About Mad Over Donuts
Mad Over Donuts is a company based in Mumbai (India) founded in 2007. Mad Over Donuts has raised $7.86 million across 7 funding rounds from investors including Mirah Hospitality, Jimmy Mahtani and Nirmala Bharwani. The company has 667 employees as of March 22, 2024. Mad Over Donuts offers products and services including Donuts, Beverages, and Custom Orders. Mad Over Donuts operates in a competitive market with competitors including YUM! Brands, Devyani International, Impresario, Biggies Burger N More and VRO Hospitality, among others.
- Headquarter Mumbai, India
- Employees 667 as on 22 Mar, 2024
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Himesh Foods Private Limited
- Date of Incorporation 09 Oct, 2007
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$10.66 M (USD)45.12as on Mar 31, 2023
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Net Profit
$816.2 K (USD)1052.32as on Mar 31, 2023
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EBITDA
$1.01 M (USD)239.04as on Mar 31, 2023
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Total Equity Funding
$7.86 M (USD)
in 7 rounds
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Latest Funding Round
$98.83 K (USD), Angel Round
Dec 04, 2020
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Investors
Mirah Hospitality
& 8 more
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Employee Count
667
as on Mar 22, 2024
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Products & Services of Mad Over Donuts
Mad Over Donuts offers a comprehensive portfolio of products and services, including Donuts, Beverages, and Custom Orders.
Handcrafted eggless donuts with various flavors for consumer enjoyment
Bubble tea and other flavored drinks for complementary treats
Design-your-own donut options at topping bars for unique experiences
Funding Insights of Mad Over Donuts
Mad Over Donuts has successfully raised a total of $7.86M across 7 strategic funding rounds. The most recent funding activity was a Angel Round of $98.83 thousand completed in December 2020. 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 7
- Last Round Angel Round — $98,829
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First Round
First Round
(19 Oct 2010)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Angel Round - Mad Over Donuts | Valuation | Nirmala Bharwani | |
| Nov, 2019 | Amount | Angel Round - Mad Over Donuts | Valuation | Gita Bharwani | |
| Jun, 2018 | Amount | Angel Round - Mad Over Donuts | Valuation | Haresh Kewlani |
Investors in Mad Over Donuts
Mad Over Donuts has secured backing from 9 investors, including angel and institutional investors. Prominent investors backing the company include Mirah Hospitality, Jimmy Mahtani and Nirmala Bharwani.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Hospitality brands are managed across multiple Indian cities.
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Founded Year | Domain | Location | |
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JM
Jimmy Mahtani |
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Founded Year | Domain | Location |
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NB
Nirmala Bharwani |
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Founded Year | Domain | Location |
Investments & Acquisitions by Mad Over Donuts
Financial Statements - Mad Over Donuts
Mad Over Donuts Comparisons
Competitors of Mad Over Donuts
Mad Over Donuts 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 YUM! Brands, Devyani International, Impresario, Biggies Burger N More and VRO Hospitality, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Restaurants chains
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| domain | founded_year | HQ Location |
Quick-service restaurants and food courts are developed and operated.
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| domain | founded_year | HQ Location |
Chain of limited service restaurant
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| domain | founded_year | HQ Location |
Restaurant chain serving American fast food and snacks
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| domain | founded_year | HQ Location |
Restaurant chain serving multiple dishes
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| domain | founded_year | HQ Location |
Indian restaurants and a food magazine are operated.
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Frequently Asked Questions about Mad Over Donuts
Mad Over Donuts was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Mad Over Donuts is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mad Over Donuts is a funded company, having raised a total of $7.86M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $554.85K, raised on Oct 19, 2010.
As of Mar 22, 2024, the latest employee count at Mad Over Donuts is 667.
Annual revenue of Mad Over Donuts is $10.66M as on Mar 31, 2023.
Mad Over Donuts was established in 2007 in Mumbai, India, as a chain in the food service sector. Limited service restaurants are operated, focusing on donuts and coffee as primary items. Additional products such as beverages, cupcakes, cookies, brownies, bubble tea, and waffles are provided to customers across locations in India. Operations emphasize quick-service formats in urban areas.
Mad Over Donuts's top competitors include Impresario, Devyani International and YUM! Brands.
Mad Over Donuts offers Donuts, Beverages, and Custom Orders.
Mad Over Donuts has 9 investors. Key investors include Mirah Hospitality, Jimmy Mahtani, Nirmala Bharwani, Gita Bharwani, and Haresh Kewlani.
The valuation of Mad Over Donuts is $2.95M as of Dec 2020.