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Open Secret - About the company

Open Secret is a series B company based in Mumbai (India), founded in 2019 by Ahana Gautam, Udit Kejriwal and Ahana Gautam. It operates as a Retailer of healthy snacks and food products. Open Secret has raised $14.2M in funding from investors like Sixth Sense Ventures, Ananta Capital and 40th Floor Capital, with a current valuation of $*****. The company has 90 active competitors, including 22 funded and 4 that have exited. Its top competitors include companies like Yoga Bar, Nourish You and True Elements.

Company Details

Retailer of healthy snacks and food products. The company offers a variety of food and beverage items including cookies, nuts, seeds, chips, and protein supplements. These products are formulated without refined sugar, maida, or artificial preservatives. The platform serves as a marketplace for various brands focused on providing nutritious alternatives to conventional snacks. Customers can purchase items such as baked snacks, herbal teas, and protein powders designed to support dietary needs.
Social
XFacebook
Email ID
*****@opensecret.in
Phone Number
+91 **********
Registered Address
Gala No 1 & 2, Ground Floor, Fertiplant Engg. Co Pvt Ltd, Lake Road, Bhandup Wes, t, Mumbai City, Mumbai, Maharashtra, India, 400078
Key Metrics
Founded Year
2019
Location
Mumbai, India
Stage
Series B
Total Funding
$14.2M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Mar 04, 2025
Ranked
Annual Revenue
₹87.3Cr as on Mar 31, 2025
Employee Count
84 as on Aug 31, 2025
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Open Secret's funding and investors

Open Secret has raised a total funding of $14.2M over 6 rounds. Its first funding round was on Jun 14, 2019. Its latest funding round was a Angel round on Sep 27, 2024 for $*****. 1 investor participated in its latest round. Open Secret has 10 institutional investors and 14 angel investors.

Here is the list of recent funding rounds of Open Secret:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 27, 2024
3460407
Angel
2316413
9803558
8330936
4201130
Jun 27, 2024
1077985
Series B
8962804
9768491
2663316
Apr 17, 2024
1260729
Series B
9242844
7242651
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Open Secret's founders and board of directors

Founder? Claim Profile
The founders of Open Secret are Ahana Gautam, Udit Kejriwal and Ahana Gautam. Ahana Gautam and Ahana Gautam are the CEOs of Open Secret.
Here are the details of Open Secret's key team members:

Open Secret's Board of Directors

Open Secret's board has 5 active members. Nikhil Kishorchandra Vora, Lovkesh Kapoor, Apoorv Gautam, Ahana Gautam and Udit Kejriwal are part of team.
Here is the list of Open Secret's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 1m
Team
-
Current
7y 0m
Investor
Sixth Sense Ventures
Current
4y 9m
Investor
Ananta Capital
Current
3y 10m
zcktdpc
Investor
euezrbi
Current
8y 8m
lvomcqp
Independent board member
-
Past
6y 6m

Open Secret's employee count trend

Open Secret has 84 employees as of Aug 25. The total employee count is 6.0% more than what it was in Aug 24. Here is Open Secret's employee count trend over the years:
Employee count trend for Open Secret
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Open Secret's Competitors and alternates

Top competitors of Open Secret include Yoga Bar, Nourish You and True Elements. Here is the list of Top 10 competitors of Open Secret, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Yoga Bar
Yoga Bar
2014, Bengaluru (India), Acquired
Platform offering protein based food products
$23.6M
71/100
2nd
Logo for Open Secret
Open Secret
2019, Mumbai (India), Series B
Retailer of healthy snacks and food products
$14.2M
62/100
3rd
Logo for Nourish You
Nourish You
2014, Hyderabad (India), Series A
Online retailer of plant-based milk, flours, seeds, and healthy snacks
$5.89M
58/100
4th
Logo for True Elements
True Elements
2010, Pune (India), Acquired
Online retailer of breakfast foods, snacks, seeds, and dryfruits
$3.38M
58/100
5th
Logo for Lets Try
Lets Try
2021, Delhi (India), Seed
Online brand offering healthy snacks made with natural ingredients
$4.06M
57/100
6th
Logo for FitFeast
FitFeast
2021, Gurugram (India), Seed
Internet first brand of healthiest snacks
$1.03M
51/100
7th
Logo for EAT Anytime
EAT Anytime
2016, Mumbai (India), Seed
Online platform offering snack bars
$1.07M
51/100
8th
Logo for Eat Better
Eat Better
2020, Jaipur (India), Seed
Internet first brand offering multi category healthy products
$3.21M
51/100
9th
Logo for Snackible
Snackible
2015, Mumbai (India), Series A
Online offering healthy, and baked snack foods
$4.01M
42/100
10th
Logo for Feedsco
Feedsco
2023, Bhopal (India), Seed
Manufacturer of superfood snacks including seeds and millet products
$907K
-
42/100
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Open Secret's Latest cap tables and shareholding

Founders (largest shareholder) own 41.67%, Funds own 35.17%, Enterprises own 12.43% and Angels own 6.02%. The net worth of Open Secret's founders is INR 94.1Cr as of Mar 04, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
41.67%
94.1Cr
8782950
3575937
4111689
1534885
8603767
4889202
4599116
5905835
6556737
1961491
7650516
5891848
1336745
4304287
3744885
1946578
Fund
35.17%
79.4Cr
2787266
4456141
1781000
3025321
1445615
2384903
9547205
1606271
2724566
8151628
6434747
1382673
6152118
3015518
4644765
9658371
Enterprise
12.43%
28Cr
8074156
5384739
5959922
3751490
Angel
6.02%
13.6Cr
423679
380981
179655
600490
0
0
0
0
0
0
0
0
0
0
0
0
Other People
0.22%
50.1L
0
0
0
0
ESOP Pool
4.49%
10.1Cr
3748
9270
7523
4026
Total
100.00%
226Cr
3156661
8037643
9445163
5858984
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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 Open Secret's Shareholding

Open Secret's Investments and acquisitions

Open Secret has made no investments or acquisitions yet.

Reports related to Open Secret

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News related to Open Secret

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