Chhajed Foods

Ahmedabad, India Founded: 1979 • Age: 47 yrs Minicorn
Limited information available

About Chhajed Foods

Chhajed Foods is a Consumer company based in Ahmedabad (India) founded in 1979. Limited information available. Chhajed Foods has raised $9.35 million across 3 funding rounds from investors including Gujarat Venture Finance, Vax Housing Finance and Sheetal Securities. Chhajed Foods was last valued at $18.07 million in June 2017. Its Indian entity Lavish Foods Private Limited reported revenue of β‚Ή2.2 Lakh. Its focus areas include Food and Agriculture, Food & Beverage Products, Convenience Foods and Pasta and Noodles.

Company details

Chhajed Foods was established in 1979 in Ahmedabad, India, within the food processing sector. Operations are centered on production and supply of food items from facilities in Gujarat. Distribution occurs primarily in domestic markets. Leadership is handled by Managing Director Rajesh Shubh Karan Chhajed. Specific product lines and service details remain limited in available records, with activities aligned to regional food industry needs.

  • Headquarters Ahmedabad, India
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website chhajedfoods.com
  • Legal Name Lavish Foods Private Limited
  • Date of Incorporation 11 Mar, 2011
  • Jurisdiction Ahmedabad, Gujarat, India
Key Metrics
  • Annual Revenue
    ₹2.2 Lakh

    FY 2021

  • Net Profit
    ₹13,868

    FY 2021 · 6% margin

  • EBITDA
    ₹15,868

    FY 2021 · 7% margin

  • Total Equity Funding
    $9.35M (USD)

    in 3 rounds

  • Latest Funding Round
    $4.65M (USD), Series A

    Jun 2017

  • Investors

Funding Insights of Chhajed Foods

Chhajed Foods has successfully raised a total of $9.35M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.65 million completed in June 2017. 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 $9.35M
  • Total Rounds 3
  • Last Round Series A β€” $4.65M
  • First Round $102,065

    (Mar 2008)

  • Investors Count 7

All 3 funding rounds of Chhajed Foods with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2017$4.6MUnspecified$18.07MGujarat Venture Finance
–
Jun 2017$4.65MSeries A–Gujarat Venture Finance
–
Mar 2008$102,065Unspecified$727,727Sheetal Securities, Vax Housing Finance
Valuation history
DateValuationStage
Jun 2017$18.07Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $18.07M (Jun 2017). 7 investors in total: 6 institutional and 1 angel.

Investors in Chhajed Foods

Chhajed Foods has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Gujarat Venture Finance, Vax Housing Finance and Sheetal Securities.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are made in Indian startups across multiple sectors.
1990gvfl.comAhmedabad, India
Housing finance solutions are offered to customers in India.
1994vaxhousing.comAhmedabad, India
Manufacturer of plastic products
Ahmedabad, India
Other chemical products are manufactured by Sonal Sil Chem.
Ahmedabad, India

Praveen Bafna

unknown_79bdaefa73d04c82a
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Investor details for Chhajed Foods

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Board of directors of Lavish Foods Private Limited (Chhajed Foods)

Lavish Foods Private Limited is the primary company behind Chhajed Foods. The boards of the 3 registered companies of Chhajed Foods currently have 9 directors; the longest-serving is Inder Chand Sethia, appointed in 2004. 14 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Inder Chand Sethia
DIN 01282401
Director09 Mar 200422 yrs 8 moAdvance Wheelcare Private Limited
Sangita Inderchand Sethia
DIN 03048664
Additional Director11 Apr 200917 yrs 7 moAdvance Wheelcare Private Limited
Payank Jayantibhai Patel
DIN 01795583
Director11 Mar 201115 yrs 8 moLavish Foods Private Limited
Praveen Kumar Bafna
DIN 06818127
Additional Director19 Feb 201412 yrs 8 moLavish Foods Private Limited
Mangalchand Malchand Nolkha
DIN 06818114
Additional Director19 Feb 201412 yrs 8 moLavish Foods Private Limited
Varun Udayanbhai Gajjar
DIN 02457443
Director22 Aug 20233 yrs 2 moChhajed Foods Private Limited
Dilipkumar Vijaykumar Thakkar
DIN 01479315
Director22 Aug 20233 yrs 2 moChhajed Foods Private Limited
Kamalkumar Sheth
DIN 05149334
Director22 Aug 20233 yrs 2 moChhajed Foods Private Limited
Chirag Ramjibhai Savaliya
DIN 10890013
Director03 Jan 20251 yr 10 moChhajed Foods Private Limited

People of Chhajed Foods

1 people are tracked at Chhajed Foods (1 in leadership).

NameRoleGroup
Rajesh Shubh Karan Chhajed
Managing DirectorLeadership
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Financials of Chhajed Foods

Figures of Lavish Foods Private Limited, the primary company behind Chhajed Foods, for FY 2021. Revenue was ₹2.2 Lakh. Net profit was ₹13,868 (6% margin). EBITDA was ₹15,868 (7% margin).

  • ₹2.2 LakhRevenue · FY 2021
  • ₹13,868Net profit · 6% margin
  • ₹15,868EBITDA · 7% margin
  • ₹1 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Lavish Foods Private Limited are on its company page.

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Detailed financial statements for Chhajed Foods

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Timeline of Chhajed Foods

4 dated milestones of Chhajed Foods across 38 years, from founding to its latest funding, stage changes and deals.

  1. Founded Chhajed Foods is founded.
  2. Funding First funding round of $102K.
  3. Funding Latest funding round, Series A, of $4.7M.
  4. Milestone Reaches Minicorn status.

Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as Chhajed Foods (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 61.39 M2,059
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 143.51 M2,828
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Related news about Chhajed Foods

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Frequently Asked Questions about Chhajed Foods

Chhajed Foods was founded in 1979 and raised its 1st funding round 29 years after it was founded.

Chhajed Foods is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Chhajed Foods is a funded company, having raised a total of $9.35M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $102.07K, raised on Mar 2008.

The primary company behind Chhajed Foods, Lavish Foods Private Limited, reported revenue of β‚Ή2.2 Lakh for FY 2021.

Chhajed Foods was established in 1979 in Ahmedabad, India, within the food processing sector. Operations are centered on production and supply of food items from facilities in Gujarat. Distribution occurs primarily in domestic markets. Leadership is handled by Managing Director Rajesh Shubh Karan Chhajed. Specific product lines and service details remain limited in available records, with activities aligned to regional food industry needs.

Chhajed Foods has 7 investors. Key investors include Gujarat Venture Finance, Vax Housing Finance, Sheetal Securities, Sonal International, and Sonal Sil Chem.

The valuation of Chhajed Foods is $18.07M as of Jun 2017.

Chhajed Foods is associated with 3 legal entities: Lavish Foods Private Limited, Chhajed Foods Private Limited, Advance Wheelcare Private Limited.

The legal entities of Chhajed Foods currently have 10 directors, including Varun Udayanbhai Gajjar, Dilipkumar Vijaykumar Thakkar, Kamalkumar Sheth and others.

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