Frshly - About the company
Frshly is a series A company based in Chennai (India), founded in 2013 by Satish Chamyvelumani. It operates as a Vending machines dispensing prepared meals. Frshly has raised $4M in funding from Posterity and Sakhholdingcompany, with a current valuation of ₹*****. The company has 35 active competitors, including 9 that are funded. Its top competitors include companies like Vendekin, Daalchini and Vendiman.
Company Details
Vending machines dispensing prepared meals. Claims to serve multiple cuisines and combinations of food to customers. Sources its food from hyperlocal restaurant chains. Claims to use proprietary technology to enable quick procurement & order placement to ensure sufficient stock at its vending machines. Customers can also use the company's mobile app to pre-order their meals and pick them up from their desired vending stations.
- Website
- gofrshly.com
- Social
- Email ID
- *****@gofrshly.com
- Phone Number
- +91 **********
- Registered Address
- NO. 1 D VISWANATHA PURAM, P.M.SAMY COLONY, RATHINAPURI, Coimbatore, COIMBATORE, Tamil Nadu, India, 641027
Key Metrics
Founded Year
2013
Location
Chennai, India
Stage
Series A
Total Funding
$4M in 1 round
Latest Funding Round
Post Money Valuation
₹***** as on Jul 28, 2016
Ranked
8th among 35 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2017
Employee Count
14 as on May 31, 2026
Similar Companies
Legal entities associated with Frshly
Frshly is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OWL TECH PRIVATE LIMITED CIN: U74140TZ2016PTC022424 , India, Active | Mar 22, 2016 | 0 - ₹10 Cr (As on Mar 31, 2017) | 7 (As on Sep 30, 2019) |
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Frshly's funding and investors
Frshly has raised a total funding of $4M over 1 round. Its latest funding round was a Series A round on 2016 for $*****. 2 investors participated in its latest round. Frshly has 3 institutional investors.
Here is the list of recent funding rounds of Frshly:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2016 | 4186 | Series A | 4515 | 1834 | 8565 | 4679 |
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Frshly's founders and board of directors
Founder? Claim ProfileThe founders of Frshly is Satish Chamyvelumani.
Here are the details of Frshly's key team members:
- Satish Chamyvelumani: Former Founder & CEO of Frshly and founder of 1 other company.
Frshly's Board of Directors
Frshly's board has 5 active members. Satish Kumar, Ramamurthy Suresh Kumar, Chinna Thalakku Thevar Sakthivel and Jay Jayanthan are part of team and Chinna Thalakku Thevar Sakthi Vel is independent board member.Here is the list of Frshly's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
nklwnhl | Team | - | Past | 9y 4m |
gaplsdf | Team | - | Past | 2y 2m |
vfxkxba | Team | - | Current | 6y 8m |
{swjxgd | Team | - | Current | 8y 3m |
uplefuh | Team | - | Current | 4y 3m |
bqkbhzs | Team | - | Past | 9y 8m |
vt{r{gt | Independent board member | - | Past | 7y 4m |
amsihdx | Independent board member | - | Past | 7y 8m |
View details of Frshly's Founder profiles and Board Members
Frshly's employee count trend
Frshly has 14 employees as of May 26. Here is Frshly's employee count trend over the years:
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Frshly's Competitors and alternates
Top competitors of Frshly include Vendekin, Daalchini and Vendiman. Here is the list of Top 10 competitors of Frshly, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of smart vending machines and software for automated retail | $3.24M | 60/100 | ||
2nd | Online platform offering smart vending machine retail solutions | $6.73M | 59/100 | ||
3rd | Online brand offering autonomous smart vending machines | $11.4M | 50/100 | ||
4th | Platform offering smart vending machines for corporates | $2.74M | 50/100 | ||
5th | Provider of IoT-enabled smart vending machine | $375K | 40/100 | ||
6th |  Vending Brothers 2019, Jaipur (India), Unfunded | Online platform offering smart vending machines | - | - | 38/100 |
7th | Premium vending machine solutions provider for businesses | - | - | 38/100 | |
8th | Vending machines dispensing prepared meals | $4M | 38/100 | ||
9th | IoT-powered snack vending machines for offices | $1.74M | 37/100 | ||
10th | Provider of vending management solutions for smart vending machines | - | - | 36/100 |
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Frshly's Latest cap tables and shareholding
Founders own 22.89%, Enterprises (largest shareholder) own 72.54% and ESOP Pool own 4.57%. The net worth of Frshly's founders is INR 7.55Cr as of Jul 28, 2016.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 22.89% | 7.55Cr | 2228521 | 1664032 | 8093710 | 7573974 |
Enterprise | 72.54% | 23.9Cr | 2835872 | 4527156 | 9705263 | 5628580 |
ESOP Pool | 4.57% | 1.51Cr | 1640 | 8483 | 8087 | 2205 |
Total | 100.00% | 33Cr | 4645855 | 2807259 | 5919530 | 1152151 |
To unlock detailed Cap Table of Frshly Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Frshly's Shareholding
Frshly's Investments and acquisitions
Frshly has made no investments or acquisitions yet.
Reports related to Frshly
Here is the latest report on Frshly's sector:
News related to Frshly
•
Frshly looking to raise $7-10 million to expand in India and overseasFood And Beverage News•Aug 13, 2018•Frshly, Posterity
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Automated fresh food retail chain 'Frshly' bags Moodie Davitt's FAB awardnewKerala.com•Jul 09, 2018•Frshly
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Global automated food retail chain Frshly partners TFS, IRCTC and othersBusiness Standard•Feb 10, 2018•Frshly, IRCTC
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