About Kitty
Kitty is a company based in Ludhiana (India) founded in 1998 by Ramesh Mago was acquired by Grupo Bimbo in November 2021. Kitty has raised $1.17 million across 2 funding rounds from investors including Grupo Bimbo, Ready Roti and Hindustan Cotyson. The company has 2,561 employees as of July 29, 2024. Kitty offers products and services including Breads, Eggless Cakes, Sweet Roll, Twisted Puff, and Pav Buns. Kitty operates in a competitive market with competitors including Mondelez International, Unibic, Cremica, Haldiram Foods International and Kishlay Foods, among others.
- Headquarter Ludhiana, India
- Employees 2561 as on 29 Jul, 2024
- Founders Ramesh Mago
- Stage Minicorn
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name Kitty Industries Private Limited
- Date of Incorporation 26 Mar, 1998
- Jurisdiction Ludhiana, Punjab, India
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Annual Revenue
$30.05 M (USD)29.46as on Mar 31, 2023
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Net Profit
$3.22 M (USD)57.73as on Mar 31, 2023
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EBITDA
$4.56 M (USD)40.41as on Mar 31, 2023
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Total Equity Funding
$1.17 M (USD)
in 2 rounds
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Latest Funding Round
$1.09 M (USD), Unspecified
Oct 27, 2021
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Investors
Grupo Bimbo
& 2 more
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Employee Count
2561
as on Jul 29, 2024
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Acquired by
Grupo Bimbo
(Nov 01, 2021)
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Products & Services of Kitty
Kitty offers a comprehensive portfolio of products and services, including Breads, Eggless Cakes, Sweet Roll, Twisted Puff, and Pav Buns.
Essential bread varieties for daily consumption.
Cakes made without eggs for dietary needs.
Rolls with sweet flavors for snacking.
Puffed pastries for quick treats.
Soft buns used in sandwiches and meals.
Bases for homemade or commercial pizzas.
Toasted suji items for breakfast options.
Crispy rusk for dipping and eating.
Varied biscuits for everyday snacking.
Sweet cookies for desserts.
Crumbs for cooking and coating.
Traditional sweets and treats.
Spicy savory snacks for munching.
Puffed rice snacks for light eating.
Assorted packs for gifting occasions.
Sweet sesame-based treats.
Sesame seed sweets for festivals.
Funding Insights of Kitty
Kitty has successfully raised a total of $1.17M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $1.09 million completed in October 2021. 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 Total Funding
- Total Rounds 2
- Last Round Unspecified — $1.1M
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First Round
First Round
(10 Sep 2008)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Unspecified - Kitty | Valuation | Ready Roti |
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| Sep, 2008 | Amount | Unspecified - Kitty | Valuation | Hindustan Cotyson |
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Investors in Kitty
Kitty has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Grupo Bimbo, Ready Roti and Hindustan Cotyson.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Brand of bread and bakery products
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Multi-category bakery snacks are manufactured and branded worldwide.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kitty
Financial Statements - Kitty
Kitty Comparisons
Competitors of Kitty
Kitty 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 Mondelez International, Unibic, Cremica, Haldiram Foods International and Kishlay Foods, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category convenience foods are produced and distributed globally.
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| domain | founded_year | HQ Location |
Multi-category snacks are manufactured and distributed by Unibic brand.
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| domain | founded_year | HQ Location |
Snacks, biscuits, breads, and related products are manufactured.
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| domain | founded_year | HQ Location |
Offers traditional Indian sweets, namkeen, dry fruits, and beverages for online purchase and delivery.
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| domain | founded_year | HQ Location |
Multi-category snack products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Integrated convergence solutions are provided in the Indian market.
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Latest news on Kitty
Frequently Asked Questions about Kitty
Kitty was founded in 1998 and raised its 1st funding round 10 years after it was founded.
Kitty is headquartered in Ludhiana, India. It is registered at Ludhiana, Punjab, India.
Kitty is a funded company, having raised a total of $1.17M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $78.01K, raised on Sep 10, 2008.
As of Jul 29, 2024, the latest employee count at Kitty is 2,561.
Annual revenue of Kitty is $30.05M as on Mar 31, 2023.
Kitty bread manufactures all types of breads like white, brown, whole wheat fruit in various sizes. Also manufactures all type of bakery items like pav buns, pizza base, fruit buns, burger buns, rusks toast, eggless biscuits, eggless cakes, bar cakes muffins, bread crumbs, coatings garlic predust, traditional sweets, in different sizes packaging. Currently the products are available in the states of Punjab, Himachal Pradesh, Chandigarh, Haryana, Uttranchal, Western U.P., JK and some parts of Rajasthan.
Kitty's top competitors include Cremica, Mondelez International and Unibic.
Kitty offers Breads, Eggless Cakes, Sweet Roll, Twisted Puff, and 6 more products and services.
Kitty has 3 investors. Key investors include Grupo Bimbo, Ready Roti, and Hindustan Cotyson.
The valuation of Kitty is $50.88M as of Oct 2021.