About Heritage Foods
Heritage Foods is a company based in Hyderabad (India) founded in 1992 by Nara Chandrababu Naidu. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 6,220 employees as of March 31, 2024. Heritage Foods has completed 2 acquisitions, including Get-A-Way and Vaman Milk Foods. Heritage Foods offers products and services including Milk, Curd, Ghee, and Ice Creams. Heritage Foods operates in a competitive market with competitors including Sid's Farm, Dodla Dairy, Desi Farms, Milk Mantra and Milky Mist Dairy Food, among others.
- Headquarter Hyderabad, India
- Employees 6220 as on 31 Mar, 2024
- Founders Nara Chandrababu Naidu
- 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 Heritage Foods Limited
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Annual Revenue
$483.06 M (USD)8.98as on Mar 31, 2024
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Net Profit
$21.96 M (USD)76.71as on Mar 31, 2024
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EBITDA
$39.37 M (USD)56.62as on Mar 31, 2024
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Latest Funding Round
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Investors
Premji Invest
& 1 more
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Employee Count
6220
as on Mar 31, 2024
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Investments & Acquisitions
Get-A-Way
& 1 more
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IPO & Listings of Heritage Foods
Heritage Foods is a publicly listed company on the NSE with ticker symbol HERITGFOOD 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.
Products & Services of Heritage Foods
Heritage Foods offers a comprehensive portfolio of products and services, including Milk, Curd, Ghee, and Ice Creams. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Various milk types are offered for daily consumption.
Different curd variants are provided for dietary needs.
Pure ghee varieties are produced for culinary use.
Assorted ice creams are made for refreshment purposes.
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Funding Insights of Heritage Foods
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2012 | Amount | Post-IPO - Heritage Foods | Valuation |
investors |
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| Mar, 2008 | Amount | Post-IPO - Heritage Foods | 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 Heritage Foods
Heritage Foods has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Premji Invest and Businesspartners.co.ke. 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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Provides venture capital for technology startups and enterprise innovations worldwide.
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Founded Year | Domain | Location | |
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Business partnerships in Kenya are facilitated via an online platform.
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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 Heritage Foods
Heritage Foods has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Get-A-Way and Vaman Milk Foods. 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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Healthy ice cream is distributed via an online-first brand.
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2018 | ||||
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Producer of butter, cheese, milk cream, ghee, and khoya products
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2015 |
| 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 - Heritage Foods
| 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 |
Heritage Foods Comparisons
Competitors of Heritage Foods
Heritage 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 Sid's Farm, Dodla Dairy, Desi Farms, Milk Mantra and Milky Mist Dairy Food, 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 |
Multi-category dairy products are manufactured and branded.
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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 |
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 Heritage Foods
Frequently Asked Questions about Heritage Foods
When was Heritage Foods founded?
Heritage Foods was founded in 1992 and raised its 1st funding round 16 years after it was founded.
Where is Heritage Foods located?
Heritage Foods is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Heritage Foods?
Srideep Kesavan is the current CEO of Heritage Foods.
How many employees does Heritage Foods have?
As of Mar 31, 2024, the latest employee count at Heritage Foods is 6,220.
What is the annual revenue of Heritage Foods?
Annual revenue of Heritage Foods is $483.06M as on Mar 31, 2024.
What does Heritage Foods do?
Heritage Foods is involved in the production and distribution of a wide range of dairy products, including milk, curd, ghee, butter, paneer, and ice creams. Operations are spread across 16 states in India, serving millions of consumers with a focus on purity, freshness, and sustainability. The company is committed to empowering farmers and fostering economic growth within the farming community. Additionally, value-added products and renewable energy initiatives are integrated into their business verticals.
Who are the top competitors of Heritage Foods?
Heritage Foods's top competitors include Sid's Farm, Dodla Dairy and Milk Mantra.
What products or services does Heritage Foods offer?
Heritage Foods offers Milk, Curd, Ghee, and Ice Creams.
Is Heritage Foods publicly traded?
Yes, Heritage Foods is publicly traded on NSE under the ticker symbol HERITGFOOD.
How many acquisitions has Heritage Foods made?
Heritage Foods has made 2 acquisitions, including Get-A-Way, and Vaman Milk Foods.
Who are Heritage Foods's investors?
Heritage Foods has 2 investors. Key investors include Premji Invest, and Businesspartners.co.ke.
What is Heritage Foods's ticker symbol?
The ticker symbol of Heritage Foods is HERITGFOOD on NSE.
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