Adinath Agro - About the company
Adinath Agro is a series A company based in Pune (India), founded in 1995. It operates as a Manufacturing of food pulp, ketchup, jam, pickles in India. Adinath Agro has raised $3.26M in funding from Carpediem Capital, with a current valuation of $*****. The company has 244 active competitors, including 21 funded and 8 that have exited. Its top competitors include companies like Veeba, Heinz and Cremica.
Company Details
Adinath Agro is a food processing company involved in the manufacturing of food pulps, ketchup, sauce, jam, pickles, syrup and canned foods in India. It operates out of its single facility at Pune and has an installed capacity of 60 tonnes per day. It distributes all its products in the domestic market of India. It has ISO and HACCP certifications. The brand portfolio includes Surabhi, Magic King and Winn.
- Website
- www.adinathagro.com/
- Email ID
- *****@adinathagro.com
- Phone Number
- +91 **********
- Registered Address
- Gat No. 621, 622, 624/1, 624/2, 759/2 Kolvihire, Tal Purandar- 412303, Pune, Pune, Maharashtra, India, 412303
Key Metrics
Founded Year
1995
Location
Pune, India
Stage
Series A
Total Funding
$3.26M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 25, 2016
Investors
Ranked
11th among 244 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
251 as on Aug 31, 2025
Legal entities associated with Adinath Agro
Adinath Agro is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ADINATH AGRO PROCESSED FOODS PRIVATE LIMITED CIN: U01130PN1995PTC087902 , India, Active | May 01, 1995 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 251 (As on Aug 01, 2025) |
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Adinath Agro's funding and investors
Adinath Agro has raised a total funding of $3.26M over 2 rounds. Its first funding round was on Dec 16, 2015. Its latest funding round was a Series A round on Nov 25, 2016 for $*****. 1 investor participated in its latest round. Adinath Agro has 2 institutional investors and 12 angel investors.
Here is the list of recent funding rounds of Adinath Agro:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 25, 2016 | 7883741 | Series A | 6484654 | 9375579 | 7224542 | 2777608 |
Dec 16, 2015 | 7125049 | Series A | 6754232 | 5316513 |
View details of Adinath Agro's funding rounds and investors
Adinath Agro's founders and board of directors
Founder? Claim ProfileHere are the details of Adinath Agro's key team members:
- Chandan Polekar: CEO of Adinath Agro. Contact Info: 1 email address
Adinath Agro's Board of Directors
Adinath Agro's board has 1 active member. Renuka Bharat Gandhi is independent board member.Here is the list of Adinath Agro's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 31y 2m |
View details of Adinath Agro's Founder profiles and Board Members
Adinath Agro's employee count trend
Adinath Agro has 251 employees as of Aug 25. The total employee count is 10.0% more than what it was in Aug 24. Here is Adinath Agro's employee count trend over the years:
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Adinath Agro's Competitors and alternates
Top competitors of Adinath Agro include Veeba, Heinz and Cremica. Here is the list of Top 10 competitors of Adinath Agro, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Internet first brand of sauces, dips, and other condiment products | $58.2M | 63/100 | ||
2nd | Heinz 1869, Pittsburgh (United States), Acquired | Brand of sauces and condiments | - | 62/100 | |
3rd | Brand of biscuits, sauces, and bread | $15M | 62/100 | ||
4th | Internet first brand homemade Indian pickles and chutneys | $1.4M | 59/100 | ||
5th | Capital Foods 1996, Mumbai (India), Acquired | Manufactures and markets Chinese, Thai, Italian, Indian and European processed food | $40.4M | 59/100 | |
6th | Masterchow 2020, Delhi (India), Series A | Internet-first brand offering multi-category sauces | $11.6M | 57/100 | |
7th | Brand of sauces, dips and restaurant serving pasta | $1.65M | 55/100 | ||
8th | Nilons Enterprises 1962, Pune (India), Late Stage | Internet first brand of pickles, spices, instant mixes, and ready-to-cook food products | $36.5M | 53/100 | |
9th | Internet-first brand offering spreads | $1.34M | 49/100 | ||
10th | Online brand offering hot sauces and spice blends | $4.14M | 49/100 | ||
11th | Adinath Agro 1995, Pune (India), Series A | Manufacturing of food pulp, ketchup, jam, pickles in India | $3.26M | 48/100 |
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Adinath Agro's Investments and acquisitions
Adinath Agro has made no investments or acquisitions yet.
Reports related to Adinath Agro
Here is the latest report on Adinath Agro's sector:
News related to Adinath Agro
•
Adinath Agro raises series A investment from Carpediem Capital.Indiatimes•Jan 22, 2018•Adinath Agro, Carpediem Capital
•
•
India’s Adinath Agro Closes On Series A Led By Carpediem CapitalGlobal AgInvesting•Dec 22, 2015•Adinath Agro, Carpediem Capital, Infina Finance, Candle Partners and 1 other
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