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
Not available
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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.
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
People of Priniti Foods
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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.
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.
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Private equity firm focused on multiple sectors
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Private equity firm focused on multiple sectors
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Private equity fund focused on multiple sectors
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Investor details for Priniti Foods
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Investments & Acquisitions by Priniti Foods
Investment portfolio details for Priniti Foods
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Financial Statements - Priniti Foods
Detailed financials for Priniti Foods
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Priniti Foods Comparisons
Peer comparison for Priniti Foods
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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.
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Brand of extruded snacks
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Snack products are manufactured and marketed under the Mumum brand.
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Extruded snacks are manufactured and branded by Postcard.
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Potato-based ready-to-eat Indian snacks are produced and sold by Frylo.
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Operates a social networking platform designed for families.
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Detailed competitors of Priniti Foods
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Latest news on Priniti Foods
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Frequently Asked Questions about Priniti Foods
Priniti Foods was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Priniti Foods is headquartered in Sonipat, India. It is registered at Sonipat, Haryana, India.
Rajesh Kumar Garg is the current CEO of Priniti Foods. They have also founded this company.
Priniti Foods is a funded company, having raised a total of $472.92K across 3 funding rounds to date.
As of Jun 29, 2024, the latest employee count at Priniti Foods is 161.
Annual revenue of Priniti Foods is $10.29M as on Mar 31, 2023.
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.
Priniti Foods offers Potato Chips, Aloo Bhujia, Popcorn, Bikaneri Bhujia, and Gulab Jamun.
Priniti Foods has 9 investors. Key investors include India SME Investments, Salona Garg, Rameshwar Garg, Kavita Bansal, and Usha Rani.
The valuation of Priniti Foods is $12.5M as of Nov 2020.