About Aakash Namkeen
Aakash Namkeen is a company based in Indore (India) founded in 1932 by Rajesh Gupta, Rajnish Gupta, Ramesh Gupta, and Rajendra Gupta was acquired by Haldirams in March 2016. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 716 employees as of April 08, 2024. Aakash Namkeen offers products and services including Namkeen, Sweets, and Makhana. Aakash Namkeen operates in a competitive market with competitors including Cavinkare, Chings Secret, Adukale, BambinoAgro and Meal of the Moment, among others.
- Headquarter Indore, India
- Employees 716 as on 08 Apr, 2024
- Founders Rajesh Gupta, Rajnish Gupta, Ramesh Gupta, Rajendra Gupta
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Aakash Namkeen Pvt. Ltd.
- Date of Incorporation 24 Jul, 1992
- Jurisdiction Sanwer, Madhya Pradesh, India
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Annual Revenue
$49.57 M (USD)12.95as on Mar 31, 2023
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Net Profit
$775.21 K (USD)49.45as on Mar 31, 2023
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EBITDA
$1.72 M (USD)42.12as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
716
as on Apr 08, 2024
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Acquired by
Haldirams
(Mar 01, 2016)
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Products & Services of Aakash Namkeen
Aakash Namkeen offers a comprehensive portfolio of products and services, including Namkeen, Sweets, and Makhana. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Traditional Indian savories are offered in various flavors.
Traditional Indian sweets are provided for diverse tastes.
Healthy roasted makhana snacks are sold in varieties.
Funding Insights of Aakash Namkeen
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aakash Namkeen
Aakash Namkeen has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Haldiram Foods International. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Offers traditional Indian sweets, namkeen, dry fruits, and beverages for online purchase and delivery.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Aakash Namkeen
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aakash Namkeen
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aakash Namkeen Comparisons
Competitors of Aakash Namkeen
Aakash Namkeen operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cavinkare, Chings Secret, Adukale, BambinoAgro and Meal of the Moment, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multicategory convenience food products are offered as an internet-first brand.
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| domain | founded_year | HQ Location |
Private label brand for Indo-Chinese fusion food
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| domain | founded_year | HQ Location |
Snacks are branded and distributed by Adukale in India.
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| domain | founded_year | HQ Location |
Food products are manufactured and supplied, specializing in pasta.
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| domain | founded_year | HQ Location |
Ready-to-eat Indian snacks and meals are provided by the brand.
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| domain | founded_year | HQ Location |
Manufactures and operates as a private label brand for processed packaged foods.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Aakash Namkeen
When was Aakash Namkeen founded?
Aakash Namkeen was founded in 1932.
Where is Aakash Namkeen located?
Aakash Namkeen is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
How many employees does Aakash Namkeen have?
As of Apr 08, 2024, the latest employee count at Aakash Namkeen is 716.
What is the annual revenue of Aakash Namkeen?
Annual revenue of Aakash Namkeen is $49.57M as on Mar 31, 2023.
What does Aakash Namkeen do?
Aakash Namkeen is involved in the production and export of traditional Indian savories and sweets. Based in Indore, India, the company is recognized for capturing the essence of Malwa culture in its diverse product range. Products such as namkeen, makhana, and traditional sweets are offered to cater to various consumer preferences. The company serves both domestic and international markets with a focus on quality and cultural authenticity.
Who are the top competitors of Aakash Namkeen?
Aakash Namkeen's top competitors include Cavinkare, Chings Secret and BambinoAgro.
What products or services does Aakash Namkeen offer?
Aakash Namkeen offers Namkeen, Sweets, and Makhana.
Who are Aakash Namkeen's investors?
Aakash Namkeen has 1 investor. Key investors include Haldiram Foods International.