Company lists
The Vadodara edition · 2026

Consumer goodscompanies in Vadodara

Food & beverage, beauty & personal care, apparel, home & durables, accessories and more: the companies building consumer goods in Vadodara, Gujarat, with their founders, funding, team size and business models.

98 company profiles40 with reported revenue2 with recorded fundingOctober 2026 edition
Vadodara · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent consumer goods business events in India

Funding, M&A, contract wins and launches involving 19,060 consumer goods companies in India, last 24 months: 512 M&A deals · 236 funding rounds · 226 Contracts · 138 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

LaunchBeer

Medusa Beverages

Beer maker Medusa Beverages has entered South India, launching in Karnataka with plans for extensive retail reach.

Beer
LaunchNaturally degradable milk pouch (Cow Milk variant)

Mother dairy

Mother Dairy has announced the launch of what it describes as India's first naturally degradable milk pouch in soil. The packaging innovation will be introduced through the company's Cow…

Dairy / Packaging
FundingFollow-on

Agilitas

Agilitas, the sportswear platform built from India, has raised Rs 225 crore through a Rs 200 crore follow-on investment from Nexus Venture Partners and a Rs 25 crore investment from…

Investors Nexus venture partners, Rainmatter by Zerodha
Sportswear
FundingDebt Investment

Licious

InnoVen Capital on Thursday announced making a debt investment in Licious with an investment worth Rs. 12 crores.

Investors Innoven capital
Gourmet Meat / Food Supply Chain
Launch25th Store

Newme

NEWME Opens 25th Store In India, Expands Retail Presence With Vadodara Launch Fashion-tech brand NEWME has achieved a major retail milestone with the launch of its new...

Fashion-tech Retail
M&AAcquisition · Announced

L'Oreal India acquires Innovist

L'Oreal India is in advanced talks to acquire a majority stake in Innovist, the parent company of direct-to-consumer beauty brands like Bare Anatomy.

Beauty
M&AAcquisition · Announced

Popees baby care acquires Popees Baby Care Products

The Board of Popees Baby Care India Limited (formerly Hari Govind International Limited) has considered and deliberated upon a proposed strategic acquisition and investment transaction…

Baby care and kidswear
M&AAcquisition · Completed

Emami acquires Incnut digital

Emami Limited has completed the acquisition of a 59.69% stake in IncNut Digital Private Limited, according to an exchange filing dated 1 June 2026.

LaunchGamber Valley Indian Single Malt Whisky

Alcobrew distilleries india

Alcobrew Distilleries India Limited has made its formal entry into the luxury segment with the launch of Gamber Valley Indian Single Malt Whisky, a range built around Himalayan…

Whisky
M&AAcquisition · Announced

Wipro acquires Agnne Global

Wipro (WIPRO:NSI), a Bengaluru, India-based IT services provider, is acquiring an additional 20% stake in Aggne Global, an IT services provider in the property and casualty insurance…

IT services
FundingSeries D Extension

Blue Tokai

Blue Tokai raises new investment to advance global growth ambitions The Gurugram-based specialty coffee group has raised an additional Rs 175 Cr ($19m) in an extension of its Series D…

Coffee
M&AAcquisition · Pending

Wipro acquires Aggne Global

Wipro (WIPRO:NSI), a Bengaluru, India-based IT services provider, is acquiring an additional 20% stake in Aggne Global, an IT services provider in the property and casualty insurance…

IT services / property and casualty insurance
M&AAcquisition · Completed

Legrand acquires Usystems

Legrand said acquiring USystems' entire portfolio, including its ColdLogik cooling technology, strengthens Legrand's position in providing added-value solutions in the data center market.

Cooling solutions
M&AAcquisition · Announced

Blue star acquires Blue Star Qatar W.L.L. (BSQ)

Blue Star Limited has announced its decision to acquire the remaining 51% shareholding in its subsidiary, Blue Star Qatar W.L.L. (BSQ), from Al Malki Trading & Contracting Co. (ATC).

Design, engineering, installation, maintenance, and contracts related to mechanical, electrical, and plumbing systems
M&AAcquisition · Announced

Smart services acquires Sharp india

In April 2026, Sharp Corporation Japan signed a share purchase agreement with Smart Services Private Limited to divest 1.94 crore shares in Sharp India at a transaction value of Rs 19.46…

Electronics
M&AAcquisition · Announced

Legrand acquires SRS Power Engineering

Legrand acquires SRS Power Engineering, enhancing its critical power infrastructure for Asian datacenters and industrial applications as part of its strategic growth plan.

Power Engineering
M&AAcquisition · Rumored

Aditya birla group acquires Crompton greaves consumer electricals

The Aditya Birla Group is among the parties in contention to acquire a majority stake in Crompton Greaves Consumer Electricals Limited, CNBC-TV18 reported on May 15, in what would…

Consumer Electricals
M&AAcquisition · Completed

The Estée Lauder Cos. acquires Forest essentials

The Estée Lauder Cos., for example, recently entered into an agreement to acquire the remaining 51 percent of Indian ayurvedic beauty brand Forest Essentials.

Beauty
M&AAcquisition · Announced

Emami acquires Incnut digital

For Rs 321 crore, FMCG giant Emami Ltd has finalized a deal to purchase a 60% share in IncNut Digital, the parent company of customized beauty and wellness brands Vedix and SkinKraft.

Beauty and wellness
M&AAcquisition · Announced

Wingreens acquires Safe harvest

Indian packaged food and beverage company Wingreens has acquired pesticide-free food brand Safe Harvest through a share swap deal

Food & Beverage
M&AAcquisition · Completed

Arvind acquires Dalco-GFT

Snow Peak Capital has sold Dalco-GFT to Arvind Ltd

Nonwovens
M&AAcquisition · Completed

Bajaj electricals acquires Morphy richards

Bajaj Electricals Limited has acquired the 'Morphy Richards' brand and its associated intellectual property rights from Glen Electric Limited, in India, Bhutan, Bangladesh, Nepal, Sri…

Consumer electricals and appliances
FundingPre-seed

MHYTH

MHYTH secured ₹5 crore (~$600,000) in pre‑seed funding , backed by a Mumbai‑based single‑family office led by businessman Mohammed Asief Khan.

Investors Mohammed Asief Khan
Fashion - Luxury Innerwear
FundingAngel investment

Rosier Foods

Rosier Foods Secures Angel Investment from Aman Gupta A2 Gir cow ghee and organic pantry brand Rosier Foods has secured investment from boAt co-founder Aman Gupta through his venture…

Food, organic pantry brand
ContractService

Dentsu · client: Creambell

Ice cream brand Creambell has awarded its integrated media and creative mandate to Dentsu, according to sources. The account, estimated to be worth close to Rs 40 crore, was previously…

FundingSeries A

Kisah

Kisah Raises ₹35.9 Cr in Series A Round Men's and kids' ethnic wear brand Kisah has raised ₹35.9 crore in a Series A round led by Fireside Ventures, with several individual investors…

Investors Fireside ventures, Several individual investors
Ethnic wear
M&AAcquisition · Completed

United spirits limited acquires Royal Challengers Bengaluru

The acquisition of Royal Challengers Bengaluru (RCB) in March, for instance, had included both the men’s Indian Premier League franchise and the Women’s Premier League franchise, from…

Sports/Cricket Franchise
ContractSupply

Dalian Shipbuilding · client: Cosco

Cosco is also backing a dozen 9,200 teu and four 3,100 teu vessels Greek tonnage provider Costamare commissioned at Dalian Shipbuilding.

Shipping

Consumer goods companies in Vadodara, by revenue

Browse consumer goods companies in Vadodara by reported revenue, one-year revenue growth, revenue model, age and stage. The 40 companies below are the largest by their most recent reported revenue among 40 consumer goods companies in Vadodara, Gujarat that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 40

Company that designs, manufactures, and sells dinnerware, glassware, and ceramic products

Household durables
US$49.93mDec 2022
Not reported
—Not available
56 yr1970
—No postings tracked

Fans, water heater and iron manufacturer

Household durables
₹358.57 crFY 2023-24
Not reported
97-1% 12 mo to Sep 2024LinkedIn · Oct 2026
58 yr1968
—No postings tracked

Manufacturer of children's art and craft kits, stationery, toys, and games

Baby & kids products
₹350.85 crFY 2024-25
+42%2024–2025
136+20% 12 mo to Sep 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Manufacturer of LED lights

Diversified consumer electronics brands
₹260.88 crFY 2024-25
+12%2024–2025
1,905+25% 12 mo to Sep 2024recorded Sep 2024
18 yr2008
0none in 3 months

Manufacturer of castor oils and castor oil cake

Food & beverage products
₹210.21 crFY 2021-22
Not reported
—Not available
32 yr1994
—No postings tracked

Manufacturer of oral care & surface care products

Home care products
₹185.82 crFY 2022-23
Not reported
377-2% 12 mo to Sep 2024recorded Sep 2024
33 yr1993
0none in 3 months

Manufacturer, supplier, and exporter of a variety of vinyl flooring, bike seat covers, and designer flooring

Home furnishing products
₹153.43 crFY 2021-22
Not reported
247-54% 12 mo to Sep 2024recorded Sep 2024
64 yr1962
—No postings tracked

Vasu Healthcare, Vadodara based emerging leader in Herbal Healthcare segment have won the prestigious Trailblazers Brand Innovator Awards 2010. vasustore.in

Beauty & personal care products
₹128.72 crFY 2021-22
Not reported
485+0% 12 mo to Sep 2024recorded Sep 2024
46 yr1980
—No postings tracked

Manufacturer and exporter of castor oil derivatives

Food & beverage products
₹127.30 crFY 2024-25
-6%2024–2025
16+15% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Brand of tooth brushes

Beauty & personal care products
₹110.64 crFY 2022-23
Not reported
10+11% 12 mo to Sep 2024recorded Sep 2024
40 yr1986
—No postings tracked

Manufacturer & brand of flour

Food & beverage products
₹86.24 crFY 2024-25
-14%2024–2025
16recorded Aug 2023
31 yr1995
0none in 3 months

Manufacturer of dairy products

Food & beverage products
₹73.42 crFY 2024-25
+20%2024–2025
232+73% 12 mo to Jul 2024LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Brand of readymade garments, including women's, men's, and ethnic wear

Apparel brands
₹60.62 crFY 2021-22
Not reported
439+17% 12 mo to Aug 2024recorded Aug 2024
8 yr2018
—No postings tracked

Internet first brand offering extruded snacks

Food & beverage products
₹61.65 crFY 2024-25
+4%2024–2025
194-44% 12 mo to Sep 2024recorded Sep 2024
35 yr1991
0none in 3 months

Brand of home furnishing products

Home furnishing products
₹54.50 crFY 2024-25
+0%2024–2025
67+9% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Manufacturer and supplier of specialty chemicals, primarily UV filters and sunscreen ingredients, for the cosmetics industry

Beauty & personal care products
₹40.28 crFY 2021-22
Not reported
58-11% 12 mo to Jun 2024recorded Jun 2024
32 yr1994
—No postings tracked

Multi-category food & beverage company

Food & beverage products
₹33.28 crFY 2024-25
+12%2024–2025
6LinkedIn · Oct 2026
10 yr2016
0none in 3 months

Brand of ethnic wear for men and women

Apparel brands
₹27.41 crFY 2021-22
Not reported
110+7% 12 mo to Sep 2024recorded Sep 2024
32 yr1994
—No postings tracked

Brand of tooth brushes

Beauty & personal care products
₹24.74 crFY 2021-22
Not reported
5-17% 12 mo to Sep 2024recorded Sep 2024
30 yr1996
—No postings tracked

Retailer of Indian ethnic wear for men and women

Apparel brands
₹25.19 crFY 2024-25
+8%2024–2025
—Not available
5 yr2021
0none in 3 months

Brand of home care products

Home care products
₹22.64 crFY 2024-25
-29%2024–2025
—Not available
16 yr2010
0none in 3 months

Provider of hydration solutions

Food & beverage products
₹20.71 crFY 2023-24
+21%2023–2024
38-7% 12 mo to Jul 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Feb 2026

Manufacturer and retailer of packaged snacks

Food & beverage products
₹17.74 crFY 2024-25
+6%2024–2025
10-37% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer of sweets

Food & beverage products
₹16.25 crFY 2024-25
+16%2024–2025
2LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Brand of mattresses, pillows and beds

Home furnishing products
₹10.77 crFY 2024-25
+19%2024–2025
32LinkedIn · Oct 2026
11 yr2015
0none in 3 months
40 of 98 companies shown here · the full list is on Radar
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Explore all 98 consumer goods companies in Vadodara on Radar

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  • Every company, not just 50All 98 consumer goods companies in Vadodara, filterable by stage, funding, team size, revenue model and age.
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Explore consumer goods companies in Vadodara by what you are looking for

Browse consumer goods companies in Vadodara across fast moving consumer goods and durable consumer goods, from food and beverage brands to beauty, apparel and home products. Find consumer products brands and manufacturers based in the city.

9 ways to explore consumer goods in Vadodara

Food & beverage brands (FMCG)Beauty, personal care & home care productsApparel & fashion brandsHome furnishing & household durablesJewellery, watches & fashion accessoriesBaby, kids, stationery & gifting products

Food & beverage brands (FMCG)

Packaged food, snacks, dairy and beverage makers in the fast moving consumer goods space.

  1. Janani Foodtek

    Manufacturer & brand of flour

    Food & beverage products
    See in list
  2. B.B. Dairy Products

    Manufacturer of dairy products

    Food & beverage products
    See in list
  3. HaloSnacks

    Internet first brand offering extruded snacks

    Food & beverage products
    See in list
  4. Manpasand Beverages

    Manufacturer of fruit juices in various beverage segments

    Food & beverage products
    Website
  5. Shankar Masala

    Brand of spices & seasonings

    Food & beverage products
    Website

Beauty, personal care & home care products

Skincare, oral care, fragrance and home care brands sold to consumers.

  1. Jewel Consumer Care

    Manufacturer of oral care & surface care products

    Home care products
    See in list
  2. Vasu Healthcare

    Vasu Healthcare, Vadodara based emerging leader in Herbal Healthcare segment have won the prestigious Trailblazers Brand Innovator Awards 2010. vasustore.in

    Beauty & personal care products
    See in list
  3. Contemporary Targett

    Brand of tooth brushes

    Beauty & personal care products
    See in list
  4. Universal Esters

    Manufacturer and supplier of specialty chemicals, primarily UV filters and sunscreen ingredients, for the cosmetics industry

    Beauty & personal care products
    See in list
  5. AGPL

    Brand of home care products

    Home care products
    See in list

Apparel & fashion brands

Clothing labels offering casual, ethnic and kids wear for men, women and children.

  1. Shivera Lifestyle

    Brand of readymade garments, including women's, men's, and ethnic wear

    Apparel brands
    See in list
  2. Welterman International

    Manufacturer and supplier of leather soles and footwear components

    Footwear brands
    Website
  3. InkerHub

    Internet first brand offering t-shirts for men and women

    Apparel brands
    Website
  4. Anousshka

    Online fashion brand offering multi-category eco-friendly apparel for women

    Fashion tech
    Website
  5. Reflogs

    Manufacturer, supplier, and exporter of safety shoes

    Footwear brands
    Website

Home furnishing & household durables

Furniture, appliances, home decor and tableware for the household.

  1. Corelle

    Company that designs, manufactures, and sells dinnerware, glassware, and ceramic products

    Household durables
    See in list
  2. Almonard

    Fans, water heater and iron manufacturer

    Household durables
    See in list
  3. Natroyal Industries

    Manufacturer, supplier, and exporter of a variety of vinyl flooring, bike seat covers, and designer flooring

    Home furnishing products
    See in list
  4. Story@Home

    Brand of home furnishing products

    Home furnishing products
    See in list
  5. Arta Broch

    Manufacturer of tableware and hotelware

    Home furnishing products
    See in list

Jewellery, watches & fashion accessories

Jewellery, bags, wallets and watches from consumer brands.

  1. Harvish Jewels

    Designer and manufacturer of handcrafted fine jewelry

    Fashion accessories
    Website
  2. JAY BHAVANI JEWELLERS

    Internet first brand of jewelry

    Fashion accessories
    Website
  3. 21CARS

    Provider of unique rim watches, license plate holders, and car cleaning products

    Fashion accessories
    Website
  4. Shree Narmada Enterprise

    Retailer of fashion handbags, clutches, wallets, and related accessory items

    Fashion accessories
    Website
  5. Roop By RA

    Provider of software facilitating secure data storage and information management

    Fashion accessories
    Website

Baby, kids, stationery & gifting products

Toys, baby care, stationery and gifting products for families.

  1. Stone Sapphire

    Manufacturer of children's art and craft kits, stationery, toys, and games

    Baby & kids products
    See in list
  2. Story Tailor

    Online fashion brand offering multi-category apparel for kids and babies

    Fashion tech
    Website
  3. RD Infrastructure

    Brand of pet collar and toys

    Pet care products
    Website
  4. BloomingDreams

    Internet first brand offering educational toys and school supplies

    Baby & kids products
    Website
  5. Batra Leathers

    Company offering a range of handcrafted accessories such as wallets, card holders, passport cases, and desk accessories

    Stationery & gifting products
    Website

Consumer electronics & accessories

Consumer electronics brands, computer accessories, mobiles and audiovisual products.

  1. Maxwell Electrodeal

    Manufacturer of photocopier, printer, scanner, and other products

    Computers & accessories
    See in list
  2. Roliii

    Online platform offering AI-powered face tracking camera and phone holders and accessories

    Consumer electronics e-commerce
    Website
  3. Techno Eletromech

    Manufacturer of LED lights

    Diversified consumer electronics brands
    See in list
  4. persang karaoke

    Persang Karaoke stand for best karaoke music system in India to sing a song at home including 6000+ songs music tracks.

    Tv & audiovisual products
    Website
  5. Gharsee

    E-commerce startup striving to change traditional online shopping with state-of-the-art 3D VR shopping experience

    Diversified consumer electronics brands
    Website

Consumer goods startups in Vadodara

Newer consumer goods and internet-first brands in Vadodara.

  1. Riyaasat

    Retailer of Indian ethnic wear for men and women

    Apparel brands
    See in list
  2. Baker's Artisanal Recipes

    Retailer of couverture chocolates, bean-to-bar chocolates, and baking ingredients

    Food & beverage products
    See in list
  3. TSK Hospitality

    Provider of handcrafted ready-to-cook, ready-to-eat, baking premixes, sweets, and masala products for easy and convenient cooking

    Food & beverage products
    Website
  4. Gharsee

    E-commerce startup striving to change traditional online shopping with state-of-the-art 3D VR shopping experience

    Diversified consumer electronics brands
    Website
  5. InkerHub

    Internet first brand offering t-shirts for men and women

    Apparel brands
    Website
16 companies in Vadodara

Listed consumer goods companies in Vadodara

Publicly traded consumer goods companies in Vadodara.

  1. Golden Tobacco

    Manufactures and sells tobacco and tobacco products

    Tobacco products
    Website
  2. Manpasand Beverages

    Manufacturer of fruit juices in various beverage segments

    Food & beverage products
    Website
  3. Contil

    Multi-category food & beverage company

    Food & beverage products
    See in list
  4. Magenta

    Brand of mattresses, pillows and beds

    Home furnishing products
    See in list
  5. Welterman International

    Manufacturer and supplier of leather soles and footwear components

    Footwear brands
    Website
5 companies in Vadodara
The business behind the activity

Consumer goods financials in Vadodara

Revenue, profit and growth from the filed annual accounts of 35 consumer goods companies in Vadodara, Gujarat for FY24-25 — 47 of the 98 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 60% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹2,165.92 cr

35 companies filing accounts

combined net profit₹55.76 cr

2.6% aggregate margin

are profitable71%

25 of 35 companies

median revenue~₹17.7 cr

the typical company

median revenue growth+9%

into FY24-25

earned by the top five60%

revenue concentration

Six-year view

Combined revenue of filing companies

₹1,868.34 crFY19-2035 filers
₹1,789.67 crFY20-2136 filers
₹2,188.41 crFY21-2239 filers
₹2,551.41 crFY22-2340 filers
₹2,251.70 crFY23-2440 filers
₹2,165.92 crFY24-2535 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 32 companies over three years

+9%
FY22-23₹1,980.64 cr₹49.59 cr net
FY23-24₹2,087.53 cr₹75.35 cr net
FY24-25₹2,162.24 cr₹57.43 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr650% profitable
₹1–10 cr757% profitable
₹10–100 cr1580% profitable
₹100–1,000 cr786% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking12
0–20%14
20–50%4
50–100%2
Doubled+3

35 companies with accounts for both years; median growth +9%.

Profitability

Profit is concentrated at the top

25profitable
10loss-making
2.6%aggregate margin
1.0%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Stone SapphireSTONE SAPPHIRE (INDIA) PRIVATE LIMITED+42%₹350.85 cr
Nutty AffairZENPACK PREMIUM INDUSTRIES PRIVATE LIMITED
B.B. Dairy ProductsBABA ENTREPRENEURS PRIVATE LIMITED+20%₹73.42 cr
MagentaMAGENTA LIFECARE LIMITED+19%₹10.77 cr
HanuRam FoodsHANURAM FOODS PRIVATE LIMITED+16%₹16.25 cr
Techno EletromechTECHNO ELECTROMECH PRIVATE LIMITED+12%₹260.88 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
RiyaasatRIYAASAT LIFESTYLE LIMITED19.0%₹25.19 cr
AlmonardALMONARD PRIVATE LIMITED11.7%₹396.82 cr
AGPLAUTOLIGHT GLASS PRIVATE LIMITED9.7%₹22.64 cr
ContilContil India Limited7.7%₹33.28 cr
Stone SapphireSTONE SAPPHIRE (INDIA) PRIVATE LIMITED6.6%₹350.85 cr
Merlin DentifricesMERLIN DENTIFRICES PRIVATE LIMITED6.2%₹24.03 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Food & beverage products15₹435.21 cr~₹10.4 cr67%-4.6%
Beauty & personal care products5₹270.25 cr~₹24.0 cr80%-0.1%
Leaders

Largest consumer goods companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
AlmonardALMONARD PRIVATE LIMITED₹396.82 cr₹46.34 cr11.7%+11%
Stone SapphireSTONE SAPPHIRE (INDIA) PRIVATE LIMITED₹350.85 cr₹23.08 cr6.6%+42%
Techno EletromechTECHNO ELECTROMECH PRIVATE LIMITED₹260.88 cr−₹1.58 cr-0.6%+12%
Jewel Consumer CareJEWEL CONSUMER CARE PRIVATE LIMITED₹158.22 cr₹39.78 lakh0.3%-6%
Vasu HealthcareVASU HEALTHCARE PRIVATE LIMITED₹142.68 cr₹2.57 cr1.8%-19%
Shroff OilSHROFF OIL MANUFACTURING COMPANY PRIVATE LIMITED₹124.60 cr₹87.30 lakh0.7%-32%
Natroyal IndustriesNATROYAL INDUSTRIES PRIVATE LIMITED₹112.53 cr₹2.61 cr2.3%-2%
Contemporary TargettCONTEMPORARY TARGETT PRIVATE LIMITED₹89.99 cr₹2.30 cr2.6%+11%
Janani FoodtekJANANI FOODTEK (I) PRIVATE LIMITED₹86.24 cr−₹2.55 cr-3.0%-14%
B.B. Dairy ProductsBABA ENTREPRENEURS PRIVATE LIMITED₹73.42 cr₹40.49 lakh0.6%+20%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Consumer Goods Industry Landscape of India

The financials above are one chapter. The full consumer goods landscape of Vadodara maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the consumer goods landscape of Vadodara
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Consumer goods funding and M&A across India

3,248 recorded equity rounds have gone to 19,060 consumer goods companies in India — how much, at which stage, into which sub-sectors, from whom, and how Vadodara compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months141

US$354.60m

equity rounds, last 24 months469

US$1.35bn

raised over five yearsUS$6.81bn

1,925 rounds in India

M&A deals, India512

last 24 months

Capital by year

Equity funding into consumer goods in India

amount rounds
$567m2018173
$763m2019224
$470m2020200
$1.7bn2021336
$1.7bn2022423
$1.2bn2023364
$956m2024374
$948m2025325
$246m2026103

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$1.74bn across 336 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$105.27m380 rounds · median US$112k
SeedUS$817.27m1,036 rounds · median US$371k
Series AUS$1.21bn257 rounds · median US$3.50m
Series BUS$1.28bn126 rounds · median US$7.32m
Series CUS$1.18bn68 rounds · median US$14.46m
Series D+US$1.74bn46 rounds · median US$19.66m
Private equityUS$117.49m4 rounds · median US$25.71m
Where the money went · five years

Most-funded sub-sectors

Fashion techUS$1.12bn176 rounds · 78 companies
Online groceryUS$1.05bn247 rounds · 80 companies
Food & beverage productsUS$1.01bn476 rounds · 215 companies
Beauty techUS$703.50m186 rounds · 66 companies
Beauty & personal care productsUS$661.05m235 rounds · 99 companies
Alcoholic beverage productsUS$411.89m99 rounds · 42 companies
Apparel brandsUS$383.36m109 rounds · 61 companies
Corporate activity · last 24 months

M&A in India

487Acquisition
20Merger
2Announced

Most active acquirers

  1. Wipro30
  2. Marico19
  3. Tilaknagar industries19
  4. Hindustan unilever11
  5. Multiples Private Equity Fund11

Most acquired or merged

  1. Vip industries14
  2. Adani wilmar10
  3. Wellbeing nutrition8
  4. Sirona8
  5. Balaji wafers8

Each deal appears in the events strip at the top of the page.

Go deeper in the consumer goods landscape reports:

Consumer Goods Industry Landscape of India

Founders and momentum in Vadodara

Meet the people behind consumer goods companies in Vadodara. 40 of 98 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Vadodara consumer goods companies by sub-sector

The most common specialisations among consumer goods companies in Vadodara. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring consumer goods in India and nearby markets.

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