About Smoor Chocolates
Smoor Chocolates is a company based in Bengaluru (India) founded in 2015 by Vimal Sharma and Nadeem Ahmad was acquired by Rebel Foods in April 2022. Smoor Chocolates has raised $7.76 million across 5 funding rounds from investors including Rebel Foods, Klub and Ramchandra Shastry. The company has 809 employees as of March 30, 2024. Smoor Chocolates offers products and services including Luxury Couverture Chocolates, Signature Cakes, Gift Hampers, Cookies, and Macarons. Smoor Chocolates operates in a competitive market with competitors including Cadbury, Manam Chocolate, Lotte India, Morde Foods and Ruchoks, among others.
- Headquarter Bengaluru, India
- Employees 809 as on 30 Mar, 2024
- Founders Vimal Sharma, Nadeem Ahmad
- 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 Bliss Chocolates India Private Limited
- Date of Incorporation 27 Mar, 2015
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$15.43 M (USD)53.42as on Mar 31, 2023
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Net Profit
-$2.08 M (USD)-108.46as on Mar 31, 2023
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EBITDA
$353.71 K (USD)253.22as on Mar 31, 2023
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Total Equity Funding
$7.76 M (USD)
in 5 rounds
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Latest Funding Round
$5.29 M (USD), Series A
Mar 31, 2022
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Investors
Rebel Foods
& 9 more
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Employee Count
809
as on Mar 30, 2024
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Acquired by
Rebel Foods
(Apr 07, 2022)
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Products & Services of Smoor Chocolates
Smoor Chocolates offers a comprehensive portfolio of products and services, including Luxury Couverture Chocolates, Signature Cakes, Gift Hampers, Cookies, and Macarons.
Premium boxed chocolates for gifting and snacking purposes
Variety of cakes designed for celebrations and events
Customized hampers with chocolates and treats for occasions
Baked cookies offered as snacks or gifts
French-style macarons for dessert and gifting options
People of Smoor Chocolates
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Funding Insights of Smoor Chocolates
Smoor Chocolates has successfully raised a total of $7.76M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $5.29 million completed in March 2022. 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 Smoor Chocolates
Smoor Chocolates has secured backing from 10 investors, including institutional and angel investors. Prominent investors backing the company include Rebel Foods, Klub and Ramchandra Shastry.
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Multi-category food products are offered via an internet restaurant platform.
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Fintech platform for revenue-based financing to digital businesses is provided.
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Ramchandra Shastry |
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Investor details for Smoor Chocolates
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Investments & Acquisitions by Smoor Chocolates
Investment portfolio details for Smoor Chocolates
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Financial Statements - Smoor Chocolates
Detailed financials for Smoor Chocolates
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Smoor Chocolates Comparisons
Peer comparison for Smoor Chocolates
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Competitors of Smoor Chocolates
Smoor Chocolates 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.
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Confectionery products are manufactured and distributed globally by Cadbury.
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Produces Indian craft chocolate through farming, making, and online sales.
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Manufactures and sells confectionery items like chocolates, gums, and toffees.
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Produces premium chocolate and cocoa for B2B clients worldwide.
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Specializes in comprehensive solutions for handmade chocolate products.
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Hard-boiled sugar confectionery and cakes are manufactured by the company.
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Detailed competitors of Smoor Chocolates
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Latest news on Smoor Chocolates
Complete news archive for Smoor Chocolates
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Frequently Asked Questions about Smoor Chocolates
Smoor Chocolates was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Smoor Chocolates is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vimal Sharma is the current CEO of Smoor Chocolates. They have also founded this company.
Smoor Chocolates is a funded company, having raised a total of $7.76M across 5 funding rounds to date.
As of Mar 30, 2024, the latest employee count at Smoor Chocolates is 809.
Annual revenue of Smoor Chocolates is $15.43M as on Mar 31, 2023.
Smoor Chocolates was founded in 2015 in Bengaluru, India, within the confectionery and food sector. A selection of products including cookies, cakes, pastries, cupcakes, pralines, macarons, and baked delicacies is provided, alongside pasta, pizza, sandwiches, salads, wraps, and burgers. Luxury gift hampers are available, with expansion into ice cream and prepackaged chocolate beverages in progress. Operations focus on complementary dessert categories.
Smoor Chocolates's top competitors include Cadbury, Lotte India and Prayagh.
Smoor Chocolates offers Luxury Couverture Chocolates, Signature Cakes, Gift Hampers, Cookies, and Macarons.
Smoor Chocolates has 10 investors. Key investors include Rebel Foods, Klub, Ramchandra Shastry, Gaurav Sureka, and Syed Akhib.
The valuation of Smoor Chocolates is $44.35M as of Mar 2022.