True Elements (Maharasthra) Overview
- Year Founded
-
2013
- Status
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Acquired/Merged
- Employees
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73
- Latest Deal Type
-
2ndary - Private
- Latest Deal Amount
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$15.7M
True Elements (Maharasthra) General Information
Description
Producer of organic wellness products intended to offer high-protein plant-based snacking food. The company's products include healthy seed mix, berries, muesli, oats and other related food products, enabling consumers to consume healthy breakfasts and snacks without affecting their health.
Contact Information
Website
www.true-elements.com(Operating Subsidiary)
Corporate Office
- Survey Number 254, Tirumalla Industry Estate
- Phase 2 Road, Hinjawadi
- Pune, Maharasthra 411057
- India
Corporate Office
- Survey Number 254, Tirumalla Industry Estate
- Phase 2 Road, Hinjawadi
- Pune, Maharasthra 411057
- India
True Elements (Maharasthra) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Secondary Transaction - Private | 11-Sep-2025 | $15.7M | Completed | Generating Revenue | ||
| 8. Later Stage VC | 01-Apr-2025 | Completed | Generating Revenue | |||
| 7. Merger/Acquisition | 23-May-2022 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 23-May-2022 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 12-Jan-2021 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 19-Mar-2020 | Completed | Generating Revenue | |||
| 3. Seed Round | 04-Jan-2018 | Completed | Startup | |||
| 2. Seed Round | 19-Jan-2015 | $196K | $196K | Completed | Startup | |
| 1. Angel (individual) | Completed | Startup |
True Elements (Maharasthra) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 136 | $0.129894 | $461.03 | $461.03 | 1x | $461.03 | 0.61% | |
| Ordinary | 299 | $0.129894 | $449.5 | $449.5 | 1x | $449.5 | 1.33% |
True Elements (Maharasthra) Comparisons
Industry
Financing
Details
True Elements (Maharasthra) Competitors (10)
One of True Elements (Maharasthra)’s 10 competitors is Blinkit, a Formerly VC-backed company based in Gurugram, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Blinkit | Formerly VC-backed | Gurugram, India | ||||
| Ghirardelli Chocolate | Formerly PE-Backed | San Leandro, CA | ||||
| Naturell India | Formerly PE-Backed | Mumbai, India | ||||
| Nature's Basket | Corporate Backed or Acquired | Mumbai, India | ||||
| Sattvic Foods | Corporation | Goa, India |
True Elements (Maharasthra) Signals
True Elements (Maharasthra) Former Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| RPSG Capital Ventures | Corporate Venture Capital | Minority |
True Elements (Maharasthra) Investments (1)
True Elements (Maharasthra)’s most recent deal was a Corporate Asset Purchase with Sparks Fly (Intellectual Property) for . The deal was made on 07-Feb-2020.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Sparks Fly (Intellectual Property) | 07-Feb-2020 | Corporate Asset Purchase | Buildings and Property |
True Elements (Maharasthra) FAQs
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When was True Elements (Maharasthra) founded?
True Elements (Maharasthra) was founded in 2013.
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Where is True Elements (Maharasthra) headquartered?
True Elements (Maharasthra) is headquartered in Pune, India.
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What is the size of True Elements (Maharasthra)?
True Elements (Maharasthra) has 73 total employees.
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What industry is True Elements (Maharasthra) in?
True Elements (Maharasthra)’s primary industry is Food Products.
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Is True Elements (Maharasthra) a private or public company?
True Elements (Maharasthra) is a Private company.
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What is the current valuation of True Elements (Maharasthra)?
The current valuation of True Elements (Maharasthra) is .
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What is True Elements (Maharasthra)’s current revenue?
The current revenue for True Elements (Maharasthra) is .
-
How much funding has True Elements (Maharasthra) raised over time?
True Elements (Maharasthra) has raised $14.3M.
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Who are True Elements (Maharasthra)’s investors?
, , , , and RPSG Capital Ventures are 5 of 9 investors who have invested in True Elements (Maharasthra).
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Who are True Elements (Maharasthra)’s competitors?
Blinkit, Ghirardelli Chocolate, Naturell India, Nature's Basket, and Sattvic Foods are some of the 10 competitors of True Elements (Maharasthra).
-
When was True Elements (Maharasthra) acquired?
True Elements (Maharasthra) was acquired on 11-Sep-2025.
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Who acquired True Elements (Maharasthra)?
True Elements (Maharasthra) was acquired by Marico.
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