Epigamia founder Rohan Mirchandani who died of cardiac arrest, managed India's first Greek yoghurt brand worth Rs...

Rohan Mirchandani, co-founder of popular healthy snacks brand Epigamia, died after a cardiac arrest on Saturday. He was 42 years old. Mirchandani started Drums Food International-the parent company behind Epigamia-in 2013 and was credited for Greek yogurt's popularity in India that caught the fancy of young India.

In a poignant statement, Drums Food International mourned and said, "It is with deep sorrow that we confirm the untimely passing of our beloved founder, Rohan Mirchandani, who suffered a sudden cardiac arrest yesterday.

Epigamia is a preservation-free, plant-based, and lactose-free food company providing a lot of healthy food items that are yogurts, smoothies, milkshakes, almond drinks, and cheese. With innovative minds and a never-giving-up attitude, Mirchandani gave the company a form where it can grow today in its space of 6% of its industry, though less compared to competition from players such as Country Delight holding 31%, and Akshayakalpa at 20%. Epigamia has developed itself as one of the trendy and conscious health choice among young minds.

Mirchandani is the largest stakeholder among the company founders, with a 4.68% stake in the company. Data regarding his stake reveals that it marginally diluted during the most recent fund raising in December 2023. Other founders and company co-founders including Ganesh Krishnamoorthy, Uday Thakker, Rahul Jain, Milap Shah hold smaller stakes of the company.

Epigamia, under the leadership of Mirchandani, has received $81.2 million in 17 funding rounds, with the largest being $25.7 million. However, the company went through a financial crisis because its losses have widened by ₹67 crore in FY23 as compared to ₹59.5 crore in the preceding year. Still, the brand is household for its commitment to innovation and quality.

The news of Mirchandani’s passing has left a void in the entrepreneurial community, where he was admired for his vision and determination. His legacy lives on through the brand he built and the healthier choices he brought to countless tables across the country. As per reports, Epigamia market capital is Rs 1362 crore.