FoodTech Startup Sattviko Adds FYNE Superfood To Its Menu

FoodTech Startup Sattviko Adds FYNE Superfood To Its Menu

Vegetarian (Sattvik) food chain Sattviko has acquired FYNE Superfood, a New Delhi-based packaged food products company for an undisclosed  amount. The acquisition aims at further scaling Sattviko’s product portfolio.

Post acquisition, the brand and products of Fyne Superfood will be merged with Sattviko. Darpan Majumdar, one of the co-founders of FYNE Superfood, will join the company and lead the intellectual property transfer for the next six to seven months.

FYNE was founded by Majumdar and Aanan Khurma, with an aim to sell natural and chemical-free packaged food products such as Chia Seeds, Flax Seeds, Quinoa etc.

While, Sattviko was founded in 2013 by Prasoon Gupta, Ankush Sharma and Rahul Gupta. It runs quick-service restaurants and offers sattvik food – a food without onion and garlic – and also sells ayurvedic products through its online marketplace. The company also introduced its delivery service in February last year.

In November 2015, the company acquired Jaipur based food delivery startup CallOnMeal. In February this year, Sattviko also raised around $300K (INR 2 Cr) from  angel investors Sumit Jain, co-founder of CommonFloor.com, Rajat Jain non-executive Director at Xerox India & Former Managing Director – Xerox India and Sanjay Bhasin, Vice President of Samsung’s Network Business.

Other startups in the space who have raised funding are Yumlane, Maiyas Beverages and Foods Pvt. Ltd and Mambalam Iyers Food Products Pvt. Ltd.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

FoodTech Startup Sattviko Adds FYNE Superfood To Its Menu-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

FoodTech Startup Sattviko Adds FYNE Superfood To Its Menu-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

FoodTech Startup Sattviko Adds FYNE Superfood To Its Menu-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

FoodTech Startup Sattviko Adds FYNE Superfood To Its Menu-Inc42 Media
FoodTech Startup Sattviko Adds FYNE Superfood To Its Menu-Inc42 Media
You’re in Good company