True Elements (Food Products) Overview
- Year Founded
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2014
- Status
-
Acquired/Merged
- Employees
-
73
- Latest Deal Type
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M&A
- Investors
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7
True Elements (Food Products) 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 (Food Products) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 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 (Food Products) 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 (Food Products) Comparisons
Industry
Financing
Details
True Elements (Food Products) Competitors (9)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Blinkit | Formerly VC-backed | Gurugram, India | ||||
| Xterra Nutrition | Corporation | Bangalore, India | ||||
| Snackible | Venture Capital-Backed | Mumbai, India | ||||
| Naturell India | Private Equity-Backed | Mumbai, India | ||||
| Satvacart | Venture Capital-Backed | Gurgaon, India |
True Elements (Food Products) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
True Elements (Food Products) Executive Team (4)
| Name | Title | Board Seat |
|---|---|---|
| Puru Gupta | Co-Founder, Chief Executive Officer & Board Member | |
| Sreejith Moolayil | Co-Founder, Chief Operating Officer & Board Member | |
| Shahnawaz Alam | Chief Technology Officer | |
| Vidur Gupta | Advisor |
True Elements (Food Products) Board Members (4)
| Name | Representing | Role | Since |
|---|---|---|---|
| Abhishek Goenka | RPSG Capital Ventures | Board Member | |
| Arun Sipani | Self | Board Member | |
| Puru Gupta | True Elements (Food Products) | Co-Founder, Chief Executive Officer & Board Member | |
| Sreejith Moolayil | True Elements (Food Products) | Co-Founder, Chief Operating Officer & Board Member |
True Elements (Food Products) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
True Elements (Food Products) Former Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| RPSG Capital Ventures | Corporate Venture Capital | Minority | ||
| SIDBI Venture Capital | Venture Capital | Minority |
True Elements (Food Products) Investments (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Sparks Fly (Intellectual Property) | 07-Feb-2020 | Buildings and Property |
True Elements (Food Products) FAQs
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When was True Elements (Food Products) founded?
True Elements (Food Products) was founded in 2014.
-
Who is the founder of True Elements (Food Products)?
Puru Gupta and Sreejith Moolayil are the founders of True Elements (Food Products).
-
Who is the CEO of True Elements (Food Products)?
Puru Gupta is the CEO of True Elements (Food Products).
-
Where is True Elements (Food Products) headquartered?
True Elements (Food Products) is headquartered in Pune, India.
-
What is the size of True Elements (Food Products)?
True Elements (Food Products) has 73 total employees.
-
What industry is True Elements (Food Products) in?
True Elements (Food Products)’s primary industry is Food Products.
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Is True Elements (Food Products) a private or public company?
True Elements (Food Products) is a Private company.
-
What is True Elements (Food Products)’s current revenue?
The current revenue for True Elements (Food Products) is .
-
How much funding has True Elements (Food Products) raised over time?
True Elements (Food Products) has raised $14.3M.
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Who are True Elements (Food Products)’s investors?
RPSG Capital Ventures and SIDBI Venture Capital have invested in True Elements (Food Products).
-
Who are True Elements (Food Products)’s competitors?
Blinkit, Xterra Nutrition, Snackible, Naturell India, and Satvacart are some of the 9 competitors of True Elements (Food Products).
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When was True Elements (Food Products) acquired?
True Elements (Food Products) was acquired on 23-May-2022.
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