INVEST IN OUR GROWTH PLANS!!!
We are crowdfunding to raise funds for our next stage of growth and we want you to be a part of it!!!
Since 2019, our meals have seen significant growth with our retail partners and our direct to consumer subscription model.
Go to our Crowdcube Crowdfunding page to find out more information and to invest.
WHY ARE WE CROWDFUNDING?
It has always been our plan to bring our customers and supporters along with us on our journey so we can all share in the successes. You are at the heart of everything we do, and we wouldnt be here now if it wasn't for you.
We have big plans to boost our UK growth in both D2C & B2B markets. Crowdcube can give us the platform to help us do that, whilst giving you opportunity to invest in us.
Why are we crowdfunding?
We are crowdfunding to help fund our major expansion plans.
From starting our in 2019 sending meals from our family kitchen, we now employ 13 people and have listings with over 120 retail partners and have sent over 20,000 meals to customers around the UK.
Our ambitions don't stop there though. We have big plans to scale the business to become even bigger. For that we need investment. Crowdfunding is a great way to do help grow our business as it gives regular people the chance to own a part of the company.
Who are Crowdcube?
Crowdcube is an equity crowdfunding platform. You can invest money in return for equity in a business, and entrepreneurs can secure funding directly from their biggest supporters – you.
They started their journey in 2011, inspired by an unshakeable belief in entrepreneurs that dream big, and a desire to help them raise money to bring their ideas to life – and they wanted everyone to share in the opportunity.
They're on a mission to make equity investment accessible, so you can back and benefit from the businesses you love, and entrepreneurs can harness the belief they get from their customers, investors, friends and fans.
Why invest with Crowdcube?
Simple. Buy shares from just £10/€10.Secure. We keep your data safe and shareholdings secure.Regulated. We’re authorised by regulators in the UK and EU.Tax perks. Reduce risk by claiming up to 50% of your investment back through government tax relief schemes.
Community. Join our million-strong – and counting – investor community, who have invested more than £1bn.wer
What is equity crowdfunding?
If you invest in a business on Crowdcube, you become an investor in the company – you have a share of ownership, or equity, in that business.
Most investments are for Ordinary Shares, giving you voting and pre-emption rights on those shares, but you should check the share class on the pitch as this can vary. In most cases, your shares will be held for you by Crowdcube Nominees Limited. Learn what a nominee is and does.
If the business is a success and is eventually bought by another company or goes public at a higher value than it was when you first invested, you’ll get a return on your investment. However, the opposite is also true. If the company fails, you may lose some, or all, of your investment.
Investing in startups and early-stage businesses is long term and high risk. The majority of startups fail or do not deliver shareholders a return on their investment. Liquidity, or the ability to cash in your investment, is limited as it typically relies on the company being sold or going public. In addition, dividend payments are rare and the likelihood of your percentage shareholding being diluted by future fundraising is high.
So it’s important to diversify your investment portfolio by spreading your money across multiple investments and asset types. While you cannot eliminate all types of risk, this will help cushion your losses if some of your investments fail.
How will my investment actually work?
If you invest in a business on Crowdcube you will become a shareholder in that company. In most cases your shares will be held on for you by Crowdcube Nominees Limited. [Have a read of our guide about what the nominee is and does here.] The amount you invest, and the equity issued/number of shares bought will affect your percentage of ownership in the business. Once your investment has been processed and Crowdcube have collected your payment you will be sent your share documentation.
Most investments are for Ordinary Shares held by Crowdcube Nominees and you will have voting and pre-emption rights on those shares. However, you should check the share class on the pitch as this may vary from time to time.
Does registering commit me to investing?
No. Registering your interest merely gives you an opportunity to find out about the key information about the raise. It is up to you whether you invest or not.
What are the risks of investing in equity crowdfunding?
As with any investment, there are risks associated with crowdfunding investments, particularly when investing in startups and early-stage businesses.
The three main risks to consider when investing in equity are:
The business may fail or won’t grow enough to deliver a return to investors
If this happens, you won’t receive any of your money back.
Even if the business succeeds your investment is likely to be illiquid
This means your investment will be locked into the business for a long time – often several years – and you are unlikely to be able to sell your share or withdraw your investment quickly, should you need to. You also may not receive dividends on your investment as the business looks to reinvest any profits to facilitate further growth.
Your holding in the business may be diluted
If the business raises more funds at a later date (which most startups and early-stage businesses do) the percentage of equity you hold in it may decrease relative to what you originally bought. Dilution in itself is not a bad thing, but it is something you need to be aware of.
You can somewhat mitigate the risks attached to crowdfunding investments by investing in a diverse portfolio of business. Many startups don’t succeed, but having a diversified portfolio means that even if just a few of your investments are successful, they may deliver a large enough return to make up for any potential losses. To date, only 14% of businesses that have raised money on Crowdcube have failed, demonstrating the sophistication of crowd investors.
Who can invest?
To invest on Crowdcube, you need to be over 18 years old and legally entitled to invest. You’ll also need to be a resident of the UK or a country where you may legally receive financial promotions of the nature provided. If you’re not sure whether you can invest through Crowdcube in your country, you should seek legal advice before making an account.
We can’t advertise investment opportunities to those living in the United States, Canada, Japan or any other country where it would be unlawful for our pitches to be advertised. Please don’t register with us if you are a resident in these countries.
When creating your account, make sure you create it in your own name, as we can’t accept joint investments. You’ll also be asked to choose an investor type (such as everyday or professional) and complete a quick questionnaire. This is to ensure you understand the high-risk nature of investing in startups and early-stage businesses. If you receive independent advice, you don’t have to fill out the questionnaire. These investor types won’t apply to all other platforms.
How do I invest in Praveen Kumar - Authentic Indian Meals?
Go to https://www.crowdcube.com/ to create an account.
We will let you know when our crowdfunding raise is open for investment.
How much can I invest?
You can invest as little as £10, or as much as £10,000+
Please only invest what you can afford to.
What is the valuation of the business?
Our pre money valuation is £2,500,000
Investing in start-ups and early-stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. You will only be able to invest via Crowdcube once you are registered as sufficiently sophisticated.
Please click here to read the full Risk Warning.
Crowdcube is authorised and regulated by the Financial Conduct Authority (FCA) and the Comisión Nacional del Mercado de Valores (CNMV). This page has been approved by Crowdcube. Pitches for investment are not offers to the public and investments can only be made by members of crowdcube.com on the basis of information provided in the pitches by the companies concerned. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions.
Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Please seek independent advice as required as Crowdcube does not give investment or tax advice.