About Merwans Confectioners
Merwans Confectioners is a company based in Mumbai (India) founded in 1930.. Merwans Confectioners has raised $982.38 thousand across 1 funding round from investors including Garnet construction, GFL Financials India and RFL International Ltd. The company has 83 employees as of April 09, 2024. Merwans Confectioners offers products and services including Belgium Chocolates, Blueberry Cheese Cake, Cashew Butter Biscuits, and Premium Pastries. Merwans Confectioners operates in a competitive market with competitors including Creme Castle, Mimansa Industries, Hira Sweets, Brown Bear Bakers and Churrolto, among others.
- Headquarter Mumbai, India
- Employees 83 as on 09 Apr, 2024
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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 Merwans Confectioners Private Limited
- Date of Incorporation 15 Apr, 2010
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$9.25 M (USD)16.63as on Mar 31, 2023
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Net Profit
$84.99 K (USD)-32.61as on Mar 31, 2023
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EBITDA
$454.19 K (USD)-4.56as on Mar 31, 2023
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Total Equity Funding
$982.38 K (USD)
in 1 rounds
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Latest Funding Round
$982.38 K (USD), Unspecified
Nov 11, 2011
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Investors
Garnet construction
& 4 more
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Employee Count
83
as on Apr 09, 2024
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Products & Services of Merwans Confectioners
Merwans Confectioners offers a comprehensive portfolio of products and services, including Belgium Chocolates, Blueberry Cheese Cake, Cashew Butter Biscuits, and Premium Pastries. 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.
Exotic flavored chocolates for premium dessert experiences.
Rich cheesecake with blueberry compote for crowd-pleasing treats.
Crunchy biscuits with cashew nuts baked to perfection.
Assorted pastries for everyday and special occasion enjoyment.
Funding Insights of Merwans Confectioners
Merwans Confectioners has successfully raised a total of $982.38K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $982.38 thousand completed in November 2011. 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 Unspecified — $982,375
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First Round
First Round
(11 Nov 2011)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2011 | Amount | Unspecified - Merwans Confectioners | Valuation | GFL Financials India |
| 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 Merwans Confectioners
Merwans Confectioners has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Garnet construction, GFL Financials India and RFL International Ltd. 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 consultancy, share broking, and derivatives trading services are offered.
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Founded Year | Domain | Location | |
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Provider of real estate development services
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Founded Year | Domain | Location | |
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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 Merwans Confectioners
| 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 - Merwans Confectioners
| 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 |
Merwans Confectioners Comparisons
Competitors of Merwans Confectioners
Merwans Confectioners 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 Creme Castle, Mimansa Industries, Hira Sweets, Brown Bear Bakers and Churrolto, 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 |
Creme Castle is recognized as a leading custom cake bakery in Delhi NCR.
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| domain | founded_year | HQ Location |
Chain of bakery cafe offering cakes and pastries
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| domain | founded_year | HQ Location |
Provides Indian sweets, restaurant services, bakery items, and gift hampers in Delhi.
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| domain | founded_year | HQ Location |
Chain of bakery cafe offering cakes and pastries
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| domain | founded_year | HQ Location |
Offers online retail of churros, cakes, European desserts, and Italian cuisine.
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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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Frequently Asked Questions about Merwans Confectioners
When was Merwans Confectioners founded?
Merwans Confectioners was founded in 1930 and raised its 1st funding round 81 years after it was founded.
Where is Merwans Confectioners located?
Merwans Confectioners is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Merwans Confectioners a funded company?
Merwans Confectioners is a funded company, having raised a total of $982.38K across 1 funding round to date. The company's 1st funding round was a Unspecified of $982.38K, raised on Nov 11, 2011.
How many employees does Merwans Confectioners have?
As of Apr 09, 2024, the latest employee count at Merwans Confectioners is 83.
What is the annual revenue of Merwans Confectioners?
Annual revenue of Merwans Confectioners is $9.25M as on Mar 31, 2023.
What does Merwans Confectioners do?
Merwans Confectioners was founded in 1930 in Mumbai, India. Operations are centered in the confectionery sector, with a chain of bakery cafes maintained across the region. Cakes and pastries are produced and served as primary products. The business focuses on retail distribution through these outlets, serving local customers in the Indian market. Domain presence is established at merwans.co.in for online engagement.
Who are the top competitors of Merwans Confectioners?
Merwans Confectioners's top competitors include Mimansa Industries, Creme Castle and Ovenfresh.
What products or services does Merwans Confectioners offer?
Merwans Confectioners offers Belgium Chocolates, Blueberry Cheese Cake, Cashew Butter Biscuits, and Premium Pastries.
Who are Merwans Confectioners's investors?
Merwans Confectioners has 5 investors. Key investors include Garnet construction, GFL Financials India, RFL International Ltd, Alpha Graphic India, and Hetu Investment and Trading.
What is Merwans Confectioners's valuation?
The valuation of Merwans Confectioners is $417.65K as of Nov 2011.
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