GarudaFood

Jakarta, Indonesia Founded: 1990 • Age: 36 yrs
Internet-first brand offering multi-category food beverages products
Annual revenue $758.9M Latest available
Total funding $150.0M 2 rounds
Employees 9220 Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About GarudaFood

GarudaFood is a company based in Jakarta (Indonesia) founded in 1990. GarudaFood has raised $150 million across 2 funding rounds from investors including CVC and Hormel Foods. The company has 9,220 employees as of December 31, 2024. GarudaFood offers products and services including Garuda Biscuits, Chocolatos, Gery Snacks, Clevo Milk Drinks, and Prochiz Cheese Products. GarudaFood operates in a competitive market with competitors including Danone, RJ Corp, Hain Celestial, Pioneer Foods and Premier Foods, among others.

  • Headquarter Jakarta, Indonesia
  • Employees 9220 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Pt Garudafood Putra Putri Jaya Tbk
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $758.88 M (USD)
    16.05
    as on Dec 31, 2024
  • Net Profit
    $38.72 M (USD)
    7.59
    as on Dec 31, 2024
  • EBITDA
    $84.32 M (USD)
    8.17
    as on Dec 31, 2024
  • Total Equity Funding
    $150 M (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
    CVC

    & 1 more

  • Employee Count
    9220

    as on Dec 31, 2024

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IPO & Listings of GarudaFood

GarudaFood is a publicly listed company on the IDX with ticker symbol GOOD in Indonesia, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: IDX · Ticker: GOOD · Sector: Consumer non-durables · Indonesia

Products & Services of GarudaFood

GarudaFood offers a comprehensive portfolio of products and services, including Garuda Biscuits, Chocolatos, Gery Snacks, Clevo Milk Drinks, and Prochiz Cheese Products.

Product name locked
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Primary

Biscuits and related products for everyday consumption.

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Chocolate-based snacks and drinks for consumer enjoyment.

Product name locked
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Variety of nut and pellet snacks for quick meals.

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Milk-based drinks in larger packaging for daily use.

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Cheese and related items for food preparation.

People of GarudaFood

Headcount 5000-10000
Employee Profiles 37
Employee Profiles
People
Reza Kholid Abdullah
Corporate Communications Executive
People
David Lambey
Head Of Office Strategy Management
People
Erna Susanti Kasaring
Account Payable Officer
People
Ferry Haryanto
Marketing Director

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Funding Insights of GarudaFood

GarudaFood has successfully raised a total of $150M across 2 strategic funding rounds. 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 GarudaFood

GarudaFood has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include CVC and Hormel Foods.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Mezzanine financing and equity investments are provided by CVC.
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Food products are manufactured and distributed internationally.
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Investor details for GarudaFood

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Investments & Acquisitions by GarudaFood

Investments
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Investment portfolio details for GarudaFood

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Financial Statements - GarudaFood

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Detailed financials for GarudaFood

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Garudafood Comparisons

GarudaFood Primary company
Description
Internet-first brand offering multi-category food & beverage...
Location
Jakarta, Indonesia
Founded Year
1990
Annual Revenue
$758.88 M (USD)
Net Profit
$38.72 M (USD)
EBITDA
$84.32 M (USD)
Employees
9,220
As of 2024
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Peer comparison for GarudaFood

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Competitors of GarudaFood

GarudaFood 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 Danone, RJ Corp, Hain Celestial, Pioneer Foods and Premier Foods, among others.

Company Name Domain Founded year HQ Location Description
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Health-focused dairy and plant-based food products are offered.
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Food and beverage products are branded, with diverse sectors engaged.
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Hain Celestial is focused on better-for-you food and personal care products.
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Multicategory food and beverage company
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Processed food products are produced and marketed by Premier Foods.
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Detailed competitors of GarudaFood

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Latest news on Garudafood

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Complete news archive for GarudaFood

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about GarudaFood

GarudaFood was founded in 1990 and raised its 1st funding round 28 years after it was founded.

GarudaFood is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.

Hardianto Atmadja is the current CEO of GarudaFood.

GarudaFood is a funded company, having raised a total of $150M across 2 funding rounds to date.

As of Dec 31, 2024, the latest employee count at GarudaFood is 9,220.

Annual revenue of GarudaFood is $758.88M as on Dec 31, 2024.

GarudaFood was established in 1990 and is headquartered in Jakarta, Indonesia. Operations focus on the food and beverages sector, where a range of products such as biscuits, chocolates, dairy items, and functional drinks are produced and distributed. The majority of sales occur within the Indonesian market, with product information primarily provided in Bahasa Indonesia.

GarudaFood's top competitors include RJ Corp, Danone and Hain Celestial.

GarudaFood offers Garuda Biscuits, Chocolatos, Gery Snacks, Clevo Milk Drinks, and Prochiz Cheese Products.

Yes, GarudaFood is publicly traded on IDX under the ticker symbol GOOD.

GarudaFood has 2 investors. Key investors include CVC, and Hormel Foods.

The ticker symbol of GarudaFood is GOOD on IDX.

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