About Adukale
Adukale is a company based in Bengaluru (India) founded in 2016 by M S Ravindra, Malathi Sharma, and Nagaratna Ravindra. Adukale has raised $3.84 million across 6 funding rounds from investors including LetsVenture, Force Ventures and Padmashree Diagnostics. The company has 76 employees as of April 05, 2024. Adukale operates in a competitive market with competitors including Cavinkare, Chings Secret, BambinoAgro, Candor Foods and Annapurna Group, among others.
- Headquarter Bengaluru, India
- Employees 76 as on 05 Apr, 2024
- Founders M S Ravindra, Malathi Sharma, Nagaratna Ravindra
- Stage Minicorn
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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 Sankethi Nutriments Private Limited
- Date of Incorporation 12 Mar, 2018
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$1.11 M (USD)27.51as on Mar 31, 2023
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Net Profit
$29.18 K (USD)13.5as on Mar 31, 2023
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EBITDA
$92.77 K (USD)7.17as on Mar 31, 2023
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Total Equity Funding
$3.84 M (USD)
in 6 rounds
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Latest Funding Round
$969.51 K (USD), Seed
Aug 13, 2025
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Investors
LetsVenture
& 48 more
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Employee Count
76
as on Apr 05, 2024
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Funding Insights of Adukale
Adukale has successfully raised a total of $3.84M across 6 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.
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.
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NuVentures is engaged in venture capital investments for startups.
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Angel investor network for businesses
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Seed-stage investments are targeted by Anyaa Ventures in early startups.
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Investor details for Adukale
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Investments & Acquisitions by Adukale
Investment portfolio details for Adukale
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Financial Statements - Adukale
Detailed financials for Adukale
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Adukale Comparisons
Peer comparison for Adukale
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Competitors of Adukale
Adukale 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, BambinoAgro, Candor Foods and Annapurna Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multicategory convenience food products are offered as an internet-first brand.
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Private label brand for Indo-Chinese fusion food
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Food products are manufactured and supplied, specializing in pasta.
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Dry fruits, dates, and nuts are manufactured and processed.
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Annapurna Group creates pure dairy, jams, sauces, and beverages for consumer well-being.
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Detailed competitors of Adukale
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Latest news on Adukale
Complete news archive for 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 current CEO of Adukale.
Adukale is a funded company, having raised a total of $3.84M across 6 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Adukale is 76.
Annual revenue of Adukale is $1.11M as on Mar 31, 2023.
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.