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The Thane edition · 2026

Food & Beverage Productscompanies in Thane

Snacks, beverages, online food brands, dairy & nutrition, startups and more: the companies building food & beverage products in Thane, Maharashtra, with their founders, funding, team size and business models.

Explore in Radar See the ranked list ↓
32 company profiles15 with reported revenue2 with recorded fundingOctober 2026 edition
Thane · 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 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
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…

Investors Sailthru Ventures
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
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 Ltd acquires Axiom ayurveda

Emami Ltd is moving beyond its core personal care and healthcare playbook, signing a deal to fully acquire Axiom Ayurveda Pvt Ltd in a transaction valued at up to ₹200 crore, marking its…

Beverages
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,…

Investors ABC Impact, Rainmatter, A91 partners
Dairy

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

Few food & beverage products companies in Thane, Maharashtra publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 32 companies below lead on recorded funding and team size among 32 active companies.

Showing 25 of 32

Online retailer of multigrain pasta and noodles with various flavors

Online grocery
US$8.45mSeries A · Oct 2025
22recorded Aug 2024
E-commerce - product
5 yr2021
0none in 3 months

Internet first brand of packaged smoothies

Food & beverage products
US$119kAngel · Sep 2022
8LinkedIn · Jul 2026
E-commerce - product
5 yr2021
0none in 3 months

Contract manufacturer of snacks

Food & beverage products
—None recorded
16-62% 12 mo to Sep 2024LinkedIn · Jul 2026
E-commerce - product
40 yr1986
0none in 3 months

Online platform offering multi-category food products

Food & beverage products
—None recorded
15-2% 12 mo to Sep 2024LinkedIn · Jul 2026
E-commerce - product
28 yr1998
0none in 3 months

Brand of milk, yogurt, cheese, bread, and cakes

Food & beverage products
—None recorded
45+18% 12 mo to Sep 2024recorded Sep 2024
E-commerce - product / Physical commerce
7 yr2019
0none in 3 months

Brand of healthcare supplements

Food & beverage products
—None recorded
15-6% 12 mo to Jul 2024recorded Jul 2024
E-commerce - product
38 yr1988
0none in 3 months

Brand of multi-category dairy products

Food & beverage products
—None recorded
1+8% 12 mo to May 2021LinkedIn · Jul 2026
E-commerce - product
23 yr2003
0none in 3 months

Brand of multi-category grocery and staple products

Food & beverage products
—None recorded
23-18% 12 mo to Sep 2024LinkedIn · Jul 2026
E-commerce - product
31 yr1995
0none in 3 months · last posted Jun 2026

Private label brand for traditional snacks

Food & beverage products
—None recorded
5-17% 12 mo to Nov 2020recorded Nov 2020
E-commerce - product
14 yr2012
0none in 3 months

Brand of healthcare nutrition products

Food & beverage products
—None recorded
3recorded
E-commerce - product
20 yr2006
0none in 3 months

Multi-category convenience food company

Food & beverage products
—None recorded
—Not available
E-commerce - product
44 yr1982
0none in 3 months

Provider of Thai and Indian cuisine, offering dine-in, takeout, and catering services

Food & beverage products
—None recorded
—Not available
E-commerce - product
16 yr2010
0none in 3 months

Internet first brand of ghee & dairy products

Food & beverage products
—None recorded
5LinkedIn · Jul 2026
E-commerce - product / Physical commerce
23 yr2003
0none in 3 months

Internet first brand of traditional Indian snacks

Food & beverage products
—None recorded
4LinkedIn · Jul 2026
E-commerce - product / Physical commerce
29 yr1997
0none in 3 months

Brand of multi-category food products

Food & beverage products
—None recorded
—Not available
E-commerce - product / Physical commerce
5 yr2021
—No postings tracked

Internet first brand of healthy snacks

Food & beverage products
—None recorded
—Not available
Advertising / E-commerce - product
8 yr2018
—No postings tracked

Manufacturer and exporter of a wide range of confectionery products

Food & beverage products
—None recorded
—Not available
E-commerce - product
22 yr2004
0none in 3 months · last posted Jul 2026

Internet first brand of preservative-free ready to eat meals

Food & beverage products
—None recorded
15LinkedIn · Jul 2026
E-commerce - product
2 yr2024
0none in 3 months

Manufacturer of low-sugar, prebiotic sodas with plant-based ingredients

Food & beverage products
—None recorded
—Not available
E-commerce - product
3 yr2023
0none in 3 months

Manufacturer of 100% natural coconut-based products using a franchise model

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

Brand of energy mints and caffeinated chewing gum

Food & beverage products
—None recorded
1LinkedIn · Jul 2026
E-commerce - product
1 yr2025
0none in 3 months

Manufacturer of chocolates including bonbons pralines bars and snack items

Online gifting
—None recorded
39LinkedIn · Jul 2026
E-commerce - product
9 yr2017
0none in 3 months

Manufacturer of non-alcoholic beer, mocktails, and soda

Food & beverage products
—None recorded
—Not available
E-commerce - product
1 yr2025
0none in 3 months

Brand offering multi organic food products

Food & beverage products
—None recorded
30LinkedIn · Jul 2026
E-commerce - product / Physical commerce
19 yr2007
0none in 3 months · last posted Jun 2026

Internet-first brand offering ghee

Food & beverage products
—None recorded
—Not available
Advertising / E-commerce - product
15 yr2011
—No postings tracked
32 of 32 companies shown here · the full list is on Radar
Fliar Radar

Explore all 32 food & beverage products companies in Thane on Radar

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Explore food & beverage products companies in Thane by what you are looking for

Find top food and beverage products companies in Thane, from snack makers to beverage brands and online food retailers. You can also see food and beverage startups in Thane and companies hiring now.

6 ways to explore food & beverage products in Thane

Snacks & convenience food manufacturersBeverage, juice & energy drink brandsOnline grocery & internet-first food brandsDairy, nutrition & health food companiesFood & beverage startups in ThaneFood & beverage companies hiring in Thane

Snacks & convenience food manufacturers

Makers of snacks, savory snacks, confectionery, pasta, noodles and ready-to-eat meals.

  1. VFSL

    Contract manufacturer of snacks

    Food & beverage products
    See in list
  2. Mom’s Choice

    Online platform offering multi-category food products

    Food & beverage products
    See in list
  3. WickedGud

    Online retailer of multigrain pasta and noodles with various flavors

    Online grocery
    See in list
  4. Dinoos

    Internet first brand of traditional Indian snacks

    Food & beverage products
    See in list
  5. Suncrest Food Makers

    Manufacturer and exporter of a wide range of confectionery products

    Food & beverage products
    See in list
10 companies in ThaneAll 1,154 food processing companies in India →

Beverage, juice & energy drink brands

Brands of juices, energy drinks, coffee, tea and other beverages.

  1. Utopian

    Internet first brand of packaged smoothies

    Food & beverage products
    See in list
  2. Misfits

    Manufacturer of low-sugar, prebiotic sodas with plant-based ingredients

    Food & beverage products
    See in list
  3. Enerchi

    Brand of energy mints and caffeinated chewing gum

    Food & beverage products
    See in list
  4. Adhar Beverages

    Manufacturer of non-alcoholic beer, mocktails, and soda

    Food & beverage products
    See in list
4 companies in ThaneAll 343 traditional nutraceuticals companies in India →

Online grocery & internet-first food brands

Online retailers and direct-to-consumer brands selling food, grocery and gifts.

  1. WickedGud

    Online retailer of multigrain pasta and noodles with various flavors

    Online grocery
    See in list
  2. Enerchi

    Brand of energy mints and caffeinated chewing gum

    Food & beverage products
    See in list
  3. Entisi Chocolatier

    Manufacturer of chocolates including bonbons pralines bars and snack items

    Online gifting
    See in list
  4. K.s.products

    Internet-first brand offering ghee

    Food & beverage products
    See in list
  5. Mom’s Choice

    Online platform offering multi-category food products

    Food & beverage products
    See in list
6 companies in ThaneAll 2,236 online grocery companies in India →

Dairy, nutrition & health food companies

Dairy, plant-based, infant nutrition and healthy food product makers.

  1. Pitambari Product

    Brand of healthcare supplements

    Food & beverage products
    See in list
  2. Nutrivalue

    Brand of healthcare nutrition products

    Food & beverage products
    See in list
  3. K.s.products

    Internet-first brand offering ghee

    Food & beverage products
    See in list
  4. Babymeal

    Brand of babymeal, milk cereal and other products

    Food & beverage products
    See in list
  5. Goodday Foods

    Brand of multi-category dairy products

    Food & beverage products
    See in list
9 companies in Thane

Food & beverage startups in Thane

Newer food and beverage products companies in Thane founded in recent years.

  1. WickedGud

    Online retailer of multigrain pasta and noodles with various flavors

    Online grocery
    See in list
  2. Utopian

    Internet first brand of packaged smoothies

    Food & beverage products
    See in list
  3. First Extract AgroTech

    Brand of multi-category food products

    Food & beverage products
    See in list
  4. Misfits

    Manufacturer of low-sugar, prebiotic sodas with plant-based ingredients

    Food & beverage products
    See in list
  5. Coconut Cloud Tree

    Manufacturer of 100% natural coconut-based products using a franchise model

    Food & beverage products
    See in list
6 companies in Thane

Food & beverage companies hiring in Thane

Food and beverage products companies in Thane with open positions.

  1. Asmita Organic Farms

    Brand of multi-category grocery and staple products

    Food & beverage products
    See in list
  2. Suncrest Food Makers

    Manufacturer and exporter of a wide range of confectionery products

    Food & beverage products
    See in list
  3. Derby India

    Candy & lollipop manufacturer firm

    Food & beverage products
    See in list
3 companies in Thane
The business behind the activity

Food & Beverage Products financials in Thane

Revenue, profit and growth from the filed annual accounts of 12 food & beverage products companies in Thane, Maharashtra for FY24-25 — 17 of the 32 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₹236.45 cr

12 companies filing accounts

combined net profit−₹4.20 cr

-1.8% aggregate margin

are profitable58%

7 of 12 companies

median revenue~₹8.8 cr

the typical company

median revenue growth+29%

into FY24-25

earned by the top five88%

revenue concentration

Six-year view

Combined revenue of filing companies

₹294.39 crFY19-2011 filers
₹338.09 crFY20-2112 filers
₹439.46 crFY21-2211 filers
₹469.80 crFY22-2314 filers
₹216.00 crFY23-2413 filers
₹236.45 crFY24-2512 filers

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

Like-for-like

The same 11 companies over three years

+27%
FY22-23₹183.05 cr−₹33.09 lakh net
FY23-24₹208.21 cr₹1.28 cr net
FY24-25₹232.97 cr−₹3.83 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 cr250% profitable
₹1–10 cr450% profitable
₹10–100 cr667% profitable
₹100–1,000 cr0—
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

Shrinking2
0–20%2
20–50%4
50–100%2
Doubled+2

12 companies with accounts for both years; median growth +29%.

Profitability

Profit is concentrated at the top

7profitable
5loss-making
-1.8%aggregate margin
1.1%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
Adhar BeveragesADHAR BEVERAGES PRIVATE LIMITED+87%₹11.89 cr
WickedGud100PERCENT NOURISHMENT PRIVATE LIMITED+70%₹13.47 cr
Kesariya FarmKESARIYA FARM PRIVATE LIMITED+25%₹13.02 cr
Healthy Life AgritecHealthy Life Agritec Limited+23%₹64.45 cr
Mom’s ChoicePFL FOOD PRIVATE LIMITED+10%₹22.25 cr
VFSLVENKATARAMANA FOOD SPECIALITIES LIMITED-3%₹94.13 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
VFSLVENKATARAMANA FOOD SPECIALITIES LIMITED4.9%₹94.13 cr
Healthy Life AgritecHealthy Life Agritec Limited2.9%₹64.45 cr
Kesariya FarmKESARIYA FARM PRIVATE LIMITED2.9%₹13.02 cr
Mom’s ChoicePFL FOOD PRIVATE LIMITED2.6%₹22.25 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Food & beverage products11₹222.98 cr~₹5.8 cr64%3.0%
Leaders

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

Company · legal entityRevenueNet resultMarginGrowth
VFSLVENKATARAMANA FOOD SPECIALITIES LIMITED₹94.13 cr₹4.66 cr4.9%-3%
Healthy Life AgritecHealthy Life Agritec Limited₹64.45 cr₹1.87 cr2.9%+23%
Mom’s ChoicePFL FOOD PRIVATE LIMITED₹22.25 cr₹58.53 lakh2.6%+10%
WickedGud100PERCENT NOURISHMENT PRIVATE LIMITED₹13.47 cr−₹10.88 cr-80.8%+70%
Kesariya FarmKESARIYA FARM PRIVATE LIMITED₹13.02 cr₹37.20 lakh2.9%+25%
Adhar BeveragesADHAR BEVERAGES PRIVATE LIMITED₹11.89 cr−₹53.11 lakh-4.5%+87%
Asmita Organic FarmsASMITA SUPER MARKETS PVT LTD₹5.76 cr₹1.77 cr30.7%+35%
Bijur Sooper FoodsBIJUR SOOPER FOODS PRIVATE LIMITED₹4.90 cr₹9.06 lakh1.8%+14%
YeolebrothersYEOLE BROTHERS INDUSTRIES PRIVATE LIMITED₹3.48 cr−₹37.15 lakh-10.7%>10×
Radhakrishna Food ServicesRADHAKRISHNA FOOD SERVICES PRIVATE LIMITED₹2.09 cr−₹17.80 lakh-8.5%-60%
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 Thane 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 Thane

Meet the people behind food & beverage products companies in Thane. 20 of 32 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.

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