About HAP
HAP is a company based in Chennai (India) founded in 1970 by R G Chandramogan.. The company has 5,310 employees as of March 31, 2024. HAP has completed 1 acquisition, including Milk Mantra. HAP operates in a competitive market with competitors including Sid's Farm, Desi Farms, Milk Mantra, Dodla Dairy and Heritage Foods, among others.
- Headquarter Chennai, India
- Employees 5310 as on 31 Mar, 2024
- Founders R G Chandramogan
- 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
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- Legal Name Hatsun Agro Product Limited
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Annual Revenue
$1.02 B (USD)8.88as on Mar 31, 2025
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Net Profit
$32.66 M (USD)4.32as on Mar 31, 2025
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EBITDA
$119.04 M (USD)11.53as on Mar 31, 2025
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Latest Funding Round
- Investors
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Employee Count
5310
as on Mar 31, 2024
- Investments & Acquisitions
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IPO & Listings of HAP
HAP is a publicly listed company on the NSE with ticker symbol HATSUN in India, 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.
Funding Insights of HAP
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2014 | Amount | Post-IPO - HAP | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HAP
HAP has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include WestBridge Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment firm focusing on purpose-driven capital for Indian entrepreneurs in sectors like financial services and technology.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HAP
HAP has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Milk Mantra. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Multi-category dairy products are supplied to urban consumers.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HAP
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hap Comparisons
Competitors of HAP
HAP 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 Sid's Farm, Desi Farms, Milk Mantra, Dodla Dairy and Heritage Foods, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Subscription-based dairy products are delivered via an internet-first brand.
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| domain | founded_year | HQ Location |
Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products
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| domain | founded_year | HQ Location |
Multi-category dairy products are supplied to urban consumers.
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| domain | founded_year | HQ Location |
Multi-category dairy products are manufactured and branded.
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| domain | founded_year | HQ Location |
Heritage Foods is engaged in manufacturing and supplying dairy products.
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| domain | founded_year | HQ Location |
Brand of dairy products
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hap
Frequently Asked Questions about HAP
When was HAP founded?
HAP was founded in 1970 and raised its 1st funding round 44 years after it was founded.
Where is HAP located?
HAP is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
How many employees does HAP have?
As of Mar 31, 2024, the latest employee count at HAP is 5,310.
What is the annual revenue of HAP?
Annual revenue of HAP is $1.02B as on Mar 31, 2025.
What does HAP do?
HAP was founded in 1970 and is headquartered in Chennai, India. Operations focus on the dairy sector, where a range of products such as milk, curd, ice creams, ghee, skimmed milk powder, paneer, and dairy whitener are manufactured and marketed. Brands under HAP include Arun Icecreams, Arokya Milk, Hatsun Curd, Hatsun Paneer, Hatsun Ghee, and Ibaco. The company serves the Indian market through these established product lines.
Who are the top competitors of HAP?
HAP's top competitors include Sid's Farm, Dodla Dairy and Milk Mantra.
Is HAP publicly traded?
Yes, HAP is publicly traded on NSE under the ticker symbol HATSUN.
How many acquisitions has HAP made?
HAP has made 1 acquisition, including Milk Mantra.
Who are HAP's investors?
HAP has 1 investor. Key investors include WestBridge Capital.
What is HAP's ticker symbol?
The ticker symbol of HAP is HATSUN on NSE.