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Phab - About the company

Phab is a seed company based in Mumbai (India), founded in 2018 by Ankit Chona, Pradeep Satishchandra Chona and Gayatri Chona. It operates as a Brand of protein powder. Phab has raised $6.13M in funding from investors like OTP Ventures, Chona Family Office and Phap Investment, with a current valuation of *****. The company has 88 active competitors, including 7 funded and 1 that has exited. Its top competitors include companies like Zydus Wellness, TruNativ and Hexagon Nutrition.

Company Details

Email ID
*****@getphab.com
Phone Number
+91 **********
Registered Address
1201-1204 (12TH FLOOR) & 1301-1302 (13TH ELANZA VERTEX, Ahmedabad, BODAKDEV, Gujarat, India, 380054
Key Metrics
Founded Year
2018
Location
Mumbai, India
Stage
Seed
Total Funding
$6.13M in 2 rounds
Latest Funding Round
Post Money Valuation
***** as on May 22, 2025
Ranked
Annual Revenue
₹5.15Cr as on Mar 31, 2024
Employee Count
105 as on Aug 31, 2025
Similar Companies
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Phab's funding and investors

Phab has raised a total funding of $6.13M over 2 rounds. Its first funding round was on Apr 25, 2025. Its latest funding round was a Seed round on Jun 03, 2026 for $*****. 2 investors participated in its latest round. Phab has 9 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Phab:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 03, 2026
7997197
Seed
1167808
9057313
8281717
8899886
Apr 25, 2025
2345638
Seed
8051943
2181613
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Phab's founders and board of directors

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Here are the details of Phab's key team members:

Phab's Board of Directors

Phab's board has 3 active members. Ankit Chona and Pradeep Satishchandra Chona are part of team and Biseswar Debabrata Mukherjee is independent board member.
Here is the list of Phab's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
7y 10m
saoigoi
Team
-
Past
7y 2m
cmecp{b
Independent board member
-
Past
8y 2m

Phab's employee count trend

Phab has 105 employees as of Aug 25. The total employee count is 150.0% more than what it was in Aug 24. Here is Phab's employee count trend over the years:
Employee count trend for Phab
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Phab's Competitors and alternates

Top competitors of Phab include Zydus Wellness, TruNativ and Hexagon Nutrition. Here is the list of Top 10 competitors of Phab, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Zydus Wellness
Zydus Wellness
1988, Ahmedabad (India), Public
Brand of healthcare nutrition products
-
59/100
2nd
Logo for Phab
Phab
2018, Mumbai (India), Seed
Brand of protein powder
$6.13M
48/100
3rd
Logo for TruNativ
TruNativ
2019, Mumbai (India), Seed
Internet first brand of nutrition products
$3.51M
47/100
4th
Logo for Hexagon Nutrition
Hexagon Nutrition
1991, Mumbai (India), Early Stage
Manufacturer of micronutrient premixes, clinical nutrition products, and therapeutic food
$3.64M
47/100
5th
Logo for Azista
Azista
2014, Hyderabad (India), Funding Raised
Manufacturer of food, healthcare, aerospace products, and composite engineering applications
-
45/100
6th
Logo for Chicnutrix
Chicnutrix
2011, Mumbai (India), Seed
Manufacturer of nutrition supplements
-
-
44/100
7th
Logo for Hungry Foal
Hungry Foal
2016, Gurugram (India), Deadpooled
Brand of energy bars & nutritional snacks
$578K
41/100
8th
Logo for Habbit
Habbit
2019, Delhi (India), Seed
Developer of protein-based nutritional dairy products
$1.07M
39/100
9th
Logo for Protyze
Protyze
2008, Bengaluru (India), Unfunded
Provides a nutrition formula
-
-
36/100
10th
Logo for NutriWish
NutriWish
2016, Hyderabad (India), Unfunded
Online private label brand of multi category healthy food
-
-
35/100
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Phab's Latest cap tables and shareholding

Founders own 0.00%, Funds own 21.73%, Parent Entities (largest shareholder) own 70.27% and Enterprises own 2.05%.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
-
480
0
0
0
0
0
0
0
0
0
0
Fund
21.73%
15.9Cr
9579254
6552573
4252526
5971899
7275102
5673589
2984043
6369286
2401251
6532938
Parent Entity
70.27%
51.4Cr
4306463
1279827
7325858
5694890
Enterprise
2.05%
1.5Cr
26
45
52
71
Angel
1.03%
75L
8
6
1
8
Other People
-
240
0
0
0
0
ESOP Pool
4.92%
3.6Cr
9800
9303
1387
3147
Total
100.00%
73.2Cr
7374043
8940435
6101984
6399484
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Phab's Shareholding

Phab's Investments and acquisitions

Phab has made no investments or acquisitions yet.

Reports related to Phab

Here is the latest report on Phab's sector:

News related to Phab

Media has covered Phab for 1 event in last 1 year.
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