About PureCircle
PureCircle is a company based in Kuala Lumpur (Malaysia) founded in 2001 was acquired by Ingredion in April 2020. It operates as a Direct-to-Consumer (D2C), and B2B2C. PureCircle offers products and services including Stevia Sweeteners, Stevia Flavor Modifiers, and Category Solutions.
- Headquarter Kuala Lumpur, Malaysia
- Stage Public
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Purecircle By Ingredion
- Date of Incorporation 26 Aug, 2016
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$942.96 K (USD)59.75as on Mar 31, 2023
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Net Profit
$323.75 K (USD)153.49as on Mar 31, 2023
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EBITDA
$330.84 K (USD)95.63as on Mar 31, 2023
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Latest Funding Round
$31.26 M (USD), Post-IPO
Aug 09, 2012
- Investors
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Employee Count
Employee Count
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Acquired by
Ingredion
(Apr 09, 2020)
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Products & Services of PureCircle
PureCircle offers a comprehensive portfolio of products and services, including Stevia Sweeteners, Stevia Flavor Modifiers, and Category Solutions. 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.
Stevia sweeteners are developed for sugar reduction solutions.
Flavor modifiers are crafted to enhance taste profiles.
Solutions are tailored for specific food product categories.
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Software Development Team
200 people
Leadership Team
102 people
Sales and Marketing
55 people
Senior Team
51 people
Human Resources and Administration
49 people
Finance and Accounting
43 people
Sr. Team
32 people
Operations Team
24 people
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Funding Insights of PureCircle
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $31.3M
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First Round
First Round
(18 Nov 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2012 | Amount | Post-IPO - PureCircle | Valuation |
investors |
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| Nov, 2009 | Amount | Post-IPO - PureCircle | Valuation |
investors |
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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 PureCircle
PureCircle has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ingredion. 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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Ingredients are supplied to food, beverage, brewing, and pharmaceutical 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 PureCircle
| 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 - PureCircle
| 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 |
Purecircle Comparisons
Competitors of PureCircle
| 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 Purecircle
Frequently Asked Questions about PureCircle
When was PureCircle founded?
PureCircle was founded in 2001 and raised its 1st funding round 8 years after it was founded.
Where is PureCircle located?
PureCircle is headquartered in Kuala Lumpur, Malaysia.
What is the annual revenue of PureCircle?
Annual revenue of PureCircle is $942.96K as on Mar 31, 2023.
What does PureCircle do?
PureCircle by Ingredion is established as a pioneer in stevia-based solutions for the global food and beverage industry. The company is focused on cultivating proprietary stevia varietals through sustainable practices under the Starleaf program. Comprehensive portfolios of stevia sweeteners, flavor modifiers, and category-specific solutions are offered to achieve deep sugar reduction. Operations are geared towards enhancing taste while minimizing environmental impact. Partnerships with farmers and innovation in ingredient functionality are prioritized to support health-conscious consumer products across various sectors.
What products or services does PureCircle offer?
PureCircle offers Stevia Sweeteners, Stevia Flavor Modifiers, and Category Solutions.
Who are PureCircle's investors?
PureCircle has 1 investor. Key investors include Ingredion.
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