About Manna Foods
Manna Foods is a company based in Chennai (India) founded in 2012 by Nazar Isak. It operates as a Direct-to-Consumer (D2C). Manna Foods has raised $33.72 million across 4 funding rounds from investors including Morgan Stanley, Fulcrum PE and Fulcrum Equity Partners. The company has 500 employees as of May 31, 2025. Manna Foods offers products and services including Manna Health Mix, Multigrain Instant Cereal, and iStrong - Women's Health Drink. Manna Foods operates in a competitive market with competitors including Soulfull, Tru Millets, Naario, Desinutri Foods and Gudmom, among others.
- Headquarter Chennai, India
- Employees 500 as on 31 May, 2025
- Founders Nazar Isak
- 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 Southern Health Foods Private Limited
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Annual Revenue
$15.42 M (USD)0as on Mar 31, 2024
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Net Profit
$-2.63 M (USD)29as on Mar 31, 2024
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EBITDA
$-2.33 M (USD)33as on Mar 31, 2024
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Total Equity Funding
$33.72 M (USD)
in 4 rounds
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Latest Funding Round
$4.57 M (USD), Series B
Mar 08, 2022
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Investors
Morgan Stanley
& 24 more
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Employee Count
500
as on May 31, 2025
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Products & Services of Manna Foods
Manna Foods offers a comprehensive portfolio of products and services, including Manna Health Mix, Multigrain Instant Cereal, and iStrong - Women's Health Drink. 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 millet-based health mix is offered for nutrition.
Multigrain cereal is provided for quick, healthy breakfasts.
A health drink is formulated for women's wellness.
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Funding Insights of Manna Foods
Manna Foods has successfully raised a total of $33.72M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $4.57 million completed in March 2022. 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 4
- Last Round Series B — $4.6M
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First Round
First Round
(13 May 2015)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series B - Manna Foods | Valuation | Nhpea Summer Holdings B V | |
| Jan, 2018 | Amount | Series B - Manna Foods | Valuation | Morgan Stanley |
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| Nov, 2016 | Amount | Series A - Manna Foods | Valuation | MAPE , Fulcrum PE |
| 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 Manna Foods
Manna Foods has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Morgan Stanley, Fulcrum PE and Fulcrum Equity Partners. 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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Private equity investments are managed across the United States.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward consumer goods sector.
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Founded Year | Domain | Location | |
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Potato farming, grain marketing, and equipment services are conducted in Maine.
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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 Manna Foods
| 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 - Manna Foods
| 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 |
Manna Foods Comparisons
Competitors of Manna Foods
Manna Foods 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 Soulfull, Tru Millets, Naario, Desinutri Foods and Gudmom, 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 |
Manufacturer of breakfast cereal products
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| domain | founded_year | HQ Location |
Online brand offering multi category organic millet based products
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| domain | founded_year | HQ Location |
Nutrition-focused flours, snacks, cereals, and beverages are retailed.
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| domain | founded_year | HQ Location |
Online retailer selling millets, flours, snacks, and health products in India.
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| domain | founded_year | HQ Location |
Certified organic farm produce is facilitated with farmer training support.
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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 Manna Foods
Frequently Asked Questions about Manna Foods
When was Manna Foods founded?
Manna Foods was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is Manna Foods located?
Manna Foods is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of Manna Foods?
Murugan S is the current CEO of Manna Foods.
Is Manna Foods a funded company?
Manna Foods is a funded company, having raised a total of $33.72M across 4 funding rounds to date. The company's 1st funding round was a Series A of $546.25K, raised on May 13, 2015.
How many employees does Manna Foods have?
As of May 31, 2025, the latest employee count at Manna Foods is 500.
What is the annual revenue of Manna Foods?
Annual revenue of Manna Foods is $15.42M as on Mar 31, 2024.
What does Manna Foods do?
Manna Foods is focused on the production and distribution of natural millet-based health foods. The company operates within the health food sector, offering a range of products such as health mixes, multigrain cereals, and specialized drinks for women and children. Solutions are provided through an online platform with delivery services across India and the USA.
Who are the top competitors of Manna Foods?
Manna Foods's top competitors include Soulfull, Tru Millets and Naario.
What products or services does Manna Foods offer?
Manna Foods offers Manna Health Mix, Multigrain Instant Cereal, and iStrong - Women's Health Drink.
Who are Manna Foods's investors?
Manna Foods has 25 investors. Key investors include Morgan Stanley, Fulcrum PE, Fulcrum Equity Partners, Nhpea Summer Holdings B V, and Healkraft Pharma India.
What is Manna Foods's valuation?
The valuation of Manna Foods is $25.66M as of Mar 2022.