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§ Private Profile · Mumbai, India
Foodtech company offering ready-to-cook and ready-to-eat packaged foods for urban households, focused on simplifying meal preparation.
Founded in 2015 by Srikrishna Bharambe, Sripad Nadkarni, Varun Khanna, and Abhijit Berde, Fingerlix is a Mumbai-based foodtech company specializing in ready-to-cook and ready-to-eat packaged foods for urban households. Operating under parent company Maverix Platforms Private Limited, the business offers diverse prepared cuisines like South Indian, Italian, and biryani while competing directly against established brands including MTR and Nestle India. The enterprise has raised over 26 million dollars in total venture capital funding, reaching an estimated equity valuation of nearly 22 million dollars by December 2019. This financial growth includes strategic Series C backing from prominent investors like Accel, Zephyr Peacock Management India, RB Investments, and Swiggy. Supported by 127 employees, the platform successfully generated more than 17 crore rupees in revenue during the 2021 fiscal year to continue scaling its operations.
Fingerlix has raised $26.0M across 5 funding rounds.
Fingerlix has raised $26.0M in total across 5 funding rounds.
Fingerlix has raised $26.0M across 5 funding rounds. Most recently, it raised $3.0M Series C in February 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2021 | $3M Series C | — | Accel, Allana Group, Horizon Techno, Rhodium Trust, Swiggy | Announced |
| Apr 1, 2020 | $2M Series C | — | Accel | Announced |
| Feb 1, 2019 | $4M Series C | — | Accel | Announced |
| Jul 1, 2018 | $10M Series C | — | Accel | Announced |
| Oct 1, 2017 | $7M Series B | — | Accel | Announced |
Fingerlix has raised $26.0M in total across 5 funding rounds.
Fingerlix's investors include Accel, Allana Group, Horizon Techno, Rhodium Trust, Swiggy.
Fingerlix is a Mumbai-based foodtech startup, operating under Maverix Platforms Private Limited, that specializes in ready-to-cook (RTC) and ready-to-eat (RTE) foods to simplify meal preparation for urban households.[1][2][3] Founded in 2015 (with operations launching around 2016), it offers products like batters, mixes, and cuisine-specific meals under brands such as Canteen Central, Meal Studio, and Biryani Journey, targeting busy families seeking convenient, hygienic, and flavorful home cooking options.[1][2][3] The company has raised over $26 million in funding (up to $33.5 million per some reports) across Series C rounds, with last known funding in 2021 from investors including Accel, Zephyr Peacock, RB Investments, and Swiggy; it reported ₹17.5 Cr+ revenue in FY21 and employs around 126 people.[1][2]
Fingerlix serves urban consumers in India facing time constraints in cooking, solving pain points like lengthy prep times while promoting family bonding and healthier choices through high-quality ingredients and hygiene standards.[3] Its growth includes multiple funding rounds amid rising demand for packaged foods, competing with players like MTR, Nestle, and Haldiram’s.[2]
Fingerlix was founded in 2015 by four food enthusiasts—Srikrishna Bharambe, Sripad Nadkarni (also spelled Shripad), Varun Khanna, and Abhijit Berde—in Mumbai, with full launch around 2016.[1][2][4] The idea emerged from their shared passion for spreading "Joy through food" by reducing kitchen time, enabling more family moments, taste exploration, and healthier eating via RTC and RTE products.[3] Early traction built through an initial focus on batters and mixes, evolving to diverse cuisines like South Indian, Italian, and biryani, which helped secure early investments from Accel, Zephyr Peacock, and others.[1][2] Pivotal moments include Swiggy's entry in 2020 and subsequent Series C extensions totaling millions, alongside debt from Alteria Capital, fueling expansion in the packaged food space.[2]
Fingerlix rides the foodtech wave in India, capitalizing on urbanization, dual-income households, and post-pandemic shifts toward convenient, home-based eating amid e-commerce grocery growth.[1][2] Timing aligns with booming demand for RTC/RTE products—projected to expand as consumers prioritize hygiene and speed over traditional cooking—fueled by market forces like rising disposable incomes and platforms like Swiggy integrating supply chains.[2][3] It influences the ecosystem by innovating in packaged foods, bridging startups and incumbents (e.g., competing with Nestle), and leveraging VC networks to scale, contributing to India's food processing sector evolution toward tech-enabled convenience.[1][2]
Fingerlix is poised for expansion in India's burgeoning RTC/RTE market, potentially through new product lines, D2C/e-commerce pushes, or deeper partnerships with delivery giants like Swiggy amid sustained urban demand.[1][2] Trends like health-focused innovations, supply chain tech, and premiumization will shape its path, with influence growing via acquisitions or exports if funding resumes post-2021 hiatus. As a funded foodtech player simplifying urban meals, it exemplifies how convenience tech humanizes daily routines, much like its founders' vision of joy beyond the kitchen.[3]