About Mukunda Foods
Mukunda Foods is a company based in Bengaluru (India) founded in 2012 by Sudarshan Lodha, Sudeep Sabat, and Eshwar K Vikas.. Mukunda Foods has raised $8.11 million across 9 funding rounds from investors including Zomato, Pinnacle Industries and Anicut Capital. The company has 137 employees as of April 05, 2024. Mukunda Foods operates in a competitive market with competitors including Hyphen, Vebu, Aniai, TechMagic and Botinkit, among others.
- Headquarter Bengaluru, India
- Employees 137 as on 05 Apr, 2024
- Founders Sudarshan Lodha, Sudeep Sabat, Eshwar K Vikas
- Stage Minicorn
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Sectors
ConsumerIndustrial Goods & Manufacturing
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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 Mukunda Foods Private Limited
- Date of Incorporation 14 May, 2012
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.43 M (USD)64.39as on Mar 31, 2023
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Net Profit
$-1.7 M (USD)-81.05as on Mar 31, 2023
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EBITDA
$-1.7 M (USD)-92.14as on Mar 31, 2023
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Total Equity Funding
$8.11 M (USD)
in 9 rounds
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Latest Funding Round
$5.34 M (USD), Series A
Mar 15, 2022
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Investors
Zomato
& 44 more
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Employee Count
137
as on Apr 05, 2024
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Funding Insights of Mukunda Foods
Mukunda Foods has successfully raised a total of $8.11M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $5.34 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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series A — $5.3M
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First Round
First Round
(12 Sep 2013)
- Investors Count 45
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - Mukunda Foods | Valuation | Zomato | |
| Aug, 2021 | Amount | Series A - Mukunda Foods | Valuation |
investors |
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| Jun, 2020 | Amount | Series A - Mukunda Foods | Valuation | Navodyam |
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| 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 Mukunda Foods
Mukunda Foods has secured backing from 45 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Zomato, Pinnacle Industries and Anicut Capital. 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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Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India.
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Founded Year | Domain | Location | |
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Venture capital and business support services for entrepreneurs in finance and technology sectors.
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Founded Year | Domain | Location | |
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Multiple-stage venture capital investments are managed by Haystack.
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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 Mukunda Foods
| 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 - Mukunda Foods
| 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 |
Mukunda Foods Comparisons
Competitors of Mukunda Foods
Mukunda 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 Hyphen, Vebu, Aniai, TechMagic and Botinkit, 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 |
Automated kitchen operations are enabled through AI and sensors.
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| domain | founded_year | HQ Location |
Robotic food automation solutions are developed and constructed.
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| domain | founded_year | HQ Location |
Food service robotics are developed for restaurant operations.
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| domain | founded_year | HQ Location |
AI-based food cooking robots are developed for automation.
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| domain | founded_year | HQ Location |
AI-driven digital kitchen solutions are provided for global businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Mukunda Foods
Frequently Asked Questions about Mukunda Foods
When was Mukunda Foods founded?
Mukunda Foods was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Mukunda Foods located?
Mukunda Foods is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Mukunda Foods?
Eshwar K Vikas is the current CEO of Mukunda Foods. They have also founded this company.
Is Mukunda Foods a funded company?
Mukunda Foods is a funded company, having raised a total of $8.11M across 9 funding rounds to date. The company's 1st funding round was a Series A of $989.54K, raised on Sep 12, 2013.
How many employees does Mukunda Foods have?
As of Apr 05, 2024, the latest employee count at Mukunda Foods is 137.
What is the annual revenue of Mukunda Foods?
Annual revenue of Mukunda Foods is $1.43M as on Mar 31, 2023.
What does Mukunda Foods do?
Mukunda Foods was founded in 2012 in Bengaluru, India, as an online platform in the food technology sector. Robotic systems for automating kitchen processes are supplied, targeting efficiency in food preparation for businesses. Operations focus on integration of automation to support consistency and reduced labor in commercial settings, with services extending to productivity enhancements across the region.
Who are the top competitors of Mukunda Foods?
Who are Mukunda Foods's investors?
Mukunda Foods has 45 investors. Key investors include Zomato, Pinnacle Industries, Anicut Capital, Amity University, and Ncubate Capital Partners.
What is Mukunda Foods's valuation?
The valuation of Mukunda Foods is $29.79M as of Mar 2022.