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Radar · Food & Beverage Products in Madhya Pradesh

Best Food & Beverage Products Companies in Madhya Pradesh, India

The 91 best Food & Beverage Products companies in Madhya Pradesh, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: KS Oils.

91companies tracked
$195.9Mdisclosed funding
0unicorns
8have raised
FLIAR INTELLIGENCE · FOOD & BEVERAGE PRODUCTS × MADHYA PRADESH

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 Madhya Pradesh

#CompanyRevenueRevenue YoYDisclosed fundingEmployeesTech stackWeb popularityRecent signals
1Yellow 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
+6%$41M1,215WordPressMySQLPHP+25Top 5M—
2Fidelity Agro
Provider of dairy products
$111M
FY2025
+66%—59WordPress Block EditorElementorCart Functionality+23Top 50M—
3Anik Dairy
Manufactures and markets dairy products
$93M
FY2022
——343PleskWindows ServerGoogle Maps+9Top 5M—
4Kriti Nutrients
Brand of cooking oil
$88M
FY2025
+8%—866
866 → 578 (-33%)
BootstrapApache HTTP ServerCloudflare+17Top 5M—
5Jayshri Gayatri Food Products
Brand of milk, cheese, paneer, and frozen meals
$60M
FY2024
+5%—234WordPressMySQLPHP+27Top 50M—
6Aakash Global Foods
Manufacturer of namkeen (savories) and sweets
$51M
FY2025
-4%—175Cart FunctionalityShopifyFacebook Login+21Top 5M—
7Pushp
Brand of spices & seasonings
$49M
FY2025
+3%$29M1,085WordPressMySQLPHP+21Top 5M—
8Kamco
Brand offering jelly, chocolate, biscuit and other products
$37M
FY2025
-33%—66
66 → 135 (+105%)
anime.jsUIKitBootstrap+17Top 10M—
9Golden Bansi
Brand of wheat flour
$36M
FY2025
+21%——Cart FunctionalityWordPressMySQL+30Top 50M—
10Kalash Oil
Internet first brand of cooking oil
$35M
FY2021
——26Cart FunctionalityShopifyVisa+13Top 10M—
11Davars
Bakery & Food Ingredients
$32M
FY2023
—$1M375———
12Keshav Industries
Manufacturer of soya refined oil, mustard oil, and lecithin
$23M
FY2022
——29
29 → 60 (+107%)
WordPressMySQLPHP+15Top 50M—
13Agrawal Papad
Papad manufacturer and exporter
$18M
FY2023
——225Cart FunctionalityYouTubeBootstrap+17Top 10M—
14Amber Nutrition
Provider of confectionery products
$15M
FY2025
+5%—134WordPress Block EditorElementorWordPress+22Top 50M—
15Kantishiva Roller Flour
Manufacturer & brand of flour
$14M
FY2025
+5%—35———
16Amber Confectionery
Manufacturer, supplier, and exporter of confectionery products
$13M
FY2025
+8%—135BootstrapApache HTTP ServerWhatsApp Business Chat+3Top 10M—
17Agroha Enterprises
Provider of gram flour & chana besan products
$12M
FY2025
+7%$308K19———
18Italian Edibles
Manufacturer of confectionery products
$10M
FY2025
+15%—161WordPressMySQLPHP+15Top 10M—
19Digamber Industries Premises
Provider of tea
$9M
FY2025
+8%—87—Top 50M—
20Krishnakishore Agrotech
Supplier of high-quality edible oils
$7M
FY2025
+30%—————
2124 Carat Spices
Online brand & retailer of blended spices, grounded spices, and instant mixes
$7M
FY2025
——36Cart FunctionalityShopifyBootstrap+20Top 5M—
22Dave Masala
Brand offering spices
$4M
FY2022
———WordPressMySQLPHP+36Top 5M—
23Accept Organic And Natural Products
Brand of cold-pressed cooking oil
$4M
FY2025
+78%—————
24Fino Foods
Brand of pasta
$4M
FY2025
+53%—89WordPressMySQLPHP+26Top 10M2 launchs
25287 MERRY TEA
Packaged tea manufacturer offering blended tea with focus on taste and aroma
$3M
FY2025
+19%—————
26Hariom Masala
Manufacturer & brand of spices and seasonings
$2M
FY2025
+8%——Cart FunctionalityWooCommerceWordPress+34Top 10M—
27420 Namkeen
Manufacturer of traditional namkeen and sweets
$2M
FY2019
——258Cart FunctionalityYouTubeBootstrap+8Top 10M—
28Jethabhai & Sons Foods & Snacks
Manufacturer & brand of namkeens
$2M
FY2025
+23%—47WordPress Block EditorElementorWordPress+25Top 10M—
29Feedsco
Manufacturer of superfood snacks including seeds and millet products
$578K
FY2025
+2463%$907K—Cart FunctionalityWooCommerceWordPress+20Top 10M—
30Indian Tea Company
Brand of tea
$566K
FY2025
+102%—————
31Bio Nutrients
Soya based dairy products manufacturer
$420K
FY2022
———Cart FunctionalityWooCommerceWordPress+27Top 10M—

Top 10 Food & Beverage Products companies in Madhya Pradesh

#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 — 44.0% 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
Seed · Bhopal, Madhya Pradesh · founded 2023
$907.3Kraised
▾

Manufacturer of superfood snacks including seeds and millet products. Produces better-for-you packaged foods such as chia seeds, pumpkin seeds, hemp hearts, and nutrient mixes. Operates hyper-local manufacturing hubs serving distributors in tier II and III cities through hub-and-spoke model. Sources ingredients from verified local suppliers for freshness and supports sustainable farming practices. Offers vernacular-driven products for regional relevance and on-demand delivery to simplify procurement.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 6.5% of this cohort's audience
Activity: 1 awards announced in 12 mo
Funding rounds
  • Apr 2025Angel$582.3K
  • Aug 2024Angel$265K
  • Mar 2024Angel$60K
Founders & team
Rakesh SinghCo-FounderYash SethiaCo-Founder & CFOManish JhaCo-Founder & COO
#3
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 — 8.8% 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
#4
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
#5
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
#6
Public · Morena, Madhya Pradesh · founded 1985 · 73 employees
$114.1Mraised
▾

K S Oils is a leading integrated edible oil company with brands like Kalash, Double Sher, K S Gold, among others in mustard oil, soybean oil and palm oil. K S Oils today holds 11% market share in the overall mustard oil segment with a dominant 25% market leadership in branded mustard oil. A turnover of over Rs. 4,027 crores during the financial year 2009-10. 5 manufacturing plants, marketing offices and plantations in India, Malaysia, Indonesia and Singapore. As of 2009, planned to raise Rs 450 crore from private equity funds, promoters and a new global depository receipt (GDR) issue. According to reports investors would include NSR and existing investors Citigroup Venture Capital.

Funding rounds
  • Jun 2009PE$94.1M
  • Dec 2006PE$20M
Founders & team
Davesh AggarwalManaging Director
Investors
Citi, NSR Partners, BPEA
Tech stack
CloudflareCloudflare Browser InsightsGoogle AnalyticsHstsHttp/3Litespeed
#7
Seed · Bhopal, Madhya Pradesh · founded 2006 · 9 employees
$2.8Mraised
▾

Provider of automation solutions and turbine services for industrial plants. This includes governing systems, auxiliary control systems, and vibration monitoring systems. Services encompass sales, consultancy, and maintenance for various sectors such as power plants, sugar mills, paper mills, steel plants, cement plants, refineries, and fertilizer plants. The focus is on providing tailored solutions to meet specific customer needs and minimizing service rework. Post-sales support and customer feedback mechanisms are integral to the business model.

Funding rounds
  • Apr 2013Seed$2.8M
Founders & team
Gaurav KabraProprietorAjit KelkarCo-CEOSalil GuptaCo-CEO
Investors
Sarona Asset Management, SEAF
#8
Deadpooled · Bhopal, Madhya Pradesh · founded 2013 · 35 employees
$1.6Mraised
▾

Provider of excavation and earthworks services. They offer a range of services including land reclamation, ditch digging, trenching, foundation excavation, and the supply of various fill materials such as crushed stone, sand, gravel, and clay. Additional services encompass drainage work, land leveling, and topsoil removal. The company's mission is to deliver high-quality solutions for clients' projects while promoting environmental sustainability. Their vision is to become a recognized and trusted partner in the industry.

Funding rounds
  • Jul 2015Series A$1.8M
  • Apr 2015Series A$608.5K
  • Jan 2014Seed$447.4K
  • Dec 2013Seed$696.1K
Founders & team
Anand PatiadarFounder & CEO
Investors
Acumen
#9
Funding Raised · Gwalior, Madhya Pradesh · founded 1982 · 375 employees
$1.4Mraised
▾

Bakery & Food Ingredients

Founders & team
Puneet DavarCEO & Managing Director
Investors
SEAF, Puneet Davar, Meera Davar
Tech stack
WordpressMysqlPhpApache Http Server
#10
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

$195.9Mtotal disclosed funding
10companies funded
20disclosed rounds
0rounds last 90 days
Most active investors
A91 Partners1 rounds
AIC-SMUTBI1 rounds
Acumen1 rounds
Anant Wealth1 rounds
Atultreximandmercantile1 rounds
BCM Group1 rounds
BPEA1 rounds
Balaji Enterprises1 rounds
Brg Brothers1 rounds
Ceramet Consultants1 rounds

Notable founders

Arvind Mehta
Co-Founder · Yellow Diamond
Amit Kumat
Co-Founder & CEO · Yellow Diamond
Rakesh Singh
Co-Founder · Feedsco
Yash Sethia
Co-Founder & CFO · Feedsco
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
Davesh Aggarwal
Managing Director · KS Oils
Gaurav Kabra
Proprietor · Khyati Foods
Ajit Kelkar
Co-CEO · Khyati Foods
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
Rapeseed and Quality research newly entered India's alternative-protein field, signaling diversification from 0% to 4% field-share.
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
Food science papers surged 1→13; Fish meal and Ingredient topics newly emerged, driving field-share from 0% to 56%.
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
Biotechnology concern papers hit 6 brand-new entries; Sustainability and Consumption rising, pushing concern field-share to 31%.
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 Madhya Pradesh, India?
Radar tracks 91 indexable Food & Beverage Products companies headquartered in Madhya Pradesh, India, India, that meet our profile-completeness bar.
What is the total funding raised by Food & Beverage Products companies in Madhya Pradesh, India?
The Food & Beverage Products companies in Madhya Pradesh, India on this list have raised a combined $195.9M in disclosed equity funding across 10 funded companies.
Which is the highest-funded Food & Beverage Products company in Madhya Pradesh, India?
KS Oils is the highest-funded Food & Beverage Products company in Madhya Pradesh, India, with $114.1M in disclosed equity funding.
How many Food & Beverage Products companies in Madhya Pradesh, India are funded?
10 of the 91 Food & Beverage Products companies in Madhya Pradesh, India on this list have disclosed at least one equity funding round.
How many Food & Beverage Products unicorns are there in Madhya Pradesh, India?
None of the Food & Beverage Products companies in Madhya Pradesh, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Madhya Pradesh, India Food & Beverage Products companies?
The most active investors in Madhya Pradesh, India Food & Beverage Products companies on this list include A91 Partners, AIC-SMUTBI, Acumen, Anant Wealth, Atultreximandmercantile.
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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