TopsIndia - About the company
TopsIndia is an acquired company based in Delhi (India), founded in 1984 by Brij M Seth and Chand Seth. It operates as an Internet first brand of multi category food & beverages. TopsIndia has raised $354K in funding from Artillegence Bio Innovation, with last known valuation of $*****. The company has 1357 active competitors, including 50 funded and 32 that have exited. Its top competitors include companies like Sweet Karam Coffee, Wingreens World and Hector Beverages.
Company Details
Internet first brand of multi category food & beverages. It offers a wide of products include tomato ketchup, jams, pickles, corn flakes, instant mixes, custard powders, jellies, culinary sauces, vinegar, noodles, vermicelli, cookies, and muffins.
- Website
- www.tops.in/
- Email ID
- *****@tops.in
- Phone Number
- +91 **********
- Registered Address
- Plot No.119, C-1-Block, Janakpuri, West Delhi, New Delhi, Delhi, India, 110058
Key Metrics
Founded Year
1984
Location
Delhi, India
Stage
Acquired
Total Funding
$354K in 1 round
Latest Funding Round
Last Known Valuation
$***** as on Mar 04, 2025
Investors
Ranked
10th among 1357 active competitors
Annual Revenue
₹424Cr as on Mar 31, 2025
Employee Count
682 as on Aug 31, 2024
Exit Details
Acquired by AWL Agri Business (Mar 04, 2025)
Legal entities associated with TopsIndia
TopsIndia is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
G.D. FOODS MANUFACTURING (INDIA) PRIVATE LIMITED CIN: U74899DL1997PTC089673 , India, Active | Sep 15, 1997 | $50.2M (As on Mar 31, 2025) | 558 (As on Sep 30, 2024) |
TopsIndia's acquisition details
TopsIndia got acquired by AWL Agri Business on Mar 04, 2025 at an acquisition amount of $69.3M. It was facilitated by JSA, Cyril Amarchand Mangaldas, Equirus Capital and 2 more.
Click here to take a look at TopsIndia's acquisition in detail
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TopsIndia's funding and investors
TopsIndia has raised a total funding of $354K over 1 round. Its latest funding round was a Unattributed round on Dec 02, 2010 for $*****. 2 investors participated in its latest round. TopsIndia has 2 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of TopsIndia:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 02, 2010 | 5572447 | Unattributed | 3842648 | 2432767 | 9169321 | 3707083 |
View details of TopsIndia's funding rounds and investors
TopsIndia's founders and board of directors
Founder? Claim ProfileHere are the details of TopsIndia's key team members:
- Brij M Seth: Co-Founder of TopsIndia. They serve on the board of 1 company.Contact Info: 1 email address
- Chand Seth: Co-Founder of TopsIndia. They serve on the board of 1 company.Contact Info: 1 email address
TopsIndia's Board of Directors
TopsIndia's board has 5 active members. Brij M Seth, Chand Seth and Nitin Seth are part of team and Jatinder Pal Singh and Murali Krishna Madhavapeddi are independent board members.Here is the list of TopsIndia's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 28y 6m | |
Team | - | Current | 28y 6m | |
Team | - | Current | 23y 8m | |
Independent board member | - | Current | 5y 2m | |
ivpjgs{ | Independent board member | - | Current | 8y 2m |
{tdaovj | Independent board member | - | Current | 3y 2m |
aavkgdn | Independent board member | - | Past | 6y 1m |
View details of TopsIndia's Founder profiles and Board Members
TopsIndia's employee count trend
TopsIndia has 682 employees as of Aug 24. The total employee count is 12.0% more than what it was in Aug 23. Here is TopsIndia's employee count trend over the years:
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TopsIndia's Competitors and alternates
Top competitors of TopsIndia include Sweet Karam Coffee, Wingreens World and Hector Beverages. Here is the list of Top 10 competitors of TopsIndia, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sweet Karam Coffee 2015, Chennai (India), Series A | Retailer of South Indian snacks and sweets | $15M | 74/100 | |
2nd | Wingreens World 2011, Gurugram (India), Series D | Online retailer of better-for-you food and beverage products | $66.4M | 74/100 | |
3rd | Hector Beverages 2009, Bengaluru (India), Series D | Retailer of beverages, dry fruits, and nut-based food products | $185M | 71/100 | |
4th | Two Brothers Organic Farms 2014, Pune (India), Series B | Online brand offering a range of organic and natural food products | $25.1M | 70/100 | |
5th | Online brand offering natural food products | $10.9M | 68/100 | ||
6th | Yu Foodlabs 2020, Gurugram (India), Series B | Online retailer of instant meal bowls, noodles, pasta, and juices | $14.9M | 66/100 | |
7th | Provider of diversified products across FMCG, paperboards, packaging, agri-business, and IT | - | 65/100 | ||
8th | Brand of food & beverage products | $41.1M | 64/100 | ||
9th | Open Secret 2019, Mumbai (India), Series B | Online retailer of assorted nuts, cookies, biscuits, and protein products | $14.2M | 61/100 | |
10th | Internet first brand of multi category food & beverages | $354K | 61/100 |
Looking for more details on TopsIndia's competitors? Click here to see the top ones
TopsIndia's Investments and acquisitions
TopsIndia has made no investments or acquisitions yet.
Reports related to TopsIndia
Here is the latest report on TopsIndia's sector:
News related to TopsIndia
•
Adani Wilmar to acquire GD Foods Manufacturing at Rs 603 croreIndiatimes•Mar 14, 2025•AWL Agri Business, TopsIndia, GD Foods & Beverages
•
Can Adani Wilmar’s FMCG bet deliver long-term gains?Livemint•Mar 07, 2025•AWL Agri Business, TopsIndia
•
Adani Wilmar To Acquire Gd Foods, Owner Of Brand ‘Tops’Marketing Mind•Mar 05, 2025•AWL Agri Business, TopsIndia, GD Foods & Beverages
•
Adani Wilmar to acquire GD Foods, owner of prominent FMCG brand 'Tops'Moneycontrol•Mar 04, 2025•TopsIndia, AWL Agri Business, GD Foods & Beverages
•
TOPS Partners with Horn OK Please, Joins the 13th Edition of India's Happiest Food FestivalAsian News International•Nov 14, 2024•Hornokpleasefest, TopsIndia
•
G.D. Foods Marks its Presence in Dubai as Official Condiment Partner of India-GCC Buyer Seller MeetBusiness News This Week•Jul 20, 2024•TopsIndia
•
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