About Aeroplane Rice
Aeroplane Rice is a company based in Delhi (India) founded in 1969 by Rahul Suri and Jagdish Kumar Suri. Aeroplane Rice has raised $836.84 thousand across 2 funding rounds from investors including Somani Ventures And Innovation, Diva Deven Pathak and Ankit Agrawal. The company has 53 employees as of March 29, 2024. Aeroplane Rice offers products and services including Aeroplane Basmati Rice, Aeroplane Classic, and Aeroplane Brown Rice. Aeroplane Rice operates in a competitive market with competitors including Daawat, Kohinoor Foods, Radikal, Sarveshwar and Bush Foods Overseas, among others.
- Headquarter Delhi, India
- Employees 53 as on 29 Mar, 2024
- Founders Rahul Suri, Jagdish Kumar Suri
- 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 Amir Chand Jagdish Kumar (Exports) Limited
- Date of Incorporation 29 Aug, 2003
- Jurisdiction Delhi, India
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Annual Revenue
$159.49 M (USD)7.69as on Mar 31, 2023
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Net Profit
$2.12 M (USD)5.37as on Mar 31, 2023
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EBITDA
$10.81 M (USD)54.47as on Mar 31, 2023
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Total Equity Funding
$836.84 K (USD)
in 2 rounds
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Latest Funding Round
$479.16 K (USD), Unspecified
Sep 23, 2024
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Investors
Somani Ventures And Innovation
& 2 more
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Employee Count
53
as on Mar 29, 2024
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Products & Services of Aeroplane Rice
Aeroplane Rice offers a comprehensive portfolio of products and services, including Aeroplane Basmati Rice, Aeroplane Classic, and Aeroplane Brown Rice.
Premium basmati rice for global export and domestic markets
Variety of basmati rice for retail and institutional use
Health-focused basmati rice option for consumers
Funding Insights of Aeroplane Rice
Aeroplane Rice has successfully raised a total of $836.84K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $479.16 thousand completed in September 2024. 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 Total Funding
- Total Rounds 2
- Last Round Unspecified — $479,164
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First Round
First Round
(24 Aug 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Unspecified - Aeroplane Rice | Valuation | Somani Ventures And Innovation | |
| Aug, 2024 | Amount | Unspecified - Aeroplane Rice | Valuation | Ankit Agrawal |
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Investors in Aeroplane Rice
Aeroplane Rice has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Somani Ventures And Innovation, Diva Deven Pathak and Ankit Agrawal.
| Investor | Description | Founded Year | Domain | Location |
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DD
Diva Deven Pathak |
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Founded Year | Domain | Location |
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AA
Ankit Agrawal |
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Founded Year | Domain | Location |
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Founded Year | Domain | Location |
Investments & Acquisitions by Aeroplane Rice
Financial Statements - Aeroplane Rice
Aeroplane Rice Comparisons
Competitors of Aeroplane Rice
Aeroplane Rice 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 Daawat, Kohinoor Foods, Radikal, Sarveshwar and Bush Foods Overseas, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Basmati rice is manufactured and distributed worldwide by Daawat.
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| domain | founded_year | HQ Location |
Basmati rice, ready-to-eat meals, and frozen foods are manufactured.
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| domain | founded_year | HQ Location |
Processed Basmati rice products are manufactured in Delhi.
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| domain | founded_year | HQ Location |
Various Basmati rice types are provided to customers.
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| domain | founded_year | HQ Location |
Rice producer and seller
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| domain | founded_year | HQ Location |
Manufactures and supplies premium rice varieties with modern technology in Telangana region.
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Latest news on Aeroplane Rice
Frequently Asked Questions about Aeroplane Rice
Aeroplane Rice was founded in 1969 and raised its 1st funding round 55 years after it was founded.
Aeroplane Rice is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Aeroplane Rice is a funded company, having raised a total of $836.84K across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $357.67K, raised on Aug 24, 2024.
As of Mar 29, 2024, the latest employee count at Aeroplane Rice is 53.
Annual revenue of Aeroplane Rice is $159.49M as on Mar 31, 2023.
Aeroplane Rice was founded in 1969 in Delhi, India, as a brand focused on basmati rice within the food sector. Products such as Everyday, Super, Apple, Gold Basmati Rice, Biryani Rice, and Special Packs are provided to meet diverse needs. The company is managed by co-founders Rahul Suri and Jagdish Kumar Suri, who serve as managing directors. Operations are centered in India, emphasizing rice processing and distribution.
Aeroplane Rice's top competitors include Daawat, Kohinoor Foods and Sarveshwar.
Aeroplane Rice offers Aeroplane Basmati Rice, Aeroplane Classic, and Aeroplane Brown Rice.
Aeroplane Rice has 3 investors. Key investors include Somani Ventures And Innovation, Diva Deven Pathak, and Ankit Agrawal.
The valuation of Aeroplane Rice is $149.27M as of Sep 2024.