Adukale

Bengaluru, India Founded: 2016 • Age: 10 yrs Minicorn
Snacks are branded and distributed by Adukale in India.

About Adukale

Adukale is a Consumer company based in Bengaluru (India) founded in 2016 by M S Ravindra, Malathi Sharma, and Nagaratna Ravindra. Snacks are branded and distributed by Adukale in India. Adukale has raised $4.19 million across 7 funding rounds from investors including LetsVenture, Force Ventures and Padmashree Diagnostics. The company has 76 employees. Adukale was last valued at $10.34 million in July 2024. Its chief executive, as recorded, is Bharat Kaushik. Its Indian entity Sankethi Nutriments Private Limited reported revenue of β‚Ή27.82 Cr. Its focus areas include Food and Agriculture, Food & Beverage Products, Convenience Foods and Multi-category. Its competitors include Cavinkare, Chings Secret and BambinoAgro; 1 of its 3 listed competitors has raised funding.

Company details

Adukale was established in 2016 in Bengaluru, India, within the food sector. Operations center on the production and marketing of snacks, accessible via the domain adukale.com. The company is led by co-founders M S Ravindra, Malathi Sharma, and Nagaratna Ravindra, with Bharat Kaushik serving as CEO. Focus remains on snack offerings tailored to the Indian market, supported by key personnel details including DIN and PAN identifiers.

  • Headquarters Bengaluru, India
  • Employees 76
  • Founders M S Ravindra, Malathi Sharma, Nagaratna Ravindra
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website adukale.com
  • Social X Facebook Instagram
  • Legal Name Sankethi Nutriments Private Limited
  • Date of Incorporation 12 Mar, 2018
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹27.82 Cr

    FY 2025 · +90% YoY

  • Net Loss
    -₹14.70 Cr

    FY 2025 · -53% margin

  • EBITDA
    -₹18.43 Cr

    FY 2025 · -66% margin

  • Total Equity Funding
    $4.19M (USD)

    in 7 rounds

  • Latest Funding Round
    $969.51K (USD), Seed

    Aug 2025

  • Investors
    LetsVenture

    & 48 more

  • Employee Count
    76

Funding Insights of Adukale

Adukale has successfully raised a total of $4.19M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $969.51 thousand completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $4.19M
  • Total Rounds 7
  • Last Round Seed β€” $969,514
  • First Round $165,843

    (Mar 2019)

  • Investors Count 49

All 7 funding rounds of Adukale with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2025$969,514Seed–Akshaya Mayur
Feb 2025$351,147Seed––
–
Aug 2024Seed–NuVentures
–
Jul 2024$826,413Seed$10.34MMonster Mind Fortunes LLP, Subrata Mitra
Jan 2024$1.34MSeed$7.86MForce Ventures, LetsVenture
May 2023$534,028Seed$β€’β€’β€’β€’β€’Anyaa Ventures, R Narayanan
Mar 2019$165,843Seed$β€’β€’β€’β€’β€’72 Degrees
Valuation history
DateValuationStage
Jul 2024$10.34Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2024$7.86Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2023$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Mar 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Adukale

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Last known valuation $10.34M (Jul 2024). 49 investors in total: 14 institutional and 35 angel.

Investors in Adukale

Adukale has secured backing from 49 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LetsVenture, Force Ventures and Padmashree Diagnostics.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
NuVentures is engaged in venture capital investments for startups.
nuventures.vcBengaluru, India
Angel investor network for businesses
72degrees.co.inBengaluru, India
Seed-stage investments are targeted by Anyaa Ventures in early startups.
Bengaluru, India
Venture capital and debt firm focused on pre-seed to series A stage companies
2021forceventures.inBengaluru, India
anicutcapital.com
Offers IT consulting, cybersecurity, and ERP services to businesses globally.
2008pkf.co.inMumbai, India
Diagnostic services including testing and consultations are delivered in Bengaluru.
padmashree.inBengaluru, India
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Investor details for Adukale

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Board of directors of Sankethi Nutriments Private Limited (Adukale)

Sankethi Nutriments Private Limited is the primary company behind Adukale. The board of Sankethi Nutriments Private Limited currently have 5 directors; the longest-serving is Malathi Sharma, appointed in 2018. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Malathi Sharma
DIN 08056571
Director12 Mar 20188 yrs 8 moSankethi Nutriments Private Limited
Mysore Srikantiah Ravindra
DIN 07623313
Director12 Mar 20188 yrs 8 moSankethi Nutriments Private Limited
Nagaratna Ravindra
DIN 08056565
Director12 Mar 20188 yrs 8 moSankethi Nutriments Private Limited
Bharat Ravindra Kaushik
DIN 07927278
Director08 Feb 20197 yrs 9 moSankethi Nutriments Private Limited
Ramaswamy Narayanan
DIN 07929712
Director18 May 20233 yrs 5 moSankethi Nutriments Private Limited

People of Adukale

4 people are tracked at Adukale (4 in leadership); the tracked headcount is 76.

NameRoleGroup
M S Ravindra
Co-FounderLeadership
Co-FounderLeadership
Co-FounderLeadership
CEOLeadership
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Financials of Adukale

Figures of Sankethi Nutriments Private Limited, the primary company behind Adukale, for FY 2025. Revenue was ₹27.82 Cr (+90% year on year). Net loss was -₹14.70 Cr (-53% margin). EBITDA was -₹18.43 Cr (-66% margin). Revenue has grown at a compounded annual rate of +57% over three years and +51% over five years.

  • ₹27.82 CrRevenue · FY 2025 · +90% YoY
  • -₹14.70 CrNet loss · -53% margin
  • -₹18.43 CrEBITDA · -66% margin
  • ₹30.2 LakhPaid-up capital
  • 76Employees (provident fund records)
  • +57%Revenue CAGR, 3 years
  • +51%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Sankethi Nutriments Private Limited are on its company page.

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Detailed financial statements for Adukale

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Timeline of Adukale

4 dated milestones of Adukale across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Adukale is founded.
  2. Funding First funding round of $166K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $970K.

Competitors of Adukale

Adukale has 3 listed competitors in our database, 1 of them funded. They include Cavinkare, Chings Secret and BambinoAgro.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cavinkare.com1983Chennai, India$45M2,526
Multicategory convenience food products are offered as an internet-first brand.
chingssecret.com1996Mumbai, India24
Private label brand for Indo-Chinese fusion food
bambinoagro.com1983Secunderabad, India393
Food products are manufactured and supplied, specializing in pasta.
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Detailed competitors of Adukale

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Web traffic of Adukale

The website of Adukale (adukale.com) receives about 9.4K visits a month.

  • Monthly visits
    9.4K

    ▼ 50% vs previous month

Similar websites

Websites whose visitors overlap most with Adukale. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
tomatoblues.com
tomatoblues.com
100%
#1,550,394–
foodie-trail.com
foodie-trail.com
96%
#1,304,262–
maayeka.com
maayeka.com
82%
#1,085,729–
ticklingpalates.com
ticklingpalates.com
82%
#5,009,960–
madhuseverydayindian.com
madhuseverydayindian.com
74%
#771,092–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 12 similar websites and full traffic analytics for Adukale

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Verified entity values are shown only after access is granted.

Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as Adukale (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 61.39 M2,059
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 143.51 M2,828
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Related news about Adukale

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Frequently Asked Questions about Adukale

Adukale was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Adukale is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Bharat Kaushik is the CEO of Adukale, as recorded in our data.

Adukale is a funded company, having raised a total of $4.19M across 7 funding rounds to date. The company's 1st funding round was a Seed of $165.84K, raised on Mar 2019.

Adukale has 76 employees.

The primary company behind Adukale, Sankethi Nutriments Private Limited, reported revenue of β‚Ή27.82 Cr for FY 2025, up 90% year on year.

Adukale was established in 2016 in Bengaluru, India, within the food sector. Operations center on the production and marketing of snacks, accessible via the domain adukale.com. The company is led by co-founders M S Ravindra, Malathi Sharma, and Nagaratna Ravindra, with Bharat Kaushik serving as CEO. Focus remains on snack offerings tailored to the Indian market, supported by key personnel details including DIN and PAN identifiers.

Adukale's top competitors include Cavinkare, Chings Secret and BambinoAgro.

Adukale has 49 investors. Key investors include LetsVenture, Force Ventures, Padmashree Diagnostics, PKF Consulting Services, and NuVentures.

The valuation of Adukale is $10.34M as of Jul 2024.

Adukale operates through Sankethi Nutriments Private Limited.

The legal entities of Adukale currently have 5 directors, including Bharat Ravindra Kaushik, Malathi Sharma, Mysore Srikantiah Ravindra and others.

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