About Kusum Spices
Kusum Spices is a Consumer company based in Mumbai (India) founded in 1972 by Kusumchandra Shah, Sahil Sharad Shah, Pallavi Sharad Bal, and Shirish K. Shah, and was acquired by Foods and Inns in October 2019. Spices and seasonings are branded and distributed by Kusum Spices. Its chief executive, as recorded, is Ankit Shah. Its Indian entity Yv Labs Llp reported revenue of ₹4.5 Lakh. Its focus areas include Food and Agriculture, Food & Beverage Products, Grocery & Staples and Spices & Seasonings. Its competitors include Pushp, Keya Foods and Food Service; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Founders Kusumchandra Shah, Sahil Sharad Shah, Pallavi Sharad Bal, Shirish K. Shah
- Stage Acquired
- SectorsConsumer
- Website kusumspices.com
- Social Instagram
- Acquired by Foods and Inns (Oct 2019)
- Legal Name Kusum Masala Llp
- Date of Incorporation 06 Feb, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹4.5 Lakh
FY 2021 · -8% YoY
- EBITDA₹2.9 Lakh
FY 2021 · 66% margin
- Investors
- Acquired byFoods and Inns
(Oct 2019)
Associated legal entities of Kusum Spices
Kusum Spices operates through Yv Labs Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Yv Labs Llp CIN AAI-4767 | Active | 06 Feb 2017 | Mumbai, Maharashtra | ₹0.0 Cr | 3 | View details |
Investors in Kusum Spices
Kusum Spices has secured backing from 1 investor. Prominent investors backing the company include Foods and Inns.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Foods and Inns is engaged in processing fruit and vegetable products. | 1967 | foodsandinns.com | Mumbai, India |
Investor details for Kusum Spices
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Board of directors of Yv Labs Llp (Kusum Spices)
Yv Labs Llp is the primary company behind Kusum Spices. The board of Yv Labs Llp currently have 3 directors; the longest-serving is Sharad Kusumchandra Shah, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sharad Kusumchandra Shah DIN 00481970 | Designated Partner | 06 Feb 2017 | 9 yrs 8 mo | Yv Labs Llp |
| Sahil Sharad Shah DIN 01893172 | Designated Partner | 06 Feb 2017 | 9 yrs 8 mo | Yv Labs Llp |
| Pallavi Sharad Shah DIN 01893156 | Designated Partner | 06 Feb 2017 | 9 yrs 8 mo | Yv Labs Llp |
People of Kusum Spices
8 people are tracked at Kusum Spices (8 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| Co-Founder | Leadership | |
Pallavi Sharad Bal | Co-Founder | Leadership |
Shirish K. Shah | Co-Founder | Leadership |
Ankit Shah | CEO | Leadership |
Rachana Shah | Leadership | |
| Leadership | ||
Nirmi Shah | Leadership |
Complete people profiles for Kusum Spices
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Financials of Kusum Spices
Figures of Yv Labs Llp, the primary company behind Kusum Spices, for FY 2021. Revenue was ₹4.5 Lakh (-8% year on year). EBITDA was ₹2.9 Lakh (66% margin). Revenue has grown at a compounded annual rate of +3% over three years.
- ₹4.5 LakhRevenue · FY 2021 · -8% YoY
- ₹2.9 LakhEBITDA · 66% margin
- +3%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Yv Labs Llp are on its company page.
Detailed financial statements for Kusum Spices
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Timeline of Kusum Spices
2 dated milestones of Kusum Spices across 47 years, from founding to its latest funding, stage changes and deals.
- Founded Kusum Spices is founded.
- Exit Acquired by Foods and Inns.
Competitors of Kusum Spices
Kusum Spices has 3 listed competitors in our database, 3 of them funded. They include Pushp, Keya Foods and Food Service.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pushpmasale.com | 1974 | Indore, India | $16.78M | 1,096 | Brand of spices & seasonings | |
| keyafoods.com | 2009 | Mumbai, India | $209,091 | 280 | Multi-category food products are offered via an internet-first brand. | |
| foodserviceindia.com | 2012 | Mumbai, India | $6.37M | 298 | Customized food solutions are provided for the HORECA sector. |
Detailed competitors of Kusum Spices
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Web traffic of Kusum Spices
The website of Kusum Spices (kusumspices.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▼ 37.9% vs previous month
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Kusum Spices (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 |
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Related news about Kusum Spices
Complete news archive for Kusum Spices
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Frequently Asked Questions about Kusum Spices
Kusum Spices was founded in 1972.
Kusum Spices is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ankit Shah is the CEO of Kusum Spices, as recorded in our data.
The primary company behind Kusum Spices, Yv Labs Llp, reported revenue of ₹4.5 Lakh for FY 2021, down 8% year on year.
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.
Kusum Spices's top competitors include Pushp, Food Service and Keya Foods.
Kusum Spices has 1 investor. Key investors include Foods and Inns.
Kusum Spices operates through Yv Labs Llp.
Yes. Kusum Spices was acquired by Foods and Inns in October 2019.
The legal entities of Kusum Spices currently have 3 directors, including Sharad Kusumchandra Shah, Sahil Sharad Shah, Pallavi Sharad Shah.