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. 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
- Founders Vinod Lalwani, Preetam Bhawandas Lalwani
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website prayagh.com
- Social X Facebook
- Annual Revenue$69.41 K (USD)-100as on Mar 31, 2024
- Net Profit-$7.27 M (USD)-625as on Mar 31, 2024
- EBITDA-$7.18 M (USD)-272as on Mar 31, 2024
- Total Equity Funding$463.49K (USD)
in 1 rounds
- Latest Funding Round$463.49K (USD), Unspecified
Oct 2011
- InvestorsFranklin Leasing and Finance
& 6 more
- Employee Count863
Associated legal entities of Prayagh
Prayagh is associated with 3 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fitride Labs Llp CIN AAU-7648 | Converted To Cmp And Dissolved | 20 Nov 2020 | Hyderabad, Telangana | – | – | 2 | View details |
| Prayagh Consumer Care Private Limited CIN U10739TS2023PTC171253 | Active | 20 Mar 2023 | Hyderabad, Telangana | ₹896 Cr | 924 | 4 | View details |
| Prayagh Nutri Products Private Limited CIN U24129TG1999PTC033183 | Active | 30 Dec 1999 | Hyderabad, Telangana | ₹5.5 Cr | 625 | 3 | View details |
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.
- Total Funding $463,489
- Total Rounds 1
- Last Round Unspecified — $463,489
- First Round $463,489
(Oct 2011)
- Investors Count 7
All 1 funding rounds of Prayagh with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2011 | $463,489 | Unspecified | $4.2M | Madhur Buildcon |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2011 | $4.2M | •••••••• |
Last known valuation $4.2M (Oct 2011). 7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | madhurbuildcon.tcc.mode | - | |
- | – | castlerealcon.tcc.mode | - | |
- | – | daisydistributors.tcc.mode | - | |
- | – | maheshwarifinancial.tcc.mode | - | |
- | – | mypaapparels.tcc.mode | - | |
Commercial loans and securities trading are provided to small businesses. | 1992 | franklinleasing.in | Delhi, India | |
Provides software product development, mobile apps, and web solutions for clients. | – | bristoninfo.com | Delhi, India |
Investor details for Prayagh
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 Prayagh
The boards of the 3 registered companies of Prayagh currently have 4 directors; the longest-serving is Vinod Preetamdas Lalwani, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinod Preetamdas Lalwani DIN 01512972 | Designated Partner | 20 Nov 2020 | 5 yrs 10 mo | Fitride Labs Llp, Prayagh Consumer Care Private Limited, Prayagh Nutri Products Private Limited |
| Aman Vinod Lalwani DIN 08184577 | Designated Partner | 20 Nov 2020 | 5 yrs 10 mo | Fitride Labs Llp, Prayagh Consumer Care Private Limited |
| Preetam Bhawandas Lalwani DIN 00207537 | Director | 20 Mar 2023 | 3 yrs 6 mo | Prayagh Consumer Care Private Limited, Prayagh Nutri Products Private Limited |
| Prem Kumar Mohandas Lalwani DIN 09327872 | Director | 30 Mar 2024 | 2 yrs 6 mo | Prayagh Consumer Care Private Limited, Prayagh Nutri Products Private Limited |
People of Prayagh
2 people are tracked at Prayagh (2 in leadership); the tracked headcount is 863.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & Managing Director | Leadership |
Complete people profiles for Prayagh
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Prayagh
Figures of Prayagh Consumer Care Private Limited, the primary company behind Prayagh, for FY 2025. Revenue was ₹896 Cr (+7% year on year). Net profit was ₹8.33 Cr (1% margin). EBITDA was ₹43.05 Cr (5% margin).
- ₹896 CrRevenue · FY 2025 · +7% YoY
- ₹8.33 CrNet profit · 1% margin
- ₹43.05 CrEBITDA · 5% margin
- ₹1.00 CrPaid-up capital
- 924Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Prayagh Consumer Care Private Limited are on its company page.
Detailed financial statements for Prayagh
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
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Timeline of Prayagh
3 dated milestones of Prayagh across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Prayagh is founded.
- Funding First funding round of $463K.
- Milestone Reaches Minicorn status.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cadbury.co.uk | 1824 | Bournville, United Kingdom | – | 250 | Confectionery products are manufactured and distributed globally by Cadbury. | |
| manamchocolate.com | 2021 | Hyderabad, India | – | 1,005 | Produces Indian craft chocolate through farming, making, and online sales. | |
| lotteindia.com | 2004 | Chennai, India | – | 596 | Manufactures and sells confectionery items like chocolates, gums, and toffees. | |
| morde.com | 1983 | Mumbai, India | – | 655 | Produces premium chocolate and cocoa for B2B clients worldwide. | |
| ruchoks.com | 2009 | Delhi, India | – | 36 | Specializes in comprehensive solutions for handmade chocolate products. |
Detailed competitors of Prayagh
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 Prayagh
The website of Prayagh (prayagh.com) receives about 11.3K visits a month.
- Monthly visits11.3K
▼ 10.8% vs previous month
Latest news on Prayagh
Complete news archive for Prayagh
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Prayagh
10 companies that operate in the same segment as Prayagh (Food Processing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Internet first brand offering refrigerated pet food | 2006 | Secaucus, New Jersey, United States | USD 54 M | USD 1.1 B | 1,300 | |
Biosolutions and enzymes are developed for biotechnology applications across industries. | 2000 | Bags Sword, Denmark | – | – | – | |
Coffee, tea, and extract beverage solutions are provided globally. | 2009 | North Little Rock, Arkansas, United States | USD 17 M | USD 1.19 B | 1,410 | |
Bioproducts are manufactured via tissue engineering and fermentation technologies. | 1919 | Amsterdam, Netherlands | USD 125 M | USD 1.49 B | 2,400 | |
Fruits and vegetables processing services are provided by Sahyadri Farms. | 2011 | Nashik, Maharashtra, India | USD 84.86 M | USD 115.08 M | 2,299 | |
Brand of beverage products | 1995 | Gurugram, Haryana, India | USD 133 M | USD 2.33 B | 12,570 | |
Platform offering cooked-meal delivery service for dogs | 2016 | London, England, United Kingdom | USD 477.37 M | USD 48.04 M | – | |
Multi-category food products are produced and distributed globally. | 1866 | Minneapolis, Minnesota, United States | – | USD 18.42 B | 33,000 | |
Subscription-based pet food is delivered via an online platform. | 2016 | Blairgowrie And Rattray, Perth And Kinross, United Kingdom | USD 18.6 M | – | – | |
Wild Earth is recognized for providing vegan pet food. | 2017 | Berkeley, California, United States | USD 43 M | – | 8 |
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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. The company's 1st funding round was a Unspecified of $463.49K, raised on Oct 2011.
Prayagh has 863 employees.
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.
Prayagh is associated with 3 legal entities: Fitride Labs Llp, Prayagh Consumer Care Private Limited, Prayagh Nutri Products Private Limited.
The legal entities of Prayagh currently have 4 directors, including Vinod Preetamdas Lalwani, Aman Vinod Lalwani, Preetam Bhawandas Lalwani and others.