Subziwalla

Early Stage

Subziwalla allows shoppers to buy all of their Indian groceries quickly and in one place.

Analytics

Raised to Date:
$90,261 - RegCF
$321,261 - Total

Aggregate Commitments $

Platform

SeedInvest

Start Date

02/22/2019

Close Date

04/08/2019

Min. Goal

$25,000

Max. Goal

$750,000

Min. Investment

$1,000

Security Type

Equity - Preferred

Funding Type

RegCF / RegD 506(c)

Price Per Share

$2.44

Pre-Money Valuation

$2,500,000

Rolling Commitments $

Status
Funded
Reporting Date

04/30/2019

Days Remaining
Funded
% of Min. Goal

361%

% of Max. Goal

12%

Likelihood of Max
Funded
Avg. Daily Raise

$2,006

Momentum
Funded
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Location

Atlanta, Georgia

Industry

Food, Beverage, & Restaurants

Tech Sector

Subziwalla, a one-stop shop for Indian groceries with a pre-money valuation of $2.5 million, is raising on SeedInvest. The company provides fresh produce, frozen items, and about 4,000 other Indian ingredients to the doorstep of the shoppers. The products are procured fresh from the suppliers, and the delivery is processed through FedEx. Subziwalla was founded by Sajal Rohatgi and Manav Thaker in April 2018. The current crowdfunding round has a total size of $750,000. Subziwalla has reported revenue growth of 80%, quarter-over-quarter, and has generated more than $37,000 in revenues till date. The company has fulfilled more than 400 orders with an average order value of more than $70.
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Subziwalla on SeedInvest
$
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $2,500,000

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