Daawat

Gurugram, India Founded: 1998 • Age: 28 yrs
Basmati rice is manufactured and distributed worldwide by Daawat.

About Daawat

Daawat is a Consumer company based in Gurugram (India) founded in 1998 by Vijay Kumar Arora. It operates as a basmati rice is manufactured and distributed worldwide by Daawat. The company has 1,193 employees. Its website daawat.com draws about 21 thousand monthly visits. Its Indian entity Lt Foods Limited reported revenue of ₹11,023 Cr. Its focus areas include Food and Agriculture, Food & Beverage Products, Grocery & Staples and Cereal Grains and Flour. Its competitors include Kohinoor Foods, Radikal, Sarveshwar, Bush Foods Overseas and Vajrateja and 2 more; 1 of its 7 listed competitors has raised funding.

Company details

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.

  • Headquarters Gurugram, India
  • Employees 1,193
  • Founders Vijay Kumar Arora
  • Sectors
    Consumer
  • Phone
    •••• ••••
  • Website daawat.com
  • Social X Facebook
  • Legal Name Lt Foods Limited
  • Date of Incorporation 16 Oct, 1990
  • Jurisdiction New Delhi, Delhi, India
Key Metrics
  • Annual Revenue
    ₹11,023 Cr

    FY 2026 · +26% YoY

  • Net Profit
    ₹625 Cr

    FY 2026 · 6% margin

  • EBITDA
    ₹1,242 Cr

    FY 2026 · 11% margin

  • Investors
    SALIC

    & 1 more

  • Employee Count
    1,193

Funding Insights of Daawat

  • Total Rounds 2
  • Investors Count 2

All 2 funding rounds of Daawat with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2020–Private Equity Round–SALIC
–
Dec 2009–Private Equity Round––
Valuation history

2 investors in total: 2 institutional.

Investors in Daawat

Daawat has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SALIC and Rabo Equity Advisors.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Investment and finance are provided for agriculture and livestock sectors.
2012salic.comRiyadh, Saudi Arabia
Manages diversified investment funds and portfolios for clients.
1972raboequity.comDelhi, India
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Investor details for Daawat

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Board of directors of Lt Foods Limited (Daawat)

Lt Foods Limited is the primary company behind Daawat. The board of Lt Foods Limited currently have 10 directors; the longest-serving is Vijay Kumar Arora, appointed in 2004. 17 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vijay Kumar Arora
DIN 00012203
Managing Director29 Sep 200422 yrsLt Foods Limited
Ashwani Kumar Arora
DIN 01574773
Managing Director22 Jun 200719 yrs 3 moLt Foods Limited
Surinder Kumar Arora
DIN 01574728
Managing Director22 Jun 200719 yrs 3 moLt Foods Limited
Ambika Sharma
DIN 08201798
Director10 Mar 20215 yrs 7 moLt Foods Limited
Abhiram Seth
DIN 00176144
Director22 Jul 20215 yrs 2 moLt Foods Limited
Alrumaih Sulaiman Abdulrahman S
DIN 09091328
Director28 Feb 20233 yrs 7 moLt Foods Limited
Raju Lal
DIN 10347298
Director25 Jan 20242 yrs 8 moLt Foods Limited
Ashok Kumar Arora
DIN 02259429
Whole-time director08 Apr 20266 moLt Foods Limited
Rima Gupta
DIN 00360408
Director08 Apr 20266 moLt Foods Limited
Raj Kumar Jain
DIN 01741527
Director14 May 20265 moLt Foods Limited

People of Daawat

1 people are tracked at Daawat (1 in leadership); the tracked headcount is 1,193.

NameRoleGroup
FounderLeadership
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Financials of Daawat

Figures of Lt Foods Limited, the primary company behind Daawat, for FY 2026. Revenue was ₹11,023 Cr (+26% year on year). Net profit was ₹625 Cr (6% margin). EBITDA was ₹1,242 Cr (11% margin). Revenue has grown at a compounded annual rate of +16% over three years and +18% over five years.

  • ₹11,023 CrRevenue · FY 2026 · +26% YoY
  • ₹625 CrNet profit · 6% margin
  • ₹1,242 CrEBITDA · 11% margin
  • ₹34.73 CrPaid-up capital
  • 1,193Employees (provident fund records)
  • +16%Revenue CAGR, 3 years
  • +18%Revenue CAGR, 5 years

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

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Detailed financial statements for Daawat

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Timeline of Daawat

3 dated milestones of Daawat across 22 years, from founding to its latest funding, stage changes and deals.

  1. Founded Daawat is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Private Equity Round,.

Competitors of Daawat

Daawat has 7 listed competitors in our database, 1 of them funded. They include Kohinoor Foods, Radikal, Sarveshwar, Bush Foods Overseas and Vajrateja, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
kohinoorfoods.in1989Delhi, India–90
Basmati rice, ready-to-eat meals, and frozen foods are manufactured.
radikalway.com2009Delhi, India$34.55M28
Processed Basmati rice products are manufactured in Delhi.
sarveshwarfoods.com1890Jammu, India–31
Various Basmati rice types are provided to customers.
bushfoodsbasmati.com1992Delhi, India––
Rice producer and seller
vajratejarice.com2002Nalgonda, India–78
Manufactures and supplies premium rice varieties with modern technology in Telangana region.
grmrice.com1972Delhi, India–11
Rice varieties are manufactured and distributed by GRM.
grmfoods.com1972Kurukshetra, India––
Manufactures and exports high-quality Basmati rice varieties since 1972.
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Detailed competitors of Daawat

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Web traffic of Daawat

The website of Daawat (daawat.com) receives about 21.2K visits a month.

  • Monthly visits
    21.2K

    ▼ 20.4% vs previous month

Similar websites

Websites whose visitors overlap most with Daawat. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
food.sify.com
food.sify.com
100%
–––
tarladalal.com
100%
–#117,998View details
ruchiskitchen.com
ruchiskitchen.com
99%
–#448,902–
chinesefood.about.com
chinesefood.about.com
98%
–––
recipedelights.com
83%
––View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 22 similar websites and full traffic analytics for Daawat

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Top companies in Food & Beverage Products & Processing

10 companies that operate in the same segment as Daawat (Food & Beverage Products & Processing), 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
Hens and cattle are reared to supply eggs and butter.
2007Austin, Texas, United StatesUSD 49.96 MUSD 759.44 M598
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Provider of bakery-cafe services and a loyalty program
1987St. Louis, Missouri, United StatesUSD 145.61 M––
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 97.26 M2,828
Dry snacks and coffee are manufactured and distributed.
2015Chennai, Tamil Nadu, IndiaUSD 16.52 MUSD 208 K29
Food, snacks, and beverages are produced and distributed globally.
1898Purchase, New York, United States–USD 93.92 B319,000
Multi-category organic dairy products are offered online.
2010Tiptur, Karnataka, IndiaUSD 58.15 MUSD 23.34 M810
Packaged food products are offered through an online platform.
2019Mumbai, Maharashtra, IndiaUSD 37.6 MUSD 4.41 M168
Multi-category food and beverage products are produced and distributed globally.
1866Vevey, Vaud, Switzerland–USD 2.36 B16,250
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Related news about Daawat

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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.

Daawat has 1,193 employees.

The primary company behind Daawat, Lt Foods Limited, reported revenue of ₹11,023 Cr for FY 2026, up 26% year on year.

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.

Daawat operates through Lt Foods Limited.

The legal entities of Daawat currently have 12 directors, including Vijay Kumar Arora, Ashwani Kumar Arora, Surinder Kumar Arora and others.

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