About Pushp
Pushp is a company based in Indore (India) founded in 1974 by Mahendra Surana and Surendra Surana.. Pushp has raised $16.78 million across 2 funding rounds from investors including Sixth Sense Ventures, A91 Partners and Nikhil Khandelwal. The company has 1,040 employees as of April 04, 2024. Pushp offers products and services including Kashmiri Mirch Powder, Quick Fry Dal Tadka Masala, Poha Masala (Jeeravan), Shahi Hing, and Punjabi Garam Masala. Pushp operates in a competitive market with competitors including Keya Foods, Food Service, Eastern Condiments, CurryIt and Badshah Masala, among others.
- Headquarter Indore, India
- Employees 1040 as on 04 Apr, 2024
- Founders Mahendra Surana, Surendra Surana
- 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 Pushp Brand (India) Pvt. Ltd.
- Date of Incorporation 21 May, 2020
- Jurisdiction Indore, Madhya Pradesh, India
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Annual Revenue
$41.13 M (USD)23.12as on Mar 31, 2023
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Net Profit
$1.19 M (USD)-38.69as on Mar 31, 2023
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EBITDA
$1.47 M (USD)-38.43as on Mar 31, 2023
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Total Equity Funding
$16.78 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Sixth Sense Ventures
& 18 more
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Employee Count
1040
as on Apr 04, 2024
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Products & Services of Pushp
Pushp offers a comprehensive portfolio of products and services, including Kashmiri Mirch Powder, Quick Fry Dal Tadka Masala, Poha Masala (Jeeravan), Shahi Hing, and Punjabi Garam Masala. 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.
Adds rich color and gentle spice to dishes for tandoori recipes.
Enhances dal with flavorful tadka for quick, tasty meals.
Seasoning mix for poha that improves digestion and adds unique flavor.
Provides aroma and depth to dishes while aiding gut health.
Adds warmth to curries and supports digestion with antioxidants.
Boosts pickle flavors and offers digestive benefits through natural spices.
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Funding Insights of Pushp
Pushp has successfully raised a total of $16.78M across 2 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 2
- Last Round Last Round
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First Round
First Round
(16 Jun 2020)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series B - Pushp | Valuation | Sixth Sense Ventures |
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| Jun, 2020 | Amount | Series B - Pushp | Valuation | A91 Partners |
| 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 Pushp
Pushp has secured backing from 19 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Sixth Sense Ventures, A91 Partners and Nikhil Khandelwal. 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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Venture capital fund investing in consumer-focused startups in India.
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Founded Year | Domain | Location | |
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Investment partnerships and support for founders in software, financial services, and consumer sectors.
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Founded Year | Domain | Location | |
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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 Pushp
| 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 - Pushp
| 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 |
Pushp Comparisons
Competitors of Pushp
Pushp 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 Keya Foods, Food Service, Eastern Condiments, CurryIt and Badshah Masala, 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 |
Multi-category food products are offered via an internet-first brand.
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| domain | founded_year | HQ Location |
Customized food solutions are provided for the HORECA sector.
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| domain | founded_year | HQ Location |
Spices, condiments, pickles, and beverages are manufactured and distributed.
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| domain | founded_year | HQ Location |
Internet first brand offering spices and other food products
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| domain | founded_year | HQ Location |
Blended, ground, and whole spices are manufactured for culinary applications.
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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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Latest news on Pushp
Frequently Asked Questions about Pushp
When was Pushp founded?
Pushp was founded in 1974 and raised its 1st funding round 46 years after it was founded.
Where is Pushp located?
Pushp is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
Is Pushp a funded company?
Pushp is a funded company, having raised a total of $16.78M across 2 funding rounds to date. The company's 1st funding round was a Series B of $16.78M, raised on Jun 16, 2020.
How many employees does Pushp have?
As of Apr 04, 2024, the latest employee count at Pushp is 1,040.
What is the annual revenue of Pushp?
Annual revenue of Pushp is $41.13M as on Mar 31, 2023.
What does Pushp do?
Pushp was founded in 1974 in Indore, India, within the food processing sector. Operations center on producing and distributing spices and seasonings. Items such as blended spices, pure spices, hing, horeca products, CTC spices, western spices, and soya chunks are manufactured. Ready-to-cook quick fry mixes, tea and drink masalas, and western-style seasonings are also supplied to meet diverse market needs.
Who are the top competitors of Pushp?
Pushp's top competitors include CurryIt, Food Service and Eastern Condiments.
What products or services does Pushp offer?
Pushp offers Kashmiri Mirch Powder, Quick Fry Dal Tadka Masala, Poha Masala (Jeeravan), Shahi Hing, and 2 more products and services.
Who are Pushp's investors?
Pushp has 19 investors. Key investors include Sixth Sense Ventures, A91 Partners, Nikhil Khandelwal, Deepesh Shah, and Mangu Bai Jain.
What is Pushp's valuation?
The valuation of Pushp is $60.49M as of Jun 2020.
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