The Butternut

Mumbai, India Founded: 2016 • Age: 10 yrs Acquired By GlobalBees
Private label brand of flavoured peanut butter
Annual revenue $2.4M Latest available
Total funding - Funding intelligence
Employees 178 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About The Butternut

The Butternut is a company based in Mumbai (India) founded in 2016 by Suhail Pansare, Ankita Maniktala Kukreja, and Sahil Kukreja was acquired by GlobalBees in January 2022. The company has 178 employees as of March 28, 2024. The Butternut offers products and services including Natural Peanut Butter, Almond Butter, Tahini, Chocolate Spreads, and Dry Fruits. The Butternut operates in a competitive market with competitors including Dodla Dairy, Desi Farms, Milk Mantra, Heritage Foods and Milky Mist Dairy Food, among others.

  • Headquarter Mumbai, India
  • Employees 178 as on 28 Mar, 2024
  • Founders Suhail Pansare, Ankita Maniktala Kukreja, Sahil Kukreja
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website
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  • Legal Name Globalbees Brands Pvt. Ltd.
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.43 M (USD)
    -74.36
    as on Mar 31, 2024
  • Net Profit
    -$6.93 M (USD)
    -864.25
    as on Mar 31, 2024
  • EBITDA
    -$6.79 M (USD)
    7.51
    as on Mar 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    178

    as on Mar 28, 2024

  • Acquired by
    GlobalBees

    (Jan 11, 2022)

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Products & Services of The Butternut

The Butternut offers a comprehensive portfolio of products and services, including Natural Peanut Butter, Almond Butter, Tahini, Chocolate Spreads, and Dry Fruits.

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Primary

High-protein, unsweetened butter made from 100% peanuts for healthy snacking.

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Creamy or crunchy spread with heart-healthy fats and high vitamin E content.

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Unsalted sesame seed spread, high in protein and suitable for vegan diets.

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Refined-sugar-free spreads made from nuts for a nutritious chocolate alternative.

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Natural dried fruits and nuts providing high fiber and essential nutrients.

Funding Insights of The Butternut

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Detailed funding history for The Butternut

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Investors in The Butternut

The Butternut has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GlobalBees.

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Institutional
Investor Description Founded Year Domain Location
Direct-to-consumer brands are built and scaled through a technology platform.
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Investor details for The Butternut

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Investments & Acquisitions by The Butternut

Investments
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Investment portfolio details for The Butternut

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Financial Statements - The Butternut

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Detailed financials for The Butternut

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The Butternut Comparisons

The Butternut Primary company
Description
Private label brand of flavoured peanut butter
Location
Mumbai, India
Founded Year
2016
Annual Revenue
$2.43 M (USD)
Net Profit
-$6.93 M (USD)
EBITDA
-$6.79 M (USD)
Employees
178
As of 2024
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Peer comparison for The Butternut

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Competitors of The Butternut

The Butternut 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 Dodla Dairy, Desi Farms, Milk Mantra, Heritage Foods and Milky Mist Dairy Food, among others.

Company Name Domain Founded year HQ Location Description
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Multi-category dairy products are manufactured and branded.
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Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products
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Multi-category dairy products are supplied to urban consumers.
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Heritage Foods is engaged in manufacturing and supplying dairy products.
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Brand of dairy products
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Manufacturer of dairy products
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Detailed competitors of The Butternut

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Latest news on The Butternut

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Complete news archive for The Butternut

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Frequently Asked Questions about The Butternut

The Butternut was founded in 2016.

The Butternut is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

As of Mar 28, 2024, the latest employee count at The Butternut is 178.

Annual revenue of The Butternut is $2.43M as on Mar 31, 2024.

The Butternut Company is a private label brand of flavoured peanut butter. Available in 8 different flavours like almond, honey, creamy, un-sweetened etc. Products also come in gift packs. Claims that all products are preservative free and have the shelf life of 6 months. Products can be bought directly from the website and are also available on e-commerce platforms like Amazon, Snapdeal etc. Also, can be bought from around 45 offline stores and supermarkets in multiple cities across India. Has 9k followers on Facebook, as of Sep17.

The Butternut's top competitors include Dodla Dairy, Milk Mantra and Creamline Dairy.

The Butternut offers Natural Peanut Butter, Almond Butter, Tahini, Chocolate Spreads, and Dry Fruits.

The Butternut has 1 investor. Key investors include GlobalBees.

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