About Mimansa Industries
Mimansa Industries is a company based in Ahmedabad (India) founded in 2012 by Aditi Handa and Sneh Jain. Mimansa Industries has raised $7.2 million across 2 funding rounds from investors including Wipro, Alteria Capital and She Capital. The company has 126 employees as of February 11, 2025. Mimansa Industries operates in a competitive market with competitors including Creme Castle, Hira Sweets, Brown Bear Bakers, Merwans Confectioners and Churrolto, among others.
- Headquarter Ahmedabad, India
- Employees 126 as on 11 Feb, 2025
- Founders Aditi Handa, Sneh Jain
- 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 Mimansa Industries Private Limited
- Date of Incorporation 03 Aug, 2012
- Jurisdiction Ahmedabad, Gujarat, India
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Annual Revenue
$5.3 M (USD)8.37as on Mar 31, 2024
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Net Profit
-$1.8 M (USD)7.72as on Mar 31, 2024
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EBITDA
-$1.49 M (USD)12.88as on Mar 31, 2024
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Total Equity Funding
$7.2 M (USD)
in 2 rounds
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Latest Funding Round
$4 M (USD), Series A
Jan 05, 2024
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Investors
Wipro
& 5 more
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Employee Count
126
as on Feb 11, 2025
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Funding Insights of Mimansa Industries
Mimansa Industries has successfully raised a total of $7.2M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in January 2024. 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 2
- Last Round Series A — $4.0M
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First Round
First Round
(04 Jul 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - Mimansa Industries | Valuation | Mirabilis Investment Trust , She Capital | |
| Jul, 2022 | Amount | Series A - Mimansa Industries | Valuation | Fireside Ventures |
Investors in Mimansa Industries
Mimansa Industries has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Wipro, Alteria Capital and She Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage consumer brand companies are invested in by Fireside Ventures.
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Founded Year | Domain | Location | |
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Single family office of K Dinesh, co-founder of Infosys
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Founded Year | Domain | Location | |
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Venture capital firm investing in female-led startups and building founder communities in India.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mimansa Industries
Financial Statements - Mimansa Industries
Mimansa Industries Comparisons
Competitors of Mimansa Industries
Mimansa Industries 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, Hira Sweets, Brown Bear Bakers, Merwans Confectioners and Churrolto, among others.
| 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 |
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 |
Chain of bakery cafes 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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Latest news on Mimansa Industries
Frequently Asked Questions about Mimansa Industries
Mimansa Industries was founded in 2012 and raised its 1st funding round 10 years after it was founded.
Mimansa Industries is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Mimansa Industries is a funded company, having raised a total of $7.2M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.2M, raised on Jul 04, 2022.
As of Feb 11, 2025, the latest employee count at Mimansa Industries is 126.
Annual revenue of Mimansa Industries is $5.3M as on Mar 31, 2024.
Mimansa Industries was founded in 2012 in Ahmedabad, India, by co-founders Aditi Handa and Sneh Jain. A chain of bakery cafes is operated within the food and beverage sector. Freshly baked items, including baguettes, croissants, sourdough bread, ciabatta, focaccia, cakes, and pastries, are provided to customers. Operations focus on daily production and retail distribution in the local region.
Mimansa Industries's top competitors include Creme Castle, Merwans Confectioners and Ovenfresh.
Mimansa Industries has 6 investors. Key investors include Wipro, Alteria Capital, She Capital, Neo Foods, and Fireside Ventures.
The valuation of Mimansa Industries is $19.02M as of Jan 2024.