About SwitzGroup
SwitzGroup is a Consumer company based in Dubai (United Arab Emirates) founded in 1979. Global provider of bakery products, ingredients, trading, and retail services. It operates on a B2C and B2B model. SwitzGroup has raised $4.97 million across 1 funding round. The company has 221 employees. Its Indian entity Switz International Private Limited reported revenue of ₹156 Cr. SwitzGroup offers products and services including iBake, SWITZ GROUP TRADING, Masterbaker, Mio Amore, and Dreambake. Its focus areas include Food and Agriculture Tech, Bakery Ingredients, Manufacturing and Frozen Products. Its competitors include BMB Group, SugarMoo and Grand Bake.
Company details
SwitzGroup operates as a multinational conglomerate focused on bakery ingredients, retail bakeries, and trading. It manages subsidiaries like iBake and Mio Amore, producing and distributing frozen dough, pastries, and retail bakery items. The company supports franchise networks and technical services across Europe, Asia, and the Middle East, emphasizing quality manufacturing and global expansion in the food industry.
- Headquarters Dubai, United Arab Emirates
- Employees 221
- SectorsConsumer
- Email••••••••
- Website switzgroup.com
- Social X Facebook
- Legal Name Switz International Private Limited
- Date of Incorporation 03 Mar, 1999
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹156 Cr
FY 2025 · +14% YoY
- Indian entity net profit₹12.63 Cr
FY 2025 · 8% margin
- Indian entity EBITDA₹26.45 Cr
FY 2025 · 17% margin
- Total Equity Funding$4.97M (USD)
in 1 rounds
- Latest Funding Round$4.97M (USD), Seed
Feb 2011
- Employee Count221
Associated legal entities of SwitzGroup
SwitzGroup operates through Switz International Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Switz International Private Limited CIN U15200MH1999PTC118604 | Active | 03 Mar 1999 | Mumbai, Maharashtra | ₹156 Cr | 221 | 3 | View details |
Products & Services of SwitzGroup
SwitzGroup offers a comprehensive portfolio of products and services, including iBake, SWITZ GROUP TRADING, Masterbaker, Mio Amore, and Dreambake.
Core bakery operation providing financial cornerstone products
Subsidiary handling ingredient and product trading
Supplier of baking ingredients and technical support
Network of franchisee-operated retail bakery shops
Manufacturer of branded packaged cakes and desserts
Producer of bakery ingredients in Greece
Focuses on evolving dessert and confectionery markets
Distributor of premium caramel custard desserts
Offers bakery, pastry, and coffee shop services
Manufactures Mediterranean-style filled pastries
Produces frozen and Greek-style donuts
Division selling frozen thin dough products
B2C company for packaged bakery ingredients
Brand for Cretan rusks and traditional items
Chain of bakery and patisserie shops
Chain of bakery and pastry stores
Sells Greek bakery products like koulouri
Produces enzymes for textile and food applications
Makes range of bakery ingredients
Handles ingredients and egg products
Provides solutions in fats and bakery markets
Leading producer of hen eggs
Institute for bakery and pastry education
Funding Insights of SwitzGroup
SwitzGroup has successfully raised a total of $4.97M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.97 million completed in February 2011. 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 $4.97M
- Total Rounds 1
- Last Round Seed — $4.97M
- First Round $4.97M
(Feb 2011)
All 1 funding rounds of SwitzGroup with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2011 | $4.97M | Seed | – | – | – |
Board of directors of Switz International Private Limited (SwitzGroup)
Switz International Private Limited is the primary company behind SwitzGroup. The board of Switz International Private Limited currently have 2 directors; the longest-serving is Sivasubramanian Vellore Ganapathy, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sivasubramanian Vellore Ganapathy DIN 07981245 | Director | 11 Feb 2019 | 7 yrs 8 mo | Switz International Private Limited |
| Mukund Venkataraman DIN 01027462 | Director | 24 Jun 2024 | 2 yrs 4 mo | Switz International Private Limited |
People of SwitzGroup
27 people are tracked at SwitzGroup (11 in leadership, 16 in team); the tracked headcount is 221.
| Name | Role | Group |
|---|---|---|
Taizoon Khorakiwala | Owner, Managing Director | Leadership |
Charles Switzer | President / Founder | Leadership |
Divya Thota | Head Of Data Platforms & Architecture | Leadership |
Adam Khorakiwala | Group Chief Financial Officer | Leadership |
Bahaa Moussalli | Commercial Director | Leadership |
Shahinda Sadek | Head Of Marketing | Leadership |
Aseem Soni | CEO | Leadership |
Fatimah Saeed S Batook | Chief Executive Officer | Leadership |
Guruprasad Acharya | Head Alternate Channel | Leadership |
Sri Lakshmi | Group Chief Information Officer | Leadership |
Quresh Master | Chief Executive Officer - Borgcraft | Leadership |
Gautam Kalita | Regional Sales Manager | Team |
Zahid Maqbool Khan | General Counsel | Team |
Sangeeta Panchal | Sr. Manager - Admin & HR | Team |
Mathew John | Regional Sales Manager | Team |
Vibhav Bagga | Specialist Advanced Analytics & AI | Team |
Huzefa Kantawala | IT Manager | Team |
Manglam Jain | Specialist Advanced Analytics And AI | Team |
Kimberly Krichelle Saldanha | Investments | Team |
Akeel Ahamed | Senior Sales Coordinator - Corporate Sales | Team |
7 more people are available in the full profile.
Complete people profiles for SwitzGroup
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of SwitzGroup
Figures of Switz International Private Limited, the primary company behind SwitzGroup, for FY 2025. Revenue was ₹156 Cr (+14% year on year). Net profit was ₹12.63 Cr (8% margin). EBITDA was ₹26.45 Cr (17% margin). Revenue has grown at a compounded annual rate of +28% over three years and +31% over five years.
- ₹156 CrRevenue · FY 2025 · +14% YoY
- ₹12.63 CrNet profit · 8% margin
- ₹26.45 CrEBITDA · 17% margin
- ₹5.29 CrPaid-up capital
- 221Employees (provident fund records)
- +28%Revenue CAGR, 3 years
- +31%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Switz International Private Limited are on its company page.
Detailed financial statements for SwitzGroup
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of SwitzGroup
2 dated milestones of SwitzGroup across 32 years, from founding to its latest funding, stage changes and deals.
- Founded SwitzGroup is founded.
- Funding First funding round of $5.0M.
Competitors of SwitzGroup
SwitzGroup has 3 listed competitors in our database. They include BMB Group, SugarMoo and Grand Bake.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bmb-group.com | 2007 | Dubai, United Arab Emirates | Confectionery and snacks are branded and distributed by BMB Group. | |||
| sugarmoo.com | 2014 | Dubai, United Arab Emirates | A delivery service specializing in a variety of desserts to customers. | |||
| grandbake.com | 2015 | Abu Dhabi, United Arab Emirates | Bakery offering a variety of cakes, pastries, frozen foods, and pickles. |
Detailed competitors of SwitzGroup
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of SwitzGroup
Websites that share an audience with SwitzGroup (switzgroup.com).
Websites whose visitors overlap most with SwitzGroup. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| switzindia.net | 100% | View details |
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Frequently Asked Questions about SwitzGroup
SwitzGroup was founded in 1979 and raised its 1st funding round 32 years after it was founded.
SwitzGroup is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
SwitzGroup is a funded company, having raised a total of $4.97M across 1 funding round to date. The company's 1st funding round was a Seed of $4.97M, raised on Feb 2011.
SwitzGroup has 221 employees.
The primary company behind SwitzGroup, Switz International Private Limited, reported revenue of ₹156 Cr for FY 2025, up 14% year on year.
SwitzGroup operates as a multinational conglomerate focused on bakery ingredients, retail bakeries, and trading. It manages subsidiaries like iBake and Mio Amore, producing and distributing frozen dough, pastries, and retail bakery items. The company supports franchise networks and technical services across Europe, Asia, and the Middle East, emphasizing quality manufacturing and global expansion in the food industry.
SwitzGroup's top competitors include BMB Group, SugarMoo and Grand Bake.
SwitzGroup offers iBake, SWITZ GROUP TRADING, Masterbaker, Mio Amore, and 6 more products and services.
SwitzGroup operates through Switz International Private Limited.
The legal entities of SwitzGroup currently have 3 directors, including Sivasubramanian Vellore Ganapathy, Shweta Sonthalia, Mukund Venkataraman.