About Modern Foods
Modern Foods is a company based in Gurugram (India) founded in 1965 was acquired by Grupo Bimbo in December 2020. The company has 255 employees as of April 06, 2024. Modern Foods has completed 1 acquisition, including CookieMan. Modern Foods operates in a competitive market with competitors including Mondelez International, Unibic, Cremica, Haldiram Foods International and Kishlay Foods, among others.
- Headquarter Gurugram, India
- Employees 255 as on 06 Apr, 2024
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Sectors
Consumer
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Phone
Locked
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Website
Locked
- Legal Name Modern Food Enterprises Private Limited
- Date of Incorporation 29 Dec, 2014
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$53.61 M (USD)13.61as on Mar 31, 2023
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Net Profit
$3.58 M (USD)120.43as on Mar 31, 2023
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EBITDA
$5.86 M (USD)76.1as on Mar 31, 2023
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Latest Funding Round
Not available
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Investors
Everstone Capital
& 1 more
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Employee Count
255
as on Apr 06, 2024
- Investments & Acquisitions
- Acquired by
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People of Modern Foods
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Funding Insights of Modern Foods
Detailed funding history for Modern Foods
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Investors in Modern Foods
Modern Foods has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Everstone Capital and Grupo Bimbo.
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Private equity investments in mid-market businesses linked to India and Southeast Asia.
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Multi-category bakery snacks are manufactured and branded worldwide.
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Investor details for Modern Foods
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Investments & Acquisitions by Modern Foods
Modern Foods has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CookieMan.
Investment portfolio details for Modern Foods
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cookies and baked goods are manufactured and marketed in India.
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Complete acquisition details for Modern Foods
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Financial Statements - Modern Foods
Detailed financials for Modern Foods
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Modern Foods Comparisons
Peer comparison for Modern Foods
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Competitors of Modern Foods
Modern 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 Mondelez International, Unibic, Cremica, Haldiram Foods International and Kishlay Foods, among others.
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Multi-category convenience foods are produced and distributed globally.
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Multi-category snacks are manufactured and distributed by Unibic brand.
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Snacks, biscuits, breads, and related products are manufactured.
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Offers traditional Indian sweets, namkeen, dry fruits, and beverages for online purchase and delivery.
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Multi-category snack products are offered via an internet-first brand.
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Integrated convergence solutions are provided in the Indian market.
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Detailed competitors of Modern Foods
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Latest news on Modern Foods
Complete news archive for Modern Foods
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Frequently Asked Questions about Modern Foods
Modern Foods was founded in 1965.
Modern Foods is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Rafael Pamias is the current CEO of Modern Foods.
As of Apr 06, 2024, the latest employee count at Modern Foods is 255.
Annual revenue of Modern Foods is $53.61M as on Mar 31, 2023.
Modern Foods was founded in 1965 and operates in the food sector, focusing on baked bread and bakery items. The company was acquired by Hindustan Unilever in 2000, under which its business was managed using the Modern brand. In 2016, Everstone Capital took over from HUL. Based in Gurugram, India, it reported revenue of INR 250 crore in 2015.
Modern Foods's top competitors include Cremica, Mondelez International and Unibic.
Modern Foods has made 1 acquisition, including CookieMan.
Modern Foods has 2 investors. Key investors include Everstone Capital, and Grupo Bimbo.