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. 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
- Founders Aditi Handa, Sneh Jain
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website mimansaindustries.com
- Social LinkedIn
- Legal Name Mimansa Industries Private Limited
- Date of Incorporation 03 Aug, 2012
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹84.18 Cr
FY 2025 · +86% YoY
- Net Profit₹1.37 Cr
FY 2025 · 2% margin
- EBITDA₹4.10 Cr
FY 2025 · 5% margin
- Total Equity Funding$7.2M (USD)
in 2 rounds
- Latest Funding Round$4M (USD), Series A
Jan 2024
- InvestorsWipro
& 5 more
- Employee Count126
Associated legal entities of Mimansa Industries
Mimansa Industries operates through Mimansa Industries Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mimansa Industries Private Limited CIN U15400GJ2012PTC071417 | Active | 03 Aug 2012 | Ahmedabad, Gujarat | ₹84.2 Cr | 126 | 4 | View details |
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 $7.2M
- Total Rounds 2
- Last Round Series A — $4M
- First Round $3.2M
(Jul 2022)
- Investors Count 6
All 2 funding rounds of Mimansa Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2024 | $4M | Series A | $19.02M | Mirabilis Investment Trust, She Capital | |
| Jul 2022 | $3.2M | Series A | $15.85M | Fireside Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2024 | $19.02M | •••••••• |
| Jul 2022 | $15.85M | •••••••• |
Last known valuation $19.02M (Jan 2024). 6 investors in total: 6 institutional.
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 |
|---|---|---|---|---|
Early-stage consumer brand companies are invested in by Fireside Ventures. | – | firesideventures.com | Bengaluru, India | |
Single family office of K Dinesh, co-founder of Infosys | – | mirabilisinvestment.tcc.mode | Bengaluru, India | |
Venture capital firm investing in female-led startups and building founder communities in India. | 2018 | shecapital.vc | Delhi, India | |
Venture debt funding and structured finance for innovative startups in India. | 2018 | alteriacapital.com | Mumbai, India | |
Wipro is recognized as a consulting-led, AI-powered technology services company. | 1945 | wipro.com | Bengaluru, India | |
Preserved vegetables and culinary products are processed by the company. | 2006 | neofoods.co.in | Bengaluru, India |
Investor details for Mimansa Industries
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Mimansa Industries Private Limited (Mimansa Industries)
Mimansa Industries Private Limited is the primary company behind Mimansa Industries. The board of Mimansa Industries Private Limited currently have 3 directors; the longest-serving is Sneh Pravinkumar Jain, appointed in 2012. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sneh Pravinkumar Jain DIN 05326571 | Managing Director | 03 Aug 2012 | 14 yrs 2 mo | Mimansa Industries Private Limited |
| Aditi Sunilkumar Handa DIN 05326441 | Director | 03 Aug 2012 | 14 yrs 2 mo | Mimansa Industries Private Limited |
| Prayag Mohanty DIN 07308125 | Nominee Director | 21 Feb 2023 | 3 yrs 7 mo | Mimansa Industries Private Limited |
People of Mimansa Industries
2 people are tracked at Mimansa Industries (2 in leadership); the tracked headcount is 126.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Mimansa Industries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Mimansa Industries
Figures of Mimansa Industries Private Limited, the primary company behind Mimansa Industries, for FY 2025. Revenue was ₹84.18 Cr (+86% year on year). Net profit was ₹1.37 Cr (2% margin). EBITDA was ₹4.10 Cr (5% margin). Revenue has grown at a compounded annual rate of +42% over three years and +66% over five years.
- ₹84.18 CrRevenue · FY 2025 · +86% YoY
- ₹1.37 CrNet profit · 2% margin
- ₹4.10 CrEBITDA · 5% margin
- ₹35.63 CrPaid-up capital
- 126Employees (provident fund records)
- +42%Revenue CAGR, 3 years
- +66%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mimansa Industries Private Limited are on its company page.
Detailed financial statements for Mimansa Industries
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Mimansa Industries
4 dated milestones of Mimansa Industries across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Mimansa Industries is founded.
- Funding First funding round of $3.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $4.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cremecastle.in | 2013 | Noida, India | $838,005 | 87 | Creme Castle is recognized as a leading custom cake bakery in Delhi NCR. | |
| hirasweets.com | 1912 | Delhi, India | – | 1,252 | Provides Indian sweets, restaurant services, bakery items, and gift hampers in Delhi. | |
| brownbearbakers.com | 2015 | Hyderabad, India | – | 204 | Chain of bakery cafe offering cakes and pastries | |
| merwans.co.in | 1930 | Mumbai, India | $982,375 | 81 | Chain of bakery cafes offering cakes and pastries | |
| churrolto.com | 2016 | Hyderabad, India | – | 292 | Offers online retail of churros, cakes, European desserts, and Italian cuisine. | |
| suchalisartisanbakehouse.com | 2018 | Gurugram, India | – | 224 | Sells artisanal sourdough breads, croissants, and baked goods online in India. | |
| ovenfresh.co | 2008 | Bengaluru, India | $4.76M | 1 | Cakes for birthdays and events are delivered by Ovenfresh. |
Detailed competitors of Mimansa Industries
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Mimansa Industries
10 companies that operate in the same segment as Mimansa Industries (Food Service Chains), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Brand of craft beer and brewery chain operator | 2007 | Ellon, Aberdeenshire, United Kingdom | USD 440.93 M | – | – | |
Chain of limited service restaurant serving coffee | 2017 | Jakarta, Jakarta, Indonesia | USD 233 M | – | – | |
Salads and meal bowls are offered by restaurant chains. | 2006 | Los Angeles, California, United States | USD 479.07 M | USD 679.47 M | 6,410 | |
Doughnuts and coffee are provided by the international chain. | 1937 | Winston-salem, North Carolina, United States | USD 114.68 M | USD 1.52 B | 21,000 | |
A chain of restaurants provides meals and catering services. | 2009 | Colorado City, Colorado, United States | USD 11.45 M | – | 526 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Coffee and related products are served by a restaurant chain. | 1993 | Bengaluru, Karnataka, India | USD 236.07 M | USD 110.67 M | 2,863 | |
Mediterranean fast-casual dining is provided by CAVA restaurants. | 2010 | Washington, District Of Columbia, United States | USD 680.15 M | USD 1.18 B | 10,690 | |
A chain of coffee houses is operated in Indonesia. | 2018 | Jakarta, Jakarta, Indonesia | USD 40 M | USD 89.74 M | 3,180 | |
Tea and snacks are served by Chaayos in limited-service restaurants. | 2012 | Delhi, Delhi, India | USD 94.18 M | USD 31.69 M | 2,075 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 2022.
Mimansa Industries has 126 employees.
The primary company behind Mimansa Industries, Mimansa Industries Private Limited, reported revenue of ₹84.18 Cr for FY 2025, up 86% year on year.
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.
Mimansa Industries operates through Mimansa Industries Private Limited.
The legal entities of Mimansa Industries currently have 4 directors, including Sneh Pravinkumar Jain, Aditi Sunilkumar Handa, Prayag Mohanty and others.