About MamaMia!
MamaMia! is a company based in Howrah (India) founded in 2005 by Akshat Singhania, Suresh Kumar Singhania, Adhiraj Thirani, and Sidharth Thirani.. 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 as of April 04, 2024. MamaMia! offers products and services including Italian Butterscotch Cake, Blueberry Cheesecake, Gelatos, Biscoff Cake, and Macarons. MamaMia! operates in a competitive market with competitors including Hangyo, NIC Ice Creams, Polar Bear, Cafe Chokolade and Apsara Ice Creams, among others.
- Headquarter Howrah, India
- Employees 83 as on 04 Apr, 2024
- Founders Akshat Singhania, Suresh Kumar Singhania, Adhiraj Thirani, Sidharth Thirani
- 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 Mama Mia Foods Private Limited
- Date of Incorporation 24 Oct, 2013
- Jurisdiction Howrah, West Bengal, India
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Annual Revenue
$1.62 M (USD)91.77as on Mar 31, 2022
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Net Profit
$83.55 K (USD)190.61as on Mar 31, 2022
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EBITDA
$226.16 K (USD)923.93as on Mar 31, 2022
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Total Equity Funding
$356.5 K (USD)
in 1 rounds
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Latest Funding Round
$356.5 K (USD), Seed
Jul 26, 2019
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Investors
Pareto Capital
& 8 more
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Employee Count
83
as on Apr 04, 2024
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Products & Services of MamaMia!
MamaMia! offers a comprehensive portfolio of products and services, including Italian Butterscotch Cake, Blueberry Cheesecake, Gelatos, Biscoff Cake, and Macarons. 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.
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 Total Funding
- Total Rounds 1
- Last Round Seed — $356,503
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First Round
First Round
(26 Jul 2019)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Seed - MamaMia! | Valuation | Pareto , Harendra Singh Tomar |
| 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 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. 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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Financial services are provided by Pareto Capital for businesses.
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Founded Year | Domain | Location | |
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HS
Harendra Singh Tomar |
Angel investor and entrepreneur, focused on tech startups in India.
|
Founded Year | Domain | Location |
|
MK
Manish Kumar Jajodia |
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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
|
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 MamaMia!
| 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 - MamaMia!
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mamamia! Comparisons
Competitors of MamaMia!
MamaMia! 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 Hangyo, NIC Ice Creams, Polar Bear, Cafe Chokolade and Apsara Ice Creams, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ice cream products are manufactured and branded by Hangyo.
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| domain | founded_year | HQ Location |
NIC Ice Creams is recognized for crafting premium, artisanal ice creams with real ingredients.
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| domain | founded_year | HQ Location |
Polar Bear is recognized for offering ice cream sundaes.
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| domain | founded_year | HQ Location |
Operates a chain of restaurants focused on ice creams and beverages.
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| domain | founded_year | HQ Location |
Handcrafted premium ice creams with real fruits, nuts, and no preservatives.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 Mamamia!
Frequently Asked Questions about MamaMia!
When was MamaMia! founded?
MamaMia! was founded in 2005 and raised its 1st funding round 14 years after it was founded.
Where is MamaMia! located?
MamaMia! is headquartered in Howrah, India. It is registered at Howrah, West Bengal, India.
Is MamaMia! a funded company?
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 26, 2019.
How many employees does MamaMia! have?
As of Apr 04, 2024, the latest employee count at MamaMia! is 83.
What is the annual revenue of MamaMia!?
Annual revenue of MamaMia! is $1.62M as on Mar 31, 2022.
What does MamaMia! do?
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.
Who are the top competitors of MamaMia!?
MamaMia!'s top competitors include Hangyo, NIC Ice Creams and Cafe Chokolade.
What products or services does MamaMia! offer?
MamaMia! offers Italian Butterscotch Cake, Blueberry Cheesecake, Gelatos, Biscoff Cake, and Macarons.
Who are MamaMia!'s investors?
MamaMia! has 9 investors. Key investors include Pareto Capital, Harendra Singh Tomar, Manish Kumar Jajodia, Shikha Toshniwal, and Amrita Bajaj.
What is MamaMia!'s valuation?
The valuation of MamaMia! is $1.81M as of Jul 2019.