Company Intelligence Profile
Sproutlife Foods Private Limited
Sproutlife Foods Pvt Ltd operates under the consumer brand "Yoga Bar," a Bangalore-based health/nutrition food company founded 4 March 2014 (CIN incorporated 13 Feb 2015) by sisters Suhasini Sampathkumar and Anindita Sampath Kumar.
CIN: U15490KA2015PTC078839ActiveRoC-BangaloreConfidence: medium-high — identity
Last updated 17 August 2026
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Sproutlife Foods Private Limited |
|---|---|
| CIN | U15490KA2015PTC078839 |
| PAN | AAVCS4669R |
| Status |
|
| Listing |
|
| Incorporated | 13 February 2015 |
| ROC | RoC-Bangalore |
| Sector (NIC) | Manufacture of other food products n.e.c. (NIC "Other food preparation NES") — health/nutrition foods (protein bars, breakfast cereals, protein shakes) |
| Registered address | No. 801, 5th Cross, 4th Block, Koramangala, Bangalore, Karnataka 560034 |
| Authorized capital | ₹6.69 lakh |
| Paid-up capital | ₹2.70 lakh |
Business Overview
Confirmed- Sproutlife Foods Pvt Ltd operates under the consumer brand "Yoga Bar," a Bangalore-based health/nutrition food company founded 4 March 2014 (CIN incorporated 13 Feb 2015) by sisters Suhasini Sampathkumar and Anindita Sampath Kumar
- Product lines include multigrain/protein energy bars (first launched Aug 2015), protein bars (2018), breakfast cereals/granola, muesli, and protein shakes — positioned as no-added-sugar, no-preservative, no-artificial-additive snacking
- Reported to have crossed ~₹100 crore in annual revenue per a 2025 LinkedIn industry post, and cited elsewhere (with other recent ITC acquisitions) contributing to an annual run-rate of ~₹1,350 crore as of June 2026
- Recognized as a DPIIT Startup
Directors
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Suhasini Sampathkumar and Anindita Sampath Kumar | 06691492 | - | 1 April 2026 |
Financials
Partial / conflicting- FY ending 31 Mar 2025 revenue in an estimated "₹200–300 cr" range (not exact), gross margin 11.01%, operating margin 20.37%, net profit margin 20.57%, debt-to-equity 0.53, and net worth "declined 72.25% YoY" (no absolute figure given — direction only)
- No EBITDA, PAT, or borrowings absolute figures were obtainable without a paid subscription
- A separate 2025 LinkedIn post states revenue "crossed ₹100 crore" annually (likely an earlier-year figure, so the two data points may reflect different fiscal years — flagged as a conflict, not reconciled)
- Standalone entity-level financials (not consolidated, since Sproutlife itself has no subsidiaries reported)
- No Screener/Moneycontrol data available since the company is unlisted
Funding & Investors
Confirmed- Series A round of ~$11.6M from Elevation Capital (formerly SAIF Partners) and Fireside Ventures (exact date uncertain — one indexed article dates it 21 Aug 2025, but Wikipedia's account places this Series A well before ITC's Jan 2023 stake purchase, so the date is unreliable/conflicting; treat amount as more reliable than the date)
- Tracxn cites total funding raised of ~$23.6M from investors including Fireside Ventures, SAIF Partners and Elevation Capital
- ITC Limited then entered as a strategic investor: (1) Jan 2023 — acquired ~39.4% stake for ~$21M / reported ~₹175 crore
- (2) subsequent additional investment of ₹50 crore raising ITC's stake to 44.74% (fully diluted)
- (3) further increases brought ITC to a 47.5% stake, and effective 1 April 2026 ITC gained the right to nominate a majority of Sproutlife's board, making Sproutlife Foods an ITC subsidiary despite holding <50% equity
- ITC's stated plan is to move to 100% ownership over 3–4 years in stages
- One source also mentioned an "exceptional gain of ₹405.88 crore" tied to this transaction in ITC's Q1 FY27 results
Charges / Loans
Confirmed- One active charge found: The Hongkong and Shanghai Banking Corporation Limited (HSBC) — charge amount ₹30 crore, created/modified 10 March 2025, status Active
- No other charges/loans visible on free-tier pages
Competitors
ConfirmedRiteBite Max Protein Bars
mass-market volume play, contrasted directly with Yoga Bar's premium positioning per one industry analysis
The Whole Truth Foods
clean-label snacking, ~similar premium-health positioning
Epigamia
health-food/yogurt, ~$148M+ revenue scale, 400+ employees
MuscleBlaze
protein/sports-nutrition adjacent
Unibic Foods India
biscuits/snacking, larger legacy player
Frequently Asked Questions
What does Sproutlife Foods Private Limited do?
Sproutlife Foods Pvt Ltd operates under the consumer brand "Yoga Bar," a Bangalore-based health/nutrition food company founded 4 March 2014 (CIN incorporated 13 Feb 2015) by sisters Suhasini Sampathkumar and Anindita Sampath Kumar.
What is the CIN of Sproutlife Foods Private Limited?
The Corporate Identification Number (CIN) of Sproutlife Foods Private Limited is U15490KA2015PTC078839.
Where is Sproutlife Foods Private Limited registered?
Sproutlife Foods Private Limited is registered with RoC-Bangalore (Falconebiz, TheCompanyCheck). Registered address: No. 801, 5th Cross, 4th Block, Koramangala, Bangalore, Karnataka 560034 (Tofler, TheCompanyCheck, Falconebiz — all agree)
When was Sproutlife Foods Private Limited incorporated?
Sproutlife Foods Private Limited was incorporated on 13 February 2015 (Tofler, TheCompanyCheck, Falconebiz — all agree).
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