About Cremica
Cremica is a company based in Delhi (India) founded in 1978 by Rajni Bector.. Cremica has raised $15 million across 2 funding rounds from investors including Rabo Equity Advisors and CX Partners. The company has 602 employees as of February 06, 2025. Cremica offers products and services including Tomato Ketchup, Mayonnaise, Sandwich Spread, Indian Chutneys, and Speciality Sauces. Cremica operates in a competitive market with competitors including Veeba, Heinz, Masterchow, Capital Foods and ADF Foods, among others.
- Headquarter Delhi, India
- Employees 602 as on 06 Feb, 2025
- Founders Rajni Bector
- 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 Cremica Food Industries Limited
- Jurisdiction Phillaur, Punjab, India
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Annual Revenue
$37.25 M (USD)25.55as on Mar 31, 2024
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Net Profit
$1.04 M (USD)1767.34as on Mar 31, 2024
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EBITDA
$2.26 M (USD)22.5as on Mar 31, 2024
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Total Equity Funding
$15 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Unspecified
Jun 01, 2016
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Investors
Rabo Equity Advisors
& 1 more
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Employee Count
602
as on Feb 06, 2025
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Products & Services of Cremica
Cremica offers a comprehensive portfolio of products and services, including Tomato Ketchup, Mayonnaise, Sandwich Spread, Indian Chutneys, and Speciality Sauces. 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.
Sauce made from tomatoes for enhancing meals.
Creamy dressing for sandwiches and salads.
Flavorful mix for bread-based snacks.
Spicy preserves for traditional dishes.
Varied sauces for diverse culinary uses.
Spicy additions for meals and snacks.
Mixtures for enhancing salads.
Flavored liquids for drinks and desserts.
Fruit-based preserve for breads.
Crispy chips in various flavors.
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Funding Insights of Cremica
Cremica has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $15 million completed in June 2016. 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 Unspecified — $15.0M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Unspecified - Cremica | Valuation | Rabo Equity Advisors |
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| Dec, 2015 | Amount | Unspecified - Cremica | 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 Cremica
Cremica has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Rabo Equity Advisors and CX Partners. 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 investments in India are managed by CX Partners.
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Founded Year | Domain | Location | |
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Manages diversified investment funds and portfolios for clients.
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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 Cremica
| 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 - Cremica
| 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 |
Cremica Comparisons
Competitors of Cremica
Cremica 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, Masterchow, Capital Foods 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 |
Multi-category sauces are offered by this internet-first brand.
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| domain | founded_year | HQ Location |
Capital Foods Limited is engaged in producing packaged food products.
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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 Cremica
Frequently Asked Questions about Cremica
When was Cremica founded?
Cremica was founded in 1978 and raised its 1st funding round 37 years after it was founded.
Where is Cremica located?
Cremica is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Cremica a funded company?
Cremica is a funded company, having raised a total of $15M across 2 funding rounds to date.
How many employees does Cremica have?
As of Feb 06, 2025, the latest employee count at Cremica is 602.
What is the annual revenue of Cremica?
Annual revenue of Cremica is $37.25M as on Mar 31, 2024.
What does Cremica do?
Cremica was founded in 1978 in Delhi, India, and operates in the food manufacturing sector. A broad assortment of products is manufactured, encompassing tomato ketchup, mayonnaise, sandwich spreads, specialty and hot sauces, salad dressings, Indian chutneys, syrups, toppings, snacks, jams, and crushes. The focus remains on biscuits, sauces, and bread as core offerings, with distribution centered in India.
Who are the top competitors of Cremica?
Cremica's top competitors include Veeba, Heinz and Masterchow.
What products or services does Cremica offer?
Cremica offers Tomato Ketchup, Mayonnaise, Sandwich Spread, Indian Chutneys, and 6 more products and services.
Who are Cremica's investors?
Cremica has 2 investors. Key investors include Rabo Equity Advisors, and CX Partners.
What is Cremica's valuation?
The valuation of Cremica is $39.17M as of Jun 2016.