About Tropilite
Tropilite is a Consumer company based in India founded in 1999. Bakery, dairy, and culinary ingredients are manufactured and supplied. The company has 325 employees. Its chief executive, as recorded, is Puneet Davar. Its Indian entity Tropilite Foods Private Limited reported revenue of ₹302 Cr. Tropilite offers products and services including Whipping Creams, Bakery Ingredients, Bakery Premixes, Culinary Cooking Cream, and Seasonings. Its focus areas include Food and Agriculture, Food Distributors and Multi Category. Its competitors include Sweet Karam Coffee, Haldiram and Conscious Foods; 2 of its 3 listed competitors have raised funding.
Company details
Tropolite was founded in 1999 in India as a manufacturer and supplier of bakery, dairy, and culinary ingredients. Operations focus on providing over 100 products, including cake premix, whip toppings, chocolate ganache, and cooking cream, to bakers and chefs. The company serves the food ingredients sector through its domain tropolite.com, with leadership under CEO and MD Puneet Davar.
- Headquarters India
- Employees 325
- SectorsConsumer
- Website tropolite.com
- Social LinkedIn X Facebook Instagram
- Legal Name Tropilite Foods Private Limited
- Date of Incorporation 12 Nov, 1999
- Jurisdiction Gwalior, Madhya Pradesh, India
- Annual Revenue₹302 Cr
FY 2025 · +11% YoY
- Net Profit₹1.60 Cr
FY 2025 · 1% margin
- EBITDA₹8.27 Cr
FY 2025 · 3% margin
- Latest Funding Round$1.44M (USD), Unspecified
May 2011
- Investors
- Employee Count325
Associated legal entities of Tropilite
Tropilite operates through Tropilite Foods 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 |
|---|---|---|---|---|---|---|---|
| Tropilite Foods Private Limited CIN U51219MP1999PTC013843 | Active | 12 Nov 1999 | Gwalior, Madhya Pradesh | ₹302 Cr | 325 | 6 | View details |
Products & Services of Tropilite
Tropilite offers a comprehensive portfolio of products and services, including Whipping Creams, Bakery Ingredients, Bakery Premixes, Culinary Cooking Cream, and Seasonings.
Creams used for baking and food preparation.
Essential components for bakery item production.
Pre-mixed ingredients for easy baking.
Cream for cooking and seasoning dishes.
Flavor enhancers for food preparation.
Mixtures for dairy-based food items.
Agents to improve food texture and stability.
Cultures for fermentation and health benefits.
Funding Insights of Tropilite
- Total Rounds 1
- Last Round Unspecified — $1.44M
- First Round $1.44M
(May 2011)
- Investors Count 1
All 1 funding rounds of Tropilite 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 |
|---|---|---|---|---|---|
| May 2011 | $1.44M | Unspecified | – | SEAF | – |
1 investors in total: 1 institutional.
Investors in Tropilite
Tropilite has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include SEAF.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and debt firm focused on small and medium-sized businesses | 1989 | seaf.com | United States |
Investor details for Tropilite
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Board of directors of Tropilite Foods Private Limited (Tropilite)
Tropilite Foods Private Limited is the primary company behind Tropilite. The board of Tropilite Foods Private Limited currently have 6 directors; the longest-serving is Puneet Davar, appointed in 1999. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Puneet Davar DIN 00819091 | Managing Director | 12 Nov 1999 | 26 yrs 11 mo | Tropilite Foods Private Limited |
| Meera Davar DIN 01957364 | Director | 09 Jun 2011 | 15 yrs 4 mo | Tropilite Foods Private Limited |
| Hemendra Mathur DIN 02447059 | Director | 09 Jun 2011 | 15 yrs 4 mo | Tropilite Foods Private Limited |
| Monisha Davar DIN 03405686 | Director | 30 Sep 2017 | 9 yrs | Tropilite Foods Private Limited |
| Sheetal Davar DIN 08393864 | Director | 11 Mar 2024 | 2 yrs 7 mo | Tropilite Foods Private Limited |
| Vijay Verma DIN 07933202 | Additional Director | 12 Jul 2025 | 1 yr 3 mo | Tropilite Foods Private Limited |
People of Tropilite
1 people are tracked at Tropilite (1 in leadership); the tracked headcount is 325.
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership |
Complete people profiles for Tropilite
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Financials of Tropilite
Figures of Tropilite Foods Private Limited, the primary company behind Tropilite, for FY 2025. Revenue was ₹302 Cr (+11% year on year). Net profit was ₹1.60 Cr (1% margin). EBITDA was ₹8.27 Cr (3% margin). Revenue has grown at a compounded annual rate of +10% over three years and +19% over five years.
- ₹302 CrRevenue · FY 2025 · +11% YoY
- ₹1.60 CrNet profit · 1% margin
- ₹8.27 CrEBITDA · 3% margin
- ₹50 LakhPaid-up capital
- 325Employees (provident fund records)
- +10%Revenue CAGR, 3 years
- +19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tropilite Foods Private Limited are on its company page.
Detailed financial statements for Tropilite
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Timeline of Tropilite
2 dated milestones of Tropilite across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Tropilite is founded.
- Funding First funding round of $1.4M.
Competitors of Tropilite
Tropilite has 3 listed competitors in our database, 2 of them funded. They include Sweet Karam Coffee, Haldiram and Conscious Foods.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sweetkaramcoffee.in | 2015 | Chennai, India | $13.22M | 123 | Dry snacks and coffee are manufactured and distributed. | |
| haldiram.com | 1937 | Delhi, India | 10,302 | Vegetarian snacks, sweets, beverages, and ready-to-eat meals are offered online. | ||
| consciousfood.com | 1990 | Mumbai, India | $2.57M | 152 | Organic packaged foods are offered via an internet-first brand. |
Detailed competitors of Tropilite
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Web traffic of Tropilite
The website of Tropilite (tropolite.com) receives about 7.9K visits a month.
- Monthly visits7.9K
▼ 45.5% vs previous month
Websites whose visitors overlap most with Tropilite. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
sizzlingtastebuds.com | sizzlingtastebuds.com | 100% | #1,277,527 | – | |
| bakersvilleshop.com | 96% | #1,750,942 | View details | ||
madhurasrecipe.com | madhurasrecipe.com | 86% | #720,305 | – | |
| bakerykart.com | 81% | 19.4K | #1,081,902 | View details | |
| nfcihospitality.com | 76% | #1,050,767 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Tropilite
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Related news about Tropilite
Complete news archive for Tropilite
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Frequently Asked Questions about Tropilite
Tropilite was founded in 1999 and raised its 1st funding round 12 years after it was founded.
Tropilite is headquartered in India.
Puneet Davar is the CEO of Tropilite, as recorded in our data.
Tropilite has 325 employees.
The primary company behind Tropilite, Tropilite Foods Private Limited, reported revenue of ₹302 Cr for FY 2025, up 11% year on year.
Tropolite was founded in 1999 in India as a manufacturer and supplier of bakery, dairy, and culinary ingredients. Operations focus on providing over 100 products, including cake premix, whip toppings, chocolate ganache, and cooking cream, to bakers and chefs. The company serves the food ingredients sector through its domain tropolite.com, with leadership under CEO and MD Puneet Davar.
Tropilite's top competitors include Sweet Karam Coffee, Haldiram and Conscious Foods.
Tropilite offers Whipping Creams, Bakery Ingredients, Bakery Premixes, Culinary Cooking Cream, and 4 more products and services.
Tropilite has 1 investor. Key investors include SEAF.
Tropilite operates through Tropilite Foods Private Limited.
The legal entities of Tropilite currently have 6 directors, including Vijay Verma, Meera Davar, Sheetal Davar and others.