About Paras Spices
Paras Spices is a company based in Moga (India) founded in 1982 by Kishan Lal Budhiraja. Paras Spices has raised $1.46 million across 1 funding round from investors including Reshamtradersandinvestors, Sumit Singla and Sukhwarsha Rani. The company has 885 employees as of April 08, 2024. Paras Spices offers products and services including Spices, Herbs, Dehydrated Vegetables, Dehydrated Fruits, and Chicory. Paras Spices operates in a competitive market with competitors including Pushp, Keya Foods, Food Service, Eastern Condiments and Zoff Foods, among others.
- Headquarter Moga, India
- Employees 885 as on 08 Apr, 2024
- Founders Kishan Lal Budhiraja
- 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 Paras Spices Private Limited
- Date of Incorporation 03 Jun, 1994
- Jurisdiction Moga, Punjab, India
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Annual Revenue
$32.51 M (USD)11.57as on Mar 31, 2022
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Net Profit
$1.21 M (USD)-0.75as on Mar 31, 2022
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EBITDA
$2.7 M (USD)-2.34as on Mar 31, 2022
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Total Equity Funding
$1.46 M (USD)
in 1 rounds
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Latest Funding Round
$1.46 M (USD), Unspecified
May 31, 2011
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Investors
Reshamtradersandinvestors
& 4 more
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Employee Count
885
as on Apr 08, 2024
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Products & Services of Paras Spices
Paras Spices offers a comprehensive portfolio of products and services, including Spices, Herbs, Dehydrated Vegetables, Dehydrated Fruits, and Chicory.
Processed spices meeting global standards for food companies.
High-quality herbs for culinary and industrial applications.
Dried vegetables with low microbial load for various uses.
Preserved fruits as specialty ingredients for food production.
Chicory products for flavoring in food and beverage sectors.
People of Paras Spices
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Funding Insights of Paras Spices
Paras Spices has successfully raised a total of $1.46M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $1.46 million completed in May 2011. 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.
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.
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Sumit Singla |
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Sukhwarsha Rani |
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Investor details for Paras Spices
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Investments & Acquisitions by Paras Spices
Investment portfolio details for Paras Spices
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Financial Statements - Paras Spices
Detailed financials for Paras Spices
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Paras Spices Comparisons
Peer comparison for Paras Spices
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Competitors of Paras Spices
Paras Spices 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 Pushp, Keya Foods, Food Service, Eastern Condiments and Zoff Foods, among others.
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Brand of spices & seasonings
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Multi-category food products are offered via an internet-first brand.
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Customized food solutions are provided for the HORECA sector.
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Spices, condiments, pickles, and beverages are manufactured and distributed.
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Multi-category spices and seasonings are sold online.
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Blended, ground, and whole spices are manufactured for culinary applications.
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Detailed competitors of Paras Spices
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Latest news on Paras Spices
Complete news archive for Paras Spices
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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 is a funded company, having raised a total of $1.46M across 1 funding round to date.
As of Apr 08, 2024, the latest employee count at Paras Spices is 885.
Annual revenue of Paras Spices is $32.51M as on Mar 31, 2022.
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 Zoff Foods, Pushp and CurryIt.
Paras Spices offers Spices, Herbs, Dehydrated Vegetables, Dehydrated Fruits, and Chicory.
Paras Spices has 5 investors. Key investors include Reshamtradersandinvestors, Sumit Singla, Sukhwarsha Rani, unknown, and Balbir Singh.
The valuation of Paras Spices is $12.85M as of May 2011.