Epigamia co-founder Rohan Mirchandani passed away on the night of 20 December. The 41-year-old entrepreneur died of a heart attack. 4 people have confirmed this news to Moneycontrol. Mirchandani, a graduate of NYU Stern and Wharton School, started Drums Food International in 2013. Drums Food is the parent company of Epigamia. Epigamia is a new age FMCG brand and one of the most leading Greek yogurt brands in India.
Epigamia started as Hokey Pokey ice cream and then was transformed into a yogurt brand. Epigamia is a popular brand in the top cities of the country. Its products include Yogurt and Curd, Milk Shake, Smoothie, Mishti Doi, Kheer.
Who are the investors?
Belgian investor Verlinvest is one of Epigamia’s largest external shareholders. French dairy major Danone and Bollywood actress Deepika Padukone are also investors in the brand. Rohan Mirchandani joined Epigamia in the role of executive chairman in December 2023, while co-founder Rahul Jain joined as co-founder and CEO. Epigamia’s founding member Ankur Goyal was promoted to the position of COO. Goyal was previously overseeing the company’s supply chain and business intelligence functions.
Unicorn startups of Delhi-NCR topped in hiring, number of staff reduced in Mumbai.
Plan to increase revenue to Rs 250 crore in FY25
In recent interviews, Mirchandani had talked about betting big on the Quick Commerce channel. He had said that there is a plan to increase the revenue to Rs 250 crore in the financial year 2024-25. In FY 2023, the brand had registered sales of Rs 168 crore.
Before Mirchandani, Rohan Malhotra, co-founder and managing partner of venture capital firm, Good Capital, passed away on October 1 this year in the world of startups. Ambareesh Murthy, 51, co-founder of online furniture store Pepperfry, died of cardiac arrest during a biking trip in Leh in August 2023.
