About The Butternut
The Butternut is a Consumer company based in Mumbai (India) founded in 2016 by Suhail Pansare, Ankita Maniktala Kukreja, and Sahil Kukreja, and was acquired by GlobalBees in January 2022. Private label brand of flavoured peanut butter. The company has 178 employees. Its Indian entity Globalbees Brands Private Limited reported revenue of ₹50.47 Cr. The Butternut offers products and services including Natural Peanut Butter, Almond Butter, Tahini, Chocolate Spreads, and Dry Fruits. Its focus areas include Food and Agriculture, Food & Beverage Products, Dairy and Butter and Ghee. Its competitors include Dodla Dairy, Desi Farms and Milk Mantra; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 178
- Founders Suhail Pansare, Ankita Maniktala Kukreja, Sahil Kukreja
- Stage Acquired
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website thebutternutcompany.com
- Social X Facebook
- Acquired by GlobalBees (Jan 2022)
- Legal Name Globalbees Brands Pvt. Ltd.
- Date of Incorporation 03 May, 2021
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹50.47 Cr
FY 2025 · +143% YoY
- Net Loss-₹329 Cr
FY 2025 · -652% margin
- EBITDA-₹283 Cr
FY 2025 · -561% margin
- Investors
- Employee Count178
- Acquired byGlobalBees
(Jan 2022)
Associated legal entities of The Butternut
The Butternut is associated with 3 registered companies on The Company Check; the primary company is Globalbees Brands Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Globalbees Brands Private Limited CIN U24299DL2021PTC380760 | Active | 03 May 2021 | New Delhi, Delhi | ₹50.5 Cr | 178 | 9 | View details |
| Merhaki Foods And Nutrition Private Limited CIN U24100RJ2017PTC059188 | Active | 27 Sep 2017 | Jaipur, Rajasthan | ₹484 Cr | 166 | 4 | View details |
| Pepper Health Private Limited CIN U74999MH2016PTC282442 | Active | 15 Jun 2016 | Mumbai, Maharashtra | ₹25.2 Cr | 23 | 3 | View details |
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.
High-protein, unsweetened butter made from 100% peanuts for healthy snacking.
Creamy or crunchy spread with heart-healthy fats and high vitamin E content.
Unsalted sesame seed spread, high in protein and suitable for vegan diets.
Refined-sugar-free spreads made from nuts for a nutritious chocolate alternative.
Natural dried fruits and nuts providing high fiber and essential nutrients.
Investors in The Butternut
The Butternut has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GlobalBees.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Direct-to-consumer brands are built and scaled through a technology platform. | 2021 | globalbees.com | Delhi, India |
Investor details for The Butternut
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Board of directors of Globalbees Brands Private Limited (The Butternut)
Globalbees Brands Private Limited is the primary company behind The Butternut. The boards of the 3 registered companies of The Butternut currently have 11 directors; the longest-serving is Sahil Omprakash Kukreja, appointed in 2016. 23 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sahil Omprakash Kukreja DIN 03604044 | Director | 15 Jun 2016 | 10 yrs 4 mo | Pepper Health Private Limited |
| Supam Satyanarayan Maheshwari DIN 01730685 | Director | 03 May 2021 | 5 yrs 5 mo | Globalbees Brands Private Limited, Merhaki Foods And Nutrition Private Limited |
| Kshitij Pankaj Sheth DIN 00125058 | Director | 20 Jul 2021 | 5 yrs 3 mo | Globalbees Brands Private Limited |
| Robin Vijan DIN 11086018 | Company Secretary | 13 Oct 2021 | 5 yrs | Globalbees Brands Private Limited |
| Vikas Laxman Thorat DIN 09462662 | Director | 15 Dec 2021 | 4 yrs 10 mo | Pepper Health Private Limited |
| Munish Banwarilal Gupta DIN 01662857 | Director | 15 Feb 2022 | 4 yrs 8 mo | Pepper Health Private Limited |
| Neeraj Sagar DIN 09475452 | Director | 12 Dec 2023 | 2 yrs 10 mo | Globalbees Brands Private Limited |
| Rohit Goyal DIN 10558167 | Director | 27 Jun 2024 | 2 yrs 4 mo | Merhaki Foods And Nutrition Private Limited |
| Anuj Jain DIN 11077148 | CEO | 24 Apr 2025 | 1 yr 6 mo | Globalbees Brands Private Limited, Merhaki Foods And Nutrition Private Limited |
| Gautam Sharma DIN 08776136 | Director | 01 May 2025 | 1 yr 5 mo | Globalbees Brands Private Limited |
| Manjula Ajaykumar Rao DIN 05121654 | Additional Director | 24 Jun 2025 | 1 yr 4 mo | Merhaki Foods And Nutrition Private Limited |
People of The Butternut
3 people are tracked at The Butternut (3 in leadership); the tracked headcount is 178.
| Name | Role | Group |
|---|---|---|
Suhail Pansare | Co-Founder | Leadership |
Ankita Maniktala Kukreja | Co-Founder | Leadership |
| Co-Founder & Director | Leadership |
Complete people profiles for The Butternut
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Financials of The Butternut
Figures of Globalbees Brands Private Limited, the primary company behind The Butternut, for FY 2025. Revenue was ₹50.47 Cr (+143% year on year). Net loss was -₹329 Cr (-652% margin). EBITDA was -₹283 Cr (-561% margin). Revenue has grown at a compounded annual rate of +12% over three years and +39% over five years.
- ₹50.47 CrRevenue · FY 2025 · +143% YoY
- -₹329 CrNet loss · -652% margin
- -₹283 CrEBITDA · -561% margin
- ₹8.4 LakhPaid-up capital
- 178Employees (provident fund records)
- +12%Revenue CAGR, 3 years
- +39%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Globalbees Brands Private Limited are on its company page.
Detailed financial statements for The Butternut
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Timeline of The Butternut
2 dated milestones of The Butternut across 6 years, from founding to its latest funding, stage changes and deals.
- Founded The Butternut is founded.
- Exit Acquired by GlobalBees.
Competitors of The Butternut
The Butternut has 3 listed competitors in our database, 3 of them funded. They include Dodla Dairy, Desi Farms and Milk Mantra.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dodladairy.com | 1995 | Hyderabad, India | $84.05M | 6,259 | Multi-category dairy products are manufactured and branded. | |
| desifarmsindia.in | 2016 | Pune, India | $6M | 79 | Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products | |
| milkmantra.com | 2009 | Bhubaneswar, India | $32.74M | 399 | Multi-category dairy products are supplied to urban consumers. |
Detailed competitors of The Butternut
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Web traffic of The Butternut
The website of The Butternut (thebutternutcompany.com) receives about 6.6K visits a month.
- Monthly visits6.6K
▼ 28.4% vs previous month
Websites whose visitors overlap most with The Butternut. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| healthybuddha.in | 100% | 29.7K | #773,592 | View details | |
| rolandfoods.com | 95% | 13.5K | #1,658,419 | View details | |
| figarooliveoil.com | 68% | 21.4K | #1,113,057 | View details | |
ilovepeanutbutter.com | ilovepeanutbutter.com | 61% | #708,036 | – | |
| cinnamon.kitchen | 50% | 88.8K | #233,343 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for The Butternut
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Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as The Butternut (Food & Beverage Products & Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 |
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Related news about 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.
The Butternut has 178 employees.
The primary company behind The Butternut, Globalbees Brands Private Limited, reported revenue of ₹50.47 Cr for FY 2025, up 143% year on year.
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 Desi Farms.
The Butternut offers Natural Peanut Butter, Almond Butter, Tahini, Chocolate Spreads, and Dry Fruits.
The Butternut has 1 investor. Key investors include GlobalBees.
The Butternut is associated with 3 legal entities: Globalbees Brands Private Limited, Pepper Health Private Limited, Merhaki Foods And Nutrition Private Limited.
Yes. The Butternut was acquired by GlobalBees in January 2022.
The legal entities of The Butternut currently have 12 directors, including Kshitij Pankaj Sheth, Gautam Sharma, Nitin Agarwal and others.