When was Happilo founded?

Happilo was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Where is Happilo located?

Happilo is headquartered in Bengaluru, India. It is registered at Sy. No. 10/1 and 11/2, Arjunabettahalli, Kasaba Hobli, Bangalore Rural, Karnataka-562123, Bangalore Rural, Karnataka-562123, Mallarabanavadi, Bangalore Rural, Nelamangala, Karnataka, India, 562123.

Who is the current CEO of Happilo?

Vikas D Nahar of Happilo. They have also founded 1 company.

Which legal entities is Happilo associated with?

Happilo is associated with HAPPILO INTERNATIONAL PRIVATE LIMITED.

How many employees does Happilo have?

As of Feb 28, 2026, Happilo has 297 employees, reflecting a 32% year-over-year growth in headcount.

Is Happilo a funded company?

Happilo is a funded company, having raised a total of $49.9M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 01, 2021.

How much is Happilo worth?

The latest valuation of Happilo is $***** as of Jan 12, 2026. This marks a decline of 59% from its peak valuation of $192M in Feb, 2021. This marks a decline of 59% from its peak valuation of $192M in Feb, 2021.

When was the latest funding round of Happilo?

Happilo's latest funding was a $***** Series B round on Dec 31, 2025, with participation from 2 investors. Its primary sector is Online Grocery. In India, the Online Grocery sector has seen $363M in funding in 2026 to date.

What is the annual revenue of Happilo?

Annual revenue of Happilo is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Happilo rank among its competitors?

Happilo ranks 2nd amongst 107 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Happilo, which secured $2.01M in Dec, 2025.

Who are the top competitors of Happilo?

Happilo's top competitors include Farmley, Nutty Gritties and ProV. Among them, Happilo secured the most recent funding round in December, 2025.

Happilo - 2026 Company Profile, Team, Funding, Competitors & Financials

Happilo is a series B company based in Bengaluru (India), founded in 2016 by Vikas D Nahar, Vikas D Nahar and . J Dhanmaljnahar. It operates as a Manufacturer of dry fruits nuts seeds berries and snack products. Happilo has raised $49.9M in funding from A91 Partners, with a current valuation of $*****. The company has 107 active competitors, including 4 that are funded. Its top competitors include companies like Farmley, Nutty Gritties and ProV.

Company Details

Manufacturer of dry fruits nuts seeds berries and snack products. The business produces and sells various food items including almonds cashews walnuts and raisins. It also offers seeds and processed snacks such as dry fruit bars and nut butters. These food products are distributed through retail channels and online platforms for consumer purchase.

Website: happilo.com
Social
Email ID: *****@happilo.com
Phone Number: +91 **********
Registered Address: Sy. No. 10/1 and 11/2, Arjunabettahalli, Kasaba Hobli, Bangalore Rural, Karnataka-562123, Bangalore Rural, Karnataka-562123, Mallarabanavadi, Bangalore Rural, Nelamangala, Karnataka, India, 562123

Key Metrics

Founded Year

2016

Location

Bengaluru, India

Stage

Series B

Total Funding

$49.9M in 4 rounds

Latest Funding Round

Series B, Dec 31, 2025, $*****

Post Money Valuation

$***** as on Jan 12, 2026

Investors

A91 Partners & 6 more

Ranked

2^nd among 107 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

297 as on Feb 28, 2026

Similar Companies

Nutty Gritties & 52 more

View Happilo's full profile

Happilo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HAPPILO INTERNATIONAL PRIVATE LIMITED CIN: U74999KA2018PTC109322 , India, Active	Jan 09, 2018	₹100 - ₹500 Cr (As on Mar 31, 2025)	292 (As on May 01, 2026)

Happilo has raised a total funding of $49.9M over 4 rounds. Its first funding round was on Feb 01, 2021. Its latest funding round was a Series B round on Dec 31, 2025 for $*****. 2 investors participated in its latest round. Happilo has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Happilo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 31, 2025	1697010	Series B	6326021	8773846	7179266	7044646
Sep 11, 2023	8469476	Series B	9510998	7767506	3261482	Motilal Oswal
Jan 24, 2022	7699613	Series B	5306172	6119993	9581060	A91 Partners & 1 more

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View details of Happilo's funding rounds and investors

The founders of Happilo are Vikas D Nahar, Vikas D Nahar and . J Dhanmaljnahar. Vikas D Nahar is the CEO of Happilo.

Here are the details of Happilo's key team members:

Vikas D Nahar: Founder of Happilo and founder of 1 other company. They are also an angel investor in 4 startups.
Contact Info: 1 email address
Vikas D Nahar: Founder & CEO of Happilo. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
. J Dhanmaljnahar: of Happilo. They serve on the board of 1 company.
Contact Info: 1 phone number

Happilo's Board of Directors

Happilo's board has 5 active members. Vijay Dhanuka, Vikas D Nahar, . J Dhanmaljnahar and VT Bharadwaj are part of team and Dhanmaljnahar is independent board member.

Here is the list of Happilo's board of directors:

Name	Type	Representing	Status	Duration
Vikas D Nahar	Team	-	Current	8y 8m
. J Dhanmaljnahar	Team	-	Current	8y 8m
zmffvmu	Team	-	Current	8y 2m
VT Bharadwaj	Investor	A91 Partners	Current	5y 6m
ehcwoqq	Independent board member	-	Past	7y 8m

View details of Happilo's Founder profiles and Board Members

Happilo's employee count trend

Happilo has 297 employees as of Feb 26. The total employee count is 32.0% more than what it was in Feb 25. Here is Happilo's employee count trend over the years:

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Top competitors of Happilo include Farmley, Nutty Gritties and ProV. Here is the list of Top 10 competitors of Happilo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Farmley 2017, Noida (India), Series C	Online retailer of assorted nuts, seeds, dried fruits, and mixes	$56.9M	L Catterton, Omnivore & 19 others	70/100
2nd	Happilo 2016, Bengaluru (India), Series B	Manufacturer of dry fruits nuts seeds berries and snack products	$49.9M	Motilal Oswal, Motilal Oswal Private Equity ... & 5 others	62/100
3rd	Nutty Gritties 2009, Delhi (India), Unfunded	Private label brand for dry fruits and nuts	-	-	44/100
4th	ProV 2016, Mumbai (India), Funding Raised	Internet first brand offering dry fruits, nuts and seeds	-	Venture Garage	38/100
5th	Rewynd Snacks 2017, Ahmedabad (India), Unfunded	Internet first brand offering healthy snacks	-	-	38/100
6th	GoingNuts 2016, Bengaluru (India), Funding Raised	Online retailer of dry fruits, nuts, seeds, spices, and chocolates	-	-	37/100
7th	Grocery Farm 2020, Bengaluru (India), Unfunded	Provider of farm-sourced, premium dry fruits and nuts	-	-	35/100
8th	Nutritoz 2020, Delhi (India), Unfunded	Provider of multi-category food products	-	-	35/100
9th	Beantree Foods 2017, Delhi (India), Unfunded	Internet first brand of healthy snacks	-	-	34/100
10th	Go Nuts 2007, Mumbai (India), Funding Raised	Provider of premium nuts and dried fruit gift hampers	-	CapFort Ventures	33/100

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Founders (largest shareholder) own 60.91%, Funds own 36.04%, Enterprises own 0.21% and Angels own 0.28%. The net worth of Happilo's founders is INR 433Cr as of Jan 12, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	60.91%	433Cr	9965055	4061177	1059472	9919957
Vikas D Nahar	8529679	4610059	3774016	5435105	4346368	4842196
Fund	36.04%	256Cr	9452784	6211115	3129705	3800604
A91 Partners	3306652	2762517	3531111	7516473	3344461	8750510
Motilal Oswal	3963253	1042945	7715513	2440123	3830529	3193756
Enterprise	0.21%	1.51Cr	0	0	0	0
Angel	0.28%	2.01Cr	0	0	0	0
Other People	0.62%	4.43Cr	0	0	0	0
ESOP Pool	1.93%	13.7Cr	4	8	2	3
Total	100.00%	710Cr	5914838	5338501	2592507	8644418