About Sumeru Frozen Foods
Sumeru Frozen Foods is a company based in Kochi (India) founded in 1989 was acquired by Peepul Capital in March 2016. It operates as a Direct-to-Consumer (D2C), and B2B2C. The company has 278 employees as of April 05, 2024. Sumeru Frozen Foods offers products and services including French Fries and Customized Food Products. Sumeru Frozen Foods operates in a competitive market with competitors including ID Fresh Food, Tasty Bite, VEGOLUTION, BENANI FOODS and Bluepine Foods, among others.
- Headquarter Kochi, India
- Employees 278 as on 05 Apr, 2024
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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 Innovative Foods Limited
- Date of Incorporation 01 Sep, 1989
- Jurisdiction Cochin, Kerala, India
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Annual Revenue
$14.77 M (USD)0.38as on Mar 31, 2023
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Net Profit
$-3.31 M (USD)-865.69as on Mar 31, 2023
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EBITDA
$-2.65 M (USD)-434.28as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
278
as on Apr 05, 2024
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Acquired by
Peepul Capital
(Mar 25, 2016)
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Products & Services of Sumeru Frozen Foods
Sumeru Frozen Foods offers a comprehensive portfolio of products and services, including French Fries and Customized Food Products. 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.
Frozen French fries are offered for quick preparation.
Customized food products are developed for restaurant clients.
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Funding Insights of Sumeru Frozen Foods
| 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 Sumeru Frozen Foods
Sumeru Frozen Foods has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Peepul Capital. 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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Private equity firm engaged in growth investments across India.
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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 Sumeru Frozen Foods
| 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 - Sumeru Frozen Foods
| 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 |
Sumeru Frozen Foods Comparisons
Competitors of Sumeru Frozen Foods
Sumeru Frozen Foods 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 ID Fresh Food, Tasty Bite, VEGOLUTION, BENANI FOODS and Bluepine Foods, 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 |
Ready-to-cook wholesome food products are provided by ID Fresh Food.
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| domain | founded_year | HQ Location |
Packaged, ready to cook food for Indian and south Asian cuisine
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| domain | founded_year | HQ Location |
Versatile and nutritious protein-first vegetarian foods are produced.
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| domain | founded_year | HQ Location |
Ready-to-cook food brand
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| domain | founded_year | HQ Location |
Ready-to-make oriental snacks are branded and distributed by Bluepine Foods.
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| domain | founded_year | HQ Location |
Ready-to-eat pasta and sauces are supplied online by Chef's Basket.
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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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Latest news on Sumeru Frozen Foods
Frequently Asked Questions about Sumeru Frozen Foods
When was Sumeru Frozen Foods founded?
Sumeru Frozen Foods was founded in 1989.
Where is Sumeru Frozen Foods located?
Sumeru Frozen Foods is headquartered in Kochi, India. It is registered at Kochi, Kerala, India.
How many employees does Sumeru Frozen Foods have?
As of Apr 05, 2024, the latest employee count at Sumeru Frozen Foods is 278.
What is the annual revenue of Sumeru Frozen Foods?
Annual revenue of Sumeru Frozen Foods is $14.77M as on Mar 31, 2023.
What does Sumeru Frozen Foods do?
Sumeru Frozen Foods, operated by Innovative Foods Limited, is involved in the production and distribution of frozen food products, primarily targeting the Indian market and international regions such as the US, New Zealand, Africa, Japan, Singapore, Fiji, and Mauritius. A variety of frozen items, including French fries, are offered to both retail consumers and food service establishments. Customized solutions are developed for quick-service restaurants and caterers through strong research and development capabilities. Bulk packs are also provided to standalone restaurants across India.
Who are the top competitors of Sumeru Frozen Foods?
Sumeru Frozen Foods's top competitors include ID Fresh Food, Tasty Bite and VEGOLUTION.
What products or services does Sumeru Frozen Foods offer?
Sumeru Frozen Foods offers French Fries and Customized Food Products.
Who are Sumeru Frozen Foods's investors?
Sumeru Frozen Foods has 1 investor. Key investors include Peepul Capital.