Redbasil

Redbasil Startup Analysis

Redbasil, founded in 2021, is a B2B marketplace for the food and beverage industry, with a focus on connecting restaurants and cloud kitchens with food suppliers. The company's ambition is to revolutionize the way small businesses in the food & beverage ecosystem discover, connect, and transact with each other. The online marketplace enhances quality, transparency, and price discovery for restaurants, while providing suppliers with a comprehensive digital storefront to expand their businesses.

Redbasil's asset-light B2B marketplace offers a curated catalog of 10k+ ingredients and high-quality food suppliers, validated by renowned chefs and kitchens. The platform's mobile-app-based digital storefront facilitates procurement, order fulfillment, and payment transactions, enabling efficient, accurate, and cost-effective operations.

The company's slogan, "B2B marketplace for restaurants & cloud kitchens to discover, connect & transact with food suppliers," succinctly encapsulates its value proposition and target market. Redbasil is headquartered in India and recently received a Seed Round investment on 24th July 2023, with funding from Mumbai Angels and South Asia Tech Partners.

Redbasil's innovative approach to digitalizing B2B transactions within the food and beverage industry, combined with strategic backing from prominent investors, positions the company for significant growth and influence within its niche market.