About Schmitten
Schmitten is a company based in Surat (India) founded in 2014 by Pankaj Jain, Jayesh Desai, Mausam Vijay Desai, and Shivlal Jain. It operates as a B2C, and D2C. The company has 480 employees as of March 31, 2021. Schmitten offers products and services including Schmitten Chocolates and Hoppits Chocolates. Schmitten operates in a competitive market with competitors including Cadbury, Manam Chocolate, Lotte India, Morde Foods and Ruchoks, among others.
- Headquarter Surat, India
- Employees 480 as on 31 Mar, 2021
- Founders Pankaj Jain, Jayesh Desai, Mausam Vijay Desai, Shivlal Jain
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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 Rajhans Nutriments Private Limited
- Date of Incorporation 26 Aug, 2011
- Jurisdiction Surat, Gujarat, India
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Annual Revenue
$2.58 M (USD)-5.13as on Mar 31, 2021
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Net Profit
$-3.12 M (USD)18.53as on Mar 31, 2021
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EBITDA
$615.34 K (USD)559.36as on Mar 31, 2021
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Latest Funding Round
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Investors
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Employee Count
480
as on Mar 31, 2021
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Products & Services of Schmitten
Schmitten offers a comprehensive portfolio of products and services, including Schmitten Chocolates and Hoppits Chocolates. 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.
Premium dark chocolates for indulgent consumer experiences.
Specialty chocolates targeted at various consumer segments.
Funding Insights of Schmitten
| 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 Schmitten
| 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 - Schmitten
| 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 |
Schmitten Comparisons
Competitors of Schmitten
Schmitten 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 Cadbury, Manam Chocolate, Lotte India, Morde Foods and Ruchoks, 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 |
Confectionery products are manufactured and distributed globally by Cadbury.
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| domain | founded_year | HQ Location |
Produces Indian craft chocolate through farming, making, and online sales.
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| domain | founded_year | HQ Location |
Manufactures and sells confectionery items like chocolates, gums, and toffees.
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| domain | founded_year | HQ Location |
Produces premium chocolate and cocoa for B2B clients worldwide.
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| domain | founded_year | HQ Location |
Specializes in comprehensive solutions for handmade chocolate products.
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| domain | founded_year | HQ Location |
Hard-boiled sugar confectionery and cakes are manufactured by the company.
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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 Schmitten
When was Schmitten founded?
Schmitten was founded in 2014.
Where is Schmitten located?
Schmitten is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Who is the current CEO of Schmitten?
Shivlal Jain is the current CEO of Schmitten. They have also founded this company.
How many employees does Schmitten have?
As of Mar 31, 2021, the latest employee count at Schmitten is 480.
What is the annual revenue of Schmitten?
Annual revenue of Schmitten is $2.58M as on Mar 31, 2021.
What does Schmitten do?
Schmitten Luxury Chocolates specializes in crafting high-quality dark chocolates using premium ingredients. They operate through online sales on platforms like Flipkart and Amazon, as well as physical outlets and cafes. Based primarily in Surat, Gujarat, with additional offices in Mumbai and Delhi, the company focuses on customer indulgence and maintains rigorous manufacturing standards. They serve consumers seeking exotic treats and handle bulk enquiries for businesses.
Who are the top competitors of Schmitten?
Schmitten's top competitors include Cadbury, Lotte India and Prayagh.
What products or services does Schmitten offer?
Schmitten offers Schmitten Chocolates and Hoppits Chocolates.