Terra Food Co. Asset Profile

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Year established

2017

Location

Ahmedabad Gujarat India

Primary Industry

Food

About

Based in Gujrat, India, and founded in 2017, Terra food Co. operates as a cloud kitchen that offers a suitable, inexpensive, and non-traditional food experience through its network of hyperlocal cloud kitchens. The company was founded by its CEO Sriram Nair. In October 2022, Faad Network, Agility Ventures, The Chennai Angels. and LV Angel Fund co-led a USD 1 million in seed funding for Terra Food Co. It offers non-traditional and convenient food experiences through its network of hyperlocal cloud kitchens and flagship stores. The menu offered by the firm includes Asian food which includes Salmon Maki, Papadum which includes classic egg curry, and Burger Project which includes Big paneer Burger. The company generates its revenue through selling food items that cost INR 450 Salmon Maki, Papadum which is priced at INR 350, and big paneer burger is also priced at INR 350. It also offers diet plans that are valid for 3 months and includes Keto Diet for INR 8000 and a Vegan diet for INR 7500.

Current Investors

The Chennai Angels, Agility Ventures, Faad Network

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Primary Industry

Food

Sub Industries

Food, Web Applications

Website

www.terrafood.co.in

Verticals

Cloud Computing, E-commerce

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Timeline of Key Events

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Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin

31 Mar 2016

31 Mar 2017

7,500

2,250

30%

2,250

30%

1,550

20.7%

31 Mar 2018

982,659

13002.1%

309,706

31.5%

437,321

44.5%

4,612

0.5%

31 Mar 2019

2,375,558

141.7%

41,648

1.8%

143,502

30,924

1.3%

31 Mar 2020

5,894,337

148.1%

103,724

1.8%

338,804

5.7%

51,179

0.9%

31 Mar 2021

31 Mar 2022

31 Mar 2023

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Employee Data

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