abillion

Founded| May 2018; 8 years ago (May 2018)
Founder| Vikas Garg.[1]
Type| Startup company
Location|

* Singapore

Region served

| 183 countries
Products|

* application
* Social media
* Web mapping
* Restaurant rating
* E-commerce

Fields|

* Artificial intelligence
* Advertising
* Cloud computing
* Computer software
* Computer hardware
* Internet

Official language

| English, Italian, Portuguese, Spanish, French
Website| impact.abillion.com/about

abillion was a mobile application helping users to find vegan and sustainable products.[1]

The platform allowed users to review plant-based, cruelty-free and sustainable products, while donating between 0.10 and $1 to nonprofit organisations for each review written. As of May 2023, the company claimed to have donated over $2.8M to various nonprofit organisations [2] including Sea Shepherd and Mercy for Animals.[3]

The main objective of the company was to reach the number of one billion people following a vegan diet and lifestyle by 2030.[4]

## History

The American entrepreneur Vikas Garg founded the company in Singapore and the app was officially launched in May 2018.[1]

The start-up was first named 'abillionveg' and changed its name in 2020 to shorten it to 'abillion'.[5]

In 2019, the company raised $3M in its first round of funding (pre-Series A).[6]

In 2021, it raised $10M in its Series A funding.[7]

In February 2023, the company announced the launch of a community investment round, using the crowdfunding platform Wefunder,[8] which reached a total of $500 000.[9]

In May 2023, it celebrated its 5th anniversary and reaching 1M downloads.[2]

In March 2026, the company announced that they would be closing down by the end of the month. [10][11]

## Awards

Using data from the reviews published by its users, abillion was awarding the most liked vegan products and brands.

In May 2023, the company published a world Top 10 Best Plant Based Burgers, among the winning brands were Beyond Meat, NotCo and Sojasun.[12]

## References

1. ↑ 1.0 1.1 1.2 Georgieva, Antonia (3 February 2022). "Vikas Garg Aims To Inspire A Billion People To Go Vegan With Abillion App". https://plantbasednews.org/opinion/the-long-read/vikas-garg-abillion/.
2. ↑ 2.0 2.1 Magazine, VegWorld (25 May 2023). "abillion, the "Super App" that Promotes Sustainability, Celebrates Milestone with New Partnerships and Member Benefits. - VEGWORLD Magazine". https://vegworldmag.com/abillion-the-super-app-that-promotes-sustainability-celebrates-milestone-with-new-partnerships-and-member-benefits/.
3. ↑ "Driving plant-based & sustainable change | abillion". https://impact.abillion.com/about.
4. ↑ "A Billion Vegans by 2030?". November 2019. https://www.bloomberg.com/news/videos/2019-11-01/a-billion-vegans-by-2030-video.
5. ↑ Ho, Sally (11 September 2020). "Q&A With abillionveg Founder Vikas Garg: "We've Created A Meritocracy Of Vegan Food"". https://www.greenqueen.com.hk/qa-with-abillionveg-founder-vikas-garg-weve-created-a-meritocracy-of-vegan-food/.
6. ↑ Ng, Ren Jye (21 August 2019). "Vegan product review startup abillionveg raises US$2m in seed funding". https://www.businesstimes.com.sg/startups-tech/startups/vegan-product-review-startup-abillionveg-raises-us2m-seed-funding.
7. ↑ "Sustainability Platform abillion Raises $10 Million in Series A Funding - vegconomist - the vegan business magazine". 15 December 2021. https://vegconomist.com/investments-finance/abillion-raises-10m/.
8. ↑ "abillion Launches Community Investment Round After Seeing 20X Growth in Two Years - vegconomist - the vegan business magazine". 1 February 2023. https://vegconomist.com/investments-finance/fundraising/abillion-community-investment-round/.
9. ↑ "abillion Celebrates Fifth Anniversary, Surpassing $2.8M in Donations & 1M Downloads - vegconomist - the vegan business magazine". 24 May 2023. https://vegconomist.com/company-news/facts-figures/abillion-five-year-anniversary/.
10. ↑ "One Last Thank You". 20 March 2026. https://www.instagram.com/p/DWGM_YmkTnj/.
11. ↑ "abillion is closing its doors". 2026-04-02. https://www.abillion.com/.
12. ↑ "abillion Announces the World's 10 Best Plant-Based Burgers 2023 - vegconomist - the vegan business magazine". 31 May 2023. https://vegconomist.com/food-and-beverage/meat-and-fish-alternatives/abillion-worlds-10-best-plant-based-burgers-2023/.

0.00

(0 votes)

Original source: https://en.wikipedia.org/wiki/Abillion. Read more

|

Retrieved from "https://handwiki.org/wiki/index.php?title=Organization:Abillion&oldid=4396106"