About Lal Sweets
Lal Sweets is a Consumer company based in Bengaluru (India) founded in 2010. Cookies and sweets are distributed by an internet-first brand. It operates in the Consumer and Retail sectors. Lal Sweets has raised $39.35 million across 1 funding round from investors including Motilal Oswal and Motilal Oswal Alternates. The company has 349 employees. Lal Sweets was last valued at $110.21 million in August 2024. Its chief executive, as recorded, is Prateek Athwani. Its website lalsweets.com draws about 10 thousand monthly visits. Its Indian entity Lal Sweets Private Limited reported revenue of ₹176 Cr. Lal Sweets offers products and services including Mysore Pak, Dharwad Peda, Motichur Laddoo, Kaju Katli, and Chakli Masala. Its focus areas include Food and Agriculture, Food & Beverage Products, Convenience Foods and Snacks. Its competitors include The Betel Leaf Co, Bansiwala and Fulva; 2 of its 3 listed competitors have raised funding.
Company details
Lal Sweets was established in 2010 in Bengaluru, India, as an internet-first brand focused on cookies and sweets. Operations are conducted primarily online through the domain lalsweets.com, serving the confectionery sector. The company is led by CEO and Managing Director Prateek Athwani. Products are targeted at consumers in India, with emphasis on direct-to-consumer sales via digital platforms. No physical retail presence is noted in available data.
- Headquarters Bengaluru, India
- Employees 349
- Stage Minicorn
- SectorsConsumerRetail
- Email••••••••
- Phone•••• ••••
- Website lalsweets.com
- Social LinkedIn X Facebook Instagram
- Legal Name Lal Sweets Private Limited
- Date of Incorporation 08 Apr, 2010
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹176 Cr
FY 2025 · +34% YoY
- Net Profit₹14.44 Cr
FY 2025 · 8% margin
- EBITDA₹24.31 Cr
FY 2025 · 14% margin
- Total Equity Funding$39.35M (USD)
in 1 rounds
- Latest Funding Round$39.35M (USD), Private Equity Round
Aug 2024
- InvestorsMotilal Oswal
& 1 more
- Employee Count349
Associated legal entities of Lal Sweets
Lal Sweets operates through Lal Sweets Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lal Sweets Private Limited CIN U15400KA2010PTC053148 | Active | 08 Apr 2010 | Bangalore, Karnataka | ₹176 Cr | 349 | 4 | View details |
Products & Services of Lal Sweets
Lal Sweets offers a comprehensive portfolio of products and services, including Mysore Pak, Dharwad Peda, Motichur Laddoo, Kaju Katli, and Chakli Masala.
Traditional Indian sweet made from gram flour, ghee, and sugar for festive occasions.
Caramel-flavored sweet prepared with milk and sugar for everyday snacking.
Tiny gram flour balls shaped into laddoo, ideal for gifting and celebrations.
Cashew-based delicacy with a diamond shape, perfect for special events.
Spicy spiral snack made from rice flour, enjoyed as a crunchy appetizer.
Funding Insights of Lal Sweets
Lal Sweets has successfully raised a total of $39.35M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $39.35 million completed in August 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.
- Total Funding $39.35M
- Total Rounds 1
- Last Round Private Equity Round — $39.35M
- First Round $39.35M
(Aug 2024)
- Investors Count 2
All 1 funding rounds of Lal Sweets with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2024 | $39.35M | Private Equity Round | $110.21M | Motilal Oswal, Motilal Oswal | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2024 | $110.21M | •••••••• |
Last known valuation $110.21M (Aug 2024). 2 investors in total: 2 institutional.
Investors in Lal Sweets
Lal Sweets has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Motilal Oswal and Motilal Oswal Alternates.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Online share trading and investment services are provided. | 1987 | motilaloswal.com | Mumbai, India | |
Motilal Oswal Alternates is engaged in alternative investment management. | motilaloswalalt.com | Mumbai, India |
Investor details for Lal Sweets
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Board of directors of Lal Sweets Private Limited (Lal Sweets)
Lal Sweets Private Limited is the primary company behind Lal Sweets. The board of Lal Sweets Private Limited currently have 4 directors; the longest-serving is Prateek Gulab Athwani, appointed in 2010. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prateek Gulab Athwani DIN 02988545 | Director | 08 Apr 2010 | 16 yrs 6 mo | Lal Sweets Private Limited |
| Ankit Srivastava DIN 07259563 | Nominee Director | 24 Sep 2024 | 2 yrs 1 mo | Lal Sweets Private Limited |
| Vijay Dhanuka DIN 07614688 | Nominee Director | 24 Sep 2024 | 2 yrs 1 mo | Lal Sweets Private Limited |
| Dhanraj Lakhmani DIN 10827564 | Director | 18 Nov 2024 | 1 yr 11 mo | Lal Sweets Private Limited |
People of Lal Sweets
1 people are tracked at Lal Sweets (1 in leadership); the tracked headcount is 349.
| Name | Role | Group |
|---|---|---|
| CEO & Managing Director | Leadership |
Complete people profiles for Lal Sweets
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Financials of Lal Sweets
Figures of Lal Sweets Private Limited, the primary company behind Lal Sweets, for FY 2025. Revenue was ₹176 Cr (+34% year on year). Net profit was ₹14.44 Cr (8% margin). EBITDA was ₹24.31 Cr (14% margin). Revenue has grown at a compounded annual rate of +43% over three years and +32% over five years.
- ₹176 CrRevenue · FY 2025 · +34% YoY
- ₹14.44 CrNet profit · 8% margin
- ₹24.31 CrEBITDA · 14% margin
- ₹1 LakhPaid-up capital
- 349Employees (provident fund records)
- +43%Revenue CAGR, 3 years
- +32%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Lal Sweets Private Limited are on its company page.
Detailed financial statements for Lal Sweets
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Timeline of Lal Sweets
3 dated milestones of Lal Sweets across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Lal Sweets is founded.
- Funding First funding round of $39.3M.
- Milestone Reaches Minicorn status.
Competitors of Lal Sweets
Lal Sweets has 3 listed competitors in our database, 2 of them funded. They include The Betel Leaf Co, Bansiwala and Fulva.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thebetelleafco.com | 2018 | Bengaluru, India | $2.15M | 27 | Paan products including teas and chocolates are offered online. | |
| bansiwala.co.in | 2016 | Mumbai, India | $160,000 | Sweets are offered through an internet-first brand in India. | ||
| fulva.in | 2023 | Kozhikode, India | Online platform for purchasing traditional Indian halwa and combos. |
Detailed competitors of Lal Sweets
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Web traffic of Lal Sweets
The website of Lal Sweets (lalsweets.com) receives about 10.5K visits a month.
- Monthly visits10.5K
▲ 60.2% vs previous month
Websites whose visitors overlap most with Lal Sweets. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sweetkadai.com | 100% | 7.7K | #3,097,133 | View details | |
| thebaklavabox.com | 78% | 92.3K | #394,610 | View details | |
| funskoolindia.com | 74% | 15.2K | #1,589,810 | View details | |
| superfan.in | 69% | 24.5K | #1,010,052 | View details | |
| okcredit.in | 69% | 281.7K | #160,074 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Lal Sweets
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Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Lal Sweets (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 Lal Sweets
Complete news archive for Lal Sweets
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Frequently Asked Questions about Lal Sweets
Lal Sweets was founded in 2010 and raised its 1st funding round 14 years after it was founded.
Lal Sweets is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Prateek Athwani is the CEO of Lal Sweets, as recorded in our data.
Lal Sweets is a funded company, having raised a total of $39.35M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $39.35M, raised on Aug 2024.
Lal Sweets has 349 employees.
The primary company behind Lal Sweets, Lal Sweets Private Limited, reported revenue of ₹176 Cr for FY 2025, up 34% year on year.
Lal Sweets was established in 2010 in Bengaluru, India, as an internet-first brand focused on cookies and sweets. Operations are conducted primarily online through the domain lalsweets.com, serving the confectionery sector. The company is led by CEO and Managing Director Prateek Athwani. Products are targeted at consumers in India, with emphasis on direct-to-consumer sales via digital platforms. No physical retail presence is noted in available data.
Lal Sweets's top competitors include The Betel Leaf Co, Bansiwala and Fulva.
Lal Sweets offers Mysore Pak, Dharwad Peda, Motichur Laddoo, Kaju Katli, and Chakli Masala.
Lal Sweets has 2 investors. Key investors include Motilal Oswal, and Motilal Oswal Alternates.
The valuation of Lal Sweets is $110.21M as of Aug 2024.
Lal Sweets operates through Lal Sweets Private Limited.