About Capital Foods
Capital Foods is a company based in Mumbai (India) founded in 1996 was acquired by Tata Consumer Products in January 2024. It operates as a Direct-to-Consumer (D2C). Capital Foods has raised $40.44 million across 7 funding rounds from investors including Future Group, General Atlantic and Everstone Capital. The company has 508 employees as of April 09, 2024. Capital Foods offers products and services including Ching's Secret and Smith & Jones. Capital Foods operates in a competitive market with competitors including Veeba, Heinz, Cremica, Masterchow and ADF Foods, among others.
- Headquarter Mumbai, India
- Employees 508 as on 09 Apr, 2024
- 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
*********
- Legal Name Capital Foods Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$85.88 M (USD)22.95as on Mar 31, 2023
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Net Profit
$9.03 M (USD)1110.35as on Mar 31, 2023
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EBITDA
$13.08 M (USD)1555.53as on Mar 31, 2023
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Total Equity Funding
$40.44 M (USD)
in 7 rounds
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Latest Funding Round
$2.56 M (USD), Series D
Oct 25, 2019
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Investors
Future Group
& 5 more
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Employee Count
508
as on Apr 09, 2024
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Acquired by
Tata Consumer Products
(Jan 12, 2024)
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Products & Services of Capital Foods
Capital Foods offers a comprehensive portfolio of products and services, including Ching's Secret and Smith & Jones. 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.
Desi Chinese food products are offered by Ching's Secret.
Quick and tasty food solutions are provided by Smith & Jones.
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Funding Insights of Capital Foods
Capital Foods has successfully raised a total of $40.44M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $2.56 million completed in October 2019. 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 7
- Last Round Series D — $2.6M
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First Round
First Round
(31 Oct 2006)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series D - Capital Foods | Valuation | General Atlantic |
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| Apr, 2018 | Amount | Series D - Capital Foods | Valuation | General Atlantic |
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| Aug, 2014 | Amount | Series C - Capital Foods | Valuation | Artal Asia |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Capital Foods
Capital Foods has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Future Group, General Atlantic and Everstone Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Long-term private equity investments in transformational opportunities are pursued.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Capital Foods
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Capital Foods
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Capital Foods Comparisons
Competitors of Capital Foods
Capital 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 ADF 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
|
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| domain | founded_year | HQ Location |
Heinz is recognized for producing condiments and packaged foods.
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| domain | founded_year | HQ Location |
Biscuits, sauces, bread, and related condiments are produced by Cremica.
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| domain | founded_year | HQ Location |
Multi-category sauces are offered by this internet-first brand.
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| domain | founded_year | HQ Location |
Ethnic Indian foods, pickles, and curries are produced globally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Capital Foods
Frequently Asked Questions about Capital Foods
When was Capital Foods founded?
Capital Foods was founded in 1996 and raised its 1st funding round 10 years after it was founded.
Where is Capital Foods located?
Capital Foods is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Capital Foods?
Ayob Salim is the current CEO of Capital Foods.
Is Capital Foods a funded company?
Capital Foods is a funded company, having raised a total of $40.44M across 7 funding rounds to date. The company's 1st funding round was a Series C of $735.44K, raised on Oct 31, 2006.
How many employees does Capital Foods have?
As of Apr 09, 2024, the latest employee count at Capital Foods is 508.
What is the annual revenue of Capital Foods?
Annual revenue of Capital Foods is $85.88M as on Mar 31, 2023.
What does Capital Foods do?
Capital Foods Limited is involved in the production of packaged food products, focusing on innovative categories like Desi Chinese and quick meal solutions. The company operates in the food and beverage sector, offering brands such as Chings Secret and Smith Jones. Its products are distributed across domestic and international markets, catering to diverse consumer preferences with a focus on taste and convenience.
Who are the top competitors of Capital Foods?
Capital Foods's top competitors include Veeba, Heinz and Masterchow.
What products or services does Capital Foods offer?
Capital Foods offers Ching's Secret and Smith & Jones.
Who are Capital Foods's investors?
Capital Foods has 6 investors. Key investors include Future Group, General Atlantic, Everstone Capital, Tata Consumer Products, and Artal Asia.
What is Capital Foods's valuation?
The valuation of Capital Foods is $200.16M as of Oct 2019.