About Candor Foods
Candor Foods is a company based in Mumbai (India) founded in 2013 by Yash Gawdi. Candor Foods has raised $6.09 million across 1 funding round from investors including O'AgriFarm. The company has 78 employees as of March 31, 2024. Candor Foods offers products and services including Manufacturing Services and Packaging Services. Candor Foods operates in a competitive market with competitors including Cavinkare, Chings Secret, Adukale, BambinoAgro and Meal of the Moment, among others.
- Headquarter Mumbai, India
- Employees 78 as on 31 Mar, 2024
- Founders Yash Gawdi
- 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 Candor Foods Pvt. Ltd.
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$19.04 M (USD)27.47as on Mar 31, 2023
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Net Profit
-$383 K (USD)-56.75as on Mar 31, 2023
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EBITDA
-$690.49 K (USD)-508.51as on Mar 31, 2023
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Total Equity Funding
$6.09 M (USD)
in 1 rounds
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Latest Funding Round
$6.09 M (USD), Series A
Dec 08, 2022
- Investors
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Employee Count
78
as on Mar 31, 2024
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Products & Services of Candor Foods
Candor Foods offers a comprehensive portfolio of products and services, including Manufacturing Services and Packaging Services.
Offers scalable manufacturing for health food products
Provides tailored packaging solutions for brands
Funding Insights of Candor Foods
Candor Foods has successfully raised a total of $6.09M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.09 million completed in December 2022. 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 Candor Foods
Candor Foods has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include O'AgriFarm.
| Investor | Description | Founded Year | Domain | Location |
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Provider of agriculture fulfillment and financing platform
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Investor details for Candor Foods
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Investments & Acquisitions by Candor Foods
Investment portfolio details for Candor Foods
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Financial Statements - Candor Foods
Detailed financials for Candor Foods
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Candor Foods Comparisons
Peer comparison for Candor Foods
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Competitors of Candor Foods
Candor 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 Cavinkare, Chings Secret, Adukale, BambinoAgro and Meal of the Moment, among others.
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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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Snacks are branded and distributed by Adukale in India.
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Food products are manufactured and supplied, specializing in pasta.
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Ready-to-eat Indian snacks and meals are provided by the brand.
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Manufactures and operates as a private label brand for processed packaged foods.
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Detailed competitors of Candor Foods
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Latest news on Candor Foods
Complete news archive for Candor Foods
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Frequently Asked Questions about Candor Foods
Candor Foods was founded in 2013 and raised its 1st funding round 9 years after it was founded.
Candor Foods is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Yash Gawdi is the current CEO of Candor Foods. They have also founded this company.
Candor Foods is a funded company, having raised a total of $6.09M across 1 funding round to date.
As of Mar 31, 2024, the latest employee count at Candor Foods is 78.
Annual revenue of Candor Foods is $19.04M as on Mar 31, 2023.
Candor Foods was established in 2013 in Mumbai, India. Operations focus on the food processing sector, where dry fruits, dates, and nuts are manufactured and processed. Services are extended to provide these products through dedicated facilities. The company is led by founder Yash Gawdi as CEO, with activities centered in the Indian market.
Candor Foods's top competitors include Cavinkare, Chings Secret and BambinoAgro.
Candor Foods offers Manufacturing Services and Packaging Services.
Candor Foods has 1 investor. Key investors include O'AgriFarm.
The valuation of Candor Foods is $11.95M as of Dec 2022.