About Cherise
Cherise is a Consumer company based in Mumbai (India) founded in 2018 by Parimal K Shah. It offers a direct-to-consumer brand of multi-category tea products and accessories. It operates on a B2C model. The company has 141 employees. Its chief executive is Parimal K Shah. Its Indian entity Cherise (India) Private Limited reported revenue of ₹140 Cr. Its focus areas include Consumer Goods, Food and Beverage, Beverages and Tea Products. Its competitors include Daalchini, Vendekin, NutriTap, Vendiman and Azgo and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Cherise, led by Parimal K Shah as Founder, CEO, specializes in producing consumer products, food and beverage, producing beverages, and tea products. Offers a direct-to-consumer brand of multi-category tea products and accessories. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
- Headquarters Mumbai, India
- Employees 141
- Founders Parimal K Shah
- SectorsConsumer
- Phone•••• ••••
- Website cheriseglobal.com
- Social X Facebook
- Legal Name Cherise (India) Private Limited
- Date of Incorporation 16 Nov, 2018
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹140 Cr
FY 2025 · +55% YoY
- Net Profit₹13.95 Cr
FY 2025 · 10% margin
- EBITDA₹35.31 Cr
FY 2025 · 25% margin
- Employee Count141
Associated legal entities of Cherise
Cherise operates through Cherise (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cherise (India) Private Limited CIN U74999MH2018PTC317161 | Active | 16 Nov 2018 | Mumbai, Maharashtra | ₹140 Cr | 141 | 4 | View details |
Board of directors of Cherise (India) Private Limited (Cherise)
Cherise (India) Private Limited is the primary company behind Cherise. The board of Cherise (India) Private Limited currently have 2 directors; the longest-serving is Parimal Kalpesh Shah, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Parimal Kalpesh Shah DIN 06719715 | Director | 16 Nov 2018 | 7 yrs 11 mo | Cherise (India) Private Limited |
| Pawan Mundhra DIN 09156105 | Director | 23 Apr 2021 | 5 yrs 5 mo | Cherise (India) Private Limited |
People of Cherise
1 people are tracked at Cherise (1 in leadership); the tracked headcount is 141.
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Cherise
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Financials of Cherise
Figures of Cherise (India) Private Limited, the primary company behind Cherise, for FY 2025. Revenue was ₹140 Cr (+55% year on year). Net profit was ₹13.95 Cr (10% margin). EBITDA was ₹35.31 Cr (25% margin). Revenue has grown at a compounded annual rate of +105% over three years and +232% over five years.
- ₹140 CrRevenue · FY 2025 · +55% YoY
- ₹13.95 CrNet profit · 10% margin
- ₹35.31 CrEBITDA · 25% margin
- ₹7.76 CrPaid-up capital
- 141Employees (provident fund records)
- +105%Revenue CAGR, 3 years
- +232%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cherise (India) Private Limited are on its company page.
Detailed financial statements for Cherise
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Competitors of Cherise
Cherise has 9 listed competitors in our database, 9 of them funded. They include Daalchini, Vendekin, NutriTap, Vendiman and Azgo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| daalchini.co.in | 2017 | Noida, India | $6.73M | 110 | Online platform offering smart vending machine retail solutions | |
| vendekin.com | 2015 | Pune, India | $4.2M | 66 | Cashless vending solutions are integrated for smart product dispensing. | |
| nutritap.in | 2018 | Gurugram, India | $2.24M | 55 | Smart vending machines for corporates are supplied by NutriTap. | |
| vendiman.com | 2013 | Mumbai, India | $11.37M | 105 | Vendiman is recognized as a leading vending machine supplier in India. | |
| azgo.app | 2014 | Bengaluru, India | $1.74M | 11 | IoT-powered snack vending machines for offices | |
| cherisetapri.com | 2019 | Mumbai, India | $2.24M | 96 | Tea and coffee-making machines are provided via an online platform. | |
| grubox.in | 2016 | Gurugram, India | $1.26M | 15 | Fresh meals are accessed through app-enabled smart vending kiosks. | |
| gofrshly.com | 2013 | Chennai, India | $4M | 7 | Vending machines dispensing prepared meals | |
| niflr.com | 2017 | Bengaluru, India | $680,357 | – | Omnichannel grocery retail is operated through self-checkout stores. |
Detailed competitors of Cherise
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Web traffic of Cherise
The website of Cherise (cheriseglobal.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▲ 48.8% vs previous month
Top companies in Alcoholic & Tobacco Products
10 companies that operate in the same segment as Cherise (Alcoholic & Tobacco Products), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Brand of craft beer and brewery chain operator | 2007 | Ellon, Aberdeenshire, United Kingdom | USD 440.93 M | USD 313.06 M | 1,122 | |
Wines, spirits, and champagnes are produced and distributed worldwide. | 1975 | Paris, France | – | USD 10.71 B | 19,560 | |
Flavored craft beers are produced and distributed by Bira 91. | 2015 | Delhi, Delhi, India | USD 456.92 M | USD 105.75 M | 1,020 | |
Brand of beer | 2017 | Milford, United States | USD 251.44 M | – | – | |
Beer and cider brands are produced and marketed worldwide. | 1864 | Amsterdam, Netherlands | – | USD 26.58 B | 86,000 | |
Multi-category alcoholic beverage company | 1886 | London, England, United Kingdom | – | USD 19.36 B | 29,630 | |
Beer production, marketing, and sales are managed globally. | 2008 | Brussels, Brussels-capital Region, Belgium | – | USD 103.65 M | 2,054 | |
Brand of multi-category alcoholic spirits | 2017 | Delhi, Delhi, India | USD 9.83 M | USD 3.99 M | 54 | |
Premium beers, ciders, and non-alcoholic drinks are produced and distributed. | 1847 | Copenhagen, Denmark | – | USD 14.02 B | 32,100 | |
Beer brands are produced and distributed by Ambev in Brazil. | 1999 | Sao Paulo, Brazil | – | USD 16.11 B | 43,000 |
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Related news about Cherise
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Frequently Asked Questions about Cherise
Cherise was founded in 2018.
Cherise is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Parimal K Shah is the current CEO of Cherise. They have also founded this company.
Cherise has 141 employees.
The primary company behind Cherise, Cherise (India) Private Limited, reported revenue of ₹140 Cr for FY 2025, up 55% year on year.
Cherise, led by Parimal K Shah as Founder, CEO, specializes in producing consumer products, food and beverage, producing beverages, and tea products. Offers a direct-to-consumer brand of multi-category tea products and accessories. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Cherise operates through Cherise (India) Private Limited.
The legal entities of Cherise currently have 4 directors, including Pawan Mundhra, Parimal Kalpesh Shah, Vishnu Salunke and others.