About Cremica
Cremica is a company based in Gurugram (India) founded in 1977 by Rajni Bector. It operates as a Direct-to-Consumer (D2C). Cremica has raised $34.94 million across 3 funding rounds from investors including Indiaagribusinessfundii and Jade Dragon. Cremica offers products and services including Biscuits. Cremica operates in a competitive market with competitors including Mondelez International, Unibic, Haldiram Foods International, Haldiram and Kishlay Foods, among others.
- Headquarter Gurugram, India
- Founders Rajni Bector
- Stage Public
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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 Mrs. Bector's Food Specialties Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$34.94 M (USD)
in 3 rounds
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Latest Funding Round
$15 M (USD), Series B
Jun 01, 2016
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Investors
Indiaagribusinessfundii
& 1 more
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Employee Count
Employee Count
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Products & Services of Cremica
Cremica offers a comprehensive portfolio of products and services, including Biscuits. 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.
Biscuits are produced for various consumer preferences.
Funding Insights of Cremica
Cremica has successfully raised a total of $34.94M across 3 strategic funding rounds. The most recent funding activity was a Series B 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 3
- Last Round Series B — $15.0M
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First Round
First Round
(21 Aug 2006)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2016 | Amount | Series B - Cremica | Valuation | Indiaagribusinessfundii |
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| Jan, 2007 | Amount | Series B - Cremica | Valuation | Jade Dragon |
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| Aug, 2006 | Amount | Series A - Cremica | Valuation | Jade Dragon |
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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 Cremica
Cremica has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Indiaagribusinessfundii and Jade Dragon. 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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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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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 Mondelez International, Unibic, Haldiram Foods International, Haldiram and Kishlay 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 |
Multi-category convenience foods are produced and distributed globally.
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| domain | founded_year | HQ Location |
Multi-category snacks are manufactured and distributed by Unibic brand.
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| domain | founded_year | HQ Location |
Offers traditional Indian sweets, namkeen, dry fruits, and beverages for online purchase and delivery.
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| domain | founded_year | HQ Location |
Vegetarian snacks, sweets, beverages, and ready-to-eat meals are offered online.
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| domain | founded_year | HQ Location |
Multi-category snack products are offered via an internet-first brand.
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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 1977 and raised its 1st funding round 29 years after it was founded.
Where is Cremica located?
Cremica is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Cremica?
Amit Sharma is the current CEO of Cremica.
Is Cremica a funded company?
Cremica is a funded company, having raised a total of $34.94M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4.3M, raised on Aug 21, 2006.
What does Cremica do?
Cremica, under Mrs. Bectors Food Specialties Limited, is focused on the production of biscuits. The company operates within the food and beverage sector, offering a range of baked goods. Its products are distributed through various channels to reach consumers. Additionally, the company is associated with other food categories like breads through related brands.
Who are the top competitors of Cremica?
Cremica's top competitors include Mondelez International, Unibic and Haldiram Foods International.
What products or services does Cremica offer?
Cremica offers Biscuits.
Who are Cremica's investors?
Cremica has 2 investors. Key investors include Indiaagribusinessfundii, and Jade Dragon.
What is Cremica's valuation?
The valuation of Cremica is $72.29M as of Jan 2007.
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