About Cavinkare
Cavinkare is a company based in Chennai (India) founded in 1983 by Chinni Krishnan Ranganathan.. Cavinkare has raised $59.2 million across 2 funding rounds from investors including ChrysCapital and Nivesh Investments. The company has 493 employees as of March 29, 2024.
- Headquarter Chennai, India
- Employees 493 as on 29 Mar, 2024
- Founders Chinni Krishnan Ranganathan
- Stage Minicorn
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cavinkare Private Limited
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$235.9 M (USD)14.1as on Mar 31, 2023
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Net Profit
$7.87 M (USD)60.66as on Mar 31, 2023
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EBITDA
$22.68 M (USD)35.34as on Mar 31, 2023
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Total Equity Funding
$59.2 M (USD)
in 2 rounds
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Latest Funding Round
$45 M (USD), Series B
Jun 03, 2013
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Investors
ChrysCapital
& 1 more
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Employee Count
493
as on Mar 29, 2024
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Sales and Marketing
61 people
Software Development Team
40 people
Human Resources and Administration
19 people
Leadership Team
12 people
Senior Team
11 people
Product Management Team
10 people
Brand Team
9 people
Business Team
7 people
Unlock access to complete
Funding Insights of Cavinkare
Cavinkare has successfully raised a total of $59.2M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $45 million completed in June 2013. 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 Series B — $45.0M
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First Round
First Round
(31 May 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2013 | Amount | Series B - Cavinkare | Valuation | ChrysCapital |
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| May, 2013 | Amount | Unspecified - Cavinkare | Valuation |
investors |
| 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 Cavinkare
Cavinkare has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include ChrysCapital and Nivesh Investments. 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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Investment firm focusing on private equity in sectors like financial services and healthcare.
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Founded Year | Domain | Location | |
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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 Cavinkare
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Cavinkare
| 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 |
Cavinkare Comparisons
Competitors of Cavinkare
| 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 Cavinkare
Frequently Asked Questions about Cavinkare
When was Cavinkare founded?
Cavinkare was founded in 1983 and raised its 1st funding round 30 years after it was founded.
Where is Cavinkare located?
Cavinkare is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Cavinkare a funded company?
Cavinkare is a funded company, having raised a total of $59.2M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $14.2M, raised on May 31, 2013.
How many employees does Cavinkare have?
As of Mar 29, 2024, the latest employee count at Cavinkare is 493.
What is the annual revenue of Cavinkare?
Annual revenue of Cavinkare is $235.9M as on Mar 31, 2023.
What does Cavinkare do?
Cavinkare was founded in 1983 in Chennai, India, as an FMCG conglomerate. Interests are maintained in personal care, dairy, snacks, food, and beverages sectors. A mother brand is provided for milk and milk-based items, including milkshakes, ghee, curd, UHT milk, and pasteurized milk. Salted snacks such as namkeens and western varieties are also supplied through online channels.
Who are Cavinkare's investors?
Cavinkare has 2 investors. Key investors include ChrysCapital, and Nivesh Investments.
What is Cavinkare's valuation?
The valuation of Cavinkare is $288.4M as of May 2013.