About Recon Oil Industries
Recon Oil Industries is a company based in Mumbai (India) founded in 1991 by Imran Sulia. It operates as a D2C, and B2C. The company has 220 employees as of July 31, 2024. Recon Oil Industries offers products and services including Tez Premium Mustard Oil, Tilsona Gold Sesame Oil, Coco Care Coconut Oil, Nurish & Care Organic Virgin Coconut Oil, and Sesone Virgin Sesame Oil. Recon Oil Industries operates in a competitive market with competitors including 24 Mantra, Uzhavarbumi, Adani Wilmar, Priya Foods and Fortune Foods, among others.
- Headquarter Mumbai, India
- Employees 220 as on 31 Jul, 2024
- Founders Imran Sulia
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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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Annual Revenue
$27.6 M (USD)0as on Mar 31, 2022
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
220
as on Jul 31, 2024
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Products & Services of Recon Oil Industries
Recon Oil Industries offers a comprehensive portfolio of products and services, including Tez Premium Mustard Oil, Tilsona Gold Sesame Oil, Coco Care Coconut Oil, Nurish & Care Organic Virgin Coconut Oil, and Sesone Virgin Sesame Oil. 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.
Mustard oil processed with proprietary method for natural nutrients
Pure sesame oil offering rich flavor from blended seeds
Natural coconut oil made from handpicked ingredients for daily use
Organic coconut oil with single-ingredient focus for taste and aroma
Cold-pressed sesame oil for wholesome cooking applications
Lamp oil for traditional use with lasting glow
Incense sticks for creating a blissful home atmosphere
Funding Insights of Recon Oil Industries
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Recon Oil Industries
| 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 - Recon Oil Industries
| 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 |
Recon Oil Industries Comparisons
Competitors of Recon Oil Industries
Recon Oil Industries 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 24 Mantra, Uzhavarbumi, Adani Wilmar, Priya Foods and Fortune Foods, 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 organic packaged food, beverage, and cooking products
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| domain | founded_year | HQ Location |
Brand of multi-category grocery & staples products
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| domain | founded_year | HQ Location |
Provider of edible oils, packaged rice, and pulses products
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| domain | founded_year | HQ Location |
Production of multiple processed and packaged foods.
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| domain | founded_year | HQ Location |
Manufactures edible oils and processed food products for wholesale distribution.
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| domain | founded_year | HQ Location |
Processor, marketer, and supplier of edible oils
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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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Frequently Asked Questions about Recon Oil Industries
When was Recon Oil Industries founded?
Recon Oil Industries was founded in 1991.
Where is Recon Oil Industries located?
Recon Oil Industries is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Recon Oil Industries have?
As of Jul 31, 2024, the latest employee count at Recon Oil Industries is 220.
What is the annual revenue of Recon Oil Industries?
Annual revenue of Recon Oil Industries is $27.6M as on Mar 31, 2022.
What does Recon Oil Industries do?
Reconoil produces and sells a variety of pure natural oils, including mustard, sesame, and coconut oils, using proprietary processes to retain nutrients without heat or chemicals. The company operates an online store and partners with platforms like Big Basket and Amazon for distribution. Based in Mumbai, India, Reconoil focuses on quality products and customer care, reaching consumers across 16 countries with an emphasis on healthy lifestyles.
Who are the top competitors of Recon Oil Industries?
Recon Oil Industries's top competitors include 24 Mantra, Gokul Agro and Mishtann.
What products or services does Recon Oil Industries offer?
Recon Oil Industries offers Tez Premium Mustard Oil, Tilsona Gold Sesame Oil, Coco Care Coconut Oil, Nurish & Care Organic Virgin Coconut Oil, and 3 more products and services.
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