About Kandee Factory
Kandee Factory is a company based in Chennai (India) founded in 2013 by Anusha Mahesh Dharam and Mahesh Dharam. Kandee Factory has raised $562.75 thousand across 4 funding rounds from investors including Kubos, Srinivasan Kannan and E Nandhakumar. The company has 16 employees as of April 06, 2024. Kandee Factory operates in a competitive market with competitors including Nova Nova, ASAP bars, Gud Gum, Dobiee Foods and Shadani, among others.
- Headquarter Chennai, India
- Employees 16 as on 06 Apr, 2024
- Founders Anusha Mahesh Dharam, Mahesh Dharam
- Stage Minicorn
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Sectors
ConsumerRetail
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Tj Dharam Global Foods Private Limited
- Date of Incorporation 08 May, 2019
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$334.86 K (USD)28.15as on Mar 31, 2023
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Net Profit
-$118.04 K (USD)-1698.83as on Mar 31, 2023
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EBITDA
-$24.73 K (USD)-148.71as on Mar 31, 2023
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Total Equity Funding
$562.75 K (USD)
in 4 rounds
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Latest Funding Round
$107.76 K (USD), Seed
Apr 30, 2024
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Investors
Kubos
& 46 more
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Employee Count
16
as on Apr 06, 2024
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Funding Insights of Kandee Factory
Kandee Factory has successfully raised a total of $562.75K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $107.76 thousand completed in April 2024. 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 Kandee Factory
Kandee Factory has secured backing from 47 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Kubos, Srinivasan Kannan and E Nandhakumar.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on diversified sectors
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End-to-end HR services are provided for business operations.
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Private equity firm focused on multiple sectors
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Investor details for Kandee Factory
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Investments & Acquisitions by Kandee Factory
Investment portfolio details for Kandee Factory
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Financial Statements - Kandee Factory
Detailed financials for Kandee Factory
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Kandee Factory Comparisons
Peer comparison for Kandee Factory
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Competitors of Kandee Factory
Kandee Factory 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 Nova Nova, ASAP bars, Gud Gum, Dobiee Foods and Shadani, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Waffle-based confectionery and snack products are manufactured for diverse preferences.
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Platform offering healthy snacks
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Plastic-free, biodegradable chewing gum is manufactured using natural chicle.
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Confectionery products including gums and candies are offered online.
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Online platform offering candies, mouth fresheners, and seasonings for consumers.
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Detailed competitors of Kandee Factory
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Latest news on Kandee Factory
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Frequently Asked Questions about Kandee Factory
Kandee Factory was founded in 2013 and raised its 1st funding round 7 years after it was founded.
Kandee Factory is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Mahesh Dharam is the current CEO of Kandee Factory. They have also founded this company.
Kandee Factory is a funded company, having raised a total of $562.75K across 4 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Kandee Factory is 16.
Annual revenue of Kandee Factory is $334.86K as on Mar 31, 2023.
Kandee Factory was founded in 2013 in Chennai, India, as a retailer specializing in plant-based confectionery. A range of vegan products, including marshmallows, lollipops, gummies, hard candies, and specialty items like candy canes, is offered in various flavors, sizes, and pack options. Operations focus on sustainable, animal-free sweets distributed through the companys domain, kandeefactory.com, targeting health-conscious consumers in the vegan food sector.
Kandee Factory's top competitors include Nova Nova, ASAP bars and Dobiee Foods.
Kandee Factory has 47 investors. Key investors include Kubos, Srinivasan Kannan, E Nandhakumar, Anand Singhi, and Ravichandran Sargunaraj.
The valuation of Kandee Factory is $3.85M as of Aug 2022.