SSIO – III
GoodDot is a leading plant-based meat company of India. Founded in 2016 by Abhishek Sinha and Deepak Parihar, GoodDot has developed proprietary state-of-the-art technology that replicates the taste, texture and flavour of plant-based chicken, mutton, beef etc. using purely plant-based ingredients, resulting in a tasty, healthy, and cruelty-free way to produce meat with a very sustainable environment footprint. GoodDot is one of the first global companies to break all the critical barriers of taste, price, and shelf-stability at room temperature.
Globally, meat substitutes is expected to be a $25 billion industry by 2025, all set to disrupt the $1.4 trillion organised meat industry. The pace of this disruption is expected to increase exponentially as the pandemic has accelerated the consumption of meat-alternative products globally. India is steadily acquiring a taste for plant-based meat substitutes and this space is primed for an exponential growth in the coming days, and the country could also play as an important supplier for the global plant-based meat industry, considering the availability of skilled manpower and abundant agri and agri-processing resources
“We are delighted to have concluded this round of funding with Sixth Sense Ventures, led by Nikhil Vora. The synergy and alignment of both the vision and the expertise with Nikhil and the Sixth Sense team is something which excites us beyond words. We are confident this strong partnership will enable GoodDot to position itself as a force to be reckoned with, in the plant-based meat space, not only in India, but across the world”