About Rasoi Magic Foods
Rasoi Magic Foods is a company based in Pune (India) founded in 2007 was acquired by MTR Foods in April 2011.. The company has 33 employees as of April 04, 2024. Rasoi Magic Foods offers products and services including Magical Menu and Magic Maker. Rasoi Magic Foods operates in a competitive market with competitors including Pushp, Food Service, Keya Foods, Eastern Condiments and Badshah Masala, among others.
- Headquarter Pune, India
- Employees 33 as on 04 Apr, 2024
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Sectors
Consumer
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Phone
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Website
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- Legal Name Rasoi Magic Foods (India) Private Limited
- Date of Incorporation 07 Sep, 2007
- Jurisdiction Bangalore, Karnataka, India
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Products & Services of Rasoi Magic Foods
Rasoi Magic Foods offers a comprehensive portfolio of products and services, including Magical Menu and Magic Maker. 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.
Collection of 39 tasty dishes for simple home preparation
Tool for enhancing home cooking experiences
Funding Insights of Rasoi Magic Foods
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Rasoi Magic Foods
Rasoi Magic Foods has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MTR Foods. 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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Authentic Indian food products are offered by MTR Foods.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Rasoi Magic 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 - Rasoi Magic 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 |
Rasoi Magic Foods Comparisons
Competitors of Rasoi Magic Foods
Rasoi Magic 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 Pushp, Food Service, Keya Foods, Eastern Condiments 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 |
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| domain | founded_year | HQ Location |
Brand of spices & seasonings
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Customized food solutions are provided for the HORECA sector.
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Multi-category food products are offered via an internet-first brand.
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Spices, condiments, pickles, and beverages are manufactured and distributed.
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Blended, ground, and whole spices are manufactured for culinary applications.
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Spices producer and brand
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rasoi Magic Foods
Frequently Asked Questions about Rasoi Magic Foods
When was Rasoi Magic Foods founded?
Rasoi Magic Foods was founded in 2007.
Where is Rasoi Magic Foods located?
Rasoi Magic Foods is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Rasoi Magic Foods?
Girish Khatpe is the current CEO of Rasoi Magic Foods.
How many employees does Rasoi Magic Foods have?
As of Apr 04, 2024, the latest employee count at Rasoi Magic Foods is 33.
What is the annual revenue of Rasoi Magic Foods?
Annual revenue of Rasoi Magic Foods is $1.81M as on Mar 31, 2023.
What does Rasoi Magic Foods do?
Rasoi Magic Foods Pvt. Ltd. was established in 2007 in Pune, India, within the food manufacturing sector. Spice mixes for ready-to-cook North Indian gravies are produced, with packaging designed for specific dishes. Variants without onion or garlic are created to serve customers in Gujarat and Maharashtra. Operations are conducted through a manufacturing and packaging facility near Pune. Acquisition by MTR Foods occurred in 2012.
Who are the top competitors of Rasoi Magic Foods?
Rasoi Magic Foods's top competitors include Pushp, Food Service and Eastern Condiments.
What products or services does Rasoi Magic Foods offer?
Rasoi Magic Foods offers Magical Menu and Magic Maker.
Who are Rasoi Magic Foods's investors?
Rasoi Magic Foods has 1 investor. Key investors include MTR Foods.
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