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. 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.
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 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Angel Round — $38,906
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First Round
First Round
(22 Aug 2009)
- Investors Count 30
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Angel Round - Shankar Group | Valuation | Shrivatsa M G , Arun Kumar | |
| Aug, 2015 | Amount | Angel Round - Shankar Group | Valuation | Udaya Venkatesh | |
| Aug, 2009 | Amount | Unspecified - Shankar Group | Valuation | Oshin Investments & Finance , Sidh Housing Development |
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| 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 |
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. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Provides IT consulting services, advising on technology strategy and implementation.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Shankar Group
| 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 - Shankar Group
| 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 |
Shankar Group Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Brand of cold-pressed juices
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| domain | founded_year | HQ Location |
Diversified company with divisions in pharma, foods, exports, and services.
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| domain | founded_year | HQ Location |
Natural fruit juices are branded and distributed by Storia Foods.
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| domain | founded_year | HQ Location |
Internet first brand offering cold pressed juices
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| domain | founded_year | HQ Location |
B Natural is engaged in producing fruit-based beverages.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Shankar Group
When was Shankar Group founded?
Shankar Group was founded in 1987 and raised its 1st funding round 22 years after it was founded.
Where is Shankar Group located?
Shankar Group is headquartered in Puttur, India. It is registered at Puttur, Karnataka, India.
Is Shankar Group a funded company?
Shankar Group is a funded company, having raised a total of $294.18K across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $30.75K, raised on Aug 22, 2009.
How many employees does Shankar Group have?
As of Jul 24, 2024, the latest employee count at Shankar Group is 219.
What is the annual revenue of Shankar Group?
Annual revenue of Shankar Group is $54.03M as on Mar 31, 2024.
What does Shankar Group do?
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.
Who are the top competitors of Shankar Group?
Shankar Group's top competitors include Raw Pressery, Storia Foods and Jagdale.
What products or services does Shankar Group offer?
Shankar Group offers Potato Chips, Mango Masti, Butter Murukku, and Ginger Punch.
Who are Shankar Group's investors?
Shankar Group has 30 investors. Key investors include Stock Net International, Shrivatsa M G, Arun Kumar, Veena Saraswathi, and Arun Kumar.
What is Shankar Group's valuation?
The valuation of Shankar Group is $18.96M as of Aug 2016.