About Eastern Condiments
Eastern Condiments is a company based in Kochi (India) founded in 1983 was acquired by Orkla in September 2020. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. Eastern Condiments has raised $46 million across 2 funding rounds from investors including McCormick, Orkla and New Vernon Capital. The company has 1,027 employees as of April 01, 2024. Eastern Condiments offers products and services including Spices & Masalas, Pickles & Paste, and Breakfast Products. Eastern Condiments operates in a competitive market with competitors including Pushp, Keya Foods, Food Service, CurryIt and Badshah Masala, among others.
- Headquarter Kochi, India
- Employees 1027 as on 01 Apr, 2024
- Stage Minicorn
-
Sectors
Consumer
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Orkla India Limited
- Jurisdiction Bangaluru, Karnataka, India
-
Annual Revenue
$264.69 M (USD)18.58as on Mar 31, 2023
-
Net Profit
$40.78 M (USD)189.41as on Mar 31, 2023
-
EBITDA
$37.42 M (USD)30.83as on Mar 31, 2023
-
Total Equity Funding
$46 M (USD)
in 2 rounds
-
Latest Funding Round
$36 M (USD), Series C
Jun 29, 2010
-
Investors
McCormick
& 2 more
-
Employee Count
1027
as on Apr 01, 2024
-
Acquired by
Orkla
(Sep 04, 2020)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Eastern Condiments
Eastern Condiments offers a comprehensive portfolio of products and services, including Spices & Masalas, Pickles & Paste, and Breakfast Products.
Various spice blends are offered for culinary use.
Traditional pickles and pastes are provided for meals.
Quick breakfast options are made available for convenience.
People of Eastern Condiments
Unlock access to complete
Funding Insights of Eastern Condiments
Eastern Condiments has successfully raised a total of $46M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $36 million completed in June 2010. 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.
Investors in Eastern Condiments
Eastern Condiments has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include McCormick, Orkla and New Vernon Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Spices and seasonings are produced and branded by McCormick.
|
Locked | Locked | Locked | |
|
Operates as an investment and wealth management firm for clients.
|
Locked | Locked | Locked | |
|
Orkla is recognized as a leading industrial investment company.
|
Locked | Locked | Locked |
Investor details for Eastern Condiments
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Eastern Condiments
Investment portfolio details for Eastern Condiments
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Eastern Condiments
Detailed financials for Eastern Condiments
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Eastern Condiments Comparisons
Peer comparison for Eastern Condiments
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Eastern Condiments
Eastern Condiments 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 Pushp, Keya Foods, Food Service, CurryIt and Badshah Masala, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Brand of spices & seasonings
|
|
| Locked | Locked | Locked |
Multi-category food products are offered via an internet-first brand.
|
|
| Locked | Locked | Locked |
Customized food solutions are provided for the HORECA sector.
|
|
| Locked | Locked | Locked |
Internet first brand offering spices and other food products
|
|
| Locked | Locked | Locked |
Blended, ground, and whole spices are manufactured for culinary applications.
|
Detailed competitors of Eastern Condiments
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Eastern Condiments
Complete news archive for Eastern Condiments
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Eastern Condiments
Eastern Condiments was founded in 1983 and raised its 1st funding round 23 years after it was founded.
Eastern Condiments is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
Akhil Paul is the current CEO of Eastern Condiments.
Eastern Condiments is a funded company, having raised a total of $46M across 2 funding rounds to date.
As of Apr 01, 2024, the latest employee count at Eastern Condiments is 1,027.
Annual revenue of Eastern Condiments is $264.69M as on Mar 31, 2023.
Eastern Condiments is established as a prominent exporter of spices from India, specializing in a wide range of products including spices, masalas, pickles, pastes, and breakfast items. The company operates within the food and beverage sector, focusing on delivering traditional and innovative culinary solutions. Its presence is noted across more than 22 countries, ensuring the global distribution of authentic Indian flavors. Various product lines such as Arabic Range and Madhuram Range are developed to cater to diverse consumer preferences. Additionally, recipe resources and cookbooks are provided to enhance customer engagement and culinary experience.
Eastern Condiments's top competitors include Pushp, CurryIt and Food Service.
Eastern Condiments offers Spices & Masalas, Pickles & Paste, and Breakfast Products.
Eastern Condiments has 3 investors. Key investors include McCormick, Orkla, and New Vernon Capital.
The valuation of Eastern Condiments is $62.53M as of Jan 2006.