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People · Commerce & Consumer Brands

Epigamia appoints Ritesh Gauba as CEO

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Date
Company
Epigamia
What it does
Greek yogurt and healthy snacks brand
Kind
People
Founded
2015
Sector
Commerce & Consumer Brands

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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