About Dunar Basmati Rice
Dunar Basmati Rice is a company based in Karnal (India) founded in 1956. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. Dunar Basmati Rice has raised $33.64 million across 5 funding rounds from investors including International Finance Corporation, TVS Capital Funds and Kanta Gupta. The company has 40 employees as of April 06, 2024. Dunar Basmati Rice offers products and services including Dunar Basmati Rice. Dunar Basmati Rice operates in a competitive market with competitors including Daawat, Kohinoor Foods, Radikal, Sarveshwar and Bush Foods Overseas, among others.
- Headquarter Karnal, India
- Employees 40 as on 06 Apr, 2024
- 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 Dunar Foods Ltd.
- Date of Incorporation 23 Sep, 1997
- Jurisdiction Karnal, Haryana, India
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Annual Revenue
$15.44 M (USD)37.38as on Mar 31, 2024
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Net Profit
$1.62 M (USD)273.29as on Mar 31, 2024
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EBITDA
$491.44 K (USD)28.51as on Mar 31, 2024
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Total Equity Funding
$33.64 M (USD)
in 5 rounds
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Latest Funding Round
$24.71 M (USD), Series B
Nov 30, 2011
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Investors
International Finance Corporation
& 15 more
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Employee Count
40
as on Apr 06, 2024
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Products & Services of Dunar Basmati Rice
Dunar Basmati Rice offers a comprehensive portfolio of products and services, including Dunar Basmati Rice.
Premium basmati rice with unique aroma and flavor.
Funding Insights of Dunar Basmati Rice
Dunar Basmati Rice has successfully raised a total of $33.64M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $24.71 million completed in November 2011. 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 5
- Last Round Series B — $24.7M
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First Round
First Round
(05 Jan 2007)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2011 | Amount | Series B - Dunar Basmati Rice | Valuation | IFC | |
| Mar, 2010 | Amount | Series A - Dunar Basmati Rice | Valuation | Aggarsain Agro Farms |
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| Oct, 2008 | Amount | Series A - Dunar Basmati Rice | Valuation | Dunar Foods |
Investors in Dunar Basmati Rice
Dunar Basmati Rice has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include International Finance Corporation, TVS Capital Funds and Kanta Gupta.
| Investor | Description | Founded Year | Domain | Location |
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Investment in growth equity and insurtech sectors in India.
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Founded Year | Domain | Location | |
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
Investments & Acquisitions by Dunar Basmati Rice
Financial Statements - Dunar Basmati Rice
Dunar Basmati Rice Comparisons
Competitors of Dunar Basmati Rice
Dunar Basmati Rice 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 Daawat, Kohinoor Foods, Radikal, Sarveshwar and Bush Foods Overseas, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Basmati rice is manufactured and distributed worldwide by Daawat.
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| 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 Dunar Basmati Rice
Dunar Basmati Rice was founded in 1956 and raised its 1st funding round 51 years after it was founded.
Dunar Basmati Rice is headquartered in Karnal, India. It is registered at Karnal, Haryana, India.
Dunar Basmati Rice is a funded company, having raised a total of $33.64M across 5 funding rounds to date. The company's 1st funding round was a Series A of $1.28M, raised on Jan 05, 2007.
As of Apr 06, 2024, the latest employee count at Dunar Basmati Rice is 40.
Annual revenue of Dunar Basmati Rice is $15.44M as on Mar 31, 2024.
Dunar Basmati Rice, operated by Dunar Foods Ltd., is recognized as one of the largest exporters of basmati rice from India. The company, based in Karnal, Haryana, is supported by state-of-the-art facilities for processing over 300,000 tonnes of paddy annually. Basmati rice, grown in the Himalayan foothills, is celebrated for its aroma and sweetness. The product range is marketed globally, catering to diverse culinary needs with a focus on quality and heritage.
Dunar Basmati Rice's top competitors include Daawat, Kohinoor Foods and Sarveshwar.
Dunar Basmati Rice offers Dunar Basmati Rice.
Dunar Basmati Rice has 16 investors. Key investors include International Finance Corporation, TVS Capital Funds, Kanta Gupta, Surender Gupta, and Aggarsain Agro Farms.
The valuation of Dunar Basmati Rice is $74.67M as of Nov 2011.