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
*********
- 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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 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 |
| 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 |
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. 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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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 |
| 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 Mad Over Donuts
| 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 - Mad Over Donuts
| 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 |
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. 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.
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Indian restaurants and a food magazine are operated.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Latest news on Mad Over Donuts
Frequently Asked Questions about Mad Over Donuts
When was Mad Over Donuts founded?
Mad Over Donuts was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is Mad Over Donuts located?
Mad Over Donuts is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Mad Over Donuts a funded company?
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.
How many employees does Mad Over Donuts have?
As of Mar 22, 2024, the latest employee count at Mad Over Donuts is 667.
What is the annual revenue of Mad Over Donuts?
Annual revenue of Mad Over Donuts is $10.66M as on Mar 31, 2023.
What does Mad Over Donuts do?
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.
Who are the top competitors of Mad Over Donuts?
Mad Over Donuts's top competitors include Impresario, Devyani International and YUM! Brands.
What products or services does Mad Over Donuts offer?
Mad Over Donuts offers Donuts, Beverages, and Custom Orders.
Who are Mad Over Donuts's investors?
Mad Over Donuts has 9 investors. Key investors include Mirah Hospitality, Jimmy Mahtani, Nirmala Bharwani, Gita Bharwani, and Haresh Kewlani.
What is Mad Over Donuts's valuation?
The valuation of Mad Over Donuts is $2.95M as of Dec 2020.
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