ID
*****@deep-rooted.co
Part Of
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
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2024
Employee Count
73 as on Apr 30, 2026
Similar Companies
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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:lockFilter 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
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Deep Rooted's founders and board of directors

Founder? Claim Profile
Here are the details of Deep Rooted's key team members:

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

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:
Employee count trend for Deep Rooted
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for KisanKonnect
KisanKonnect
2020, Ahmednagar (India), Series A
Provider of direct-to-consumer fresh produce platform
$25.4M
74/100
2nd
Logo for Handpickd
Handpickd
2022, Gurugram (India), Series A
Online retailer of pesticide-free and plastic-free fresh fruits and vegetables
$22.5M
66/100
3rd
Logo for VegEase
VegEase
2018, Gurugram (India), Unfunded
Online retailer offering farm based fruits and vegetables
-
-
53/100
4th
Logo for FreshWorld
FreshWorld
2012, Bengaluru (India), Seed
Tech-enabled street vendor of farm-fresh fruits and vegetables
$2.48M
52/100
5th
Logo for Deep Rooted
Deep Rooted
2018, Bengaluru (India), Deadpooled
Online platform offering farm-based fruits and vegetables
$24.5M
51/100
6th
Logo for Fraazo
Fraazo
2016, Mumbai (India), Series B
Online platform offering direct to consumer delivery of farm fresh fruits
$68.2M
50/100
7th
Logo for KisanServ
KisanServ
2015, Pune (India), Seed
Chains providing fresh produce through physical stores and online platform
$2.94M
-
49/100
8th
Logo for Gourmet Garden
Gourmet Garden
2018, Bengaluru (India), Deadpooled
Online retailer of premium organic groceries and fresh produce
$9.64M
49/100
9th
Logo for Bhoomi Farms
Bhoomi Farms
2018, Bengaluru (India), Unfunded
Online retailer offering vegetables
-
-
48/100
10th
Logo for Origin Fresh
Origin Fresh
2024, Bengaluru (India), Seed
Platform offering farm-fresh fruits and vegetables to consumers
$4.13M
48/100
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Deep Rooted's Latest cap tables and shareholding

Founders own 25.06%, Funds (largest shareholder) own 63.85%, Angels own 6.31% and ESOP Pool own 3.87%. The net worth of Deep Rooted's founders is INR 72.3Cr as of Sep 10, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
25.06%
72.3Cr
7888205
4823007
7957046
4379103
9546406
2757178
5007377
6526860
6600643
5233022
6310060
7871261
8453764
1966706
8793152
1849663
102100
714577
149245
564063
549630
940978
19
14
38
64
31
33
Fund
63.85%
184Cr
2643737
4312869
8042306
6235388
7357628
1754856
6411859
4519388
2262495
8958778
4427698
8693412
1785629
2817171
9856904
5092271
0
0
0
0
0
0
0
0
0
0
0
0
Angel
6.31%
18.2Cr
585846
748967
262469
688524
ESOP Pool
3.87%
11.2Cr
862
711
577
618
Total
99.09%
286Cr
9493147
8810183
5285749
6419394
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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 Deep Rooted's Shareholding

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:

News related to Deep Rooted

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