About Harmony Foods
Harmony Foods is a company based in Visakhapatnam (India) founded in 2004. Harmony Foods has raised $2.22 million across 3 funding rounds from investors including Suresh Kumar Maheshwari, Virat Maheshwari and Dilip Maheshwari. The company has 77 employees as of April 07, 2024. Harmony Foods offers products and services including Wheat Germ, Premium Sharbat Atta, E-Fresh Premium Dalia, E-Fresh Premium Sooji, and E-Fresh Premium Maida. Harmony Foods operates in a competitive market with competitors including Floryo, Him Shakti, TWF Flours, Better Alt and Chakkizza, among others.
- Headquarter Visakhapatnam, India
- Employees 77 as on 07 Apr, 2024
- Stage Minicorn
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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 Harmony Foods Private Limited
- Date of Incorporation 05 Aug, 2004
- Jurisdiction Guwahati, Assam, India
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Annual Revenue
$42.81 M (USD)28.12as on Mar 31, 2023
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Net Profit
$1.4 M (USD)67.17as on Mar 31, 2023
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EBITDA
$2.32 M (USD)57.91as on Mar 31, 2023
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Total Equity Funding
$2.22 M (USD)
in 3 rounds
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Latest Funding Round
$415.3 K (USD), Angel Round
Mar 16, 2016
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Investors
Rainbow Dealcom
& 17 more
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Employee Count
77
as on Apr 07, 2024
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Products & Services of Harmony Foods
Harmony Foods offers a comprehensive portfolio of products and services, including Wheat Germ, Premium Sharbat Atta, E-Fresh Premium Dalia, E-Fresh Premium Sooji, and E-Fresh Premium Maida.
Nutrient-rich wheat derivative for health and nutrition.
High-quality wheat flour for daily baking needs.
Processed dalia for wholesome meals and breakfast.
Fine sooji for cooking and baking purposes.
Refined flour for various food preparations.
Funding Insights of Harmony Foods
Harmony Foods has successfully raised a total of $2.22M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $415.3 thousand completed in March 2016. 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 Harmony Foods
Harmony Foods has secured backing from 18 investors, including angel and institutional investors. Prominent investors backing the company include Suresh Kumar Maheshwari, Virat Maheshwari and Dilip Maheshwari.
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Investor details for Harmony Foods
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Investments & Acquisitions by Harmony Foods
Investment portfolio details for Harmony Foods
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Financial Statements - Harmony Foods
Detailed financials for Harmony Foods
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Harmony Foods Comparisons
Peer comparison for Harmony Foods
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Competitors of Harmony Foods
Harmony Foods 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 Floryo, Him Shakti, TWF Flours, Better Alt and Chakkizza, among others.
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Milled grains and specialty flours are sold online by Floryo.
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Internet first brand of rice, millets, salt, and spices
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Various flours are offered online by TWF Flours brand.
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Internet first brand of mushroom coffee, millet & beet root powder
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Atta delivery services are offered via an online platform.
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Detailed competitors of Harmony Foods
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Latest news on Harmony Foods
Complete news archive for Harmony Foods
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Frequently Asked Questions about Harmony Foods
Harmony Foods was founded in 2004 and raised its 1st funding round 3 years after it was founded.
Harmony Foods is headquartered in Visakhapatnam, India. It is registered at Visakhapatnam, Andhra Pradesh, India.
Harmony Foods is a funded company, having raised a total of $2.22M across 3 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Harmony Foods is 77.
Annual revenue of Harmony Foods is $42.81M as on Mar 31, 2023.
Harmony Foods was established in 2004 in Visakhapatnam, India, as a brand within the food processing sector. Operations center on the production and marketing of various flour types for consumer use. The company is led by an owner and a managing director, with activities based primarily in India. Its online presence is maintained through the domain harmonyfoods.in, supporting regional distribution efforts.
Harmony Foods's top competitors include Floryo, TWF Flours and Better Alt.
Harmony Foods offers Wheat Germ, Premium Sharbat Atta, E-Fresh Premium Dalia, E-Fresh Premium Sooji, and E-Fresh Premium Maida.
Harmony Foods has 18 investors. Key investors include Suresh Kumar Maheshwari, Virat Maheshwari, Dilip Maheshwari, Purushottam Kumar Bajaj, and Rainbow Dealcom.
The valuation of Harmony Foods is $4.46M as of Mar 2016.