Mad Over Donuts

Mumbai, India Founded: 2007 • Age: 19 yrs
Chain of limited service restaurants offering donuts and coffee
Annual revenue $10.7M Latest available
Total funding $7.9M 7 rounds
Employees 667 Tracked headcount
Investors 9 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Consumer
  • 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
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $10.66 M (USD)
    45.12
    as on Mar 31, 2023
  • Net Profit
    $816.2 K (USD)
    1052.32
    as on Mar 31, 2023
  • EBITDA
    $1.01 M (USD)
    239.04
    as on Mar 31, 2023
  • Total Equity Funding
    $7.86 M (USD)

    in 7 rounds

  • Latest Funding Round
    $98.83 K (USD), Angel Round

    Dec 04, 2020

  • Investors
  • 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.

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Primary

Handcrafted eggless donuts with various flavors for consumer enjoyment

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Bubble tea and other flavored drinks for complementary treats

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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.

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.

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Institutional
Angel
Investor Description Founded Year Domain Location
Hospitality brands are managed across multiple Indian cities.
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Jimmy Mahtani

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Nirmala Bharwani

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Investments & Acquisitions by Mad Over Donuts

Investments
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Investment portfolio details for Mad Over Donuts

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Financial Statements - Mad Over Donuts

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Detailed financials for Mad Over Donuts

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Mad Over Donuts Comparisons

Mad Over Donuts Primary company
Description
Chain of limited service restaurants offering donuts and cof...
Location
Mumbai, India
Founded Year
2007
Annual Revenue
$10.66 M (USD)
Net Profit
$816.2 K (USD)
EBITDA
$1.01 M (USD)
Employees
667
As of 2024
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Peer comparison for Mad Over Donuts

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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
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Restaurants chains
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Quick-service restaurants and food courts are developed and operated.
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Chain of limited service restaurant
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Restaurant chain serving American fast food and snacks
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Restaurant chain serving multiple dishes
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Indian restaurants and a food magazine are operated.
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Detailed competitors of Mad Over Donuts

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Latest news on Mad Over Donuts

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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.

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.

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