Harmony Foods

Visakhapatnam, India Founded: 2004 • Age: 22 yrs Minicorn
Flours are branded and distributed by Harmony Foods in India.

About Harmony Foods

Harmony Foods is a Consumer company based in Visakhapatnam (India) founded in 2004. Flours are branded and distributed by Harmony Foods in India. 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 87 employees. Harmony Foods was last valued at $4.46 million in March 2016. Its Indian entity Harmony Foods Private Limited reported revenue of β‚Ή356 Cr. 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. Its focus areas include Food and Agriculture, Food & Beverage Products, Grocery & Staples and Cereal Grains and Flour. Its competitors include Floryo, Him Shakti and TWF Flours; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Visakhapatnam, India
  • Employees 87
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website harmonyfoods.in
  • Social LinkedIn Facebook
  • Legal Name Harmony Foods Private Limited
  • Date of Incorporation 05 Aug, 2004
  • Jurisdiction Guwahati, Assam, India
Key Metrics
  • Annual Revenue
    ₹356 Cr

    FY 2025 · +7% YoY

  • Net Profit
    ₹4.41 Cr

    FY 2025 · 1% margin

  • EBITDA
    ₹9.65 Cr

    FY 2025 · 3% margin

  • Total Equity Funding
    $2.22M (USD)

    in 3 rounds

  • Latest Funding Round
    $415.3K (USD), Angel Round

    Mar 2016

  • Employee Count
    87

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.

Wheat Germ
Flour Product

Nutrient-rich wheat derivative for health and nutrition.

Premium Sharbat Atta
Flour

High-quality wheat flour for daily baking needs.

E-Fresh Premium Dalia
Grain Product

Processed dalia for wholesome meals and breakfast.

E-Fresh Premium Sooji
Grain Product

Fine sooji for cooking and baking purposes.

E-Fresh Premium Maida
Flour

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.

  • Total Funding $2.22M
  • Total Rounds 3
  • Last Round Angel Round β€” $415,304
  • First Round $788,039

    (Feb 2007)

  • Investors Count 18

All 3 funding rounds of Harmony Foods with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2016$415,304Angel Round$4.46MSuresh Kumar Maheshwari
Aug 2009$1.02MSeed$5.8MDugad Agro Foods
Feb 2007$788,039Seed$β€’β€’β€’β€’β€’Paradise In Trade, Rukminimercantiles
Valuation history
DateValuationStage
Mar 2016$4.46Mβ€’β€’β€’β€’β€’β€’β€’β€’
Aug 2009$5.8Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2007$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Harmony Foods

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Last known valuation $4.46M (Mar 2016). 18 investors in total: 14 institutional and 4 angel.

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.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
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Board of directors of Harmony Foods Private Limited (Harmony Foods)

Harmony Foods Private Limited is the primary company behind Harmony Foods. The board of Harmony Foods Private Limited currently have 4 directors; the longest-serving is Suresh Kumar Maheshwari, appointed in 2006. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Suresh Kumar Maheshwari
DIN 00634901
Director08 Aug 200620 yrs 3 moHarmony Foods Private Limited
Purushottam Kumar Bajaj
DIN 00634990
Director08 Aug 200620 yrs 3 moHarmony Foods Private Limited
Ramesh Kumar Maheshwari
DIN 00401767
Director20 Sep 200620 yrs 1 moHarmony Foods Private Limited
Dilip Maheshwari
DIN 00401725
Managing Director06 Aug 200917 yrs 3 moHarmony Foods Private Limited

People of Harmony Foods

2 people are tracked at Harmony Foods (2 in leadership); the tracked headcount is 87.

NameRoleGroup
OwnerLeadership
Managing DirectorLeadership
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Financials of Harmony Foods

Figures of Harmony Foods Private Limited, the primary company behind Harmony Foods, for FY 2025. Revenue was ₹356 Cr (+7% year on year). Net profit was ₹4.41 Cr (1% margin). EBITDA was ₹9.65 Cr (3% margin). Revenue has grown at a compounded annual rate of +9% over three years and +4% over five years.

  • ₹356 CrRevenue · FY 2025 · +7% YoY
  • ₹4.41 CrNet profit · 1% margin
  • ₹9.65 CrEBITDA · 3% margin
  • ₹3.00 CrPaid-up capital
  • 77Employees (provident fund records)
  • +9%Revenue CAGR, 3 years
  • +4%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Harmony Foods Private Limited are on its company page.

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Timeline of Harmony Foods

4 dated milestones of Harmony Foods across 12 years, from founding to its latest funding, stage changes and deals.

  1. Founded Harmony Foods is founded.
  2. Funding First funding round of $788K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Angel Round, of $415K.

Competitors of Harmony Foods

Harmony Foods has 3 listed competitors in our database, 3 of them funded. They include Floryo, Him Shakti and TWF Flours.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
floryo.com2021Bengaluru, India$4.72M33
Milled grains and specialty flours are sold online by Floryo.
him-shakti.com2013Dehradun, India$444,495
Internet first brand of rice, millets, salt, and spices
twfflours.com2017Noida, India$1.84M14
Various flours are offered online by TWF Flours brand.
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Detailed competitors of Harmony Foods

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Web traffic of Harmony Foods

The website of Harmony Foods (harmonyfoods.in) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▲ 30.5% vs previous month

Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as Harmony Foods (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 61.39 M2,059
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 143.51 M2,828
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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. The company's 1st funding round was a Seed of $788.04K, raised on Feb 2007.

Harmony Foods has 87 employees.

The primary company behind Harmony Foods, Harmony Foods Private Limited, reported revenue of β‚Ή356 Cr for FY 2025, up 7% year on year.

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 Him Shakti.

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.

Harmony Foods operates through Harmony Foods Private Limited.

The legal entities of Harmony Foods currently have 4 directors, including Suresh Kumar Maheshwari, Purushottam Kumar Bajaj, Dilip Maheshwari and others.

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