About Prayagh
Prayagh is a company based in Hyderabad (India) founded in 1999 by Vinod Lalwani and Preetam Bhawandas Lalwani. Prayagh has raised $463.49 thousand across 1 funding round from investors including Franklin Leasing and Finance, Madhur Buildcon and Castle Realcon. The company has 863 employees as of February 29, 2024. Prayagh operates in a competitive market with competitors including Cadbury, Manam Chocolate, Lotte India, Morde Foods and Ruchoks, among others.
- Headquarter Hyderabad, India
- Employees 863 as on 29 Feb, 2024
- Founders Vinod Lalwani, Preetam Bhawandas Lalwani
- 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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Annual Revenue
$69.41 K (USD)-100as on Mar 31, 2024
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Net Profit
-$7.27 M (USD)-625as on Mar 31, 2024
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EBITDA
-$7.18 M (USD)-272as on Mar 31, 2024
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Total Equity Funding
$463.49 K (USD)
in 1 rounds
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Latest Funding Round
$463.49 K (USD), Unspecified
Oct 08, 2011
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Investors
Franklin Leasing and Finance
& 6 more
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Employee Count
863
as on Feb 29, 2024
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Funding Insights of Prayagh
Prayagh has successfully raised a total of $463.49K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $463.49 thousand completed in October 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 Prayagh
Prayagh has secured backing from 7 investors, including institutional investors. Prominent investors backing the company include Franklin Leasing and Finance, Madhur Buildcon and Castle Realcon.
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Investor details for Prayagh
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Investments & Acquisitions by Prayagh
Investment portfolio details for Prayagh
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Financial Statements - Prayagh
Detailed financials for Prayagh
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Prayagh Comparisons
Peer comparison for Prayagh
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Prayagh
Prayagh 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 Cadbury, Manam Chocolate, Lotte India, Morde Foods and Ruchoks, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Confectionery products are manufactured and distributed globally by Cadbury.
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Produces Indian craft chocolate through farming, making, and online sales.
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Manufactures and sells confectionery items like chocolates, gums, and toffees.
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Produces premium chocolate and cocoa for B2B clients worldwide.
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Specializes in comprehensive solutions for handmade chocolate products.
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Detailed competitors of Prayagh
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Latest news on Prayagh
Complete news archive for Prayagh
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Frequently Asked Questions about Prayagh
Prayagh was founded in 1999 and raised its 1st funding round 12 years after it was founded.
Prayagh is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Prayagh is a funded company, having raised a total of $463.49K across 1 funding round to date.
As of Feb 29, 2024, the latest employee count at Prayagh is 863.
Annual revenue of Prayagh is $69.41K as on Mar 31, 2024.
Founded in 1999 in Hyderabad, India, Prayagh is focused on confectionery production. Hard-boiled sugar items including candies, toffees, eclairs, chocolates, wafers, and jellies are manufactured, along with center-filled sweets and milk-based lacto bonbons. Operations have expanded to include soft, center-filled cakes in various flavors. A contract manufacturing agreement with a major food company covers a substantial share of the confectionery output.
Prayagh's top competitors include Cadbury, Lotte India and Ruchoks.
Prayagh has 7 investors. Key investors include Franklin Leasing and Finance, Madhur Buildcon, Castle Realcon, Daisy Distributors, and Maheshwari Financial.
The valuation of Prayagh is $4.2M as of Oct 2011.