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Radar · Food & Beverage Products in Indore

Best Food & Beverage Products Companies in Indore, India

The 53 best Food & Beverage Products companies in Indore, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Yellow Diamond.

53companies tracked
$75.1Mdisclosed funding
0unicorns
4have raised
FLIAR INTELLIGENCE · FOOD & BEVERAGE PRODUCTS × INDORE

Our analysis of 50 Food & Beverage Products companies

$1.7b in tracked funding; 86% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

50companies analysed
86%cloud-native stacks
2024funding peak (by rounds)
1unicorns
2018median founding year

Ranked: Best Food & Beverage Products companies in Indore

#CompanyRevenueDisclosed fundingEmployeesTech stackWeb popularityFounderRecent signals
1Patanjali Foods
Brand of grocery & staples
$4.1B
FY2025
—4WordPressMySQLPHP+17Top 5MAcharya Balkrishna
Co-Founder
—
2Yellow Diamond
Manufactures and sells package snacks like chips, savouries and puffs
76Innovation top 20%Funding top 24%Moat top 27%Market top 28%
All 10 signals ▾
Innovationtop 20%
Fundingtop 24%
Moattop 27%
Markettop 28%
Talenttop 28%
Producttop 30%
Fin. healthtop 40%
Growthtop 50%
Techtop 50%
Globalbottom 32%
Innovation: 4 product lines
Funding: Raised $40.7M across 6 rounds · 6 rounds over 17 yrs (0.4/yr)
rank vs industry peers · Fliar Intelligence Index 76/100
$203M
FY2025
$41M1,215WordPressMySQLPHP+25Top 5MArvind Mehta
Co-Founder
—
3Sanghvi Group
Brand of flour products
$172M
FY2025
—619PHPBootstrapLiteSpeed+10Top 50MYash Sanghvi
CEO
—
4Silver Coin Atta
Provider of premium flour products including besan, maida, and more
$172M
FY2025
—619Cart FunctionalityWooCommerceWordPress+21Top 5MDinesh Sanghvi
Founder
—
5Madhuri Oils
Brand of cooking oils
$109M
FY2025
—55WordPressMySQLPHP+20Top 10MNiranjan Desai
Founder
—
6Anik Dairy
Manufactures and markets dairy products
$93M
FY2022
—343PleskWindows ServerGoogle Maps+9Top 5MRahul Srivastava
CEO & MD
—
7Kriti Nutrients
Brand of cooking oil
$88M
FY2025
—866
866 → 578 (-33%)
BootstrapApache HTTP ServerCloudflare+17Top 5MShiv Mehta
Managing Director
—
8Pawanshree Food International
Production and marketing of processed milk and value added milk products
$75M
FY2025
—165——Sunil Jain
Co-Founder
—
9Saibaba agrilink
Provider of rice, pulses, and spices
$70M
FY2025
——WordPress Block EditorElementorWordPress+20Top 50M——
10Aakash Global Foods
Manufacturer of namkeen (savories) and sweets
$51M
FY2025
—175Cart FunctionalityShopifyFacebook Login+21Top 5MRajesh Gupta
Co-Founder
—
11Pushp
Brand of spices & seasonings
$49M
FY2025
$29M1,085WordPressMySQLPHP+21Top 5MMahendra Surana
Co-Founder
—
12Kamco
Brand offering jelly, chocolate, biscuit and other products
$37M
FY2025
—66
66 → 135 (+105%)
anime.jsUIKitBootstrap+17Top 10MVijay Jaiswani
CEO
—
13Golden Bansi
Brand of wheat flour
$36M
FY2025
——Cart FunctionalityWordPressMySQL+30Top 50MKailash Chand Goyal
Founder
—
14NYRA
Manufacturer of candies, toffees, and chocolates
$28M
FY2025
—179BootstrapApache HTTP ServerCloudflare+8Top 10MRajesh Dhingra
Founder & CEO
—
15Shreemant
Dairy products brand
$22M
FY2025
——Cart FunctionalityWooCommerceWordPress+19Top 50MSudha Ponraj
CEO
—
16Agrawal Papad
Papad manufacturer and exporter
$18M
FY2023
—225Cart FunctionalityYouTubeBootstrap+17Top 10MHukumchand Agrawal
Founder
—
17Amber Nutrition
Provider of confectionery products
$15M
FY2025
—134WordPress Block EditorElementorWordPress+22Top 50MRajesh Dhingra
Founder
—
18Amber Confectionery
Manufacturer, supplier, and exporter of confectionery products
$13M
FY2025
—135BootstrapApache HTTP ServerWhatsApp Business Chat+3Top 10MShyam Makker
Founder
—
19Mayank Food Products
Manufacturer of multiple confectionery products
$13M
FY2025
—154EnvoyAmazon Web ServicesSwiper+7Top 50MSubhash Gulwani
Proprietor
—
20Agroha Enterprises
Provider of gram flour & chana besan products
$12M
FY2025
$308K19——Dinesh Agrawal
Proprietor & CEO
—
21Mahendra Industries
Manufacturer of Chocolate and other Confectioneries Product
$10M
FY2025
—205YouTubeNginxOpenResty+5Top 50MMahendra Gulwani
CEO & Director
—
22Italian Edibles
Manufacturer of confectionery products
$10M
FY2025
—161WordPressMySQLPHP+15Top 10MAkshay Makhija
CEO & Managing Director
—
23Nakoda Namkeen and Snacks
Brand of extruded snacks
$9M
FY2025
—82Cart FunctionalityPHPVuetify+10Top 10MRishabh Kothari
CEO
—
24Shree Guruji
Manufacturer of natural syrups, thandai, and sharbats
$7M
FY2025
—215
215 → 144 (-33%)
Cart FunctionalityShopifyGoogle Maps+27Top 5MTushar Sharma
CEO
1 partnership
2524 Carat Spices
Online brand & retailer of blended spices, grounded spices, and instant mixes
$7M
FY2025
—36Cart FunctionalityShopifyBootstrap+20Top 5MPiyush Mundhra
Founder
—
26Dave Masala
Brand offering spices
$4M
FY2022
——WordPressMySQLPHP+36Top 5MBharat Dave—
27Accept Organic And Natural Products
Brand of cold-pressed cooking oil
$4M
FY2025
————Priyanka Rai
CEO
—
28Fino Foods
Brand of pasta
$4M
FY2025
—89WordPressMySQLPHP+26Top 10MBhavya Muchhal
Founder
2 launchs
29Hariom Masala
Manufacturer & brand of spices and seasonings
$2M
FY2025
——Cart FunctionalityWooCommerceWordPress+34Top 10MAshok Kumar Sharma
Founder & MD
—
30420 Namkeen
Manufacturer of traditional namkeen and sweets
$2M
FY2019
—258Cart FunctionalityYouTubeBootstrap+8Top 10MHukum Agrawal
Founder
—
31Om Namkeen
Brand of snacks
$814K
FY2025
——Cart FunctionalityWooCommerceWordPress+21Top 1MDhanpat Bothra
Founder
—
32Shanta Farms
Manufacturer & brand of dairy and grocery products
$744K
FY2022
————Pallavi Vyas
Managing Director
—
33Indian Tea Company
Brand of tea
$566K
FY2025
————Junaid Khatri
Proprietor
—

Top 5 Food & Beverage Products companies in Indore

#1
Acquired · Indore, Madhya Pradesh · founded 2003 · 1215 employees
$40.7Mraised
▾

Manufactures and sells package snacks like chips, savouries and puffs. The company emphasizes quality, taste, and tradition, reaching millions of consumers daily through sustainable manufacturing practices and a wide distribution network of retail outlets across. It made INR 400 crore in revenue in 2011 and reached INR 800 Cr revenue in 2016. Raised funding from Sequoia Capital in April 2014 to ramp up expansion and to start a new manufacturing line.

Fliar Intelligence Index™ 76how this company ranks against its industry peers
Innovation
top 20%
Funding
top 24%
Moat
top 27%
Market
top 28%
Talent
top 28%
Product
top 30%
Innovation: 4 product lines
Funding: Raised $40.7M across 6 rounds · 6 rounds over 17 yrs (0.4/yr) · Last round Post IPO (Feb 2025)
Moat: Top 3% by revenue among 2090 tracked Food & Beverage Products companies · Editorial + unicorn rating 5/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 21k LinkedIn followers — 47.0% of this cohort's audience
Funding rounds
  • Feb 2025Post IPO$14M
  • Jun 2016Series A—
  • Feb 2014Series A$4M
  • Feb 2013Series A$5.6M
Founders & team
Arvind MehtaCo-FounderAmit KumatCo-Founder & CEOApoorva KumatCo-Founder
Investors
Peak XV Partners, BCM Group, Palak Nirman, Saritanirman, Palak Vincom, Faering Capital
Tech stack
AosBootstrapCloudflareCloudflare Bot ManagementContact Form 7Core-Js
#2
Series B · Indore, Madhya Pradesh · founded 1974 · 1085 employees
$28.5Mraised
▾

Brand of spices & seasonings. It offers a variety of products, including blended spices, pure spices, hing, horeca, CTC spices, western Spices, and soya chunks. It also offers innovative ready-to-cook quick fry mixes, tea & drink masalas, and western-style seasonings.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 9.4% of this cohort's audience
Hiring: 2 hiring posts in 12 mo (public) · hiring: Marketing Head, Key Account Manager
Founders & team
Mahendra SuranaCo-FounderSurendra SuranaCo-Founder
Investors
A91 Partners, Gold Fin Capital, Sixth Sense Ventures
Tech stack
BootstrapCdnjsCloudflareCloudflare Browser InsightsCloudflare Rocket LoaderCloudflare Zaraz
#3
Seed · Indore, Madhya Pradesh · founded 2024
$238.3Kraised
▾

Provider of mocktail-based energy drinks. It offers beverages that is made by blending the finest ingredients to craft delicious mocktails which fuels energy and nourishes consumer's well-being, enabling consumers to elevate the everyday moments and empower their lifestyle.

Funding rounds
  • Aug 2024Seed$238.3K
Founders & team
Shivang SagwaliyaCo-FounderSujal MalviyaCo-FounderAtharve MalviyaCo-Founder & CEO
Investors
MBT Ventures
#4
Seed · Indore, Madhya Pradesh · founded 2019
$5.3Mraised
▾

Internet first brand offering snacks and convenience foods. The platform offers cookies, trail mixes, nuts, and laddoo. The company claims that the products are made with natural ingredients and are free from preservatives.

Funding rounds
  • Jun 2023Seed$5.3M
Founders & team
Divya Somaniex-Founder
Investors
UniCredit
Tech stack
Carecart Sales Pop UpCart FunctionalityCarts GuruCdnjsCloudflareCore-Js
#5
Early Stage · Indore, Madhya Pradesh · founded 1997 · 19 employees
$308.1Kraised
▾

Provider of gram flour & chana besan products

Funding rounds
  • Jun 2008Unattributed$70.5K
  • Jan 2008Unattributed$237.6K
Founders & team
Dinesh AgrawalProprietor & CEOApoorv AgrawalManaging Director
Investors
Darshan Traders, Covenient Housing Finance, Kinescope, Mewar Equipments, Sharad Trading Corporation, Balaji Enterprises

Funding & investor landscape

$75.1Mtotal disclosed funding
5companies funded
10disclosed rounds
0rounds last 90 days
Most active investors
A91 Partners1 rounds
Anant Wealth1 rounds
Atultreximandmercantile1 rounds
BCM Group1 rounds
Balaji Enterprises1 rounds
Brg Brothers1 rounds
Ceramet Consultants1 rounds
Covenient Housing Finance1 rounds
Darshan Traders1 rounds
Divityafinancialadvisory1 rounds

Notable founders

Arvind Mehta
Co-Founder · Yellow Diamond
Amit Kumat
Co-Founder & CEO · Yellow Diamond
Mahendra Surana
Co-Founder · Pushp
Surendra Surana
Co-Founder · Pushp
Shivang Sagwaliya
Co-Founder · Valour
Sujal Malviya
Co-Founder · Valour
Divya Somani
ex-Founder · Evum
Dinesh Agrawal
Proprietor & CEO · Agroha Enterprises
Apoorv Agrawal
Managing Director · Agroha Enterprises
Prism market signals · India · country-scoped Prism corpus, 189,380 docs

Market landscape — 10 sub-themes by coverage

Share of Food & Beverage Products coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · India

How research on Alternative Proteins is moving in India

A read on the academic research around Alternative Proteins — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 67 India-affiliated papers.

research sentiment over time
202320242025
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and steady — the enthusiastic (strongly-positive) share moved 50% → 50% across 2023–2025.
top research entities
  • Tamil Nadu Dr. J Jayalalitha Fisheries University6
  • Symbiosis International University6
  • Tamil Nadu Agricultural University5
  • Kerala Veterinary and Animal Sciences University4
  • ICAR - National Meat Research Institute3
leading researchers
B. Ahilan · Aaliya Tahseen · Muthukumar Muthupalani · T. Sathu · Asif Irshad · Sumit Gaidhane · P. Chidambaram · N. Jayakumar
▲ Breakthroughs3 · 4%
▲ 0%→4% share
0 median citations100% since 2021mostly methods-led
Breakthroughs are rising (0%→4% of field), led by Biotechnology.
rising sub-themes (early→recent)
  • Biotechnology1
  • Rapeseed1
  • Quality (philosophy)1
  • Biochemical engineering1
  • Agronomy1
Landmark Breeding and biotechnology approaches to enhance the nutritional quality of rapeseed byproducts for sustainable alternat · 9 cites
◆ Advancements39 · 58%
▲ 0%→56% share
1 median citations79% since 2021mostly empirical
Advancements are rising (0%→56% of field), led by Food science.
rising sub-themes (early→recent)
  • Food science1→13
  • Meal1→5
  • Feed conversion ratio1→4
Newly emergingBiotechnology 0→6 · Fish meal 0→5 · Ingredient 0→5
Landmark Functionality of alternative protein in gluten-free product development · 49 cites
▼ Concerns19 · 28%
▲ 0%→31% share
1 median citations100% since 2021mostly reviews
Concerns are rising (0%→31% of field), led by Biotechnology.
rising sub-themes (early→recent)
  • Biotechnology6
  • Sustainability4
  • Consumption (sociology)4
  • Food science3
  • Production (economics)3
Newly emergingBiotechnology 0→6
Landmark Plant-based meat alternatives: Compositional analysis, current development and challenges · 182 cites
RESEARCH HOTSPOTS · India

Where alternative proteins is researched across India

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Pune6 · +0.15
Opportunity · Marketing
PATENT SIGNAL · India

Who's filing alternative proteins patents in India

India alternative proteins patent filing is steady — 2 filings from 2 assignees (2022–2024), led by Prasad Kodimule Shyam, Vidya Herbs; annual filings 1→1.

2 filings2 assigneespeak 1/yr2022–2024
filing momentum (YoY 2022–2024)
top patent filers
  • Prasad Kodimule Shyam2
  • Vidya Herbs1

Common questions

How many Food & Beverage Products companies are there in Indore, India?
Radar tracks 53 indexable Food & Beverage Products companies headquartered in Indore, India that meet our profile-completeness bar.
What is the total funding raised by Food & Beverage Products companies in Indore, India?
The Food & Beverage Products companies in Indore, India on this list have raised a combined $75.1M in disclosed equity funding across 5 funded companies.
Which is the highest-funded Food & Beverage Products company in Indore, India?
Yellow Diamond is the highest-funded Food & Beverage Products company in Indore, India, with $40.7M in disclosed equity funding.
How many Food & Beverage Products companies in Indore, India are funded?
5 of the 53 Food & Beverage Products companies in Indore, India on this list have disclosed at least one equity funding round.
How many Food & Beverage Products unicorns are there in Indore, India?
None of the Food & Beverage Products companies in Indore, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Indore, India Food & Beverage Products companies?
The most active investors in Indore, India Food & Beverage Products companies on this list include A91 Partners, Anant Wealth, Atultreximandmercantile, BCM Group, Balaji Enterprises.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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