Company lists
The Surat edition · 2026

Food & Beverage Productscompanies in Surat

Snacks & packaged foods, dairy, beverages, confectionery, online food brands and more: the companies building food & beverage products in Surat, Gujarat, with their founders, funding, team size and business models.

41 company profiles17 with reported revenue3 with recorded fundingOctober 2026 edition
Surat · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent food & beverage products business events in India

Funding, M&A, contract wins and launches involving 4,927 food & beverage products companies in India, last 24 months: 183 M&A deals · 85 funding rounds · 45 Contracts · 39 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

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
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
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
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 · 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
Funding

Rosier Foods

Rosier Foods, a premium staples brand focused on A2 Gir cow ghee and organic pantry products, has raised investment from Aman Gupta via SailThru Ventures.

Investors Aman Gupta via SailThru Ventures
Premium staples, health and wellness 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
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
LaunchLiver Detox Tablets

Aayush Wellness

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

ContractService

Glassbox · client: Gokul agro resources

Gokul Agro Resources Ltd. has appointed Glassbox, a Komerz company, as its integrated brand and growth partner

FMCG
Launch10X Basmati Rice Suitable for Diabetics

GRM Overseas

GRM Overseas share price rose over 2% on Tuesday, April 21, after the company announced the launch of its “10X Basmati Rice Suitable for Diabetics.”

LaunchToastie featuring soy and pea protein

Gooddot

GOODDOT | Partners with Starbucks India to launch a new toastie featuring its soy and pea protein, bringing the latter’s plant-based meat alternatives to a wider, everyday consumer base.

Toastie
LaunchRiteBite Max Protein RTD Protein Shakes

Zydus wellness

Zydus Wellness Ltd has expanded its RiteBite Max Protein range into three new formats—ready-to-drink (RTD) protein shakes, protein bars, and protein chips—as it looks to broaden its…

Protein beverage
M&AAcquisition · Announced

Sumeru acquires K1x

Sumeru will become the majority shareholder as part of the transaction, while Edison’s participation represents its third investment in the business since 2022, as K1x enters the next…

K-1 ecosystem / fitness technology
ContractService

Pepper Communications Group (PCG) · client: Apis india

Pepper Communications Group (PCG), a premier integrated communications agency, has been mandated to manage the public relations for Apis India Limited, a company drawing on three…

FMCG
LaunchFlagship retail store

Licious

Licious has announced the launch of its flagship retail store in HSR Layout.

Retail Store
M&AAcquisition · Announced

Rcl foods acquires Martin and martin

RCL Foods is to pay Simrose Overseas R695m ($42.3m) for the Cape Town-based firm, which trades as Bob Martin.

Pet Food
M&AAcquisition · Announced

Emami Limited acquires Axiom ayurveda

FMCG firm Emami Limited has signed a definitive agreement to acquire the remaining 73.5% stake in Axiom Ayurveda Pvt Ltd, marking its formal entry into the fast-growing health and…

Health and Wellness Beverage
M&AAcquisition · Announced

Emami acquires Axiom ayurveda

Fast-moving consumer goods company Emam has acquired a 73% stake in flavored drink Alofrut’s parent company Axiom Ayurveda, taking its total ownership to 100%.

Beverage & Consumer Goods
M&AAcquisition · Rumored

Magnum Ice Cream Holdings acquires Kwality

Magnum Ice Cream Holdings had informed the markets regulator and stock exchanges that it was set to acquire a 26% stake in Kwality Wall’s Ltd.

M&AAcquisition · Completed

The Magnum Ice Cream Company HoldCo 1 Netherlands B.V. acquires Kwality

Kwality Wall’s Limited said on Monday, March 30, its board has taken on record the transfer of a 61.90% equity stake by existing promoters to The Magnum Ice Cream Company HoldCo 1…

M&AAcquisition · Completed

Bikaji foods acquires Hazelnut Factory Food Products

Bikaji Foods Retail Limited (BFRL), the company’s retail arm, acquired an additional 8.59% stake in Hazelnut Factory as part of the second tranche of investment completed on March 26,…

Food & Beverage
LaunchGlucon-D Recharge

Zydus wellness

India, March 26th, 2026: Zydus Wellness today announced the expansion of its iconic brand Glucon-D into the fast-growing performance hydration category with the launch of Glucon-D Recharge.

Performance Hydration
M&AAcquisition · Completed

USV Private Ltd acquires Wellbeing nutrition

USV Private Ltd acquired around a 79% stake in nutraceutical firm Wellbeing Nutrition in an all-cash deal valuing the company at ₹1,583 crore in February.

Nutraceutical
M&AAcquisition · Completed

United spirits acquires Royal Challengers Bangalore

United Spirits had acquired RCB under its original owner Vijay Mallya for $110 million in 2008.

Funding

Akshayakalpa

This includes organic dairy startup Akshayakalpa, which is raising Rs 175 crore led by Singapore-based private equity investor ABC Impact with participation from existing investors,…

Dairy

Food & Beverage Products companies in Surat, by funding and team

Few food & beverage products companies in Surat, Gujarat publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 41 companies below lead on recorded funding and team size among 41 active companies.

Showing 25 of 41

Provider of microbe-based milk products and alternatives

Food tech
US$4.30mSeed · Apr 2023
19-11% 12 mo to Sep 2024LinkedIn · Jul 2026
E-commerce - product
6 yr2020
0none in 3 months

Internet first brand of breakfast cereals and dairy free spreads

Food & beverage products
US$2.45mAngel · Sep 2024
113+300% 12 mo to Sep 2024LinkedIn · Jul 2026
E-commerce - product
10 yr2016
4postings · last posted Sep 2026

Retailer of organic baby food, snacks, and related membership options

Mom & baby care
US$1.53mSeed · Aug 2024
23LinkedIn · Jul 2026
E-commerce - product / Physical commerce
8 yr2018
0none in 3 months

Multi-category food & beverage company

Food & beverage products
—None recorded
65+9% 12 mo to Aug 2024LinkedIn · Oct 2026
E-commerce - product
17 yr2009
4postings · last posted Sep 2026

Manufacturer of luxury chocolate products

Food & beverage products
—None recorded
71-11% 12 mo to Sep 2024LinkedIn · Oct 2026
E-commerce - product
13 yr2013
0none in 3 months

Manufacturer and supplier of milk and milk products

Food & beverage products
—None recorded
373+24% vs previous recordLinkedIn · Jul 2026
E-commerce - product / Physical commerce
75 yr1951
0none in 3 months

Manufacturer of ghee

Food & beverage products
—None recorded
166-18% 12 mo to Sep 2024LinkedIn · Jul 2026
E-commerce - product
11 yr2015
0none in 3 months

Internet first brand of multi-category dairy products

Food & beverage products
—None recorded
166-18% 12 mo to Sep 2024LinkedIn · Jul 2026
E-commerce - product / Physical commerce
11 yr2015
0none in 3 months

Leading cow ghee brand

Food & beverage products
—None recorded
62-18% 12 mo to Sep 2024recorded Sep 2024
E-commerce - product
11 yr2015
0none in 3 months

Brand of ghee

Food & beverage products
—None recorded
62-18% 12 mo to Sep 2024recorded Sep 2024
Advertising / E-commerce - product
16 yr2010
0none in 3 months

Brand of tea

Food & beverage products
—None recorded
14+11% 12 mo to Jul 2024LinkedIn · Jul 2026
E-commerce - product
7 yr2019
0none in 3 months

Manufacture & export of tutty fruity, soft drink, just-in, Non fruit syrup, jelly, Amla & fruit jam

Food & beverage products
—None recorded
15-36% 12 mo to Sep 2024LinkedIn · Oct 2026
E-commerce - product / Physical commerce
27 yr1999
0none in 3 months

Brand of teas

Food & beverage products
—None recorded
44-24% 12 mo to Feb 2024recorded Feb 2024
E-commerce - product
56 yr1970
—No postings tracked

Brand of multi-category grocery staples

Food & beverage products
—None recorded
21+50% 12 mo to Aug 2024recorded Aug 2024
E-commerce - product / Physical commerce
9 yr2017
0none in 3 months

Jivraj Tea Ltd.

Food & beverage products
—None recorded
80-81% vs previous recordLinkedIn · Jul 2026
E-commerce - product
—
0none in 3 months · last posted Jun 2026

Manufacturer and offline retail brand for chips, Indian snacks, and noodles

Food & beverage products
—None recorded
2-71% 12 mo to May 2024recorded May 2024
E-commerce - product
12 yr2014
0none in 3 months

Manufacturer of various chips, french fries, fryums, and banana chips

Food & beverage products
—None recorded
—Not available
E-commerce - product
8 yr2018
0none in 3 months

Provider of a global country selection tool

Food & beverage products
—None recorded
—Not available
E-commerce - product
35 yr1991
0none in 3 months

Online brand offering ready-to-eat meals

Food & beverage products
—None recorded
13LinkedIn · Jul 2026
E-commerce - product / E-commerce - service
8 yr2018
0none in 3 months

Brand of multi category food ingredients

Restaurant franchisees
—None recorded
112LinkedIn · Jul 2026
E-commerce - product
6 yr2020
1postings · last posted Sep 2026

Milk beverage brand

Food & beverage products
—None recorded
10LinkedIn · Jul 2026
E-commerce - product
17 yr2009
0none in 3 months

Brand of vegetable crisps

Food & beverage products
—None recorded
13LinkedIn · Jul 2026
E-commerce - product / Physical commerce
8 yr2018
—No postings tracked

Manufacturer & brand of multi-category dairy products

Food & beverage products
—None recorded
33LinkedIn · Jul 2026
E-commerce - product
36 yr1990
0none in 3 months · last posted Jun 2026

Online retailer of flavored oats, muesli, and peanut butter products

Food & beverage products
—None recorded
—Not available
E-commerce - product
3 yr2023
—No postings tracked

Online retailer of Ayurvedic products for digestion, immunity, and wellness

Food & beverage products
—None recorded
—Not available
E-commerce - product
4 yr2022
—No postings tracked
41 of 41 companies shown here · the full list is on Radar
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Explore food & beverage products companies in Surat by what you are looking for

Find top food and beverage companies and food and beverage manufacturers in Surat, from dairy and snacks to tea and chocolate. See food and beverage startups in Surat and who is hiring.

7 ways to explore food & beverage products in Surat

Snacks & packaged food manufacturersDairy, ghee & milk product companiesTea, coffee & beverage companiesChocolate, confectionery & dry fruit companiesOnline grocery & internet-first food brandsFood & beverage startups in Surat

Snacks & packaged food manufacturers

Makers of namkeen, chips, ready-to-eat meals and other convenience foods.

  1. Schmitten

    Manufacturer of luxury chocolate products

    Food & beverage products
    See in list
  2. Euro India Fresh Foods

    Multi-category food & beverage company

    Food & beverage products
    See in list
  3. Shree Radhe Dairy Farm & Foods

    Manufacturer of ghee

    Food & beverage products
    See in list
  4. Alpino Health Foods

    Internet first brand of breakfast cereals and dairy free spreads

    Food & beverage products
    See in list
  5. Tapi Food Products

    Manufacture & export of tutty fruity, soft drink, just-in, Non fruit syrup, jelly, Amla & fruit jam

    Food & beverage products
    See in list
34 companies in Surat

Dairy, ghee & milk product companies

Dairy farms and brands selling milk, ghee, butter and related products.

  1. Vijay Dairy

    Provider of a global country selection tool

    Food & beverage products
    See in list
  2. Shree Radhe Dairy Farm & Foods

    Manufacturer of ghee

    Food & beverage products
    See in list
  3. Alpino Health Foods

    Internet first brand of breakfast cereals and dairy free spreads

    Food & beverage products
    See in list
  4. CocoHigh

    Milk beverage brand

    Food & beverage products
    See in list
  5. Zero Cow Factory

    Provider of microbe-based milk products and alternatives

    Food tech
    See in list
33 companies in Surat

Tea, coffee & beverage companies

Producers and sellers of tea, coffee, juices and packaged drinks.

  1. CocoHigh

    Milk beverage brand

    Food & beverage products
    See in list
  2. Samaara

    Brand of tea

    Food & beverage products
    See in list
  3. Jivraj Tea

    Brand of teas

    Food & beverage products
    See in list
  4. Jivraj9 Tea Group

    Jivraj9 Tea offers a premium collection of green tea, black tea, tea bags, and instant tea premixes.

    Food & beverage products
    See in list
  5. Blackbon

    Brand of fruit juices, energy drinks, and soft drinks

    Food & beverage products
    See in list
34 companies in Surat

Chocolate, confectionery & dry fruit companies

Makers of chocolate, candy, sweets and dried fruit and nut products.

  1. Schmitten

    Manufacturer of luxury chocolate products

    Food & beverage products
    See in list
  2. Tapi Food Products

    Manufacture & export of tutty fruity, soft drink, just-in, Non fruit syrup, jelly, Amla & fruit jam

    Food & beverage products
    See in list
  3. Shanta G Foods

    Manufacturer of traditional Indian Gujarati food products

    Online grocery
    See in list
  4. Jhajhu Foods

    Manufacturer of amla-based natural health products

    Food & beverage products
    See in list
  5. Nutra Vita

    Brand for packaged frozen foods

    Food & beverage products
    See in list
34 companies in Surat

Online grocery & internet-first food brands

Direct-to-consumer food brands, grocery sellers and baby and health nutrition.

  1. Bhu Agro Foods

    Provider of sauces, chutneys, and recipes for innovative culinary experiences

    Food & beverage products
    See in list
  2. BebeBurp

    Retailer of organic baby food, snacks, and related membership options

    Mom & baby care
    See in list
  3. Wellx Brothers

    Online retailer of flavored oats, muesli, and peanut butter products

    Food & beverage products
    See in list
  4. Shanta G Foods

    Manufacturer of traditional Indian Gujarati food products

    Online grocery
    See in list
  5. Jhajhu Foods

    Manufacturer of amla-based natural health products

    Food & beverage products
    See in list

Food & beverage startups in Surat

Newer food and beverage companies founded in the last few years.

  1. Wellx Brothers

    Online retailer of flavored oats, muesli, and peanut butter products

    Food & beverage products
    See in list
  2. Vedic Mother

    Online retailer of Ayurvedic products for digestion, immunity, and wellness

    Food & beverage products
    See in list
  3. Jhajhu Foods

    Manufacturer of amla-based natural health products

    Food & beverage products
    See in list
  4. Prevo

    Brand of spices

    Food & beverage products
    See in list
  5. Chariot

    Retailer of various coffee products, accessories, and related combo items

    Online grocery
    See in list
7 companies in Surat

Food & beverage companies hiring in Surat

Food and beverage companies with open jobs right now.

  1. Euro India Fresh Foods

    Multi-category food & beverage company

    Food & beverage products
    See in list
  2. Alpino Health Foods

    Internet first brand of breakfast cereals and dairy free spreads

    Food & beverage products
    See in list
  3. Jivraj Tea

    Jivraj Tea Ltd.

    Food & beverage products
    See in list
  4. Girorganic

    Manufacturer & brand of multi-category dairy products

    Food & beverage products
    See in list
4 companies in Surat
Mobile reach

Top 4 food & beverage products apps from Surat

The most-installed Android apps published by food & beverage products companies headquartered in Surat — 286K installs between them. 4 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 4
2

Refresh Your Life

by Refresh

Installs9K
Rating—
Last updatedMar 2026
View on Google Play ↗
Refresh Your Life screenshot 1Refresh Your Life screenshot 2Refresh Your Life screenshot 3Refresh Your Life screenshot 4Refresh Your Life screenshot 5Refresh Your Life screenshot 6
3

VIJAYDAIRYCUSTCARD

by Vijay Dairy

Installs4K
Rating—
Last updatedMay 2026
View on Google Play ↗
VIJAYDAIRYCUSTCARD screenshot 1VIJAYDAIRYCUSTCARD screenshot 2VIJAYDAIRYCUSTCARD screenshot 3VIJAYDAIRYCUSTCARD screenshot 4VIJAYDAIRYCUSTCARD screenshot 5VIJAYDAIRYCUSTCARD screenshot 6
4

Sumul Grahak

by Sumul

Installs2K
Rating—
Last updatedDec 2025
View on Google Play ↗
Sumul Grahak screenshot 1Sumul Grahak screenshot 2Sumul Grahak screenshot 3Sumul Grahak screenshot 4Sumul Grahak screenshot 5Sumul Grahak screenshot 6
The business behind the activity

Food & Beverage Products financials in Surat

Revenue, profit and growth from the filed annual accounts of 16 food & beverage products companies in Surat, Gujarat for FY24-25 — 19 of the 41 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 88% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹938.61 cr

16 companies filing accounts

combined net profit₹93.66 cr

10.0% aggregate margin

are profitable62%

10 of 16 companies

median revenue~₹12.9 cr

the typical company

median revenue growth+26%

into FY24-25

earned by the top five88%

revenue concentration

Six-year view

Combined revenue of filing companies

₹342.87 crFY19-2011 filers
₹354.96 crFY20-2114 filers
₹491.01 crFY21-2214 filers
₹658.02 crFY22-2316 filers
₹829.70 crFY23-2416 filers
₹938.61 crFY24-2516 filers

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

Like-for-like

The same 13 companies over three years

+84%
FY22-23₹499.83 cr₹12.14 cr net
FY23-24₹662.72 cr₹35.03 cr net
FY24-25₹920.48 cr₹93.75 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 cr0—
₹1–10 cr743% profitable
₹10–100 cr771% profitable
₹100–1,000 cr2100% 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

Shrinking4
0–20%2
20–50%3
50–100%3
Doubled+2

14 companies with accounts for both years; median growth +26%.

Profitability

Profit is concentrated at the top

10profitable
6loss-making
10.0%aggregate margin
0.8%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
Alpino Health FoodsALPINO HEALTH FOODS PRIVATE LIMITED+116%₹43.70 cr
SchmittenRAJHANS NUTRIMENTS PRIVATE LIMITED+58%₹510.21 cr
ZORKOZORKO LIMITED+54%₹40.24 cr
Euro India Fresh FoodsEURO INDIA FRESH FOODS LIMITED+29%₹144.02 cr
Bhu Agro FoodsBHU AGRO FOODS PRIVATE LIMITED
Jivraj TeaJIVRAJ TEA INTERNATIONAL PRIVATE LIMITED+13%₹45.38 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
ZORKOZORKO LIMITED20.3%₹40.24 cr
SchmittenRAJHANS NUTRIMENTS PRIVATE LIMITED17.7%₹510.21 cr
Euro India Fresh FoodsEURO INDIA FRESH FOODS LIMITED3.9%₹144.02 cr
Jivraj TeaJIVRAJ TEA INTERNATIONAL PRIVATE LIMITED2.3%₹45.38 cr
Bhu Agro FoodsBHU AGRO FOODS PRIVATE LIMITED
Ramoji FoodsRAMOJI WAFER AND NAMKEEN PRIVATE LIMITED1.3%₹13.93 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Food & beverage products12₹884.54 cr~₹15.8 cr67%10.3%
Leaders

Largest food & beverage products companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
SchmittenRAJHANS NUTRIMENTS PRIVATE LIMITED₹510.21 cr₹90.40 cr17.7%+58%
Euro India Fresh FoodsEURO INDIA FRESH FOODS LIMITED₹144.02 cr₹5.60 cr3.9%+29%
Shree Radhe Dairy Farm & Foods, Shree Radhe Dairy Farm & FoodShree Radhe Dairy Farm & Foods Limited₹78.92 cr₹11.95 lakh0.2%+8%
Jivraj TeaJIVRAJ TEA INTERNATIONAL PRIVATE LIMITED₹45.38 cr₹1.06 cr2.3%+13%
Alpino Health FoodsALPINO HEALTH FOODS PRIVATE LIMITED₹43.70 cr−₹4.95 cr-11.3%+116%
ZORKOZORKO LIMITED₹40.24 cr₹8.18 cr20.3%+54%
Tapi Food ProductsTAPI FRUIT PROCESSING LIMITED₹17.59 cr−₹1.57 cr-8.9%-17%
Ramoji FoodsRAMOJI WAFER AND NAMKEEN PRIVATE LIMITED₹13.93 cr₹18.00 lakh1.3%-44%
Bhu Agro FoodsBHU AGRO FOODS PRIVATE LIMITED
BowlfulCOLOSSEUM FOODS PRIVATE LIMITED₹8.97 cr−₹18.89 lakh-2.1%+341%
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.

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 & Beverage Products funding and M&A across India

1,396 recorded equity rounds have gone to 4,927 food & beverage products companies in India — how much, at which stage, into which sub-sectors, from whom, and how Surat compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months45

US$107.48m

equity rounds, last 24 months172

US$402.30m

raised over five yearsUS$2.25bn

775 rounds in India

M&A deals, India183

last 24 months

Capital by year

Equity funding into food & beverage products in India

amount rounds
$217m201874
$224m201999
$230m202096
$572m2021140
$616m2022174
$325m2023143
$365m2024164
$295m2025117
$82m202637

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2022, with US$615.90m across 174 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$35.10m167 rounds · median US$96k
SeedUS$269.89m440 rounds · median US$298k
Series AUS$324.40m87 rounds · median US$2.99m
Series BUS$422.67m40 rounds · median US$7.97m
Series CUS$292.25m19 rounds · median US$14.46m
Series D+US$879.41m20 rounds · median US$24.00m
Private equityUS$31.07m2 rounds · median US$15.54m
Where the money went · five years

Most-funded sub-sectors

Online groceryUS$1.05bn247 rounds · 80 companies
Food & beverage productsUS$1.01bn476 rounds · 215 companies
Livestock techUS$134.30m2 rounds · 1 companies
Food service chainsUS$31.00m2 rounds · 1 companies
Food techUS$13.92m16 rounds · 7 companies
Fitness & wellness techUS$3.15m6 rounds · 1 companies
Food processingUS$3.00m1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

171Acquisition
9Merger
1Takeover

Most active acquirers

  1. Bikaji foods7
  2. Heritage foods7
  3. ITC Ltd7
  4. Temasek6
  5. Na5

Most acquired or merged

  1. Adani wilmar10
  2. Wellbeing nutrition8
  3. Balaji wafers8
  4. Haldiram’s5
  5. Sresta Natural Bioproducts5

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

Founders and momentum in Surat

Meet the people behind food & beverage products companies in Surat. 23 of 41 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring food & beverage products in India and nearby markets.

Coming soon