Iscon Balaji Foods

Ahmedabad, India Founded: 2012 • Age: 14 yrs Minicorn
Frozen and dehydrated potato products are manufactured and exported.

About Iscon Balaji Foods

Iscon Balaji Foods is a Consumer company based in Ahmedabad (India) founded in 2012 by Neel Kotak. Frozen and dehydrated potato products are manufactured and exported. Iscon Balaji Foods has raised $194.43 million across 2 funding rounds from investors including 360 One and Advent International. The company has 853 employees. Iscon Balaji Foods was last valued at $624.97 million in January 2026. Its chief executive, as recorded, is Neel Kotak. Its Indian entity Iscon Balaji Foods Private Limited reported revenue of β‚Ή1,436 Cr. Its focus areas include Food and Agriculture, Food Processing, Fruits & Vegetables and Vegetables.

Company details

Iscon Balaji Foods was founded in 2012 and is headquartered in Ahmedabad, India. Operations focus on the food manufacturing sector, where frozen and dehydrated potato products are produced and exported. A range of items is offered, including dehydrated potato flakes, French fries, chilli garlic potato shots, potato cheese shots, roasties, potato patties, other frozen foods, and instant meal mixes.

  • Headquarters Ahmedabad, India
  • Employees 853
  • Founders Neel Kotak
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website isconbalajifoods.com
  • Social LinkedIn Facebook
  • Legal Name Iscon Balaji Foods Private Limited
  • Date of Incorporation 25 Jan, 2012
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹1,436 Cr

    FY 2025 · +21% YoY

  • Net Profit
    ₹165 Cr

    FY 2025 · 12% margin

  • EBITDA
    ₹312 Cr

    FY 2025 · 22% margin

  • Total Equity Funding
    $194.43M (USD)

    in 2 rounds

  • Latest Funding Round
    $150M (USD), Series A

    May 2026

  • Investors
    360 One

    & 1 more

  • Employee Count
    853

Funding Insights of Iscon Balaji Foods

Iscon Balaji Foods has successfully raised a total of $194.43M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $150 million completed in May 2026. 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 $194.43M
  • Total Rounds 2
  • Last Round Series A β€” $150M
  • First Round $44.43M

    (Jan 2026)

  • Investors Count 2

All 2 funding rounds of Iscon Balaji Foods with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2026$150MSeries A––
Jan 2026$44.43MSeries C$624.97M360 One
–
Valuation history
DateValuationStage
Jan 2026$624.97Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $624.97M (Jan 2026). 2 investors in total: 2 institutional.

Investors in Iscon Balaji Foods

Iscon Balaji Foods has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include 360 One and Advent International.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
360.one
adventinternational.com
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Investor details for Iscon Balaji Foods

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Board of directors of Iscon Balaji Foods Private Limited (Iscon Balaji Foods)

Iscon Balaji Foods Private Limited is the primary company behind Iscon Balaji Foods. The board of Iscon Balaji Foods Private Limited currently have 6 directors; the longest-serving is Neel Kotak, appointed in 2012. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Neel Kotak
DIN 05175491
Managing Director25 Jan 201214 yrs 9 moIscon Balaji Foods Private Limited
Jayeshkumar Talakshibhai Kotak
DIN 00087528
Director25 Jan 201214 yrs 9 moIscon Balaji Foods Private Limited
Bharatkumar Ishwarlal Kotak
DIN 02175008
Director02 Apr 201511 yrs 7 moIscon Balaji Foods Private Limited
Pravinchandra Talakshibhai Kotak
DIN 00259586
Director30 Nov 20214 yrs 11 moIscon Balaji Foods Private Limited
Sahil Dilip Dalal
DIN 07350808
Nominee Director23 Jun 20264 moIscon Balaji Foods Private Limited
Nihal Sarawgi
DIN 10479645
Nominee Director23 Jun 20264 moIscon Balaji Foods Private Limited

People of Iscon Balaji Foods

23 people are tracked at Iscon Balaji Foods (6 in leadership, 17 in team); the tracked headcount is 853.

NameRoleGroup
Founder & CEOLeadership
Raghupati Sharma
Head QualityLeadership
Hrishi Mohan
Chief Human Resources OfficerLeadership
Geetika Singh
Business Head - Global Qsrs And APACLeadership
Sudhir Thorat
General ManagerLeadership
Nimesh Vyas
Vice President Corporate FinanceLeadership
Nilesh Patel
Agri ManagerTeam
Kundan Kumar
Sr. Executive MaintenanceTeam
Sumit Singh Sondhwal
Assistant Manager - ProjectsTeam
Ravi Daxini
Senior Manager - Legal & ComplianceTeam
Hitesh H S
Management Trainee - Horeca SalesTeam
Abhi Paul
Deputy Manager AgriTeam
Nilesh Pujara
Warehouse ManagerTeam
Imran Ansari
Production ExecutiveTeam
Kushal Sindhwani
Business Development Consultant (asia Region)Team
Rohit Marwah
Sr. Production ExecutiveTeam
Tanay Dubey
Brand ManagerTeam
Chirag Sethia
Sales ManagerTeam
Vignesh Mudaliar
Executive TaxationTeam
Ankit Kumar
Logistics & Warehouse ExecutiveTeam

3 more people are available in the full profile.

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Financials of Iscon Balaji Foods

Figures of Iscon Balaji Foods Private Limited, the primary company behind Iscon Balaji Foods, for FY 2025. Revenue was ₹1,436 Cr (+21% year on year). Net profit was ₹165 Cr (12% margin). EBITDA was ₹312 Cr (22% margin).

  • ₹1,436 CrRevenue · FY 2025 · +21% YoY
  • ₹165 CrNet profit · 12% margin
  • ₹312 CrEBITDA · 22% margin
  • ₹6.71 CrPaid-up capital
  • 1,094Employees (provident fund records)

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

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Detailed financial statements for Iscon Balaji Foods

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Timeline of Iscon Balaji Foods

4 dated milestones of Iscon Balaji Foods across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Iscon Balaji Foods is founded.
  2. Funding First funding round of $44.4M.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $150.0M.

Web traffic of Iscon Balaji Foods

The website of Iscon Balaji Foods (isconbalajifoods.com) receives about 2.1K visits a month.

  • Monthly visits
    2.1K

    ▼ 12.7% vs previous month

Similar websites

Websites whose visitors overlap most with Iscon Balaji Foods. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
skfoodsgroup.in
skfoodsgroup.in
100%
–
ksheetal.com
ksheetal.com
98%
–
sizland.com
sizland.com
98%
–
pbfoodindustries.com
pbfoodindustries.com
98%
–
heenaengg.com
98%
View details
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All 31 similar websites and full traffic analytics for Iscon Balaji Foods

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  • Audience overlap
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Top companies in Food Processing

2 companies that operate in the same segment as Iscon Balaji Foods (Food Processing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Fruits and vegetables processing services are provided by Sahyadri Farms.
2011Nashik, Maharashtra, IndiaUSD 84.86 MUSD 115.08 M2,299
Brand of beverage products
1995Gurugram, Haryana, IndiaUSD 133 MUSD 2.33 B12,570
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Related news about Iscon Balaji Foods

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Frequently Asked Questions about Iscon Balaji Foods

Iscon Balaji Foods was founded in 2012 and raised its 1st funding round 14 years after it was founded.

Iscon Balaji Foods is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Neel Kotak is the CEO of Iscon Balaji Foods, as recorded in our data. They have also founded this company.

Iscon Balaji Foods is a funded company, having raised a total of $194.43M across 2 funding rounds to date. The company's 1st funding round was a Series C of $44.43M, raised on Jan 2026.

Iscon Balaji Foods has 853 employees.

The primary company behind Iscon Balaji Foods, Iscon Balaji Foods Private Limited, reported revenue of β‚Ή1,436 Cr for FY 2025, up 21% year on year.

Iscon Balaji Foods was founded in 2012 and is headquartered in Ahmedabad, India. Operations focus on the food manufacturing sector, where frozen and dehydrated potato products are produced and exported. A range of items is offered, including dehydrated potato flakes, French fries, chilli garlic potato shots, potato cheese shots, roasties, potato patties, other frozen foods, and instant meal mixes.

Iscon Balaji Foods has 2 investors. Key investors include 360 One, and Advent International.

The valuation of Iscon Balaji Foods is $624.97M as of Jan 2026.

Iscon Balaji Foods operates through Iscon Balaji Foods Private Limited.

The legal entities of Iscon Balaji Foods currently have 6 directors, including Pravinchandra Talakshibhai Kotak, Bharatkumar Ishwarlal Kotak, Neel Kotak and others.

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