About Kusum Spices
Kusum Spices is a company based in Mumbai (India) founded in 1972 by Kusumchandra Shah, Sahil Sharad Shah, Pallavi Sharad Bal, and Shirish K. Shah was acquired by Foods and Inns in October 2019.. Kusum Spices operates in a competitive market with competitors including Pushp, Keya Foods, Food Service, Eastern Condiments and CurryIt, among others.
- Headquarter Mumbai, India
- Founders Kusumchandra Shah, Sahil Sharad Shah, Pallavi Sharad Bal, Shirish K. Shah
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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 Kusum Masala Llp
- Date of Incorporation 06 Feb, 2017
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$6 K (USD)-8as on Mar 31, 2021
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Net Profit
$3.87 K (USD)23as on Mar 31, 2021
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EBITDA
$3.96 K (USD)26as on Mar 31, 2021
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Foods and Inns
(Oct 02, 2019)
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Funding Insights of Kusum Spices
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Kusum Spices
Kusum Spices has secured backing from 1 investor. Prominent investors backing the company include Foods and Inns. 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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Foods and Inns is engaged in processing fruit and vegetable products.
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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 Kusum Spices
| 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 |
Financial Statements - Kusum Spices
| 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 |
Kusum Spices Comparisons
Competitors of Kusum Spices
Kusum Spices 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 Pushp, Keya Foods, Food Service, Eastern Condiments and CurryIt, 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 |
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| domain | founded_year | HQ Location |
Brand of spices & seasonings
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| domain | founded_year | HQ Location |
Multi-category food products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Customized food solutions are provided for the HORECA sector.
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| domain | founded_year | HQ Location |
Spices, condiments, pickles, and beverages are manufactured and distributed.
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| domain | founded_year | HQ Location |
Internet first brand offering spices and other food products
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| domain | founded_year | HQ Location |
Blended, ground, and whole spices are manufactured for culinary applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Kusum Spices
When was Kusum Spices founded?
Kusum Spices was founded in 1972.
Where is Kusum Spices located?
Kusum Spices is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Kusum Spices?
Ankit Shah is the current CEO of Kusum Spices.
What is the annual revenue of Kusum Spices?
Annual revenue of Kusum Spices is $6K as on Mar 31, 2021.
What does Kusum Spices do?
Kusum Spices, founded in 1972 in Mumbai, India, focuses on food and agriculture, food beverage products, grocery staples, and spices seasonings. Brand of spices seasonings. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Kusum Spices?
Kusum Spices's top competitors include Pushp, CurryIt and Food Service.
Who are Kusum Spices's investors?
Kusum Spices has 1 investor. Key investors include Foods and Inns.