Paras Spices

Moga, India Founded: 1982 • Age: 44 yrs Minicorn
Spices processing company offering a diverse range of spices and dehydrated vegetables, with a focus on sustainability, and backward integration to ensure consistent supply of raw materials

About Paras Spices

Paras Spices is a Consumer company based in Moga (India) founded in 1982 by Kishan‌ Lal‌ Budhiraja‌. Spices processing company offering a diverse range of spices and dehydrated vegetables, with a focus on sustainability, and backward integration to ensure consistent supply of raw materials. The company has 885 employees. Paras Spices was last valued at $12.85 million in May 2011. Its website parasspices.com draws about 17 thousand monthly visits. Its Indian entity Paras Spices Private Limited reported revenue of ₹292 Cr. Paras Spices offers products and services including Spices, Herbs, Dehydrated Vegetables, Dehydrated Fruits, and Chicory. Its focus areas include Food and Agriculture, Food & Beverage Products, Grocery & Staples and Spices & Seasonings. Its competitors include Pushp, Keya Foods and Food Service; 3 of its 3 listed competitors have raised funding.

Company details

Paras Spices was founded in 1982 in Moga, India, within the food processing sector. Operations focus on producing a range of spices and dehydrated vegetables through advanced units. Sustainable agricultural methods are employed, alongside backward integration for raw material sourcing. Quality consistency, product traceability, and operational cost-effectiveness are maintained throughout the supply chain.

  • Headquarters Moga, India
  • Employees 885
  • Founders Kishan‌ Lal‌ Budhiraja‌
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website parasspices.com
  • Social LinkedIn
  • Legal Name Paras Spices Private Limited
  • Date of Incorporation 03 Jun, 1994
  • Jurisdiction Moga, Punjab, India
Key Metrics
  • Annual Revenue
    ₹292 Cr

    FY 2025 · +17% YoY

  • Net Profit
    ₹7.27 Cr

    FY 2025 · 2% margin

  • EBITDA
    ₹26.70 Cr

    FY 2025 · 9% margin

  • Latest Funding Round
    $1.46M (USD), Unspecified

    May 2011

  • Investors
  • Employee Count
    885

Products & Services of Paras Spices

Paras Spices offers a comprehensive portfolio of products and services, including Spices, Herbs, Dehydrated Vegetables, Dehydrated Fruits, and Chicory.

Spices
Food Ingredients

Processed spices meeting global standards for food companies.

Herbs
Food Ingredients

High-quality herbs for culinary and industrial applications.

Dehydrated Vegetables
Food Ingredients

Dried vegetables with low microbial load for various uses.

Dehydrated Fruits
Food Ingredients

Preserved fruits as specialty ingredients for food production.

Chicory
Specialty Ingredients

Chicory products for flavoring in food and beverage sectors.

Funding Insights of Paras Spices

  • Total Rounds 1
  • Last Round Unspecified — $1.46M
  • First Round $1.46M

    (May 2011)

  • Investors Count 5

All 1 funding rounds of Paras Spices with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2011$1.46MUnspecified$12.85MReshamtradersandinvestors
Valuation history
DateValuationStage
May 2011$12.85M••••••••

Last known valuation $12.85M (May 2011). 5 investors in total: 2 institutional and 3 angel.

Investors in Paras Spices

Paras Spices has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Reshamtradersandinvestors, Sumit Singla and Sukhwarsha Rani.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
reshamtradersandinvestors.tcc.mode

Sumit Singla

unknown_783c9898c3a341c2b

Sukhwarsha Rani

unknown_d111c754c90e49ad8

Balbir Singh

Angel investor and entrepreneur, focused on tech startups in India.
unknown_ff2370922b5c40ba8
prasidhfincap.com
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Investor details for Paras Spices

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 Paras Spices Private Limited (Paras Spices)

Paras Spices Private Limited is the primary company behind Paras Spices. The boards of the 2 registered companies of Paras Spices currently have 4 directors; the longest-serving is Paras Budhiraja, appointed in 2011.

DirectorDesignationAppointedTenureEntity
Paras Budhiraja
DIN 03428033
Director15 Apr 201115 yrs 6 moParas Nutritions Private Limited, Paras Spices Private Limited
Raj Budhiraja
DIN 01153252
Director15 Apr 201115 yrs 6 moParas Nutritions Private Limited, Paras Spices Private Limited
Vinay Kumar
DIN 01009936
Director01 Apr 201511 yrs 6 moParas Nutritions Private Limited, Paras Spices Private Limited
Akshita Budhiraja
DIN 07813360
Director06 May 20179 yrs 5 moParas Nutritions Private Limited, Paras Spices Private Limited

People of Paras Spices

10 people are tracked at Paras Spices (6 in leadership, 4 in team); the tracked headcount is 885.

NameRoleGroup
DirectorLeadership
Kishan‌ Lal‌ Budhiraja‌
Co-FounderLeadership
Vinay Kumar Budhiraja
Owner & Managing DirectorLeadership
Subhash Rana
PresidentLeadership
Anilkumar Kannan
Vice PresidentLeadership
Rakesh Dadhwal
Deputy General Manager | Digital Transformation LeaderLeadership
Sunny Bedi
Senior Executive Information TechnologyTeam
Arshia Gill
Research And Development ExecutiveTeam
Sudershan Kumar
Area Sales ManagerTeam
Sunny Maurya
Assistant Manager - Key Account -b2b SalesTeam
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Complete people profiles for Paras Spices

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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  • Team structure
  • Board tenure
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Financials of Paras Spices

Figures of Paras Spices Private Limited, the primary company behind Paras Spices, for FY 2025. Revenue was ₹292 Cr (+17% year on year). Net profit was ₹7.27 Cr (2% margin). EBITDA was ₹26.70 Cr (9% margin). Revenue has grown at a compounded annual rate of +3% over three years and +5% over five years.

  • ₹292 CrRevenue · FY 2025 · +17% YoY
  • ₹7.27 CrNet profit · 2% margin
  • ₹26.70 CrEBITDA · 9% margin
  • ₹4.87 CrPaid-up capital
  • 885Employees (provident fund records)
  • +3%Revenue CAGR, 3 years
  • +5%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Paras Spices Private Limited are on its company page.

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Detailed financial statements for Paras Spices

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 Paras Spices

3 dated milestones of Paras Spices across 29 years, from founding to its latest funding, stage changes and deals.

  1. Founded Paras Spices is founded.
  2. Funding First funding round of $1.5M.
  3. Milestone Reaches Minicorn status.

Competitors of Paras Spices

Paras Spices has 3 listed competitors in our database, 3 of them funded. They include Pushp, Keya Foods and Food Service.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
pushpmasale.com1974Indore, India$16.78M1,096
Brand of spices & seasonings
keyafoods.com2009Mumbai, India$209,091280
Multi-category food products are offered via an internet-first brand.
foodserviceindia.com2012Mumbai, India$6.37M298
Customized food solutions are provided for the HORECA sector.
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Detailed competitors of Paras Spices

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.

Web traffic of Paras Spices

The website of Paras Spices (parasspices.com) receives about 16.8K visits a month.

  • Monthly visits
    16.8K

    ▲ 869.3% vs previous month

Similar websites

Websites whose visitors overlap most with Paras Spices. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
maamis.com
100%
#11,260,118View details
360degreeexport.com
360degreeexport.com
97%
–
indikagroup.com
96%
#10,473,169View details
jayspices.in
jayspices.in
95%
–
bellavita.com
87%
10.5K#2,225,899View details

Top companies in Food & Beverage Products & Processing

3 companies that operate in the same segment as Paras Spices (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform offering a subscription-based delivery service for fresh milk and groceries
2015Gurugram, Haryana, IndiaUSD 228.42 MUSD 99.78 M3,464
Subscription-based coffee products are offered by an internet-first brand.
2013Gurugram, Haryana, IndiaUSD 112.84 MUSD 25.83 M2,059
Meat and seafood products are delivered via an online platform.
2015Bengaluru, Karnataka, IndiaUSD 564.84 MUSD 97.26 M2,828
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Frequently Asked Questions about Paras Spices

Paras Spices was founded in 1982 and raised its 1st funding round 29 years after it was founded.

Paras Spices is headquartered in Moga, India. It is registered at Moga, Punjab, India.

Paras Spices has 885 employees.

The primary company behind Paras Spices, Paras Spices Private Limited, reported revenue of ₹292 Cr for FY 2025, up 17% year on year.

Paras Spices was founded in 1982 in Moga, India, within the food processing sector. Operations focus on producing a range of spices and dehydrated vegetables through advanced units. Sustainable agricultural methods are employed, alongside backward integration for raw material sourcing. Quality consistency, product traceability, and operational cost-effectiveness are maintained throughout the supply chain.

Paras Spices's top competitors include Pushp, Food Service and Keya Foods.

Paras Spices offers Spices, Herbs, Dehydrated Vegetables, Dehydrated Fruits, and Chicory.

Paras Spices has 5 investors. Key investors include Reshamtradersandinvestors, Sumit Singla, Sukhwarsha Rani, prasidhfincap.com, and Balbir Singh.

The valuation of Paras Spices is $12.85M as of May 2011.

Paras Spices is associated with 2 legal entities: Paras Spices Private Limited, Paras Nutritions Private Limited.

The legal entities of Paras Spices currently have 4 directors, including Paras Budhiraja, Vinay Kumar, Raj Budhiraja and others.

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