When was Iscon Balaji Foods founded?

Iscon Balaji Foods was founded in 2012 and raised its 1st funding round 14 years after it was founded.

Where is Iscon Balaji Foods located?

Iscon Balaji Foods is headquartered in Ahmedabad, India. It is registered at 608 & 609 Time Square Arcade, Opp. Rambaugh, Nr. Ravija Plaza, Thaltej-Shilaj Road, T, haltej, Ahmedabad, Ahmedabad, Gujarat, India, 380059.

Who is the current CEO of Iscon Balaji Foods?

Neel Kotak of Iscon Balaji Foods. They have also founded 1 company.

Which legal entities is Iscon Balaji Foods associated with?

Iscon Balaji Foods is associated with ISCON BALAJI FOODS PRIVATE LIMITED.

How many employees does Iscon Balaji Foods have?

As of Aug 31, 2025, the latest employee count at Iscon Balaji Foods is 1121.

Is Iscon Balaji Foods a funded company?

Iscon Balaji Foods is a funded company, having raised a total of $215M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 10, 2026.

How much is Iscon Balaji Foods worth?

The latest valuation of Iscon Balaji Foods is $***** as of Jan 21, 2026.

When was the latest funding round of Iscon Balaji Foods?

Iscon Balaji Foods' latest funding was a $***** Series A round on May 19, 2026, with participation from 1 investor.

What is the annual revenue of Iscon Balaji Foods?

Annual revenue of Iscon Balaji Foods is more than ₹1,000 Cr as on Mar 31, 2025

Where does Iscon Balaji Foods rank among its competitors?

Iscon Balaji Foods ranks 1st amongst 58 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Iscon Balaji Foods, which secured $150M in May, 2026.

Who are the top competitors of Iscon Balaji Foods?

Iscon Balaji Foods' top competitors include Lamb Weston, Aviko and Clarebout Potatoes. Among them, Iscon Balaji Foods secured the most recent funding round in May, 2026.

Iscon Balaji Foods - 2026 Company Profile, Team, Funding, Competitors & Financials

Iscon Balaji Foods is a series A company based in Ahmedabad (India), founded in 2012 by Neel Kotak. It operates as a Manufacturer of dehydrated potato flakes and frozen potato-based food products. Iscon Balaji Foods has raised $215M in funding from 360 One, with a current valuation of $*****. The company has 58 active competitors, including 4 funded and 5 that have exited. Its top competitors include companies like Lamb Weston, Aviko and Clarebout Potatoes.

Company Details

Manufacturer of dehydrated potato flakes and frozen potato-based food products. The company provides dehydrated potato flakes suitable as a substitute for boiled potatoes. Its frozen food offerings include French fries and specialty potato products. The company’s products fit into a wide range of menus.

Website: isconbalajifoods.com
Social
Email ID: *****@isconbalajifoods.com
Phone Number: +91 **********
Registered Address: 608 & 609 Time Square Arcade, Opp. Rambaugh, Nr. Ravija Plaza, Thaltej-Shilaj Road, T, haltej, Ahmedabad, Ahmedabad, Gujarat, India, 380059

Key Metrics

Founded Year

2012

Location

Ahmedabad, India

Stage

Series A

Total Funding

$215M in 2 rounds

Latest Funding Round

Series A, May 19, 2026, $*****

Post Money Valuation

$***** as on Jan 21, 2026

Investors

360 One & 2 more

Ranked

1^st among 58 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

1,121 as on Aug 31, 2025

Similar Companies

Lamb Weston & 57 more

View Iscon Balaji Foods' full profile

Iscon Balaji Foods is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ISCON BALAJI FOODS PRIVATE LIMITED CIN: U15400GJ2012PTC068764 , India, Active	Jan 25, 2012	₹1,000+ Cr (As on Mar 31, 2025)	1169 (As on Mar 01, 2026)

Iscon Balaji Foods has raised a total funding of $215M over 2 rounds. Its first funding round was on Jan 10, 2026. Its latest funding round was a Series A round on May 19, 2026 for $*****. 1 investor participated in its latest round. Iscon Balaji Foods has 3 institutional investors.

Here is the list of recent funding rounds of Iscon Balaji Foods:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 19, 2026	3765184	Series A	9491403	4342073	4423782	6017785
Jan 10, 2026	2548908	Series A	8913449	5252353	360 One	8281673

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View details of Iscon Balaji Foods's funding rounds and investors

The founders of Iscon Balaji Foods is Neel Kotak. Neel Kotak is the CEO of Iscon Balaji Foods.

Here are the details of Iscon Balaji Foods' key team members:

Neel Kotak: Founder & CEO of Iscon Balaji Foods. They serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number

Iscon Balaji Foods' Board of Directors

Iscon Balaji Foods's board has 4 active members. Neel Kotak is part of team and Jayeshkumar Talakshibhai Kotak, Pravinchandra Talakshibhai Kotak and Bharatkumar Ishwarlal Kotak are independent board members.

Here is the list of Iscon Balaji Foods' board of directors:

Name	Type	Representing	Status	Duration
azmmrbw	Team	-	Past	8y 2m
Jayeshkumar Talakshibhai Kotak	Independent board member	-	Current	14y 7m
jjthwqs	Independent board member	-	Current	6y 2m
of{ndfn	Independent board member	-	Past	9y 5m

View details of Iscon Balaji Foods's Founder profiles and Board Members

Iscon Balaji Foods' employee count trend

Iscon Balaji Foods has 1,121 employees as of Aug 25. The total employee count is 31.0% more than what it was in Aug 24. Here is Iscon Balaji Foods's employee count trend over the years:

Employee count trend for Iscon Balaji Foods

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Top competitors of Iscon Balaji Foods include Lamb Weston, Aviko and Clarebout Potatoes. Here is the list of Top 10 competitors of Iscon Balaji Foods, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Iscon Balaji Foods 2012, Ahmedabad (India), Series A	Manufacturer of dehydrated potato flakes and frozen potato-based food products	$215M	360 One, Advent International & 1 others	67/100
2nd	Lamb Weston 1950, Richland (United States), Public	Produces and markets value-added frozen potato products worldwide	-	KCM Investment Advisors, Rothschild & 1 others	57/100
3rd	Aviko 1962, Bronckhorst (Netherlands), Unfunded	Potato processing company	-	-	50/100
4th	Clarebout Potatoes 1988, Nieuwkerke (Belgium), Unfunded	Provider of frozen potato products	-	-	50/100
5th	Hyfun Foods 2010, Ahmedabad (India), Late Stage	Producer of potato based frozen food	-	-	44/100
6th	Farther farms 2016, Ithaca (United States), Funding Raised	Manufacturer of shelf-stable, fresh-cut French fries	-	Also Capital, Dorm Room Fund & 4 others	40/100
7th	Funwave 2018, Morbi (India), Unfunded	Producer and supplier of frozen food products	-	-	37/100
8th	PEPEES 2001, Poznan (Poland), Public	Distributors of food & beverages products	-	Rubicon Partners	37/100
9th	Lutosa 1978, Leuze-en-Hainaut (Belgium), Unfunded	Potato processing company offering a wide range of frozen French fries and specialties	-	-	33/100
10th	Goodrich Cereals 2015, Karnal (India), Unfunded	Manufacturer of dehydrated potato products including flakes, granules, semolina, and pieces	-	-	33/100

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Founders own 15.63%, Funds own 7.10%, Other People (largest shareholder) own 74.14% and ESOP Pool own 3.13%. The net worth of Iscon Balaji Foods's founders is INR 882Cr as of Jan 10, 2026.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	15.63%	882Cr	4303082	1212398	3187557	8025351
Neel Kotak	5583469	2946184	7260329	4492834	6218534	1143998
Fund	7.10%	400Cr	6537861	5340329	4954009	8303847
360 One	280	852	933	529	313	181
Other People	74.14%	4,180Cr	6071569	4693506	8416771	7403871
ESOP Pool	3.13%	177Cr	476	300	496	311
Total	100.00%	5,640Cr	4411480	9278626	1613620	6903972