LF
LIMITLESS FOUNDERS
TH
E-Commerce Regional Foods & Marketplace

The State Plate

India's Best Regional Foods, Delivered to Your Doorstep

Valuation / Scale ₹25 Crore Acquisition
Funding Raised ₹3 Crore ($360K)
Founded 2021
Headquarters Bangalore, Karnataka, India
Visit The State Plate Official Site

About The State Plate

The State Plate is an online marketplace curating authentic indigenous snacks, sweets, spices, and beverages directly from verified local artisans across India.

VENTURE ARCHITECTURE & EQUITY

The State Plate Cap Table & Shareholding Pattern

Verified equity capitalization table outlining promoter holdings, venture capital equity, strategic cross-holdings, and institutional share distribution for The State Plate:

Shareholder / Entity Equity Stake Classification Strategic Notes
JustMyRoots 55.0% Strategic Acquisition Majority Acquirer & Strategic Partner
Muskaan Sancheti 16.0% Founder / Promoter Co-Founder & CEO
Raghav Jhawar 16.0% Founder / Promoter Co-Founder & COO
Peyush Bansal (Lenskart) 8.5% Angel / Shark Shark Tank India Season 1 Partner
Employee ESOP Pool 4.5% Employee Equity Core operations and procurement team
LEADERSHIP & OWNERSHIP

Who is the Owner & Founder of The State Plate?

The State Plate was established by its founding team in 2021, headquartered in Bangalore, Karnataka, India. Explore the verified ownership structure, net worth, and leadership biographies below:

VERIFIED FACTS

Frequently Asked Questions about The State Plate

What is The State Plate's current valuation?

The State Plate is valued at approximately ₹25 Crore Acquisition, having raised a total of ₹3 Crore ($360K) in venture financing.

Who founded The State Plate and where is it headquartered?

The State Plate was founded in 2021 by Muskaan Sancheti with headquarters in Bangalore, Karnataka, India.

Who is the owner of The State Plate and what is their net worth?

The State Plate is led by founder Muskaan Sancheti (Co-Founder & CEO). Their estimated net worth is ₹20 Crore ($2.4M), predominantly anchored by their equity ownership in The State Plate and venture holdings.

What is the cap table and shareholding pattern of The State Plate?

The State Plate's equity capitalization table is anchored by key stakeholders including JustMyRoots (55.0%), Muskaan Sancheti (16.0%), Raghav Jhawar (16.0%), Peyush Bansal (Lenskart) (8.5%). Explore the verified cap table on Limitless Founders for full equity breakdown.

What industry does The State Plate operate in and what does it do?

The State Plate operates within the E-Commerce sector. India's Best Regional Foods, Delivered to Your Doorstep

How much funding has The State Plate raised to date?

The State Plate has secured approximately ₹3 Crore ($360K) across institutional equity rounds and growth capital.

Related in E-Commerce

HelloFresh
Public (XETRA: HFG)
Vinted
Late Stage