Growel Feeds

Hyderabad, India Founded: 2010 • Age: 16 yrs
Growel Feeds is engaged in sustainable aquaculture feed production.
Annual revenue $134.6M Latest available
Total funding $3.3M 3 rounds
Employees 992 Tracked headcount
Investors 19 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Growel Feeds

Growel Feeds is a company based in Hyderabad (India) founded in 2010 by M V N Sesha Chary. It operates as a Direct-to-Consumer (D2C). Growel Feeds has raised $3.3 million across 3 funding rounds from investors including Growel Formulations, P Srinivas and Boppana Vijaya Lakshmi. The company has 992 employees as of March 25, 2024. Growel Feeds offers products and services including Aquaculture Feeds and Pet Nutrition. Growel Feeds operates in a competitive market with competitors including Proximar Seafood, Barramundi, Living Carbon, Natural Shrimp and Running Tide, among others.

  • Headquarter Hyderabad, India
  • Employees 992 as on 25 Mar, 2024
  • Founders M V N Sesha Chary
  • Stage Minicorn
  • Sectors
    Agriculture
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Growel Feeds Pvt. Ltd.
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Agriculture → Aquaculture & Fisheries Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $134.61 M (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    $1.04 M (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    $2.13 M (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $3.3 M (USD)

    in 3 rounds

  • Latest Funding Round
    $499.91 K (USD), Seed

    Mar 29, 2014

  • Investors
  • Employee Count
    992

    as on Mar 25, 2024

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Products & Services of Growel Feeds

Growel Feeds offers a comprehensive portfolio of products and services, including Aquaculture Feeds and Pet Nutrition.

Product name locked
Category locked
Primary

Feeds for sustainable aquaculture are produced and supplied.

Product name locked
Category locked
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Nutrition products for pets are developed and distributed.

People of Growel Feeds

Headcount 500-1000
Employee Profiles 29
Board Members and Advisors 3
Employee Profiles
People
Sesha Chary
Executive Director
People
P. S. Narendra
Executive Director
People
A. Victor Suresh
Technical Director
People
Sandip Ahirrao
VP, Sales & Marketing

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Funding Insights of Growel Feeds

Growel Feeds has successfully raised a total of $3.3M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $499.91 thousand completed in March 2014. 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 Growel Feeds

Growel Feeds has secured backing from 19 investors, including institutional and angel investors. Prominent investors backing the company include Growel Formulations, P Srinivas and Boppana Vijaya Lakshmi.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Aquaculture healthcare products are manufactured and supplied for aquatic species.
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P Srinivas

-
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Boppana Vijaya Lakshmi

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Investor details for Growel Feeds

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Investments & Acquisitions by Growel Feeds

Investments
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Investment portfolio details for Growel Feeds

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Financial Statements - Growel Feeds

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Detailed financials for Growel Feeds

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Growel Feeds Comparisons

Growel Feeds Primary company
Description
Growel Feeds is engaged in sustainable aquaculture feed prod...
Location
Hyderabad, India
Founded Year
2010
Annual Revenue
$134.61 M (USD)
Net Profit
$1.04 M (USD)
EBITDA
$2.13 M (USD)
Employees
992
As of 2024
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Peer comparison for Growel Feeds

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Competitors of Growel Feeds

Growel Feeds 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 Proximar Seafood, Barramundi, Living Carbon, Natural Shrimp and Running Tide, among others.

Company Name Domain Founded year HQ Location Description
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Salmon is produced using sustainable RAS farming methods.
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Sustainable aquaculture farming of fish and by-products is utilized.
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Biotechnology is used to enhance trees' carbon storage capabilities.
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Recirculating aquaculture systems for shrimp and fish farming are provided.
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Delivers tech solutions to offset carbon footprints and restore coastal areas.
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Land-based fish cultivation and supply are integrated through aquaculture technology.
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Detailed competitors of Growel Feeds

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Latest news on Growel Feeds

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Frequently Asked Questions about Growel Feeds

Growel Feeds was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Growel Feeds is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Growel Feeds is a funded company, having raised a total of $3.3M across 3 funding rounds to date.

As of Mar 25, 2024, the latest employee count at Growel Feeds is 992.

Annual revenue of Growel Feeds is $134.61M as on Mar 31, 2023.

Growel Feeds is involved in the production and supply of feeds for sustainable aquaculture. Operations are focused on supporting fish farming and related activities in the agricultural sector. Additional solutions include pet nutrition products distributed through various units. The company operates primarily in India, with facilities dedicated to processing and hatchery management.

Growel Feeds's top competitors include Barramundi, Proximar Seafood and Living Carbon.

Growel Feeds offers Aquaculture Feeds and Pet Nutrition.

Growel Feeds has 19 investors. Key investors include Growel Formulations, P Srinivas, Boppana Vijaya Lakshmi, Polavarapu Sridevi, and Chintapalli Sudha Devi.

The valuation of Growel Feeds is $3.18M as of Mar 2014.

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