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Manna Foods - About the company

Manna Foods is an acquired company based in Chennai (India), founded in 2012 by Nazar Isak and Syed Sajan. It operates as a Brand offering a spectrum of health-centric, multigrain, millet‑based foods and beverages. Manna Foods has raised $33.7M in funding from investors like Fulcrum PE, MAPE and Nhpea Summer Holdings B V, with last known valuation of *****. The company has 108 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Mille super grains, Tru Millets and HealthSutra.

Company Details

Brand offering a spectrum of health-centric, multigrain, millet‑based foods and beverages. The product portfolio includes Manna Health Mix, Go Grain Crunchies, Kids' Nutritional Drink, iStrong Women’s Health Drink, and Rich Baby Cereal tailored for babies, kids, women, and general wellness.
Social
XFacebook
Email ID
*****@mannafoods.in
Phone Number
+91 **********
Registered Address
PrestigeShantiniketan,The Business Precint,Tower C 16th Floor,Whitefield Main Road,Mahadevp, ura Post, Bangalore, Bangalore, Karnataka, India, 560048
Key Metrics
Founded Year
2012
Location
Chennai, India
Stage
Acquired
Total Funding
$33.7M in 4 rounds
Latest Funding Round
Last Known Valuation
***** as on Mar 08, 2022
Investors
Ranked
Annual Revenue
₹110Cr as on Mar 31, 2025
Employee Count
500 as on May 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Reliance Consumer Products (Feb 10, 2026)

Manna Foods's acquisition details

Manna Foods got acquired by Reliance Consumer Products on Feb 10, 2026.
Click here to take a look at Manna Foods's acquisition in detail
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Manna Foods's funding and investors

Manna Foods has raised a total funding of $33.7M over 4 rounds. Its first funding round was on May 13, 2015. Its latest funding round was a Series B round on Mar 08, 2022 for $*****. 19 investors participated in its latest round. Manna Foods has 21 institutional investors and 18 angel investors.

Here is the list of recent funding rounds of Manna Foods:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 08, 2022
8241397
Series B
7371978
5778153
5078631
4146157
Jan 05, 2018
7103440
Series B
2606957
3136412
6135995
8730417
Nov 14, 2016
6041005
Series A
3262517
4785246
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Manna Foods' founders and board of directors

Founder? Claim Profile
The founders of Manna Foods are Nazar Isak and Syed Sajan. Murugan S is the CEO of Manna Foods.
Here are the details of Manna Foods' key team members:

Manna Foods' Board of Directors

Manna Foods's board has 8 active members. Raghunandan Sathyanarayanan Rao, Murugan Narayanaswamy, Raghunandhansathyanarayan Rao, K R Krishna, Arjun Saigal, Arjun Saigal, Murugan S and 08796531 are part of team.
Here is the list of Manna Foods' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 4m
Team
-
Current
5y 10m
Team
-
Current
8y 4m
Team
-
Current
5y 9m
fnftbog
Team
-
Past
9y 2m
dxewofb
Team
-
Past
6y 4m
evchthe
Team
-
Past
3y 6m
lun{nsk
Team
-
Current
9y 9m
Investor
-
Current
5y 9m
Investor
-
Current
8y 4m
mfzalma
Investor
ooczcgf
Past
4y 9m

Manna Foods' employee count trend

Manna Foods has 500 employees as of May 25. The total employee count is 5.0% lower than what it was in May 24. Here is Manna Foods's employee count trend over the years:
Employee count trend for Manna Foods
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Manna Foods's Competitors and alternates

Top competitors of Manna Foods include Mille super grains, Tru Millets and HealthSutra. Here is the list of Top 10 competitors of Manna Foods, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mille super grains
Mille super grains
2022, Gurugram (India), Seed
Online brand offering gluten-free products using supergrains
-
-
51/100
2nd
Logo for Manna Foods
Manna Foods
2012, Chennai (India), Acquired
Brand offering a spectrum of health-centric, multigrain, millet‑based foods and beverages
$33.7M
50/100
3rd
Logo for Tru Millets
Tru Millets
2018, Bengaluru (India), Acquired
Online brand offering multi category organic millet based products
$37K
-
47/100
4th
Logo for HealthSutra
HealthSutra
2014, Hyderabad (India), Seed
Manufacturer of millet-based breakfast and snack foods
$709K
42/100
5th
Logo for Millex
Millex
2022, Chikmagalur (India), Unfunded
Manufacturer offering millet‑based health mixes and instant breakfast products
-
-
41/100
6th
Logo for Nutrivise
Nutrivise
2023, Bengaluru (India), Unfunded
Retailer of millet-based foods
-
-
40/100
7th
Logo for Naario
Naario
2021, Delhi (India), Seed
Retailer of flours, snacks, cereals, and beverages focused on nutrition
$336K
39/100
8th
Logo for The Millet Bazaar
The Millet Bazaar
2020, Hyderabad (India), Unfunded
Online retailer offering multi-category millet-made grocery products
-
-
39/100
9th
Logo for Desinutri Foods
Desinutri Foods
2021, Hyderabad (India), Unfunded
Brand of millets based food products
-
-
37/100
10th
Logo for Vinessence
Vinessence
2023, Coorg (India), Unfunded
Online platform offering organic millets and nutritious food
-
-
36/100
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Manna Foods's Latest cap tables and shareholding

Founders own 5.27%, Funds (largest shareholder) own 87.71%, Enterprises own 1.17% and Angels own 5.29%. The net worth of Manna Foods's founders is INR 10.4Cr as of Mar 08, 2022.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
5.27%
10.4Cr
17917
29400
87466
68262
2
6
4
5
1
4
6
1
1
5
7
4
Fund
87.71%
173Cr
5215516
9333708
3666339
6311128
3986578
1956194
5225209
2844600
4286133
6620267
Enterprise
1.17%
2.32Cr
8
1
5
5
Angel
5.29%
10.4Cr
12452
93371
17431
74924
0
0
0
0
0
0
ESOP Pool
0.56%
1.11Cr
0
0
0
0
Total
100.00%
197Cr
5310335
6663108
6351705
7536099
lockTo unlock detailed Cap Table of Manna Foods Sign up today!
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Manna Foods's Shareholding

Manna Foods's Investments and acquisitions

Manna Foods has a total of 1 investment in Hedgehog. Manna Foods has not made any acquisitions as of now.

News related to Manna Foods

lockFilter this list
Media has covered Manna Foods for a total of 3 events in the last 1 year, 1 of them has been about partnerships.
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