About Daawat
Daawat is a company based in Gurugram (India) founded in 1998 by Vijay Kumar Arora. The company has 1,193 employees as of September 08, 2024. Daawat operates in a competitive market with competitors including Kohinoor Foods, Radikal, Sarveshwar, Bush Foods Overseas and Vajrateja, among others.
- Headquarter Gurugram, India
- Employees 1193 as on 08 Sep, 2024
- Founders Vijay Kumar Arora
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name Lt Foods Limited
- Date of Incorporation 16 Oct, 1990
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$839.1 M (USD)28.04as on Mar 31, 2023
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Net Profit
$50.83 M (USD)36.72as on Mar 31, 2023
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EBITDA
$84.25 M (USD)25.31as on Mar 31, 2023
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Latest Funding Round
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Investors
SALIC
& 1 more
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Employee Count
1193
as on Sep 08, 2024
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Funding Insights of Daawat
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Private Equity Round - Daawat | Valuation | SALIC |
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| Dec, 2009 | Amount | Private Equity Round - Daawat | Valuation |
investors |
Investors in Daawat
Daawat has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SALIC and Rabo Equity Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment and finance are provided for agriculture and livestock sectors.
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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 |
Investments & Acquisitions by Daawat
Financial Statements - Daawat
Daawat Comparisons
Competitors of Daawat
Daawat 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 Kohinoor Foods, Radikal, Sarveshwar, Bush Foods Overseas and Vajrateja, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Basmati rice, ready-to-eat meals, and frozen foods are manufactured.
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| domain | founded_year | HQ Location |
Processed Basmati rice products are manufactured in Delhi.
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| domain | founded_year | HQ Location |
Various Basmati rice types are provided to customers.
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| domain | founded_year | HQ Location |
Rice producer and seller
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| domain | founded_year | HQ Location |
Manufactures and supplies premium rice varieties with modern technology in Telangana region.
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Frequently Asked Questions about Daawat
Daawat was founded in 1998 and raised its 1st funding round 11 years after it was founded.
Daawat is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
As of Sep 08, 2024, the latest employee count at Daawat is 1,193.
Annual revenue of Daawat is $839.1M as on Mar 31, 2023.
Daawat was established in 1998 in Gurugram, India, as a basmati rice manufacturer within the food sector. Products are produced and supplied through online retailers, organized retail outlets, and independent stores. Availability extends to 60 countries globally, with operations focused on rice processing and international distribution. The company was founded by Vijay Kumar Arora.
Daawat's top competitors include Kohinoor Foods, Sarveshwar and GRM Rice.
Daawat has 2 investors. Key investors include SALIC, and Rabo Equity Advisors.