About MamaMia!
MamaMia! is a Consumer company based in Howrah (India) founded in 2005 by Akshat Singhania, Suresh Kumar Singhania, Adhiraj Thirani, and Sidharth Thirani. Ice cream parlours are operated as a chain in India. MamaMia! has raised $356.5 thousand across 1 funding round from investors including Pareto Capital, Harendra Singh Tomar and Manish Kumar Jajodia. The company has 83 employees. MamaMia! was last valued at $1.81 million in July 2019. Its Indian entity Mama Mia Foods Private Limited reported revenue of ₹13.59 Cr. MamaMia! offers products and services including Italian Butterscotch Cake, Blueberry Cheesecake, Gelatos, Biscoff Cake, and Macarons. Its focus areas include Food and Agriculture, Food Service Chains, Restaurants and Limited Service. Its competitors include Hangyo, NIC Ice Creams and Polar Bear; 3 of its 3 listed competitors have raised funding.
Company details
MamaMia! was founded in 2005 in Howrah, India, focusing on the food and beverage sector through ice cream parlour operations. A variety of ice cream products and related refreshments are provided at multiple outlets. The chains activities are managed from its base in India, with key involvement from founders Akshat Singhania, Suresh Kumar Singhania, Adhiraj Thirani, and Sidharth Thirani. Expansion has been centered on domestic locations since inception.
- Headquarters Howrah, India
- Employees 83
- Founders Akshat Singhania, Suresh Kumar Singhania, Adhiraj Thirani, Sidharth Thirani
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website mamamiaindia.com
- Social LinkedIn Facebook Instagram
- Legal Name Mama Mia Foods Private Limited
- Date of Incorporation 24 Oct, 2013
- Jurisdiction Howrah, West Bengal, India
- Annual Revenue₹13.59 Cr
FY 2025 · -13% YoY
- Net Profit₹73.1 Lakh
FY 2025 · 5% margin
- EBITDA₹50.1 Lakh
FY 2025 · 4% margin
- Total Equity Funding$356.5K (USD)
in 1 rounds
- Latest Funding Round$356.5K (USD), Seed
Jul 2019
- InvestorsPareto Capital
& 8 more
- Employee Count83
Associated legal entities of MamaMia!
MamaMia! operates through Mama Mia Foods 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 |
|---|---|---|---|---|---|---|---|
| Mama Mia Foods Private Limited CIN U15122WB2013PTC198081 | Active | 24 Oct 2013 | Howrah, West Bengal | ₹13.6 Cr | 83 | 3 | View details |
Products & Services of MamaMia!
MamaMia! offers a comprehensive portfolio of products and services, including Italian Butterscotch Cake, Blueberry Cheesecake, Gelatos, Biscoff Cake, and Macarons.
A flavored cake available for online purchase and fast delivery.
Cheesecake variant offered in jars for easy gifting and consumption.
Italian-style frozen desserts with various flavors for quick delivery.
Vegetarian cake option suitable for gifting and personal use.
Small pastries available in packs for desserts and hampers.
Funding Insights of MamaMia!
MamaMia! has successfully raised a total of $356.5K through 1 strategic funding round. The most recent funding activity was a Seed round of $356.5 thousand completed in July 2019. 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 $356,503
- Total Rounds 1
- Last Round Seed — $356,503
- First Round $356,503
(Jul 2019)
- Investors Count 9
All 1 funding rounds of MamaMia! 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 |
|---|---|---|---|---|---|
| Jul 2019 | $356,503 | Seed | $1.81M | Pareto, Harendra Singh Tomar |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2019 | $1.81M | •••••••• |
Last known valuation $1.81M (Jul 2019). 9 investors in total: 1 institutional and 8 angel.
Investors in MamaMia!
MamaMia! has secured backing from 9 investors, including institutional and angel investors. Prominent investors backing the company include Pareto Capital, Harendra Singh Tomar and Manish Kumar Jajodia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Financial services are provided by Pareto Capital for businesses. | paretocapital.in | Mumbai, India | ||
HS Harendra Singh Tomar | Angel investor and entrepreneur, focused on tech startups in India. | unknown_a3a8256f3e3d45f88 | ||
MK Manish Kumar Jajodia | unknown_f17aebb4461f4f77a | |||
ST Shikha Toshniwal | Angel investor, co-founder of Tracxn, focused on startups and tech innovation | unknown_8b9836ae5dc64fdcb | ||
AB Amrita Bajaj | unknown_1cf4319fcd4d4fc49 | |||
MS Manish Somani | Angel investor and entrepreneur, focusing on early-stage Indian startups. | unknown_a7e6c76e088b42468 | ||
AC Abhinav Chandak | unknown_8bb61f618f9a44208 | |||
SR Sandeep Rajendra Kumar Jain | unknown_4c003854412c45958 | |||
MD Manju Devi Jain | unknown_91cf5050f48d4ced9 |
Investor details for MamaMia!
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Mama Mia Foods Private Limited (MamaMia!)
Mama Mia Foods Private Limited is the primary company behind MamaMia!. The board of Mama Mia Foods Private Limited currently have 3 directors; the longest-serving is Adhiraj Thirani, appointed in 2013. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Adhiraj Thirani DIN 00653854 | Director | 24 Oct 2013 | 13 yrs | Mama Mia Foods Private Limited |
| Akshat Singhania DIN 06538968 | Director | 24 Oct 2013 | 13 yrs | Mama Mia Foods Private Limited |
| Shikha Toshniwal DIN 08346554 | Nominee Director | 26 Jul 2019 | 7 yrs 3 mo | Mama Mia Foods Private Limited |
People of MamaMia!
4 people are tracked at MamaMia! (4 in leadership); the tracked headcount is 83.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| Co-Founder | Leadership | |
| Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for MamaMia!
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of MamaMia!
Figures of Mama Mia Foods Private Limited, the primary company behind MamaMia!, for FY 2025. Revenue was ₹13.59 Cr (-13% year on year). Net profit was ₹73.1 Lakh (5% margin). EBITDA was ₹50.1 Lakh (4% margin). Revenue has grown at a compounded annual rate of 0% over three years and +18% over five years.
- ₹13.59 CrRevenue · FY 2025 · -13% YoY
- ₹73.1 LakhNet profit · 5% margin
- ₹50.1 LakhEBITDA · 4% margin
- ₹4.98 CrPaid-up capital
- 83Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mama Mia Foods Private Limited are on its company page.
Detailed financial statements for MamaMia!
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of MamaMia!
3 dated milestones of MamaMia! across 14 years, from founding to its latest funding, stage changes and deals.
- Founded MamaMia! is founded.
- Funding First funding round of $357K.
- Milestone Reaches Minicorn status.
Competitors of MamaMia!
MamaMia! has 3 listed competitors in our database, 3 of them funded. They include Hangyo, NIC Ice Creams and Polar Bear.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hangyo.in | 2002 | Mangaluru, India | $30.35M | 663 | Ice cream products are manufactured and branded by Hangyo. | |
| nicicecreams.com | 1984 | Pune, India | $31M | 1,448 | NIC Ice Creams is recognized for crafting premium, artisanal ice creams with real ingredients. | |
| polarbear.co.in | 2008 | Bengaluru, India | $32,336 | 386 | Polar Bear is recognized for offering ice cream sundaes. |
Detailed competitors of MamaMia!
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of MamaMia!
The website of MamaMia! (mamamiaindia.com) receives about 3.7K visits a month.
- Monthly visits3.7K
▲ 69.2% vs previous month
Websites whose visitors overlap most with MamaMia!. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
whipped.in | whipped.in | 100% | #1,364,391 | – | |
poptates.co.in | poptates.co.in | 90% | #1,915,918 | – |
Top companies in Food Service Chains
2 companies that operate in the same segment as MamaMia! (Food Service Chains) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Coffee and related products are served by a restaurant chain. | 1993 | Bengaluru, Karnataka, India | USD 236.07 M | USD 110.67 M | 2,863 | |
Tea and snacks are served by Chaayos in limited-service restaurants. | 2012 | Delhi, Delhi, India | USD 94.23 M | USD 31.69 M | 2,075 |
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Related news about Mamamia!
Complete news archive for MamaMia!
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Frequently Asked Questions about MamaMia!
MamaMia! was founded in 2005 and raised its 1st funding round 14 years after it was founded.
MamaMia! is headquartered in Howrah, India. It is registered at Howrah, West Bengal, India.
MamaMia! is a funded company, having raised a total of $356.5K across 1 funding round to date. The company's 1st funding round was a Seed of $356.5K, raised on Jul 2019.
MamaMia! has 83 employees.
The primary company behind MamaMia!, Mama Mia Foods Private Limited, reported revenue of ₹13.59 Cr for FY 2025, down 13% year on year.
MamaMia! was founded in 2005 in Howrah, India, focusing on the food and beverage sector through ice cream parlour operations. A variety of ice cream products and related refreshments are provided at multiple outlets. The chains activities are managed from its base in India, with key involvement from founders Akshat Singhania, Suresh Kumar Singhania, Adhiraj Thirani, and Sidharth Thirani. Expansion has been centered on domestic locations since inception.
MamaMia!'s top competitors include Hangyo, NIC Ice Creams and Polar Bear.
MamaMia! offers Italian Butterscotch Cake, Blueberry Cheesecake, Gelatos, Biscoff Cake, and Macarons.
MamaMia! has 9 investors. Key investors include Pareto Capital, Harendra Singh Tomar, Manish Kumar Jajodia, Shikha Toshniwal, and Amrita Bajaj.
The valuation of MamaMia! is $1.81M as of Jul 2019.
MamaMia! operates through Mama Mia Foods Private Limited.
The legal entities of MamaMia! currently have 3 directors, including Adhiraj Thirani, Shikha Toshniwal, Akshat Singhania.