About HL Agro
HL Agro is a Consumer company based in Kanpur (India) founded in 2010 by Ashok Sahu. Agricultural products are processed and supplied by HL Agro. HL Agro has raised $41.39 million across 3 funding rounds from investors including Aviator Global Investment Fund, The Great International Tusker and Trident Trust. The company has 141 employees. HL Agro was last valued at $188.9 million in July 2023. Its chief executive, as recorded, is Akhilesh Sahu. Its website hlagro.com draws about 14 thousand monthly visits. Its Indian entity H.L. Agro Products Private Limited reported revenue of ₹365 Cr. Its focus areas include Food and Agriculture, Food Processing, Food Ingredients and Bulk Ingredients.
Company details
HL Agro was founded in 2010 and is based in Kanpur, India. Operations focus on the agriculture sector, where raw materials are processed into various products for supply to domestic and international markets. Key activities include sourcing, processing, and distribution of commodities such as grains and spices. Leadership is provided by co-founder Ashok Sahu and CEO Akhilesh Sahu, overseeing compliance with industry standards.
- Headquarters Kanpur, India
- Employees 141
- Founders Ashok Sahu
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website hlagro.com
- Social LinkedIn X Facebook
- Legal Name H.L. Agro Products Private Limited
- Date of Incorporation 10 Jun, 1996
- Jurisdiction Swarup Nagar, Uttar Pradesh, India
- Annual Revenue₹365 Cr
FY 2023 · +13% YoY
- Net Profit₹43.4 Lakh
FY 2023
- EBITDA₹63.84 Cr
FY 2023 · 17% margin
- Total Equity Funding$41.39M (USD)
in 3 rounds
- Latest Funding Round$11.62M (USD), Series A
Jul 2023
- InvestorsAviator Global Investment Fund
& 2 more
- Employee Count141
Associated legal entities of HL Agro
HL Agro operates through H.L. Agro Products Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| H.L. Agro Products Private Limited CIN U15400UP1996PTC211812 | Active | 10 Jun 1996 | Swarup Nagar, Uttar Pradesh | ₹365 Cr | 141 | 4 | View details |
Funding Insights of HL Agro
HL Agro has successfully raised a total of $41.39M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11.62 million completed in July 2023. 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 $41.39M
- Total Rounds 3
- Last Round Series A — $11.62M
- First Round $2.55M
(Mar 2016)
- Investors Count 3
All 3 funding rounds of HL Agro with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $11.62M | Series A | $188.9M | – | |
| Nov 2022 | $27.22M | Series A | $146.58M | The Great International Tusker, Aviator Global Investment Fund | – |
| Mar 2016 | $2.55M | Seed | $••••• | Trident Trust | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2023 | $188.9M | •••••••• |
| Nov 2022 | $146.58M | •••••••• |
| Mar 2016 | $••••• | •••••••• |
Full valuation and stage history of HL Agro
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Last known valuation $188.9M (Jul 2023). 3 investors in total: 3 institutional.
Investors in HL Agro
HL Agro has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Aviator Global Investment Fund, The Great International Tusker and Trident Trust.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Buyout investments are pursued by the private equity fund globally. | aviatorglobalinvestmentfund.tcc.mode | |||
| thegreatinternationaltusker.tcc.mode | ||||
Offers corporate, fiduciary, and fund services to clients worldwide efficiently. | 1978 | tridenttrust.com | Nassau City, Bahamas |
Investor details for HL Agro
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Board of directors of H.L. Agro Products Private Limited (HL Agro)
H.L. Agro Products Private Limited is the primary company behind HL Agro. The board of H.L. Agro Products Private Limited currently have 4 directors; the longest-serving is Awadesh Kumar Sahu, appointed in 1996. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Awadesh Kumar Sahu DIN 00378992 | Whole-time director | 10 Jun 1996 | 30 yrs 4 mo | H.L. Agro Products Private Limited |
| Abhishek Kumar Sahu DIN 03062217 | Whole-time director | 11 Aug 2014 | 12 yrs 2 mo | H.L. Agro Products Private Limited |
| Akash Sahu DIN 07996297 | Director | 21 Nov 2017 | 8 yrs 11 mo | H.L. Agro Products Private Limited |
| Akhilesh Kumar Sahu DIN 00378990 | Managing Director | 30 Sep 2019 | 7 yrs | H.L. Agro Products Private Limited |
People of HL Agro
3 people are tracked at HL Agro (3 in leadership); the tracked headcount is 141.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| CEO | Leadership | |
Najeeb Khan | Deputy General Manager | Leadership |
Complete people profiles for HL Agro
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Financials of HL Agro
Figures of H.L. Agro Products Private Limited, the primary company behind HL Agro, for FY 2023. Revenue was ₹365 Cr (+13% year on year). Net profit was ₹43.4 Lakh. EBITDA was ₹63.84 Cr (17% margin). Revenue has grown at a compounded annual rate of +1% over three years and +9% over five years.
- ₹365 CrRevenue · FY 2023 · +13% YoY
- ₹43.4 LakhNet profit
- ₹63.84 CrEBITDA · 17% margin
- 141Employees (provident fund records)
- +1%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of H.L. Agro Products Private Limited are on its company page.
Detailed financial statements for HL Agro
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Timeline of HL Agro
4 dated milestones of HL Agro across 13 years, from founding to its latest funding, stage changes and deals.
- Founded HL Agro is founded.
- Funding First funding round of $2.5M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $11.6M.
Web traffic of HL Agro
The website of HL Agro (hlagro.com) receives about 13.8K visits a month.
- Monthly visits13.8K
▲ 65% vs previous month
Websites whose visitors overlap most with HL Agro. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| pramoda.co.in | 100% | #4,384,572 | View details | ||
| industryarc.com | 77% | 46.7K | #777,397 | View details | |
| reportlinker.com | 77% | #235,395 | View details | ||
vijayaent.com | vijayaent.com | 49% | – | ||
| vadindustries.com | 48% | #2,924,029 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for HL Agro
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Verified entity values are shown only after access is granted.
Top companies in Food Processing
2 companies that operate in the same segment as HL Agro (Food Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Fruits and vegetables processing services are provided by Sahyadri Farms. | 2011 | Nashik, Maharashtra, India | USD 84.86 M | USD 115.08 M | 2,299 | |
Brand of beverage products | 1995 | Gurugram, Haryana, India | USD 133 M | USD 2.33 B | 12,570 |
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Related news about Hl Agro
Complete news archive for HL Agro
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Frequently Asked Questions about HL Agro
HL Agro was founded in 2010 and raised its 1st funding round 6 years after it was founded.
HL Agro is headquartered in Kanpur, India. It is registered at Kanpur, Uttar Pradesh, India.
Akhilesh Sahu is the CEO of HL Agro, as recorded in our data.
HL Agro is a funded company, having raised a total of $41.39M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.55M, raised on Mar 2016.
HL Agro has 141 employees.
The primary company behind HL Agro, H.L. Agro Products Private Limited, reported revenue of ₹365 Cr for FY 2023, up 13% year on year.
HL Agro was founded in 2010 and is based in Kanpur, India. Operations focus on the agriculture sector, where raw materials are processed into various products for supply to domestic and international markets. Key activities include sourcing, processing, and distribution of commodities such as grains and spices. Leadership is provided by co-founder Ashok Sahu and CEO Akhilesh Sahu, overseeing compliance with industry standards.
HL Agro has 3 investors. Key investors include Aviator Global Investment Fund, The Great International Tusker, and Trident Trust.
The valuation of HL Agro is $188.9M as of Jul 2023.
HL Agro operates through H.L. Agro Products Private Limited.
The legal entities of HL Agro currently have 4 directors, including Abhishek Kumar Sahu, Akhilesh Kumar Sahu, Awadesh Kumar Sahu and others.