About Sericha
Sericha is a Consumer company based in Bengaluru (India) founded in 2000. It offers a private label brand specializing in organic mulberry leaf tea. It operates on a B2C model. Its Indian entity Ashchem Agrotech Llp reported revenue of ₹9.62 Cr. Its focus areas include Food and Beverage, Beverages, Tea Production and Organic Products. Its competitors include VAHDAM, Teabox and Dorje Teas; 3 of its 3 listed competitors have raised funding.
Company details
Sericha, based in Bengaluru, focuses on food and beverage, producing beverages, tea production, and organic products. Offers a private label brand specializing in organic mulberry leaf tea. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- SectorsConsumer
- Website ww25.sericha.com
- Social X
- Legal Name Ashchem Agrotech Llp
- Date of Incorporation 27 Dec, 2013
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹9.62 Cr
FY 2023 · +154% YoY
- Net Profit₹8.15 Cr
FY 2023 · 85% margin
- EBITDA-₹61.7 Lakh
FY 2023 · -6% margin
Associated legal entities of Sericha
Sericha operates through Ashchem Agrotech Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ashchem Agrotech Llp CIN AAB-9636 | Active | 27 Dec 2013 | Bangalore, Karnataka | ₹9.6 Cr | 2 | View details |
Board of directors of Ashchem Agrotech Llp (Sericha)
Ashchem Agrotech Llp is the primary company behind Sericha. The board of Ashchem Agrotech Llp currently have 2 directors; the longest-serving is Bharat Tandon, appointed in 2013. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bharat Tandon DIN 00832149 | Designated Partner | 27 Dec 2013 | 12 yrs 10 mo | Ashchem Agrotech Llp |
| Ashvini Tandon DIN 00832395 | Designated Partner | 27 Dec 2013 | 12 yrs 10 mo | Ashchem Agrotech Llp |
Financials of Sericha
Figures of Ashchem Agrotech Llp, the primary company behind Sericha, for FY 2023. Revenue was ₹9.62 Cr (+154% year on year). Net profit was ₹8.15 Cr (85% margin). EBITDA was -₹61.7 Lakh (-6% margin). Revenue has grown at a compounded annual rate of +35% over three years and +12% over five years.
- ₹9.62 CrRevenue · FY 2023 · +154% YoY
- ₹8.15 CrNet profit · 85% margin
- -₹61.7 LakhEBITDA · -6% margin
- +35%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ashchem Agrotech Llp are on its company page.
Detailed financial statements for Sericha
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- Statement rows
- Financial ratios
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Verified entity values are shown only after access is granted.
Competitors of Sericha
Sericha has 3 listed competitors in our database, 3 of them funded. They include VAHDAM, Teabox and Dorje Teas.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vahdam.com | 2015 | Delhi, India | $43.09M | 145 | Tea powders and accessories are offered by an internet-first brand. | |
| teabox.com | 2012 | Bengaluru, India | $19M | 88 | Online platform offering tea | |
| dorjeteas.com | 2021 | Darjeeling, India | $250,347 | Internet first brand offering tea |
Detailed competitors of Sericha
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- Full competitor set
- Operating metrics
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- Competitive positioning
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Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Sericha (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 61.39 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 143.51 M | 2,828 |
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Frequently Asked Questions about Sericha
Sericha was founded in 2000.
Sericha is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Sericha, Ashchem Agrotech Llp, reported revenue of ₹9.62 Cr for FY 2023, up 154% year on year.
Sericha, based in Bengaluru, focuses on food and beverage, producing beverages, tea production, and organic products. Offers a private label brand specializing in organic mulberry leaf tea. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Sericha's top competitors include VAHDAM, Teabox and Dorje Teas.
Sericha operates through Ashchem Agrotech Llp.
The legal entities of Sericha currently have 2 directors, including Bharat Tandon, Ashvini Tandon.