SkyGourmet Catering

Mumbai, India Founded: 2002 • Age: 24 yrs Minicorn Acquired By Gate Gourmet
Catering services for in-flight meals are provided by SkyGourmet.

About SkyGourmet Catering

SkyGourmet Catering is a Consumer company based in Mumbai (India) founded in 2002, and was acquired by Gate Gourmet in November 2010. Catering services for in-flight meals are provided by SkyGourmet. SkyGourmet Catering has raised $11.86 million across 1 funding round from investors including Gate Gourmet. The company has 345 employees. SkyGourmet Catering was last valued at $20.09 million in January 2008. Its Indian entity Mars Hotels & Restaurants Private Limited reported revenue of β‚Ή103 Cr. Its focus areas include Food and Agriculture, Food Service Chains, Caterers and In-Flight.

Company details

SkyGourmet Catering was established in 2002 in Mumbai, India. Operations are centered on the aviation sector, where catering services for flights are delivered. Meals and related provisions are supplied to airlines, ensuring compliance with industry standards. The company is managed by Rohit Narang as director, with activities primarily conducted within India through the domain skygourmet.in. Focus remains on logistical support for airborne dining needs.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹103 Cr

    FY 2025 · -33% YoY

  • Net Profit
    ₹14.28 Cr

    FY 2025 · 14% margin

  • EBITDA
    ₹34.30 Cr

    FY 2025 · 33% margin

  • Total Equity Funding
    $11.86M (USD)

    in 1 rounds

  • Latest Funding Round
    $11.86M (USD), Series A

    Jan 2008

  • Investors
  • Employee Count
    345
  • Acquired by
    Gate Gourmet

    (Nov 2010)

Funding Insights of SkyGourmet Catering

SkyGourmet Catering has successfully raised a total of $11.86M through 1 strategic funding round. The most recent funding activity was a Series A round of $11.86 million completed in January 2008. 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 $11.86M
  • Total Rounds 1
  • Last Round Series A β€” $11.86M
  • First Round $11.86M

    (Jan 2008)

All 1 funding rounds of SkyGourmet Catering with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2008$11.86MSeries A$20.09M–
–
Valuation history
DateValuationStage
Jan 2008$20.09Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $20.09M (Jan 2008). 1 investors in total: 1 institutional.

Investors in SkyGourmet Catering

SkyGourmet Catering has secured backing from 1 investor. Prominent investors backing the company include Gate Gourmet.

All
InvestorDescriptionFounded YearDomainLocation
In-flight food services caterers
1992gategourmet.comZurich, Switzerland
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Investor details for SkyGourmet Catering

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Board of directors of Mars Hotels & Restaurants Private Limited (SkyGourmet Catering)

Mars Hotels & Restaurants Private Limited is the primary company behind SkyGourmet Catering. The board of Mars Hotels & Restaurants Private Limited currently have 7 directors; the longest-serving is Santosh Kashinath Warpe, appointed in 2020. 29 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Santosh Kashinath Warpe
DIN 08817563
Director18 Sep 20206 yrs 1 moMars Hotels & Restaurants Private Limited
Denise Marie Pereira
DIN 08817489
Director18 Sep 20206 yrs 1 moMars Hotels & Restaurants Private Limited
Raghavendra Srinivasa Sheregar
DIN 10443549
Director29 Dec 20232 yrs 9 moMars Hotels & Restaurants Private Limited
Sanjay Manoharlal Narang
DIN 00090440
Director29 Dec 20232 yrs 9 moMars Hotels & Restaurants Private Limited
Sharon Robert Machado
DIN 03213818
Director11 Dec 20241 yr 10 moMars Hotels & Restaurants Private Limited
Kailash Vithal Shetty
DIN 10864708
Director11 Dec 20241 yr 10 moMars Hotels & Restaurants Private Limited
Vanessa Catherine Crasto
DIN 07582596
Director10 Jan 20251 yr 9 moMars Hotels & Restaurants Private Limited

People of SkyGourmet Catering

1 people are tracked at SkyGourmet Catering (1 in leadership); the tracked headcount is 345.

NameRoleGroup
Managing DirectorLeadership
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Financials of SkyGourmet Catering

Figures of Mars Hotels & Restaurants Private Limited, the primary company behind SkyGourmet Catering, for FY 2025. Revenue was ₹103 Cr (-33% year on year). Net profit was ₹14.28 Cr (14% margin). EBITDA was ₹34.30 Cr (33% margin). Revenue has grown at a compounded annual rate of +50% over three years and -8% over five years.

  • ₹103 CrRevenue · FY 2025 · -33% YoY
  • ₹14.28 CrNet profit · 14% margin
  • ₹34.30 CrEBITDA · 33% margin
  • ₹1.82 CrPaid-up capital
  • 345Employees (provident fund records)
  • +50%Revenue CAGR, 3 years
  • -8%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Mars Hotels & Restaurants Private Limited are on its company page.

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Detailed financial statements for SkyGourmet Catering

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Timeline of SkyGourmet Catering

4 dated milestones of SkyGourmet Catering across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded SkyGourmet Catering is founded.
  2. Funding First funding round of $11.9M.
  3. Milestone Reaches Minicorn status.
  4. Exit Acquired by Gate Gourmet.

Top companies in Food Service Chains

2 companies that operate in the same segment as SkyGourmet Catering (Food Service Chains) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Coffee and related products are served by a restaurant chain.
1993Bengaluru, Karnataka, IndiaUSD 236.07 MUSD 110.67 M2,863
Tea and snacks are served by Chaayos in limited-service restaurants.
2012Delhi, Delhi, IndiaUSD 94.23 MUSD 31.69 M2,075
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Related news about Skygourmet Catering

Gate Gourmet acquires 74% in Skygourmet
Businesstoday β€’ 15 years ago
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Frequently Asked Questions about SkyGourmet Catering

SkyGourmet Catering was founded in 2002 and raised its 1st funding round 6 years after it was founded.

SkyGourmet Catering is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

SkyGourmet Catering is a funded company, having raised a total of $11.86M across 1 funding round to date. The company's 1st funding round was a Series A of $11.86M, raised on Jan 2008.

SkyGourmet Catering has 345 employees.

The primary company behind SkyGourmet Catering, Mars Hotels & Restaurants Private Limited, reported revenue of β‚Ή103 Cr for FY 2025, down 33% year on year.

SkyGourmet Catering was established in 2002 in Mumbai, India. Operations are centered on the aviation sector, where catering services for flights are delivered. Meals and related provisions are supplied to airlines, ensuring compliance with industry standards. The company is managed by Rohit Narang as director, with activities primarily conducted within India through the domain skygourmet.in. Focus remains on logistical support for airborne dining needs.

SkyGourmet Catering has 1 investor. Key investors include Gate Gourmet.

The valuation of SkyGourmet Catering is $20.09M as of Jan 2008.

SkyGourmet Catering operates through Mars Hotels & Restaurants Private Limited.

Yes. SkyGourmet Catering was acquired by Gate Gourmet in November 2010.

The legal entities of SkyGourmet Catering currently have 7 directors, including Sharon Robert Machado, Santosh Kashinath Warpe, Denise Marie Pereira and others.

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