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
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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
*********
- Legal Name Pt Garudafood Putra Putri Jaya Tbk
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Annual Revenue
$758.88 M (USD)16.05as on Dec 31, 2024
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Net Profit
$38.72 M (USD)7.59as on Dec 31, 2024
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EBITDA
$84.32 M (USD)8.17as on Dec 31, 2024
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Total Equity Funding
$150 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
CVC
& 1 more
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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.
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.
Biscuits and related products for everyday consumption.
Chocolate-based snacks and drinks for consumer enjoyment.
Variety of nut and pellet snacks for quick meals.
Milk-based drinks in larger packaging for daily use.
Cheese and related items for food preparation.
People of GarudaFood
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(12 Jun 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Post-IPO - GarudaFood | Valuation |
investors |
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| Jun, 2018 | Amount | Private Equity Round - GarudaFood | Valuation | CVC |
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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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Mezzanine financing and equity investments are provided by CVC.
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Founded Year | Domain | Location | |
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Food products are manufactured and distributed internationally.
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Founded Year | Domain | Location |
Investments & Acquisitions by GarudaFood
Financial Statements - GarudaFood
Garudafood Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Health-focused dairy and plant-based food products are offered.
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| domain | founded_year | HQ Location |
Food and beverage products are branded, with diverse sectors engaged.
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| domain | founded_year | HQ Location |
Hain Celestial is focused on better-for-you food and personal care products.
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| domain | founded_year | HQ Location |
Multicategory food and beverage company
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| domain | founded_year | HQ Location |
Processed food products are produced and marketed by Premier Foods.
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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. The company's 1st funding round was a Private Equity Round of $150M, raised on Jun 12, 2018.
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.