About Priniti Foods
Priniti Foods is a company based in Sonipat (India) founded in 2009 by Rajesh Kumar Garg.. Priniti Foods has raised $472.92 thousand across 3 funding rounds from investors including India SME Investments, Salona Garg and Rameshwar Garg. The company has 161 employees as of June 29, 2024. Priniti Foods offers products and services including Potato Chips, Aloo Bhujia, Popcorn, Bikaneri Bhujia, and Gulab Jamun. Priniti Foods operates in a competitive market with competitors including natch, The Mumum, Postcard, Frylo and Kindaba, among others.
- Headquarter Sonipat, India
- Employees 161 as on 29 Jun, 2024
- Founders Rajesh Kumar Garg
- 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 Priniti Foods Private Limited
- Date of Incorporation 20 May, 2009
- Jurisdiction Sonepat, Haryana, India
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Annual Revenue
$10.29 M (USD)19.29as on Mar 31, 2023
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Net Profit
$-220.93 K (USD)-64.71as on Mar 31, 2023
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EBITDA
$554.54 K (USD)-15.57as on Mar 31, 2023
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Total Equity Funding
$472.92 K (USD)
in 3 rounds
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Latest Funding Round
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Investors
India SME Investments
& 8 more
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Employee Count
161
as on Jun 29, 2024
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Products & Services of Priniti Foods
Priniti Foods offers a comprehensive portfolio of products and services, including Potato Chips, Aloo Bhujia, Popcorn, Bikaneri Bhujia, and Gulab Jamun. 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.
Crispy fried potato slices in various flavors for everyday consumption
Spicy potato-based traditional Indian snack mix
Lightly salted or flavored popped corn kernels
Fried gram flour snack with spices
Sweet milk-based balls in syrup
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Funding Insights of Priniti Foods
Priniti Foods has successfully raised a total of $472.92K across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(28 Feb 2012)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Seed - Priniti Foods | Valuation | India SME Investments |
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| Jun, 2014 | Amount | Angel Round - Priniti Foods | Valuation | Salona Garg , Rameshwar Garg | |
| Feb, 2012 | Amount | Seed - Priniti Foods | Valuation | Star Infovision , Reliable Finance |
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| 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 Priniti Foods
Priniti Foods has secured backing from 9 investors, including angel and venture fund investors. Prominent investors backing the company include India SME Investments, Salona Garg and Rameshwar Garg. 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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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Private equity fund focused on multiple sectors
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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 Priniti 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 - Priniti 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 |
Priniti Foods Comparisons
Competitors of Priniti Foods
Priniti 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 natch, The Mumum, Postcard, Frylo and Kindaba, 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 |
Brand of extruded snacks
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| domain | founded_year | HQ Location |
Snack products are manufactured and marketed under the Mumum brand.
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| domain | founded_year | HQ Location |
Extruded snacks are manufactured and branded by Postcard.
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| domain | founded_year | HQ Location |
Potato-based ready-to-eat Indian snacks are produced and sold by Frylo.
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| domain | founded_year | HQ Location |
Operates a social networking platform designed for families.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Priniti Foods
Frequently Asked Questions about Priniti Foods
When was Priniti Foods founded?
Priniti Foods was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is Priniti Foods located?
Priniti Foods is headquartered in Sonipat, India. It is registered at Sonipat, Haryana, India.
Who is the current CEO of Priniti Foods?
Rajesh Kumar Garg is the current CEO of Priniti Foods. They have also founded this company.
Is Priniti Foods a funded company?
Priniti Foods is a funded company, having raised a total of $472.92K across 3 funding rounds to date. The company's 1st funding round was a Seed of $100.83K, raised on Feb 28, 2012.
How many employees does Priniti Foods have?
As of Jun 29, 2024, the latest employee count at Priniti Foods is 161.
What is the annual revenue of Priniti Foods?
Annual revenue of Priniti Foods is $10.29M as on Mar 31, 2023.
What does Priniti Foods do?
Priniti Foods was established in 2009 in Sonipat, India, within the snack food sector. A variety of extruded namkeen products is manufactured, encompassing potato chips in flavors such as salted, cream and onion, masala, and tomato, along with sticks, puffs, rings, popcorn, fryums, instant noodles, rusk, sweets, and traditional namkeen. Operations focus on domestic distribution through the prinitifoods.com domain.
Who are the top competitors of Priniti Foods?
What products or services does Priniti Foods offer?
Priniti Foods offers Potato Chips, Aloo Bhujia, Popcorn, Bikaneri Bhujia, and Gulab Jamun.
Who are Priniti Foods's investors?
Priniti Foods has 9 investors. Key investors include India SME Investments, Salona Garg, Rameshwar Garg, Kavita Bansal, and Usha Rani.
What is Priniti Foods's valuation?
The valuation of Priniti Foods is $12.5M as of Nov 2020.