About Primo Foods
Primo Foods is a company based in Gurugram (India) founded in 2013 by Josh Fayman, David Joshua Grajzman, and Bharat Singh.. Primo Foods has raised $3.02 million across 4 funding rounds from investors including Fayman International, Malvinder Singh and Moin Akhtar Qureshi. The company has 49 employees as of March 29, 2024. Primo Foods operates in a competitive market with competitors including Chatha Foods, Sneha Group, Swiss Naturen, Chevon AgroTech and PORNA CHICKEN, among others.
- Headquarter Gurugram, India
- Employees 49 as on 29 Mar, 2024
- Founders Josh Fayman, David Joshua Grajzman, Bharat Singh
- 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 Primo Foods Private Limited
- Date of Incorporation 18 Jan, 2013
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$3.14 M (USD)19.19as on Mar 31, 2023
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Net Profit
$96.58 K (USD)155.88as on Mar 31, 2023
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EBITDA
$123.68 K (USD)216.23as on Mar 31, 2023
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Total Equity Funding
$3.02 M (USD)
in 4 rounds
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Latest Funding Round
$800.78 K (USD), Seed
Jan 24, 2019
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Investors
Fayman International
& 2 more
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Employee Count
49
as on Mar 29, 2024
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Funding Insights of Primo Foods
Primo Foods has successfully raised a total of $3.02M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $800.78 thousand completed in January 2019. 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 Total Funding
- Total Rounds 4
- Last Round Seed — $800,782
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First Round
First Round
(02 Aug 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Seed - Primo Foods | Valuation | Fayman International |
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| Apr, 2015 | Amount | Seed - Primo Foods | Valuation | Fayman International | |
| Mar, 2014 | Amount | Seed - Primo Foods | Valuation | Fayman International |
| 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 |
Investors in Primo Foods
Primo Foods has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Fayman International, Malvinder Singh and Moin Akhtar Qureshi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Agriculture products are supplied and distributed worldwide.
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Founded Year | Domain | Location | |
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MS
Malvinder Singh |
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Founded Year | Domain | Location |
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MA
Moin Akhtar Qureshi |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Primo Foods
| 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 - Primo Foods
| 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 |
Primo Foods Comparisons
Competitors of Primo Foods
Primo Foods 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 Chatha Foods, Sneha Group, Swiss Naturen, Chevon AgroTech and PORNA CHICKEN, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Frozen food processor serving quick service and casual dining restaurants.
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| domain | founded_year | HQ Location |
Poultry farming, feed production, processing, and retail of fresh chicken and fish.
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| domain | founded_year | HQ Location |
Serves as a brand specializing in high-quality meat sausages.
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| domain | founded_year | HQ Location |
Red meat and its products are produced and marketed.
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| domain | founded_year | HQ Location |
Manufactures poultry feeds and sells processed chicken products across Indian states.
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| domain | founded_year | HQ Location |
Produces fresh chicken, eggs, and snacks with focus on nutrition and quality control.
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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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Frequently Asked Questions about Primo Foods
When was Primo Foods founded?
Primo Foods was founded in 2013.
Where is Primo Foods located?
Primo Foods is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is Primo Foods a funded company?
Primo Foods is a funded company, having raised a total of $3.02M across 4 funding rounds to date. The company's 1st funding round was a Seed of $801.83K, raised on Aug 02, 2013.
How many employees does Primo Foods have?
As of Mar 29, 2024, the latest employee count at Primo Foods is 49.
What is the annual revenue of Primo Foods?
Annual revenue of Primo Foods is $3.14M as on Mar 31, 2023.
What does Primo Foods do?
Primo Foods was founded in 2013 and is based in Gurugram, India. A range of meat products, such as chicken piri piri, bacon, sausages, ham, and frozen meats, is manufactured by the company within the food processing sector. The factory is located near Gurgaon, where production operations are conducted. Brands including La Carne Cuts and Howdyji are managed as part of the companys portfolio.
Who are the top competitors of Primo Foods?
Primo Foods's top competitors include Chatha Foods, Chevon AgroTech and Swiss Naturen.
Who are Primo Foods's investors?
Primo Foods has 3 investors. Key investors include Fayman International, Malvinder Singh, and Moin Akhtar Qureshi.
What is Primo Foods's valuation?
The valuation of Primo Foods is $2.69M as of Jan 2019.