Company lists
The Vadodara edition · 2026

Food and agriculturecompanies in Vadodara

Food products, food processing, restaurants, distributors, equipment and more: the companies building food and agriculture in Vadodara, Gujarat, with their founders, funding, team size and business models.

114 company profiles45 with reported revenue4 with recorded fundingOctober 2026 edition
Vadodara · 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: 363 M&A deals · 178 Contracts · 160 funding rounds · 102 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
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
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 · 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
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…

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 Vadodara, by revenue

Browse food and agriculture companies in Vadodara by reported revenue, one-year revenue growth, revenue model, age and stage. The 45 companies below are the largest by their most recent reported revenue among 45 food and agriculture 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 45

Manufacturer and supplier of a range of food and packaging products, including biscuits, plastic bags, and confectionery, with a focus on manufacturing facilities

Food distributors
₹549.21 crFY 2024-25
Not reported
—Not available
31 yr1995
0none in 3 months

Manufacturer and exporter of pharmaceutical, food, and animal feed ingredients

Food processing
₹511.33 crFY 2024-25
+10%2024–2025
375recorded
37 yr1989
0none in 3 months

Provider of corporate catering services

Food service chains
₹437.79 crFY 2024-25
+51%2024–2025
4,598+62% 12 mo to Sep 2024recorded Sep 2024
34 yr1992
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

Provider of food products globally with a focus on pulses, grains, and basmati rice

Food distributors
₹175.77 crFY 2021-22
Not reported
—Not available
53 yr1973
—No postings tracked

Manufacturer of innovative irrigation solutions for agriculture, horticulture, and landscaping applications

Crop equipment
₹190.02 crFY 2024-25
-11%2024–2025
57LinkedIn · Jul 2026
32 yr1994
0none in 3 months

Manufacturer of grinding devices for healthcare sector

Chemical equipment manufacturers
₹183.22 crFY 2024-25
-19%2024–2025
218+6% 12 mo to Sep 2024recorded Sep 2024
35 yr1991
0none in 3 months

Offering customized premixes and scientifically proven ingredients for various food and dietary supplement products

Food processing
₹171.67 crFY 2024-25
+29%2024–2025
141+33% 12 mo to Sep 2024LinkedIn · Oct 2026
5 yr2021
0none in 3 months

Contract manufacturer of frozen snacks

Food processing
₹163.53 crFY 2024-25
+1%2024–2025
191-2% 12 mo to Jul 2024LinkedIn · Oct 2026
18 yr2008
0none in 3 months

Producer of native and modified cassia gum powder

Food processing
₹152.29 crFY 2024-25
+0%2024–2025
—Not available
5 yr2021
0none in 3 months

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

Provider of peanuts, groundnuts, spices, and sesame seeds for export

Food distributors
₹115.92 crFY 2024-25
+8%2024–2025
3LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Manufacturer & brand of flour

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

Manufacturers of agrochemicals

Agrochemicals
₹74.33 crFY 2021-22
Not reported
62-2% 12 mo to Sep 2024LinkedIn · Jul 2026
44 yr1982
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

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

Provider of enzymatic solutions for various industries

Chemicals tech
₹59.86 crFY 2024-25
+15%2024–2025
67+74% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of unlimited fusion Italian pizza meals through owned and franchised stores

Food service chains
₹51.26 crFY 2024-25
+16%2024–2025
4-90% 12 mo to Feb 2019LinkedIn · Oct 2026
15 yr2011
0none in 3 months · last posted Nov 2024

Producer of refined vegetable oils for consumer markets

Food processing
₹45.18 crFY 2024-25
Not reported
—Not available
32 yr1994
0none in 3 months

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

Jagdish Foods is a producer and distributor of snacks, sweets, and namkeens.

Food retailers
₹19.49 crFY 2021-22
Not reported
3+104% 12 mo to Feb 2024LinkedIn · Jul 2026
—
—No postings tracked

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 and distributor of frozen patties, snacks, gravies, premixes, and breads

Food processing
₹17.33 crFY 2024-25
+17%2024–2025
4LinkedIn · Jul 2026
19 yr2007
1postings · last posted Aug 2026

Manufacturer of sweets

Food & beverage products
₹16.25 crFY 2024-25
+16%2024–2025
2LinkedIn · Jul 2026
14 yr2012
0none in 3 months
45 of 114 companies shown here · the full list is on Radar
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Explore food and agriculture companies in Vadodara by what you are looking for

Browse top food and agriculture companies in Vadodara, from food manufacturers to farm equipment makers. You can also find food and agriculture startups in Vadodara and listed food and agriculture companies in Vadodara.

9 ways to explore food and agriculture in Vadodara

Food & beverage manufacturersFood processing & ingredient companiesRestaurants, caterers & food chainsFood distributors & exportersFood processing & packaging machineryAgriculture inputs, farm equipment & animal feed

Food & beverage manufacturers

Makers of snacks, beverages, oils, flour and other packaged foods.

  1. Shroff Oil

    Manufacturer of castor oils and castor oil cake

    Food & beverage products
    See in list
  2. Global Gourmet

    Contract manufacturer of frozen snacks

    Food processing
    See in list
  3. Arvalli Castor Derivatives

    Manufacturer and exporter of castor oil derivatives

    Food & beverage products
    See in list
  4. Janani Foodtek

    Manufacturer & brand of flour

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

    Manufacturer of dairy products

    Food & beverage products
    See in list

Food processing & ingredient companies

Food processors, contract manufacturers and ingredient suppliers.

  1. Sudeep Group

    Manufacturer and exporter of pharmaceutical, food, and animal feed ingredients

    Food processing
    See in list
  2. Global Gourmet

    Contract manufacturer of frozen snacks

    Food processing
    See in list
  3. LubiGel

    Producer of native and modified cassia gum powder

    Food processing
    See in list
  4. Jivan Oil World

    Producer of refined vegetable oils for consumer markets

    Food processing
    See in list
  5. Antozyme Biotech

    Enzymes manufacturing and formulation company

    Food processing
    See in list

Restaurants, caterers & food chains

Restaurant chains, cafes and catering service providers.

  1. Shashi Catering Services

    Provider of corporate catering services

    Food service chains
    See in list
  2. Neopolitan Pizza

    Provider of unlimited fusion Italian pizza meals through owned and franchised stores

    Food service chains
    See in list
  3. Santushti Shakes & More

    Chain of limited service restaurant

    Food service chains
    See in list
  4. Pizza On The Rock

    Chains providing dine-in and online ordering services for pizza and pasta

    Food service chains
    Website
  5. Mrpr And Co

    Barbeque restaurant chain

    Food service chains
    Website

Food distributors & exporters

Suppliers and exporters of grains, spices, pulses and food products.

  1. Koshambh Multitred

    Manufacturer and supplier of a range of food and packaging products, including biscuits, plastic bags, and confectionery, with a focus on manufacturing facilities

    Food distributors
    See in list
  2. Punit Proteins

    Provider of food products globally with a focus on pulses, grains, and basmati rice

    Food distributors
    See in list
  3. LubiGel

    Producer of native and modified cassia gum powder

    Food processing
    See in list
  4. Lancer Spices

    Provider of peanuts, groundnuts, spices, and sesame seeds for export

    Food distributors
    See in list
  5. Jivan Oil World

    Producer of refined vegetable oils for consumer markets

    Food processing
    See in list

Food processing & packaging machinery

Manufacturers of food processing, packaging and foodservice equipment.

  1. Avity Agrotech

    Manufacturer & supplier of agro-processing machinery

    Food processing & packaging equipment
    See in list
  2. Packaging-pouches.com

    Manufacturer of flexible packaging pouches and materials for diverse applications

    Food packaging
    Website
  3. Dnsglobalfoods

    Supplier of freeze dryers for food and pharmaceutical industries

    Foodservice equipment
    Website
  4. Mitsun Engineering

    Manufactures processing and packaging equipment for F&B industry

    Food processing & packaging equipment
    Website
  5. ABP BESTPACK SYSTEM

    Manufacturer of automatic packaging machines and solutions for biscuit, rusk, cake, and bakery items

    Packaging machinery
    Website

Agriculture inputs, farm equipment & animal feed

Agrochemicals, irrigation, farm machinery and animal feed suppliers.

  1. Paragonirrigation

    Manufacturer of innovative irrigation solutions for agriculture, horticulture, and landscaping applications

    Crop equipment
    See in list
  2. Polysil Irrigation Systems

    Micro irrigation systems provider, empowering farmers with innovative solutions and support

    Crop equipment
    See in list
  3. BioWave Technology

    Provider of pain management and waste management services

    Crop inputs
    See in list
  4. Trakstartractor

    Gromax is an agri-equipment entity with a goal focused on bettering the lives of farmers across India, with affordable mechanisation solutions.

    Crop equipment
    Website
  5. Hari Orgochem

    Provider of insecticides and pesticides with customer support and guidance

    Crop inputs
    Website

Food and agriculture startups in Vadodara

Newer food and agriculture companies founded in recent years.

  1. Sudeep Nutrition

    Offering customized premixes and scientifically proven ingredients for various food and dietary supplement products

    Food processing
    See in list
  2. LubiGel

    Producer of native and modified cassia gum powder

    Food processing
    See in list
  3. Ficus Food Lab

    Manufacturer of emulsified condiments

    Food processing
    See in list
  4. Baker's Artisanal Recipes

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

    Food & beverage products
    See in list
  5. 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
16 companies in Vadodara

Listed food and agriculture companies in Vadodara

Publicly listed food and agriculture companies.

  1. Axtel

    Manufacturer of grinding devices for healthcare sector

    Chemical equipment manufacturers
    See in list
  2. Manpasand Beverages

    Manufacturer of fruit juices in various beverage segments

    Food & beverage products
    Website
  3. Neopolitan Pizza

    Provider of unlimited fusion Italian pizza meals through owned and franchised stores

    Food service chains
    See in list
  4. Contil

    Multi-category food & beverage company

    Food & beverage products
    See in list
  5. Polysil Irrigation Systems

    Micro irrigation systems provider, empowering farmers with innovative solutions and support

    Crop equipment
    See in list
5 companies in Vadodara

Food and agriculture companies hiring in Vadodara

Food and agriculture companies in Vadodara that are currently recruiting.

  1. Neopolitan Pizza

    Provider of unlimited fusion Italian pizza meals through owned and franchised stores

    Food service chains
    See in list
  2. EVOCUS

    Provider of hydration solutions

    Food & beverage products
    See in list
  3. Indie Delights

    Manufacturer and distributor of frozen patties, snacks, gravies, premixes, and breads

    Food processing
    See in list
  4. Nutty Affair

    Brand of dried fruits & nuts

    Food & beverage products
    See in list
  5. Santushti Shakes & More

    Chain of limited service restaurant

    Food service chains
    See in list
9 companies in Vadodara
The business behind the activity

Food and agriculture financials in Vadodara

Revenue, profit and growth from the filed annual accounts of 42 food and agriculture companies in Vadodara, Gujarat for FY24-25 — 51 of the 114 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 54% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹4,525.20 cr

42 companies filing accounts

combined net profit₹514.86 cr

11.4% aggregate margin

are profitable79%

33 of 42 companies

median revenue~₹25.5 cr

the typical company

median revenue growth+12%

into FY24-25

earned by the top five54%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,459.63 crFY19-2037 filers
₹2,850.21 crFY20-2138 filers
₹3,614.66 crFY21-2243 filers
₹4,206.20 crFY22-2345 filers
₹4,149.19 crFY23-2445 filers
₹4,525.20 crFY24-2542 filers

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

Like-for-like

The same 38 companies over three years

+13%
FY22-23₹4,015.48 cr₹328.18 cr net
FY23-24₹3,985.56 cr₹423.28 cr net
FY24-25₹4,519.36 cr₹516.68 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 cr540% profitable
₹1–10 cr967% profitable
₹10–100 cr1580% profitable
₹100–1,000 cr13100% 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

Shrinking11
0–20%16
20–50%7
50–100%4
Doubled+3

41 companies with accounts for both years; median growth +12%.

Profitability

Profit is concentrated at the top

33profitable
9loss-making
11.4%aggregate margin
2.2%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
Antozyme BiotechANTOZYME BIOTECH PRIVATE LIMITED
Narmada SugarNARMADA SUGAR PRIVATE LIMITED+67%₹602.91 cr
Deepak Novochem TechnologiesDEEPAK NOVOCHEM TECHNOLOGIES LIMITED+54%₹505.80 cr
Shashi Catering ServicesSHASHI CATERING SERVICES PRIVATE LIMITED+51%₹437.79 cr
Santushti Shakes & MoreSANTUSHTI SHAKES PRIVATE LIMITED
Nutty AffairZENPACK PREMIUM INDUSTRIES PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
LubiGelLUBI GEL LIMITED30.6%₹152.29 cr
Standard PesticidesSTANDARD PESTICIDES PRIVATE LIMITED30.3%₹79.91 cr
Sudeep NutritionSUDEEP NUTRITION PRIVATE LIMITED27.7%₹171.67 cr
Sudeep GroupSUDEEP PHARMA LIMITED26.2%₹365.11 cr
Deepak Novochem TechnologiesDEEPAK NOVOCHEM TECHNOLOGIES LIMITED22.8%₹505.80 cr
Narmada SugarNARMADA SUGAR PRIVATE LIMITED16.6%₹602.91 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Food processing9₹1,490.84 cr~₹152.3 cr89%20.0%
Food & beverage products15₹435.21 cr~₹10.4 cr67%-4.6%
Leaders

Largest food and agriculture companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Narmada SugarNARMADA SUGAR PRIVATE LIMITED₹602.91 cr₹100.09 cr16.6%+67%
Koshambh MultitredKOSHAMBH MULTITRED PVT LTD₹549.21 cr₹18.88 cr3.4%+11%
Deepak Novochem TechnologiesDEEPAK NOVOCHEM TECHNOLOGIES LIMITED₹505.80 cr22.8%+54%
Shashi Catering ServicesSHASHI CATERING SERVICES PRIVATE LIMITED₹437.79 cr₹27.68 cr6.3%+51%
Sudeep GroupSUDEEP PHARMA LIMITED₹365.11 cr₹95.75 cr26.2%+4%
Punit ProteinsPUNIT PROTEINS PRIVATE LIMITED₹297.95 cr₹71.65 lakh0.2%-7%
ParagonirrigationPARAGON IRRIGATION PRIVATE LIMITED₹190.02 cr₹23.70 cr12.5%-11%
AxtelAXTEL INDUSTRIES LIMITED₹183.22 cr₹18.03 cr9.8%-19%
Sudeep NutritionSUDEEP NUTRITION PRIVATE LIMITED₹171.67 cr₹47.49 cr27.7%+29%
Global GourmetGLOBAL GOURMET PRIVATE LIMITED₹163.53 cr₹11.97 cr7.3%+1%
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 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 food and agriculture 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

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 Vadodara 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, India363

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
27Merger
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 Vadodara

4 food and agriculture companies in Vadodara have recorded equity funding, US$34.29m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Vadodara

Meet the people behind food and agriculture companies in Vadodara. 40 of 114 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Vadodara food and agriculture companies by sub-sector

The most common specialisations among food and agriculture companies in Vadodara. 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