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Manam Chocolate - About the company

Manam Chocolate is a series A company based in Hyderabad (India), founded in 2023 by Chaitanya Muppala. It operates as a Manufacturer of Indian craft chocolate tablets, bonbons, thins, and spreads. Manam Chocolate has raised $3.5M in funding. The company has 200 active competitors, including 7 funded and 8 that have exited. Its top competitors include companies like The Hershey Company, Morde and Cadbury.

Company Details

Manufacturer of Indian craft chocolate tablets, bonbons, thins, and spreads. The company offers various chocolate selections, including single origin, inclusion, and blended varieties. It provides assortments, bonbons, palettes, thins, clusters, barks, and dragees. Drinking chocolate and chocolate spreads are also available.
Email ID
*****@manamchocolate.com, *****@manamchocolate.com
Phone Number
+91 **********
Registered Address
Plot No. 490,491, 492 Block No-31, VI Phase, KPHB Colony, Kukatpally, Rangareddi, HYDERABAD, Telangana, India, 500072
Key Metrics
Founded Year
2023
Location
Hyderabad, India
Stage
Series A
Total Funding
$3.5M in 1 round
Latest Funding Round
Ranked
Annual Revenue
₹230Cr as on Mar 31, 2025
Employee Count
1,170 as on Aug 31, 2025
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Manam Chocolate's funding and investors

Manam Chocolate has raised a total funding of $3.5M over 1 round.

Here is the list of recent funding rounds of Manam Chocolate:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 09, 2026
3991801
Series A
2031019
7265122
4624199
3330119
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Manam Chocolate's founders and board of directors

Founder? Claim Profile
The founders of Manam Chocolate is Chaitanya Muppala.
Here are the details of Manam Chocolate's key team members:

Manam Chocolate's employee count trend

Manam Chocolate has 1,170 employees as of Aug 25. The total employee count is 16.0% more than what it was in Aug 24. Here is Manam Chocolate's employee count trend over the years:
Employee count trend for Manam Chocolate
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Manam Chocolate's Competitors and alternates

Top competitors of Manam Chocolate include The Hershey Company, Morde and Cadbury. Here is the list of Top 10 competitors of Manam Chocolate, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for The Hershey Company
The Hershey Company
1894, Hershey (United States), Public
Manufacturer and brand of confectionery products
-
61/100
2nd
Logo for Manam Chocolate
Manam Chocolate
2023, Hyderabad (India), Series A
Manufacturer of Indian craft chocolate tablets, bonbons, thins, and spreads
$3.5M
-
58/100
3rd
Logo for Morde
Morde
1983, Mumbai (India), Unfunded
Brand of chocolates
-
-
57/100
4th
Logo for Cadbury
Cadbury
1824, Bournville (United Kingdom), Acquired
Brand of confectionery
-
54/100
5th
Logo for Lotus Chocolate Company
Lotus Chocolate Company
1992, Hyderabad (India), Acquired
Manufactures and sells processed chocolates products.
-
-
53/100
6th
Logo for Lotte India
Lotte India
2004, Chennai (India), Unfunded
Manufactures and markets confectionery goods
-
-
51/100
7th
Logo for Smoor Chocolates
Smoor Chocolates
2015, Bengaluru (India), Acquired
Brand offering sweets, chocolate and dessert
$7.76M
50/100
8th
Logo for Hershey
Hershey
1997, Mumbai (India), Unfunded
Brand of chocolates, syrups, spreads, cocoa, and milkshake products
-
-
48/100
9th
Logo for LIL' Goodness
LIL' Goodness
2019, Bengaluru (India), Seed
Internet first brand offering multi-category healthy snacks
$3.02M
45/100
10th
Logo for Ruchoks
Ruchoks
2009, Mumbai (India), Unfunded
Online platform offering handmade chocolates and related confections
-
-
44/100
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Manam Chocolate's Investments and acquisitions

Manam Chocolate has made no investments or acquisitions yet.

Reports related to Manam Chocolate

Here is the latest report on Manam Chocolate's sector:

News related to Manam Chocolate

Media has covered Manam Chocolate for a total of 3 events in the last 1 year, 2 of them have been about company updates.
Chocolate | The art of craftIndia TodayAug 19, 2023Manam Chocolate
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FAQs about Manam Chocolate

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