About Shankar Group
Shankar Group is a company based in Puttur (India) founded in 1987 by Sathya Shankar. Shankar Group has raised $294.18 thousand across 3 funding rounds from investors including Stock Net International, Shrivatsa M G and Arun Kumar. The company has 219 employees as of July 24, 2024. Shankar Group offers products and services including Potato Chips, Mango Masti, Butter Murukku, and Ginger Punch. Shankar Group operates in a competitive market with competitors including Raw Pressery, Jagdale, Storia Foods, Groovy and B Natural, among others.
- Headquarter Puttur, India
- Employees 219 as on 24 Jul, 2024
- Founders Sathya Shankar
- 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 Megha Fruit Processing Pvt Ltd
- Date of Incorporation 11 Nov, 2003
- Jurisdiction Dakshina Kannada, Karnataka, India
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Annual Revenue
$54.03 M (USD)60.9as on Mar 31, 2024
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Net Profit
$2.59 M (USD)386.57as on Mar 31, 2024
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EBITDA
$6.62 M (USD)81.99as on Mar 31, 2024
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Total Equity Funding
$294.18 K (USD)
in 3 rounds
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Latest Funding Round
$38.91 K (USD), Angel Round
Aug 01, 2016
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Investors
Stock Net International
& 29 more
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Employee Count
219
as on Jul 24, 2024
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Products & Services of Shankar Group
Shankar Group offers a comprehensive portfolio of products and services, including Potato Chips, Mango Masti, Butter Murukku, and Ginger Punch.
Crispy flavored chips for everyday snacking occasions.
Refreshing mango-based drink for daily hydration.
Traditional Indian snack with rich butter flavor.
Zesty ginger drink for anytime refreshment.
Funding Insights of Shankar Group
Shankar Group has successfully raised a total of $294.18K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $38.91 thousand completed in August 2016. 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.
Investors in Shankar Group
Shankar Group has secured backing from 30 investors, including angel and institutional investors. Prominent investors backing the company include Stock Net International, Shrivatsa M G and Arun Kumar.
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Provides IT consulting services, advising on technology strategy and implementation.
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Investor details for Shankar Group
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Investments & Acquisitions by Shankar Group
Investment portfolio details for Shankar Group
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Financial Statements - Shankar Group
Detailed financials for Shankar Group
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Shankar Group Comparisons
Peer comparison for Shankar Group
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Competitors of Shankar Group
Shankar Group 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 Raw Pressery, Jagdale, Storia Foods, Groovy and B Natural, among others.
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Brand of cold-pressed juices
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Diversified company with divisions in pharma, foods, exports, and services.
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Natural fruit juices are branded and distributed by Storia Foods.
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Internet first brand offering cold pressed juices
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B Natural is engaged in producing fruit-based beverages.
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Detailed competitors of Shankar Group
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Latest news on Shankar Group
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Frequently Asked Questions about Shankar Group
Shankar Group was founded in 1987 and raised its 1st funding round 22 years after it was founded.
Shankar Group is headquartered in Puttur, India. It is registered at Puttur, Karnataka, India.
Shankar Group is a funded company, having raised a total of $294.18K across 3 funding rounds to date.
As of Jul 24, 2024, the latest employee count at Shankar Group is 219.
Annual revenue of Shankar Group is $54.03M as on Mar 31, 2024.
Operations were initiated in 1987 in Puttur, India, encompassing organic farming, fruit processing, and packaged food production. Items such as Fizz Jeera drink, Snak Up potato wafers, Sipon fruit juices, Fruzon apple drink, Bindu mineral water, Zivo soda, and Puro palm oil are manufactured. Auto parts assembly and financing services are additionally managed within the sector.
Shankar Group's top competitors include Raw Pressery, Storia Foods and Jagdale.
Shankar Group offers Potato Chips, Mango Masti, Butter Murukku, and Ginger Punch.
Shankar Group has 30 investors. Key investors include Stock Net International, Shrivatsa M G, Arun Kumar, Veena Saraswathi, and Arun Kumar.
The valuation of Shankar Group is $18.96M as of Aug 2016.