About Manna Foods
Manna Foods is a company based in Chennai (India) founded in 2012 by Nazar Isak was acquired by Reliance Consumer Products in February 2026. 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
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- 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
& 25 more
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Employee Count
500
as on May 31, 2025
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Acquired by
Reliance Consumer Products
(Feb 10, 2026)
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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.
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.
People of Manna Foods
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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.
Investors in Manna Foods
Manna Foods has secured backing from 26 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Morgan Stanley, Fulcrum PE and Fulcrum Equity Partners.
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Private equity investments are managed across the United States.
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Venture capital investments are directed toward consumer goods sector.
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Potato farming, grain marketing, and equipment services are conducted in Maine.
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Investor details for Manna Foods
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Investments & Acquisitions by Manna Foods
Investment portfolio details for Manna Foods
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Financial Statements - Manna Foods
Detailed financials for Manna Foods
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Manna Foods Comparisons
Peer comparison for Manna Foods
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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.
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Manufacturer of breakfast cereal products
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Online brand offering multi category organic millet based products
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Nutrition-focused flours, snacks, cereals, and beverages are retailed.
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Online retailer selling millets, flours, snacks, and health products in India.
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Certified organic farm produce is facilitated with farmer training support.
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Detailed competitors of Manna Foods
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Latest news on Manna Foods
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Frequently Asked Questions about Manna Foods
Manna Foods was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Manna Foods is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Murugan S is the current CEO of Manna Foods.
Manna Foods is a funded company, having raised a total of $33.72M across 4 funding rounds to date.
As of May 31, 2025, the latest employee count at Manna Foods is 500.
Annual revenue of Manna Foods is $15.42M as on Mar 31, 2024.
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.
Manna Foods's top competitors include Soulfull, Tru Millets and Naario.
Manna Foods offers Manna Health Mix, Multigrain Instant Cereal, and iStrong - Women's Health Drink.
Manna Foods has 26 investors. Key investors include Morgan Stanley, Fulcrum PE, Fulcrum Equity Partners, Nhpea Summer Holdings B V, and Healkraft Pharma India.
The valuation of Manna Foods is $25.66M as of Mar 2022.