People · Commerce & Consumer Brands
Epigamia appoints Ritesh Gauba as CEO
By Startup Enthusiast ·
- Date
- Company
- Epigamia
- What it does
- Greek yogurt and healthy snacks brand
- Kind
- People
- Founded
- 2015
What they do
Epigamia makes Greek yogurt, artisanal curd, snack packs, smoothies and protein snacks
What happened
Ritesh Gauba, ex-Pladis India head, is CEO; Ankur Goel becomes Co-Founder & COO
Why it matters
The leadership change follows co-founder Rohan Mirchandani's death in December 2024
The details
- Epigamia has appointed Ritesh Gauba as its new Chief Executive Officer.
- Ankur Goel, who was acting head since December 2024, has been elevated to Co-Founder & COO.
- The changes come after the death of co-founder Rohan Mirchandani in December 2024.
- Gauba brings over 24 years of FMCG experience from Pladis, Mars, Britannia and Tata Motors.
- Goel will continue to work alongside co-founder Uday Thakker and growth head Ajinkya Poundrik.
- Investor Verlinvest praised the new leadership and noted over 50% growth in FY26.
- The company has raised around $60 million in total funding from Verlinvest, Danone Manifesto Ventures, DSG Consumer Partners and Deepika Padukone.
The bigger picture
- The leadership shift balances growth with operational strength in the competitive better-for-you food segment.
- Epigamia's FY24 operating revenue was ₹173.7 crore, up 3.3% from the previous year.
- Its FY24 loss dropped ~74% to ₹17.4 crore from ₹67 crore in FY23.
- The company distributes through over 25,000 retail touch points across 30+ cities.
About the business
- Epigamia was founded in 2015 by Rohan Mirchandani, Uday Thakker, Ganesh Krishnamoorthy and Rahul Jain.
- It started as a Greek yogurt brand and expanded to artisanal curd, snack packs, mishti doi, smoothies and protein snacks.
- Sales channels include its own website, ecommerce, quick commerce and offline retail such as Reliance Fresh, Big Bazaar and BigBasket.
- It operates in cities including Delhi NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune, Ahmedabad and Kolkata.
- The company has raised around $60 million from investors including Verlinvest, Danone Manifesto Ventures, DSG Consumer Partners and Deepika Padukone.
What happens next
- Gauba aims to leverage Epigamia's strong fundamentals for future growth.
Investors
- Verlinvest (existing) — Private equity backer that praised the new leadership and over 50% growth in FY26.
- Danone Manifesto Ventures (existing)
- DSG Consumer Partners (existing)
- Deepika Padukone (existing) — Investor who backed the D2C brand.
Founders
- Ritesh Gauba, CEO
- Ankur Goel, Co-Founder & COO
- Rohan Mirchandani, Co-Founder (deceased)
- Uday Thakker, Co-Founder
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