ADF Foods

Mumbai, India Founded: 1932 • Age: 94 yrs
Ethnic Indian foods, pickles, and curries are produced globally.
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About ADF Foods

ADF Foods is a company based in Mumbai (India) founded in 1932. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. ADF Foods offers products and services including Ready-to-Eat Products, Frozen Foods, and Pickles and Chutneys. ADF Foods operates in a competitive market with competitors including Veeba, Heinz, Cremica, Masterchow and Capital Foods, among others.

  • Headquarter Mumbai, India
  • Stage Public
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Adf Foods Limited
Operational Areas
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
    $68.93 M (USD)
    17.78
    as on Mar 31, 2024
  • Net Profit
    $8.09 M (USD)
    -8.01
    as on Mar 31, 2024
  • EBITDA
    $11.49 M (USD)
    13.72
    as on Mar 31, 2024
  • Latest Funding Round
    $10 M (USD), Post-IPO

    May 31, 2022

  • Investors
  • Employee Count
    Employee Count
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IPO & Listings of ADF Foods

ADF Foods is a publicly listed company on the NSE with ticker symbol ADFFOODS in India, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: ADFFOODS . Sector: Consumer non-durables · India

Products & Services of ADF Foods

ADF Foods offers a comprehensive portfolio of products and services, including Ready-to-Eat Products, Frozen Foods, and Pickles and Chutneys. 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.

Primary

Pre-prepared meals are offered for quick consumption globally.

Frozen snacks and vegetables are provided for convenience.

Traditional condiments are produced for meal enhancement worldwide.

People of ADF Foods
Headcount 200-500
Employee Profiles 20
Board Members and Advisors 5
Employee Profiles
People
Bimal R. Thakkar
Chairman & MD
People
Swathi Rai
VP Finance And Operations
People
Shobhit Trivedi
Senior Manager
People
Vaibhav Wattamwar
General Manager

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Board Members and Advisors
people
Viren A. Merchant
Director
people
Jay M. Mehta
Director
people
Ravinder Kumar Jain
Director
people
Deepa Misra Harris
Director

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Funding Insights of ADF Foods

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $10.0M
  • First Round

    (31 May 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Post-IPO - ADF Foods Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ADF Foods

ADF Foods has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sixth Sense Ventures. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital fund investing in consumer-focused startups in India.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ADF Foods

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ADF Foods

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Adf Foods Comparisons

Employees
+
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Competitors of ADF Foods

ADF Foods 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 Veeba, Heinz, Cremica, Masterchow and Capital Foods, 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
domain founded_year HQ Location
Internet first brand of sauces, dips, and other condiment products
domain founded_year HQ Location
Heinz is recognized for producing condiments and packaged foods.
domain founded_year HQ Location
Biscuits, sauces, bread, and related condiments are produced by Cremica.
domain founded_year HQ Location
Multi-category sauces are offered by this internet-first brand.
domain founded_year HQ Location
Capital Foods Limited is engaged in producing packaged food products.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Adf Foods

Frequently Asked Questions about ADF Foods

When was ADF Foods founded?

ADF Foods was founded in 1932 and raised its 1st funding round 90 years after it was founded.

Where is ADF Foods located?

ADF Foods is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of ADF Foods?

Bimal Thakkar is the current CEO of ADF Foods.

What is the annual revenue of ADF Foods?

Annual revenue of ADF Foods is $68.93M as on Mar 31, 2024.

What does ADF Foods do?

ADF Foods is involved in the production and global distribution of ethnic Indian food products, including ready-to-eat meals, frozen foods, pickles, chutneys, and cooking pastes. The company operates in over 55 countries, serving major grocery chains and ethnic stores. Its offerings are focused on taste, ease, and quality, supported by state-of-the-art manufacturing facilities with strict hygiene norms. Sectors include consumer packaged goods with a strong emphasis on food and beverage solutions.

Who are the top competitors of ADF Foods?

ADF Foods's top competitors include Veeba, Heinz and Masterchow.

What products or services does ADF Foods offer?

ADF Foods offers Ready-to-Eat Products, Frozen Foods, and Pickles and Chutneys.

Is ADF Foods publicly traded?

Yes, ADF Foods is publicly traded on NSE under the ticker symbol ADFFOODS.

Who are ADF Foods's investors?

ADF Foods has 1 investor. Key investors include Sixth Sense Ventures.

What is ADF Foods's ticker symbol?

The ticker symbol of ADF Foods is ADFFOODS on NSE.

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