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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, 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 380 active competitors, including 32 funded and 1 that has exited. Its top competitors include companies like KisanKonnect, Handpickd and FreshWorld.

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
₹36.8Cr as on Mar 31, 2024
Employee Count
12 as on Dec 31, 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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 29, 2024
2722207
Series A
8253483
3922449
7351657
4555490
Dec 04, 2023
2956648
Conventional Debt
6367819
4750730
2263732
8159267
Sep 22, 2022
9216838
Series A
8648289
2572578
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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 employee count trend

Deep Rooted has 12 employees as of Dec 24. The total employee count is 14.0% lower than what it was in Dec 23. 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 FreshWorld. 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
64/100
3rd
Logo for FreshWorld
FreshWorld
2012, Bengaluru (India), Seed
Tech-enabled street vendor of farm-fresh fruits and vegetables
$2.48M
55/100
4th
Logo for Gourmet Garden
Gourmet Garden
2018, Bengaluru (India), Series A
Online retailer of premium organic groceries and fresh produce
$9.64M
53/100
5th
Logo for KSKT
KSKT
2020, Gurugram (India), Seed
Online platform offering multi-category grocery products from farm to home
$4.47M
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
51/100
7th
Logo for VegEase
VegEase
2018, Gurugram (India), Unfunded
Online retailer offering farm based fruits and vegetables
-
-
49/100
8th
Logo for Bhoomi Farms
Bhoomi Farms
2018, Bengaluru (India), Unfunded
Online retailer offering vegetables
-
-
48/100
9th
Logo for Falhari
Falhari
2015, Gurugram (India), Seed
Internet first brand offering fruit juices and bowl
$136K
48/100
10th
Logo for Deep Rooted
Deep Rooted
2018, Bengaluru (India), Deadpooled
Online platform offering farm-based fruits and vegetables
$24.5M
47/100
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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
2645421
4469743
8765688
2081850
7948223
6435640
9822759
8373029
6620150
1195929
9860934
7022178
9131829
3812363
1341641
9401189
111748
961327
477366
999762
287035
581401
27
48
23
29
52
44
Fund
63.85%
184Cr
6542798
5720032
8448048
6052883
7858779
2501638
5653731
7038682
6093827
3063427
3219244
3758052
5064362
8256182
3202903
6207118
0
0
0
0
0
0
0
0
0
0
0
0
Angel
6.31%
18.2Cr
744830
206858
783974
553937
ESOP Pool
3.87%
11.2Cr
591
919
124
219
Total
99.09%
286Cr
8058736
1140721
8186217
2258161
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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

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News related to Deep Rooted

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