Company lists
The Indore edition · 2026

Food and agriculturecompanies in Indore

Food products, food processing, distributors, crop inputs, restaurants and more: the companies building food and agriculture in Indore, Madhya Pradesh, with their founders, funding, team size and business models.

200 company profiles91 with reported revenue6 with recorded fundingOctober 2026 edition
Indore · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent food and agriculture business events in India

Funding, M&A, contract wins and launches involving 16,235 food and agriculture companies in India, last 24 months: 362 M&A deals · 178 Contracts · 160 funding rounds · 101 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
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
M&AAcquisition · Rumored

Mohamed Alabbar acquires Iffco

Alabbar told Bloomberg he had sent letters to IFFCO's board members and lending banks expressing interest in acquiring the whole business

Food and consumer goods manufacturing
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
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
FundingSeries

Anveshan

Anveshan, a prominent player in the agricultural technology space, has successfully closed a significant funding round, securing $18 million USD.

Investors Vertex ventures
Agricultural Technology
Funding

Iscon Balaji Foods

Trilegal Advised Iscon Balaji Foods on INR 2,000 Crore Investment by Advent International and 360 ONE Alternates Asset Management

Investors Advent international, 360 ONE Alternates Asset Management
Food processing and export-led manufacturing
M&AAcquisition · Completed

Nippon india mutual fund acquires Jubilant foodworks

an additional 45,31,932 shares were acquired. This represents 0.6868% of the total share capital and voting rights of Jubilant Foodworks Limited

Food
M&AAcquisition · Completed

CM AIRTIME PROMOTION LLP acquires Chambal fertilisers and chemicals

CM AIRTIME PROMOTION LLP has announced the purchase of 30,000 equity shares in Chambal Fertilisers and Chemicals Ltd.

M&AAcquisition · Announced

Advent International, L.P. acquires Iscon Balaji Foods

JSA advised Advent International in its acquisition of a significant minority stake in Iscon Balaji Foods Private Limited, through a combination of primary infusion and secondary…

Frozen Food Manufacturing and Export
M&AAcquisition · Completed

Advent acquires Iscon Balaji Foods

Private equity (PE) investor Advent has bought a minority stake in Gujarat’s Iscon Balaji Foods (IBF) in a $150 million deal, the companies said in a joint statement on Tuesday, without…

Frozen potato products / food
M&AAcquisition · Announced

Crystal crop protection acquires FMC India Private Limited

Crystal Crop Protection Limited has acquired 100% shareholding of FMC India Private Limited from FMC and its group entities for approximately ₹2,268 crore.

Crop Protection
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

Chalet hotels acquires Seasons hotels

Chalet Hotels has completed the acquisition of 100% of the Equity Share Capital of Seasons Hotels. Consequently, the said entity has become a wholly-owned subsidiary of the Company.

Hotel
Funding

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…

Investors Aman Gupta
Food
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…

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
LaunchReady-to-drink Coffee & Protein beverages and Protein Cold Foam

Starbucks

Starbucks Global Chief Brand Officer Tressie Lieberman said in January that “protein has been a great incremental driver,” prompting the company to expand into ready-to-drink Coffee &…

Beverage
LaunchMango flavor

Starbucks

Starbucks introduced a new mango flavor to its Refreshers earlier this month.

Refreshers
ContractSupply

Chowgule and Company · client: Boomsma shipping

Indian shipbuilder Chowgule and Company has begun conducting sea trials of a new dry cargo vessel ordered by Netherlands-based shortsea shipping specialist Boomsma Shipping.

Shipping
LaunchCafé Mocha

Vadilal Industries

Vadilal Industries launches its latest campaign, ‘#IceCreamWaliSituationship’, and two delicious new flavours - Café Mocha and Pista Kunafa.

Ice Cream Flavor
LaunchFresh Dosa Batter

Mtr foods

MTR Foods, a part of Orkla India, on Wednesday launched its Fresh Dosa Batter and Rice Rava Idli Batter in the Hyderabad market.

Fresh Batter
M&AAcquisition · Completed

SCM Commercial Private Limited acquires Deepak Fertilisers & Petrochemicals

SCM Commercial Private Limited has completed the acquisition of 74,00,000 equity shares, representing 5.86% of the paid-up equity share capital of Deepak Fertilisers & Petrochemicals.

Fertilisers & Petrochemicals
LaunchGenAI-Powered Conversational Agents

L&t finance

In collections, L&T Finance has transitioned from traditional NLP bots to GenAI-powered conversational agents, enabling over 7.2 million customer interactions across 10 Indic languages.

Collections chatbot
M&AAcquisition · Completed

Chalet hotels acquires Seasons hotels

Chalet Hotels has successfully completed the first tranche of its acquisition of Seasons Hotels Private Limited, officially making it a subsidiary of the company.

Hospitality
LaunchLiver Detox Tablets

Aayush Wellness

Aayush Wellness has launched its latest innovation, Liver Detox Tablets.

ContractService

Jubilant foodworks · client: Inspire brands

Jubilant FoodWorks is in discussions with US-based Inspire Brands to transfer the India franchise rights of Dunkin', ahead of the expiry of its existing agreement at the end of December…

Funding

Agrow allied ventures private limited

Agrow Allied Ventures Private Limited has raised ₹186 crore from a combination of primary capital infusion by India Advantage Fund S5 I, a fund managed by ICICI Venture Funds Management…

Investors India Advantage Fund S5 I
Agrochemicals

Food and agriculture companies in Indore, by revenue

Browse food and agriculture companies in Indore by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 91 food and agriculture companies in Indore, Madhya Pradesh 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 50

Brand of grocery & staples

Food & beverage products
₹34,289.40 crFY 2024-25
+7%2024–2025
2,009-20% 12 mo to Sep 2024LinkedIn · Oct 2026
40 yr1986
0none in 3 months

Manufacturer and exporter of Non-GMO soy products

Food processing
₹2,448.31 crFY 2021-22
Not reported
272+30% 12 mo to Sep 2024recorded Sep 2024
104 yr1922
1postings · last posted Aug 2026

Manufacturer and trader of agri commodities

Food processing
₹2,459.66 crFY 2024-25
+36%2024–2025
310-36% 12 mo to Sep 2024recorded Sep 2024
17 yr2009
0none in 3 months

Retailer of oil, dalia, and other healthy food products

Food retailers
₹1,628.40 crFY 2022-23
Not reported
2-33% 12 mo to Sep 2024recorded Sep 2024
49 yr1977
—No postings tracked

Exporters & supplier of soya bean

Food distributors
₹1,405.66 crFY 2021-22
Not reported
22LinkedIn · Oct 2026
49 yr1977
—No postings tracked

Brand of flour products

Food & beverage products
₹1,453.67 crFY 2024-25
+3%2024–2025
619-2% 12 mo to Sep 2024recorded Sep 2024
36 yr1990
0none in 3 months

Importer and trader of cooking oils

Food distributors
₹1,184.68 crFY 2021-22
+33%2021–2022
10-29% 12 mo to Jun 2020recorded Jun 2020
11 yr2015
0none in 3 months

Manufacturer of non-GMO soya and sunflower ingredients

Food processing
₹961.86 crFY 2024-25
+2%2024–2025
428-2% 12 mo to Mar 2024recorded Mar 2024
29 yr1997
0none in 3 months

Brand of cooking oils

Food & beverage products
₹919.33 crFY 2024-25
+32%2024–2025
55+28% 12 mo to Sep 2024recorded Sep 2024
34 yr1992
0none in 3 months

Integrated poultry and poultry products producer

Food processing
₹836.24 crFY 2024-25
+71%2024–2025
35LinkedIn · Oct 2026
42 yr1984
0none in 3 months

Manufactures and markets dairy products

Food & beverage products
₹689.48 crFY 2021-22
Not reported
343+10% 12 mo to Jul 2024recorded Jul 2024
61 yr1965
—No postings tracked

Brand of cooking oil

Food & beverage products
₹742.10 crFY 2024-25
+8%2024–2025
579-11% 12 mo to Jun 2024LinkedIn · Oct 2026
34 yr1992
0none in 3 months

Piping solutions provider for agriculture, building, infrastructure, and industrial sectors

Services for crop farming
₹725.55 crFY 2024-25
-17%2024–2025
—Not available
43 yr1983
0none in 3 months

Manufacturer of fertilizers, sulphuric acid, soya edible oil, and power generation

Agrochemicals
₹721.03 crFY 2024-25
+34%2024–2025
130-12% 12 mo to Sep 2024recorded Sep 2024
39 yr1987
0none in 3 months

Brand of beer

Alcoholic beverage products
₹704.83 crFY 2024-25
+29%2024–2025
173LinkedIn · Jul 2026
27 yr1999
3postings · last posted Sep 2026

Manufacturer & processor of food and nutrition ingredients

Food processing
₹508.15 crFY 2024-25
+13%2024–2025
175recorded
42 yr1984
0none in 3 months

Processor, supplier, and exporter of spices, rice, and grains, established in 1996.

Food distributors
₹493.69 crFY 2024-25
+1%2024–2025
12LinkedIn · Jul 2026
30 yr1996
0none in 3 months

Cottonseed processing company

Food processing
₹329.87 crFY 2021-22
Not reported
—Not available
56 yr1970
—No postings tracked

Brand of spices & seasonings

Food & beverage products
₹342.04 crFY 2022-23
Not reported
210+6% 12 mo to Sep 2024LinkedIn · Oct 2026
52 yr1974
0none in 3 months · last posted Sep 2025

Brand of beers

Alcoholic beverage products
₹324.08 crFY 2024-25
+63%2024–2025
12LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Provider of hybrid crop seeds

Crop inputs
₹316.35 crFY 2024-25
+86%2024–2025
—Not available
4 yr2022
0none in 3 months

Brand offering jelly, chocolate, biscuit and other products

Food & beverage products
₹313.26 crFY 2024-25
-33%2024–2025
135+16% 12 mo to Sep 2024LinkedIn · Oct 2026
28 yr1998
0none in 3 months

Brand of wheat flour

Food & beverage products
₹308.31 crFY 2024-25
+21%2024–2025
—Not available
35 yr1991
0none in 3 months

Manufacturer of cooking oils

Food processing
₹277.60 crFY 2024-25
+71%2024–2025
—Not available
13 yr2013
0none in 3 months
50 of 200 companies shown here · the full list is on Radar
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Explore food and agriculture companies in Indore by what you are looking for

Browse top food and agriculture companies in Indore, from food processing and agri commodity traders to seed and agrochemical makers. Find food and agri companies in Indore that are listed, hiring or newly founded.

9 ways to explore food and agriculture in Indore

Packaged food & beverage brandsFood processing & agri commodity companiesFood distributors, traders & exportersSeeds, fertilizers & agrochemical companiesRestaurants, cafes & food service chainsAnimal feed, poultry & livestock companies

Packaged food & beverage brands

Makers of snacks, flours, cooking oils, dairy and other packaged foods.

  1. Patanjali Foods

    Brand of grocery & staples

    Food & beverage products
    See in list
  2. Prestige Rasoi

    Retailer of oil, dalia, and other healthy food products

    Food retailers
    See in list
  3. Sanghvi Group

    Brand of flour products

    Food & beverage products
    See in list
  4. Madhuri Oils

    Brand of cooking oils

    Food & beverage products
    See in list
  5. Anik Dairy

    Manufactures and markets dairy products

    Food & beverage products
    See in list

Food processing & agri commodity companies

Processors and exporters of soy, grains, oilseeds, spices and food ingredients.

  1. Vippy Industries

    Manufacturer and exporter of Non-GMO soy products

    Food processing
    See in list
  2. Avi Agri

    Manufacturer and trader of agri commodities

    Food processing
    See in list
  3. Sonic Biochem

    Manufacturer of non-GMO soya and sunflower ingredients

    Food processing
    See in list
  4. S.R. Cotton

    Cottonseed processing company

    Food processing
    See in list
  5. Mahajan Nutri Foods

    Manufacturer of cooking oils

    Food processing
    See in list

Food distributors, traders & exporters

Suppliers, importers and exporters of food commodities, oils and grains.

  1. Prestige

    Exporters & supplier of soya bean

    Food distributors
    See in list
  2. Bhagwatiagro

    Importer and trader of cooking oils

    Food distributors
    See in list
  3. Sailor Exports

    Processor, supplier, and exporter of spices, rice, and grains, established in 1996.

    Food distributors
    See in list
  4. Agrawal Global

    Provider of soy products and oil, protein solutions, and climate leadership

    Food distributors
    See in list
  5. Sumati Foods

    Manufacturer & exporter of seeds, flour, oils, and other products

    Food distributors
    See in list

Seeds, fertilizers & agrochemical companies

Suppliers of seeds, fertilizers, pesticides and farm machinery.

  1. Shankar Nutricon

    Manufacturer & processor of food and nutrition ingredients

    Food processing
    See in list
  2. Vigour

    Provider of hybrid crop seeds

    Crop inputs
    See in list
  3. Eagle Seeds

    Producer and marketer of soybean seeds

    Crop inputs
    See in list
  4. Agro Phos India

    Fertilizer manufacturer providing sustainable agriculture solutions with inorganic, organic, and micronutrient products

    Crop inputs
    See in list
  5. Neptune

    Manufacturer of agriculture sprayers, fogging machines, and garden tools

    Manufacturing services
    See in list

Restaurants, cafes & food service chains

Restaurant brands, cafe franchises and chai chains.

  1. Naughty Food

    Chain of limited service restaurant

    Food service chains
    See in list
  2. Tealogy

    Tea franchise offering kulhad chai experience, fostering entrepreneurship and eco-friendly practices

    Food service chains
    Website
  3. Chai Sutta Bar

    Operator of a chai beverage franchise

    Food service chains
    Website
  4. Sutocafe

    Rapidly expanding global cafe chain known for its premium coffee offerings and inviting atmosphere

    Food service chains
    Website
  5. Coffea Foods

    Restaurant franchise serving coffee

    Food service chains
    Website

Animal feed, poultry & livestock companies

Producers of cattle and poultry feed, feed ingredients and livestock products.

  1. Pragati Organics

    Manufacturer of organic soybean meal for the feed ingredient industry

    Animal feed and nutrition
    Website
  2. Zero Block

    Brand of nutritional drink supplements

    Food & beverage products
    Website
  3. Eggsmen Organics

    Owns and operates poultry farms

    Livestock farming
    Website
  4. Gramin India Agri BusiNest

    Manufacturer of neem based products and animal feed

    Animal feed and nutrition
    Website
  5. Simran Agrovet

    Provider of integrated poultry feed, health care solutions

    Animal feed and nutrition
    Website

Listed food and agriculture companies in Indore

Publicly listed food and agri companies based in Indore.

  1. Patanjali Foods

    Brand of grocery & staples

    Food & beverage products
    See in list
  2. Simran Farms

    Integrated poultry and poultry products producer

    Food processing
    See in list
  3. Kriti Nutrients

    Brand of cooking oil

    Food & beverage products
    See in list
  4. Kcfl

    Manufacturer of fertilizers, sulphuric acid, soya edible oil, and power generation

    Agrochemicals
    See in list
  5. Agro Phos India

    Fertilizer manufacturer providing sustainable agriculture solutions with inorganic, organic, and micronutrient products

    Crop inputs
    See in list
8 companies in Indore

Food and agriculture startups in Indore

Newer food and agri startups founded in Indore in recent years.

  1. Coffea Foods

    Restaurant franchise serving coffee

    Food service chains
    Website
  2. Cacao Springs

    Brand of chocolate

    Food & beverage products
    Website
  3. Soul Tari

    Provider of ready-to-eat Indian cuisine delivered pan-India

    Food tech
    Website
  4. Valour

    Provider of mocktail-based energy drinks

    Food & beverage products
    Website
  5. Growing Agro Chemicals

    Manufacturer of agrochemical products

    Crop inputs
    Website
28 companies in Indore

Food and agriculture companies hiring in Indore

Indore food and agri companies with open roles.

  1. Vippy Industries

    Manufacturer and exporter of Non-GMO soy products

    Food processing
    See in list
  2. Mount Everest Breweries

    Brand of beer

    Alcoholic beverage products
    See in list
  3. Saibaba agrilink

    Provider of rice, pulses, and spices

    Food & beverage products
    See in list
  4. Pushp

    Brand of spices & seasonings

    Food & beverage products
    See in list
  5. Eagle Seeds

    Producer and marketer of soybean seeds

    Crop inputs
    See in list
14 companies in Indore
Mobile reach

Top 3 food and agriculture apps from Indore

The most-installed Android apps published by food and agriculture companies headquartered in Indore — 9K installs between them. 3 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 3
The business behind the activity

Food and agriculture financials in Indore

Revenue, profit and growth from the filed annual accounts of 84 food and agriculture companies in Indore, Madhya Pradesh for FY24-25 — 98 of the 200 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 76% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹54,234.94 cr

84 companies filing accounts

combined net profit₹1,700.98 cr

3.1% aggregate margin

are profitable93%

78 of 84 companies

median revenue~₹80.4 cr

the typical company

median revenue growth+8%

into FY24-25

earned by the top five76%

revenue concentration

Six-year view

Combined revenue of filing companies

₹24,354.27 crFY19-2081 filers
₹30,930.93 crFY20-2182 filers
₹43,994.33 crFY21-2286 filers
₹51,988.67 crFY22-2387 filers
₹49,949.67 crFY23-2487 filers
₹54,234.94 crFY24-2584 filers

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

Like-for-like

The same 80 companies over three years

+6%
FY22-23₹50,215.13 cr₹1,300.33 cr net
FY23-24₹49,027.02 cr₹1,022.76 cr net
FY24-25₹53,253.15 cr₹1,691.74 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 cr367% profitable
₹1–10 cr1173% profitable
₹10–100 cr35100% profitable
₹100–1,000 cr3093% profitable
Over ₹1,000 cr5100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking22
0–20%32
20–50%12
50–100%13
Doubled+3

82 companies with accounts for both years; median growth +8%.

Profitability

Profit is concentrated at the top

78profitable
6loss-making
3.1%aggregate margin
1.5%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
Growrich Agrotech IndiaGROWRICH AGROTECH INDIA PRIVATE LIMITED+92%
VigourVIGOUR BIOTECH PRIVATE LIMITED+86%₹316.35 cr
PuramatePURAMATE INDIA PRIVATE LIMITED+85%
SMFEPLS. M. FOOD ENGINEERING PRIVATE LIMITED+72%₹46.03 cr
Mahajan Nutri FoodsMAHAJAN NUTRI FOODS PRIVATE LIMITED+71%₹277.60 cr
Shreeji IngredientsSHREEJI INGREDIENTS PRIVATE LIMITED+64%₹69.34 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Mayank Food ProductsMY DREAM FOODS LIMITED
FlavoritetechnologiesFLAVORITE TECHNOLOGIES PRIVATE LIMITED
Krishaangi Agro FoodsKRISHAANGI AGRO FOODS PRIVATE LIMITED17.4%₹19.42 cr
Shankar NutriconSHANKAR NUTRICON PRIVATE LIMITED14.4%₹490.69 cr
PushpPUSHP BRAND (INDIA) LIMITED11.1%₹411.99 cr
SMFEPLS. M. FOOD ENGINEERING PRIVATE LIMITED9.4%₹46.03 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Food & beverage products33₹40,839.14 cr~₹85.5 cr91%3.5%
Food processing19₹7,624.62 cr~₹85.7 cr100%2.1%
Food distributors7₹725.73 cr~₹47.4 cr100%1.1%
Food service chains6₹122.61 cr~₹5.2 cr67%2.2%
Leaders

Largest food and agriculture companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Patanjali FoodsPATANJALI FOODS LIMITED₹34,289.40 cr₹1,301.34 cr3.8%+7%
Avi AgriAVI AGRI BUSINESS LIMITED₹2,459.66 cr₹28.28 cr1.1%+36%
Vippy IndustriesVIPPY INDUSTRIES LIMITED₹1,867.11 cr₹8.48 cr0.5%-6%
Sanghvi GroupSANGHVI FOODS PRIVATE LIMITED₹1,453.67 cr₹36.50 cr2.5%+3%
Prestige RasoiPRESTIGE FEED MILLS LIMITED₹1,353.19 cr₹6.83 cr0.5%+2%
Sonic BiochemSONIC BIOCHEM EXTRACTIONS PRIVATE LIMITED₹961.86 cr₹23.93 cr2.5%+2%
Madhuri OilsMADHURI REFINERS PRIVATE LIMITED₹919.33 cr₹2.82 cr0.3%+32%
Simran FarmsSIMRAN FARMS LIMITED₹836.24 cr₹5.79 cr0.7%—
Kriti NutrientsKRITI NUTRIENTS LIMITED₹742.10 cr₹37.02 cr5.0%+8%
KcflKHAITAN CHEMICALS AND FERTILIZERS LIMITED₹721.03 cr₹1.40 cr0.2%+34%
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

Food and Agriculture Industry Landscape of India

The financials above are one chapter. The full food and agriculture landscape of Indore 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 food and agriculture landscape of Indore
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

Food and agriculture funding and M&A across India

2,444 recorded equity rounds have gone to 16,235 food and agriculture companies in India — how much, at which stage, into which sub-sectors, from whom, and how Indore compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months76

US$339.10m

equity rounds, last 24 months284

US$979.11m

raised over five yearsUS$4.31bn

1,266 rounds in India

M&A deals, India362

last 24 months

Capital by year

Equity funding into food and agriculture in India

amount rounds
$582m2018141
$442m2019165
$384m2020158
$934m2021237
$1.2bn2022273
$628m2023243
$731m2024263
$581m2025193
$236m202657

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$1.20bn across 273 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$132.20m264 rounds · median US$110k
SeedUS$444.86m671 rounds · median US$343k
Series AUS$709.06m172 rounds · median US$2.99m
Series BUS$729.90m69 rounds · median US$7.14m
Series CUS$674.96m40 rounds · median US$12.03m
Series D+US$1.44bn40 rounds · median US$19.85m
Private equityUS$178.24m10 rounds · median US$20.50m
Where the money went · five years

Most-funded sub-sectors

Online groceryUS$1.05bn248 rounds · 81 companies
Food & beverage productsUS$1.01bn476 rounds · 215 companies
Food service chainsUS$693.10m208 rounds · 80 companies
Alcoholic beverage productsUS$411.89m99 rounds · 42 companies
Food processingUS$323.26m58 rounds · 32 companies
Consumer and sme loansUS$163.10m11 rounds · 2 companies
Crop inputsUS$150.94m8 rounds · 6 companies
Corporate activity · last 24 months

M&A in India

333Acquisition
26Merger
1Takeover

Most active acquirers

  1. Tilaknagar industries19
  2. Devyani international15
  3. Varun beverages12
  4. Mahindra & mahindra9
  5. Allied blenders and distillers7

Most acquired or merged

  1. Adani wilmar10
  2. Wellbeing nutrition8
  3. Balaji wafers8
  4. Sapphire Foods India6
  5. Haldiram’s5

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

Go deeper in the food and agriculture landscape reports:

Food and Agriculture Industry Landscape of India

Food and agriculture funding in Indore

6 food and agriculture companies in Indore have recorded equity funding, US$9.39m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Indore

Meet the people behind food and agriculture companies in Indore. 76 of 200 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Indore food and agriculture companies by sub-sector

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

Keep exploring food and agriculture in India and nearby markets.

Coming soon