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SoupX

SoupX

Invested by:

Vineeta

Ask:

₹75 Lakhs for 6 %

Deal:

₹50 Lakhs for 18% equity & 25 Lakhs debt at 12% Interest

Founders:

Priyank Jain , Uttam Kumar

Website:

Episode no:

Aired on:

2

03 January 2023

Instagram:

LinkedIn:

Introduction

India's culinary landscape is undergoing a transformation, led by innovative startups like SoupX. Founded in 2018 by Akshay Pawar and Arpit Sharma, SoupX is a cloud kitchen startup that delivers high-quality, gourmet soups to customers across India. The company is revolutionizing the way people consume soup, making it a convenient and affordable option for busy individuals and families.

Founding Details and Business Model

Pawar and Sharma, both passionate about food and technology, were inspired to start SoupX after recognizing the lack of healthy and convenient soup options available in India. They envisioned a company that would provide customers with access to a wide variety of soups, delivered directly to their homes or offices.

SoupX operates on a cloud kitchen model, meaning it does not have any physical dining locations. This allows the company to focus on its core competency of producing high-quality soups at scale. SoupX uses a proprietary blend of spices and ingredients to create its unique and flavorful soups. The company also offers a variety of customization options, allowing customers to personalize their orders based on their dietary preferences.

Company Size and Market Presence

SoupX has experienced rapid growth since its inception. The company currently operates in over 10 major cities across India and has a growing customer base. SoupX has also partnered with leading food delivery platforms, further expanding its reach and customer base.

The company has gained significant market presence in India, garnering positive reviews from food critics and customers alike. SoupX has been featured in prominent media outlets, raising its brand awareness and attracting the attention of investors and consumers.

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