About Maiyas
Maiyas is a Consumer company based in Bengaluru (India) founded in 2012 by P Sadananda Maiya. Chain of restaurants that sells packaged Indian traditional snacks. Maiyas has raised $46.9 million across 3 funding rounds from investors including Ascent Capital and Peepul Capital. The company has 182 employees. Its chief executive, as recorded, is P Sadananda Maiya. Maiyas offers products and services including Beverages, Frozen Food, Instant Mix, Masalas, and Pickles. Its focus areas include Food and Agriculture, Food & Beverage Products, Convenience Foods and Multi-category. Its competitors include Cavinkare, Thalappakatti and Chings Secret; 1 of its 3 listed competitors has raised funding.
Company details
Maiyas was founded in 2012 in Bengaluru, India, by P Sadananda Maiya. A chain of restaurants is operated in the food and beverage sector, where north Indian and south Indian dishes, beverages, bakery items, sweets, and snacks are served. Packaged products such as ice-creams, eggless pastries, and traditional sweets are distributed through Maiyas Express store-cum-restaurant outlets across the region.
- Annual Revenue$3.17 M (USD)-84as on Mar 31, 2019
- Net Profit-$6.32 M (USD)54as on Mar 31, 2019
- EBITDA-$3.8 M (USD)66as on Mar 31, 2019
- Total Equity Funding$46.9M (USD)
in 3 rounds
- InvestorsAscent Capital
& 1 more
- Employee Count182
Associated legal entities of Maiyas
Maiyas is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maiyas Restaurants Private Limited CIN U15500KA2014PTC074445 | Active | 26 Mar 2014 | Bangalore, Karnataka | ₹9.2 Cr | 202 | 2 | View details |
| Maiyas Beverages And Foods Private Limited CIN U85110KA1988PTC009720 | Active | 23 Dec 1988 | Bengaluru, Karnataka | ₹22.1 Cr | 320 | 4 | View details |
Products & Services of Maiyas
Maiyas offers a comprehensive portfolio of products and services, including Beverages, Frozen Food, Instant Mix, Masalas, and Pickles.
Traditional Indian beverages made with quality ingredients for daily use.
Variety of frozen Indian dishes for easy and convenient preparation.
Pre-mixed ingredients for quick traditional Indian recipes at home.
Spice blends based on authentic Indian flavors for cooking enhancement.
Preserved traditional Indian pickles using fresh and natural ingredients.
Pre-cooked meals offering authentic Indian tastes for on-the-go consumption.
Snacks and savory items inspired by Indian traditions for everyday snacking.
Traditional Indian sweets made with quality ingredients for festive occasions.
Restaurants serving authentic Indian cuisine with a focus on tradition.
Funding Insights of Maiyas
Maiyas has successfully raised a total of $46.9M across 3 strategic funding rounds. 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 $46.9M
- Total Rounds 3
- First Round $17M
(May 2014)
- Investors Count 2
All 3 funding rounds of Maiyas 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 |
|---|---|---|---|---|---|
| May 2017 | Private Equity Round | – | Ascent Capital | – | |
| May 2016 | $29.9M | Private Equity Round | – | Peepul Capital | |
| May 2014 | $17M | Private Equity Round | – | Ascent Capital | – |
2 investors in total: 2 institutional.
Investors in Maiyas
Maiyas has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Ascent Capital and Peepul Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AscentCapital is engaged in potato farming, grain marketing, and equipment services in Maine. | 2000 | ascentcapital.in | Bengaluru, India | |
Private equity firm engaged in growth investments across India. | 2000 | peepulcapital.com | Port Louis, Mauritius |
Investor details for Maiyas
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Maiyas
The boards of the 2 registered companies of Maiyas currently have 6 directors; the longest-serving is Parampalli Sadananda Maiya, appointed in 2014. 17 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Parampalli Sadananda Maiya DIN 00061795 | Director | 26 Mar 2014 | 12 yrs 6 mo | Maiyas Restaurants Private Limited |
| Sudarshan P Maiya DIN 01872346 | Director | 01 Jun 2018 | 8 yrs 4 mo | Maiyas Restaurants Private Limited |
| Kashi Rama Bhatta Raghupathi Bhatta DIN 08243885 | Director | 20 May 2019 | 7 yrs 5 mo | Maiyas Beverages And Foods Private Limited |
| Pavan Kashyap DIN 09107728 | Director | 30 Jul 2021 | 5 yrs 2 mo | Maiyas Beverages And Foods Private Limited |
| Sanjay Joshi DIN 07473755 | Additional Director | 27 Dec 2024 | 1 yr 9 mo | Maiyas Beverages And Foods Private Limited |
| Navamohan Kumar Shivanna DIN 07993844 | Additional Director | 27 Dec 2024 | 1 yr 9 mo | Maiyas Beverages And Foods Private Limited |
People of Maiyas
1 people are tracked at Maiyas (1 in leadership); the tracked headcount is 182.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Maiyas
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Maiyas
Figures of Maiyas Restaurants Private Limited, the primary company behind Maiyas, for FY 2023. Revenue was ₹9.17 Cr (-17% year on year). Net profit was ₹14.2 Lakh (2% margin). EBITDA was ₹1.45 Cr (16% margin). Revenue has grown at a compounded annual rate of -21% over three years and -24% over five years.
- ₹9.17 CrRevenue · FY 2023 · -17% YoY
- ₹14.2 LakhNet profit · 2% margin
- ₹1.45 CrEBITDA · 16% margin
- ₹1.00 CrPaid-up capital
- 202Employees (provident fund records)
- -21%Revenue CAGR, 3 years
- -24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Maiyas Restaurants Private Limited are on its company page.
Detailed financial statements for Maiyas
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Maiyas
3 dated milestones of Maiyas across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Maiyas is founded.
- Funding First funding round of $17.0M.
- Funding Latest funding round, Private Equity Round,.
Competitors of Maiyas
Maiyas has 3 listed competitors in our database, 1 of them funded. They include Cavinkare, Thalappakatti and Chings Secret.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cavinkare.com | 1983 | Chennai, India | $45M | 2,526 | Multicategory convenience food products are offered as an internet-first brand. | |
| thalappakatti.com | 1998 | Bengaluru, India | 3 | Chain of restaurant serving casual dining focused on biryani | ||
| chingssecret.com | 1996 | Mumbai, India | 24 | Private label brand for Indo-Chinese fusion food |
Detailed competitors of Maiyas
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Web traffic of Maiyas
The website of Maiyas (maiyas.in) receives about 3.5K visits a month.
- Monthly visits3.5K
▲ 53.9% vs previous month
Websites whose visitors overlap most with Maiyas. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| eveningflavors.com | 100% | View details | |||
| burrp.com | 100% | View details | |||
| zomato.com | 80% | 17.2M | #2,861 | View details | |
| aachigroup.com | 61% | 3K | #5,497,943 | View details | |
spicesonline.info | spicesonline.info | 41% | – |
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Maiyas (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 Maiyas
Complete news archive for Maiyas
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Frequently Asked Questions about Maiyas
Maiyas was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Maiyas is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
P Sadananda Maiya is the CEO of Maiyas, as recorded in our data. They have also founded this company.
Maiyas is a funded company, having raised a total of $46.9M across 3 funding rounds to date. The company's 1st funding round was a Private Equity Round of $17M, raised on May 2014.
Maiyas has 182 employees.
Annual revenue of Maiyas is $3.17M as on Mar 31, 2019.
Maiyas was founded in 2012 in Bengaluru, India, by P Sadananda Maiya. A chain of restaurants is operated in the food and beverage sector, where north Indian and south Indian dishes, beverages, bakery items, sweets, and snacks are served. Packaged products such as ice-creams, eggless pastries, and traditional sweets are distributed through Maiyas Express store-cum-restaurant outlets across the region.
Maiyas's top competitors include Cavinkare, Chings Secret and Thalappakatti.
Maiyas offers Beverages, Frozen Food, Instant Mix, Masalas, and 5 more products and services.
Maiyas has 2 investors. Key investors include Ascent Capital, and Peepul Capital.
Maiyas is associated with 2 legal entities: Maiyas Restaurants Private Limited, Maiyas Beverages And Foods Private Limited.
The legal entities of Maiyas currently have 6 directors, including Sudarshan P Maiya, Parampalli Sadananda Maiya, Kashi Rama Bhatta Raghupathi Bhatta and others.