Industry landscapes
Industry report

Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE AHMEDABAD EDITION 2026

Ahmedabad’s
consumer goods industry,
in focus.

The companies, capital and talent shaping consumer goods in Ahmedabad. Find the leaders. Understand the segments. See where the activity is.

Snapshot: Funding in USD
Illustrated cover for Consumer Goods Industry Landscape of Ahmedabad
IN
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Consumer Goods illustration
MEET THE COMPANIES

Explore Ahmedabad’s consumer goods leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

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Consumer Goods company highlights in Ahmedabad, snapshot 2 September 2026
Company
Vini Cosmeticsvinicosmetics.com$197.03M—1,153—
Renee Cosmeticsreneecosmetics.in$54.29M4 roles356—
R for Rabbitrforrabbit.com$19.44M—78—
Iba Cosmeticsibacosmetics.com$16.01M—31—
The Bakers Dozenthebakersdozen.in$9M—119—
Ecotrail Personal Careecotrailpersonalcare.com$6.6M—31—
Varmora Plastechvarmoraplastech.com$6.28M2 roles93—
Clear Premium Waterclearpani.com$5.94M—372—
Sweet Dreamssweetdreams.in—8 roles5—
Bummerbummer.in—5 roles19—
Teamexteamex.in—5 roles18—
Athflexathflex.com—4 roles——
N.K.Proteinsnkproteins.com—3 roles174$523.11MFYFY2025 filing
Touch925touch925.com—3 roles——
AWL Agri Businessadaniwilmar.com——1,935$6.45BFYFY2025 filing
Arvind Fashionsarvindfashions.com——180—
Arvind Grouparvind.com——42,000$798.74MFYFY2025 filing
Beardobeardo.in——157—
Gokul Agrogokulagro.com——810$1.79BFYFY2025 filing
Mishtannmishtann.com——23Financial figure available in RadarView in Radar
Pradip Overseas Ltd.pradipoverseas.com——1,750—
Rasnarasnainternational.com——521—
Sales Indiasalesindia.com——600—
Smart Laboratoriessmartlaboratories.co.in——1,812Financial figure available in RadarView in Radar
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only

Explore the live startup set in Radar

No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.

Explore classified startups in Radar ↗
THE KEY SIGNALS

Consumer Goods industry KPIs in Ahmedabad

A few useful ratios bring the size of this ecosystem into perspective.

2 September 2026
Hiring participation8.4%

47 of 560 tracked companies have open roles.

Funding participation6.2%

35 of 560 tracked companies have a recorded round.

Top 3 funding share80.7%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$672.33K

Midpoint of 61 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 80.7% of disclosed capital, while 93.8% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Ahmedabad consumer goods has grown

Recorded company formation and disclosed funding across the complete annual series shown.

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2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Ahmedabad consumer goods
$0$51.16M$102.31M$153.47M$204.63M2016: $2.17M20162017: $179.5M20172018: $7.28M20182019: $1.13M20192020: $19.6K20202021: $8.49M20212022: $55.9M20222023: $3.26M20232024: $23.54M20242025: $22.68M2025
View the numbers
Annual consumer goods funding and company formation in Ahmedabad
YearFunding (USD)FoundedRaising
2016$2.17M243
2017$179.5M307
2018$7.28M203
2019$1.13M294
2020$19.6K231
2021$8.49M375
2022$55.9M359
2023$3.26M267
2024$23.54M188
2025$22.68M57
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Vini Cosmetics58.7%
  • Renee Cosmetics16.2%
  • R for Rabbit5.8%
  • Other companies19.3%

Funding by stage

70 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel46 65.7%
Series A–B16 22.9%
Series C+ / PE2 2.9%
Grants, debt & other6 8.6%

Recent recorded rounds

Latest recorded rounds · USD
1 rounds

Swipe or scroll horizontally to browse.

Seed03/2026
Stroom $108.08K

Backed by Shreeyansh Edutrade.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Annual accounts for reporting companies linked to this landscape, on like-for-like currency and reporting bases.

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₹ crore · standalone

Display conversions use the dated reference rates above. Where a verified rate is unavailable, figures retain their source currency. Each reporting cohort keeps its currency and accounting basis separate.

FY2025 · annual statements grouped by reported fiscal year; exact entity periods remain on preview rows · 159 reporting entities from 189 eligible matches.

Revenue in covered accounts₹119,841.0 crore

Sum of reporting-entity revenue; not Ahmedabad market sales.

Net profit / loss₹754.7 crore

Combined result for the same cohort.

Aggregate net margin+0.6%

Combined net income ÷ combined revenue.

Median company revenue₹29.9 crore

The middle covered reporting entity.

Profitable entities+71.7%

114 of 159 covered entities.

Top-five concentration+82.2%

Share of covered revenue from the five largest entities.

Annual account trend

Reported cohort totals by year; coverage is stated for every period.

Bar height shows revenue. Changes in coverage can affect totals.

Profitability has two perspectives

FY2025 · 159 reporting entities

Open the company accounts

Up to eight fixed company previews show financial amounts. Search and sort the wider company list, then continue in Radar.

159 reporting entities
Continue your financial research in Radar

Explore full company accounts and filings.

View financials in Radar ↗
AHMEDABAD · INDUSTRY COHORTS

How does consumer goods compare?

Each pair uses the same year, currency and reporting basis. Cohort overlap is disclosed.

IndustryCovered / eligibleRevenue totalMedian revenueNet profit / lossAggregate marginProfitable shareOverlap

Available-account cohorts are not estimates of whole industries. Overlapping entities can occur in more than one cohort; do not add cohort totals.

Coverage, calculations & financial sources

Filed annual accounts for exact designated national identifiers. Every aggregate and peer pair uses one fiscal year, source currency and reporting basis; periods, coverage and overlap are explicit; 2026 partials are excluded.

The same up to eight reporting entities remain open across years, filters and sorts. Other company figures are available in Radar.

Source currencies and accounting bases stay separate. Missing accounts are excluded rather than treated as zero. Exact reporting periods appear on company previews. Annual totals can change with coverage and do not measure growth of a fixed company cohort.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Ahmedabad companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

10 of the 560 companies on this page carry a measured traffic record (1.8%); these are the largest of those, by monthly visits. The median among them is 165,580 visits.

CompanyMonthly visitsAuthorityMobile
Beardobeardo.in1,245,9285095.6%
Renee Cosmeticsreneecosmetics.in1,215,7194297.9%
Dermatouchdermatouch.com578,3793797.1%
R for Rabbitrforrabbit.com556,6425092.5%
Paradyesbirdsofparadyes.com206,5983693%
HomeTownhometown.in124,5634189.6%
stayclassystayclassy.in104,0342087.8%
Bummerbummer.in86,7763580.1%
Okhaiokhai.org84,9633879.6%
OG Beautyogbeauty.in68,0411294.7%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

25 of these companies (4.5%) publish at least one Android app — 46 apps in all, carrying 31.5M installs between them.

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q1–2025Q2).

SegmentAppsInstallsLeading appRelease trend
Baby & Kids Products2029.3MNail Salon Makeover Girl Games 22.9M
Beauty & Personal Care Products41.9MRenee Cosmetics Beauty Store 1.8M
Apparel Brands297.8KAthflex 96.4K
Household Durables585.3KSympark 82.8K
Food & Beverage Products1139.9KSAUDA APP 10.5K
Fashion Accessories415.3KAstmangal Chains 8.3K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2022Q4: 12022Q4: 02022Q42023Q1: 12023Q1: 02023Q12023Q3: 22023Q3: 02023Q32023Q4: 12023Q4: 12023Q42024Q2: 22024Q2: 02024Q22024Q3: 12024Q3: 02024Q32024Q4: 12024Q4: 12024Q42025Q1: 22025Q1: 02025Q12025Q2: 12025Q2: 12025Q2

Darker bars are new releases, lighter bars apps updated. 33 of 46 apps carry a release date. The series ends at 2025Q2, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Ahmedabad consumer goods market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Food & beverage products125
Internet first brands124
Consumer digital86
B2c e-commerce84
Retail tech74
Beauty e-commerce32
Beauty tech32
Internet first beauty brands30
B2c fashion e-commerce23
Internet first fashion brands23
Internet first apparel brands22
B2c grocery delivery18

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Food & beverage products

The largest measured segment in this report snapshot.

125companies
12.8%have hiring activity

16 companies hiring · $23.4M disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

E-commerce - product517
Physical commerce167
Advertising27
Commission on transaction17
E-commerce - service16
Fee-for-service8
Subscription6
Sponsorship4
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

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Recent corporate headlines 10 dated reports
Mergers & acquisitionshometown.in ↗

First Community Bankshares, Inc. (NASDAQ: FCBC) announced today that it has completed the acquisition of Hometown Bancshares, Inc., ("Hometown") and Hometown’s wholly owned subsidiary, Union Bank, Inc. The acquisition became effective at the close of business on January 23, 2026.

Mergers & acquisitionsmadhur.co ↗

Annapurna Swadisht Limited had, in FY2025, acquired Madhur Confectioners Private Limited strengthening its positioning in confectionary segment and expanding its presence across key international markets such as UAE, Europe, UK, Saudi Arabia and Africa among others.

Mergers & acquisitionsarvindfashions.com ↗

3 months ago Arvind Fashions said on Monday it will buy Flipkart India’s entire 31.25% stake in its denim-focused unit that runs the Flying Machine brand, in a deal valued at Rs 135 crore.

Mergers & acquisitionsbarcelonaclub.in ↗

Recomotor, distributor of recovered parts for workshops and automotive professionals, continues its expansion with the acquisition of a new scrapping in Sant Andreu de la Barca (Barcelona).

Mergers & acquisitionszyduswellness.com ↗

He noted that Zydus Wellness is focusing on both food and nutrition as well as personal care. He said last year’s acquisition of RiteBite’s Max Protein brand.

Funding roundsrforrabbit.com ↗

Aug 20, 2025 R for Rabbit Raises USD 27 Million in Growth Capital Led by Filter Capital and Co-Led by 3one4 Capital

Funding roundsreneecosmetics.in ↗

Beauty brand Renee Cosmetics secured second position with $30 million in a funding round led by Playbook.

Mergers & acquisitionsadaniwilmar.com ↗

ACL and Lence have entered into a share purchase agreement (SPA), under which “Lence has agreed to purchase, and ACL has agreed to sell up to a maximum of 25.99 crore shares representing up to 20 per cent of the issued and paid-up equity share capital of AWL Agri Business Ltd (formerly Adani Wilmar Ltd) held by ACL and not less than 142,964,647 equity shares representing 11 per cent of the issued and paid-up equity share capital of the AWL, at ₹275 a share.

Mergers & acquisitionsvadilalgroup.com ↗

Vadilal Industries has a plan to buy the eponymous trademark from a promoter entity for about ₹1,000 crore.

Mergers & acquisitionsrasnainternational.com ↗

Instant beverage major Rasna has acquired popular juice brand Jumpin from Hershey’s India, marking its foray into the ready-to-drink (RTD) segment.

Full recorded event mix

Top 10 categories among 356 recorded events in the 24-month window.

Earnings
166
Mergers & acquisitions
68
Leadership moves
25
New products
17
Funding rounds
15
Company announcements
11
Contracts
11
Capital infusions
10
Regulatory
9
IPO activity
8
7 activity cards

Swipe or scroll horizontally to browse.

Leadership moves

15 tracked people moves

Tushar Tripathi

Appointment Chief Executive Officer

Adhir Anand

Appointment Head of Media & Digital

Arvind ↗
Susheel Kaul

Resignation Previously Managing Director and President (Textiles)

Bhawesh Thakar

Appointment chief digital and information officer

Arvind ↗
Rajarshi Ghosh

Appointment Chief Executive Officer

Shailesh Chaturvedi

Retirement Previously Chief Executive Officer & Managing Director

Amisha Jain

Appointment Chief Executive Officer & Managing Director

Arvind ↗
Punit Lalbhai

Appointment Executive role to lead the textiles and apparel business

Product launches

Products, platforms and features in the recorded window

Vadilal ↗
Café Mocha

Flavor

Vadilal ↗
Pista Kunafa

Flavor

Korean-flavoured Protein Chips

Protein chip

RiteBite Max Protein RTD Protein Shakes

Protein beverage

Workforce actions

1 companies with reported reductions

Creative ↗

14.0% rolescost reduction

Regulatory events

10 recorded events

approvedAndhra Pradesh Cabinet

fined for GST demand and penaltyDirectorate General of Goods and Services Tax Intelligence, Surat Zonal Unit

Mishtann ↗

Show-cause notice issued to 24 entities including Mishtann FoodsSecurities and Exchange Board of India (SEBI)

Mishtann ↗

Fined for returning misappropriated fundsSecurities and Exchange Board of India (SEBI)

Litigation

2 tracked suits

Company
zydus wellness v Directorate General of Goods and Services Tax Intelligence,

GST demand related to acquisition of intellectual property rightsRegulatory · Filed

Company
sebi v mishtann foods

Financial misrepresentation and misappropriation of fundsRegulatory · Ongoing

Earnings pulse

Reported company results in the recorded window.

27companies
171period observations
16.0%median reported growth

Median across 159 reported growth observations; companies may contribute multiple periods.

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
Na→AWL Agri Business ↗Announced2026-07-18$736.0M
marico→Beardo ↗2026-03-26Not stated in snapshot
brynwood partners→HomeTown ↗2026-02-06Not stated in snapshot
first community→HomeTown ↗Completed2026-01-23Not stated in snapshot
Zydus Wellness→comfort clickCompleted2026-01-20Not stated in snapshot
annapurna swadisht→Madhur Industries ↗Completed2026-01-06Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

22 postings in the preceding 12 months. The full 27-posting snapshot covers 22 employers.

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Most advertised job titles

Marketing And Consumer Insights Manager2
Area Recovery Manager|Consumer Loans Cross Sell1
Analyst Iii, Consumer & Marketing Insights1
Sr Manager / Avp Consumer Lighting1
Rl Consumers:Sales Manager Education Loan1
Manager, Marketing/Consumer Insights (Ahmedabad)1
0 internship postings

0 tracked postings mention remote work.

The seniority mix

16 postings specify a level.

manager
12
unspecified
11
senior
3
entry
1

Skills employers mention

Top skills across 27 tracked postings in the available jobs snapshot.

Consumer Insights
6
Market Research
6
Project Management
5
Communication
4
Analytical Skills
4
Team Management
4
Brand Research
3
Excel
3
Stakeholder Management
3
Communication Skills
3
THE PEOPLE BUILDING THE FIELD

Founders and leaders

356 founders and chief executives across 256 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

8 profiles with education records.

IIT Bombay
3
IIM Ahmedabad
3
IIM Bangalore
1
Faculty of Management Studies
1
University of Delhi
1

Prior employers

3 profiles with prior-work records.

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

24,761 articles in the measured 12-month window.

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24,761articles in the measured year
6,749articles in 2026Q1
62.1%positive tone in the latest complete year

News volume trends

Consumer Goods coverage tagged Ahmedabad · articles per complete quarter

02,4274,8547,2809,7072021Q2: 2,3202021Q22021Q3: 1,7732021Q4: 1,7472022Q1: 3,0182022Q2: 2,8812022Q22022Q3: 3,2012022Q4: 3,5632023Q1: 6,0042023Q2: 4,9502023Q22023Q3: 4,1062023Q4: 8,4412024Q1: 3,8732024Q2: 4,5982024Q22024Q3: 3,2022024Q4: 3,6112025Q1: 5,8022025Q2: 7,6662025Q22025Q3: 5,2812025Q4: 4,5692026Q1: 6,7492026Q1
View quarterly article counts
QuarterArticles
2021Q22,320
2021Q31,773
2021Q41,747
2022Q13,018
2022Q22,881
2022Q33,201
2022Q43,563
2023Q16,004
2023Q24,950
2023Q34,106
2023Q48,441
2024Q13,873
2024Q24,598
2024Q33,202
2024Q43,611
2025Q15,802
2025Q27,666
2025Q35,281
2025Q44,569
2026Q16,749

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
4,744 positive · 213 neutral · 2,019 negative
2022
8,945 positive · 369 neutral · 3,334 negative
2023
17,327 positive · 671 neutral · 5,461 negative
2024
11,612 positive · 364 neutral · 3,284 negative
2025
14,459 positive · 647 neutral · 8,171 negative

Leading coverage topics

Consumer Goods coverage tagged Ahmedabad · ranked by full-period article count.

Geopolitical Disputes And Contested Areas300,776 articles in the full recorded period
108,120 recent · 81,398 prior
International And Transnational Geographic Entities300,756 articles in the full recorded period
108,111 recent · 81,397 prior
Administrative And Political Subdivisions300,701 articles in the full recorded period
108,088 recent · 81,386 prior
International Sports Competitions112,557 articles in the full recorded period
27,436 recent · 27,027 prior
International Political Relations73,546 articles in the full recorded period
23,057 recent · 15,383 prior
New Product Launches And Innovations60,436 articles in the full recorded period
18,119 recent · 14,038 prior
Political Party Dynamics55,766 articles in the full recorded period
11,802 recent · 11,823 prior
Cricket Test Matches55,642 articles in the full recorded period
13,513 recent · 11,933 prior
Strategic Partnerships And Collaborations52,392 articles in the full recorded period
16,079 recent · 11,865 prior
Trade Policies And Agreements47,044 articles in the full recorded period
22,863 recent · 11,745 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

India comparison coverage

KeywordRecentPriorChange
tariff negotiations11,6435,711104%
bilateral trade4,6152,44889%
trade dispute mechanisms4,5262,215104%
trade barrier reduction4,5142,45884%
trade facilitation commitments4,3372,20996%
countries4,1931,860125%
free trade deals4,0872,44367%
multilateral diplomacy3,9232,72644%
diplomatic strategies3,8342,35563%
bilateral trade imbalance3,2982,06360%
odi cricket6,0539,697-38%
limited overs cricket5,7949,349-38%
odi tactics5,6508,792-36%
odi series5,2748,362-37%
odi tournaments5,0478,103-38%

Event and signal lenses

India comparison coverage

All complete annual cohorts shown
Rising

Regulatory Risk

1,891,097 classified articles

territories, disputed islands, test cricket

43.1% critical · 27.8% positive
Rising

Funding Momentum

250,301 classified articles

pre-ipo valuation, ipo prospectus, ipo pricing

48.2% critical · 47.0% positive
Rising

Growth

531,078 classified articles

gdp growth rate, economic output growth, economic growth statistics

46.7% critical · 50.6% positive

Consumer Goods coverage tagged Ahmedabad. Topic labels describe recorded classifications and can include broad context.

UNDERSTAND THE LANDSCAPE

Consumer Goods in Ahmedabad: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

Company ecosystem snapshot: 2 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon