About Parle
Parle is a company based in Mumbai (India) founded in 1929. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 411 employees as of September 11, 2024. Parle offers products and services including Parle-G, Hide & Seek, Mexitos, Happy Happy Cakes, and Kaccha Mango Bite. Parle operates in a competitive market with competitors including General Mills, Danone, Kraft Heinz Company, Unilever and NotCo, among others.
- Headquarter Mumbai, India
- Employees 411 as on 11 Sep, 2024
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Parle Products Pvt. Ltd.
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.07 B (USD)4.44as on Mar 31, 2023
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Net Profit
$108.9 M (USD)253.91as on Mar 31, 2023
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EBITDA
$150.13 M (USD)345.39as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
411
as on Sep 11, 2024
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Products & Services of Parle
Parle offers a comprehensive portfolio of products and services, including Parle-G, Hide & Seek, Mexitos, Happy Happy Cakes, and Kaccha Mango Bite. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Glucose biscuits are produced for energy and nutrition.
Chocolate chip cookies are made for sweet indulgence.
Crunchy nachos are offered in various bold flavors.
Moist cakes are baked in multiple delightful flavors.
Tangy mango candies are crafted for refreshing taste.
Funding Insights of Parle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Parle
| 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 - Parle
| 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 |
Parle Comparisons
Competitors of Parle
Parle 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 General Mills, Danone, Kraft Heinz Company, Unilever and NotCo, 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 |
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| domain | founded_year | HQ Location |
Multi-category food products are produced and distributed globally.
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| domain | founded_year | HQ Location |
Health-focused dairy and plant-based food products are offered.
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| domain | founded_year | HQ Location |
Processed foods and beverages are manufactured globally.
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| domain | founded_year | HQ Location |
A global consumer goods business with diverse product offerings.
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| domain | founded_year | HQ Location |
AI-powered technology is developed for food product innovation and development.
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| domain | founded_year | HQ Location |
Vertically integrated company in manufacturing and supply of value-added meat and food products
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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 Parle
Frequently Asked Questions about Parle
When was Parle founded?
Parle was founded in 1929.
Where is Parle located?
Parle is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Parle?
Abhishek Napit is the current CEO of Parle.
How many employees does Parle have?
As of Sep 11, 2024, the latest employee count at Parle is 411.
What is the annual revenue of Parle?
Annual revenue of Parle is $2.07B as on Mar 31, 2023.
What does Parle do?
Parle Products Pvt. Ltd. is recognized as Indias leading manufacturer of biscuits and confectionery. A wide range of products including biscuits, snacks, cakes, rusks, and confectionery items are produced and distributed. Operations span across domestic and international markets, with a legacy of over 90 years in the food industry. Various sectors such as packaged foods and premium offerings are covered through brands like Parle-G, Hide Seek, and Mexitos. Innovative and high-quality solutions are provided to meet diverse consumer needs globally.
Who are the top competitors of Parle?
Parle's top competitors include Kraft Heinz Company, General Mills and NotCo.
What products or services does Parle offer?
Parle offers Parle-G, Hide & Seek, Mexitos, Happy Happy Cakes, and Kaccha Mango Bite.