Foodstrong - About the company
Foodstrong is a series A company based in Mumbai (India), founded in 2020 by Karishma Bhalla and Avartan Anil Bokil. It operates as a Retailer of whey proteins, plant proteins, and protein-based food mixes. Foodstrong has raised $4.68M in funding from investors like Duane Park, Angel List and Stellaris Venture Partners, with a current valuation of $*****. The company has 65 active competitors, including 15 funded and 5 that have exited. Its top competitors include companies like Yoga Bar, The Whole Truth Foods and OZiva.
Company Details
Retailer of whey proteins, plant proteins, and protein-based food mixes. It provides a variety of protein powders, including whey protein blends, isolates, and tasters, alongside plant-based options. It also offers protein pancake and dosa mixes, plus related items such as multivitamins, fish oil, and creatine.
- Website
- foodstrong.co
- Social
- Email ID
- *****@foodstrong.co
- Phone Number
- +91 **********
- Registered Address
- 1201, 12th Floor, Gala Altezza, Jayshankar, Yagnik Marg, Sion (West), Sion, Mumbai, Mumbai, Maharashtra, India, 400022
Key Metrics
Founded Year
2020
Location
Mumbai, India
Stage
Series A
Total Funding
$4.68M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 18, 2025
Investors
Ranked
12th among 65 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2026
Employee Count
23 as on Aug 31, 2025
Similar Companies
Legal entities associated with Foodstrong
Foodstrong is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
TARAMIS LABS PRIVATE LIMITED CIN: U24304MH2020PTC339109 , India, Active | Mar 20, 2020 | ₹10 - ₹50 Cr (As on Mar 31, 2026) | 20 (As on Apr 01, 2026) |
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Foodstrong's funding and investors
Foodstrong has raised a total funding of $4.68M over 3 rounds. Its first funding round was on Mar 31, 2021. Its latest funding round was a Series A round on Dec 04, 2024 for $*****. 7 investors participated in its latest round. Foodstrong has 14 institutional investors and 35 angel investors.
Here is the list of recent funding rounds of Foodstrong:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 04, 2024 | 3457700 | Series A | 4459498 | 5605438 | 4142311 | 7892118 |
Mar 27, 2022 | 5495938 | Series A | 7298716 | 5063478 | 1177020 | |
Mar 31, 2021 | 5692092 | Seed | 9948676 | 4685967 |
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Foodstrong's founders and board of directors
Founder? Claim ProfileThe founders of Foodstrong are Karishma Bhalla and Avartan Anil Bokil.
Here are the details of Foodstrong's key team members:
- Karishma Bhalla: Co-Founder of Foodstrong and founder of 2 other companies, REGEN and thebluesystem.com. They serve on the boards of 2 companies.Contact Info: 1 email address and 2 phone numbers
- Avartan Anil Bokil: Former Co-Founder of Foodstrong. Contact Info: 1 phone number
Foodstrong's Board of Directors
Foodstrong's board has 3 active members. Karishma Bhalla, Salil Ajay Bhargava and Hithendra Karadathodi Ramachandran are part of team.Here is the list of Foodstrong's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 6m | |
Investor | - | Current | 2y 6m | |
Investor | - | Current | 2y 1m |
View details of Foodstrong's Founder profiles and Board Members
Foodstrong's employee count trend
Foodstrong has 23 employees as of Aug 25. The total employee count is 23.0% lower than what it was in Aug 24. Here is Foodstrong's employee count trend over the years:
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Foodstrong's Competitors and alternates
Top competitors of Foodstrong include Yoga Bar, The Whole Truth Foods and OZiva. Here is the list of Top 10 competitors of Foodstrong, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Platform offering protein based food products | $23.6M | 76/100 | ||
2nd | The Whole Truth Foods 2019, Mumbai (India), Series D | Manufacturer of clean-label food products including protein powders, protein bars, muesli, and nut spreads | $71.7M | 76/100 | |
3rd | Provider of nutritional food and health supplements | $17.3M | 72/100 | ||
4th | Wellbeing Nutrition 2019, Mumbai (India), Acquired | Provider of organic whole-food nutritional supplements | $26.4M | 70/100 | |
5th | Online brand offering nutritional supplements | $5.06M | 66/100 | ||
6th | Manufacturer of performance nutrition supplements | $4.23M | 63/100 | ||
7th |  Kriya Therapeutics 2012, Redwood City (United States), Series D | Developer of therapeutic solutions for the treatment of diabetes | $938M | 62/100 | |
8th | Online retailer of assorted protein bars, wafers, and gift boxes | $938K | 60/100 | ||
9th | Manufacturer of protein-rich snacks and fermented yeast protein supplements | $8.52M | 57/100 | ||
10th | Brand of superfood powder | - | 53/100 | ||
12th |  Foodstrong 2020, Mumbai (India), Series A | Retailer of whey proteins, plant proteins, and protein-based food mixes | $4.68M | 46/100 |
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Financials of FoodstrongFY 26 Available
TARAMIS LABS PRIVATE LIMITED, the legal entity associated with Foodstrong, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of TARAMIS LABS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 14% in the last 1 year.
Financial Statement Summary
Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 2599 | 7571 | 1076 | 4755 | 5850 |
Total Sales | 9627 | 8763 | 9427 | 6955 | 9871 |
Total Expenses | 2584 | 8125 | 3719 | 4261 | 7700 |
Operating Expenses | 4213 | 6037 | 8207 | 6993 | 4190 |
Employee Expenses | 3973 | 9069 | 8031 | 3307 | 9743 |
Operating Income (EBIT) | 2627 | 5241 | 2853 | 1302 | 7062 |
Interest Expenses | 1212 | 1811 | 2098 | 8661 | 5336 |
Expenses from other activities | 6175 | 8077 | 1237 | 2442 | 3232 |
EBITDA | 1903 | 7698 | 1405 | 8154 | 6891 |
Taxes | 1668 | 5555 | 3791 | 4786 | 2015 |
Net Profit | 7492 | 4105 | 6631 | 7092 | 3640 |
Balance Sheet | |||||
Assets | 4548 | 5344 | 2772 | 3973 | 9397 |
Accounts Receivables | 6677 | 6745 | 9266 | 5555 | 9859 |
Inventory | 4190 | 8291 | 4299 | 7619 | 4739 |
Liabilities | 2976 | 8389 | 1279 | 8215 | 9156 |
Total Debt | 2049 | 7569 | 5037 | 6368 | 4100 |
Accounts Payable | 4791 | 2060 | 5303 | 2252 | 5535 |
Equities | 2675 | 1685 | 8730 | 1214 | 9643 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Foodstrong's Investments and acquisitions
Foodstrong has made no investments or acquisitions yet.
Reports related to Foodstrong
Here is the latest report on Foodstrong's sector:
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