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adinathagro.com

Stage

Unattributed VC | Alive

About Adinath Agro

Adinath Agro is a food processing company largely focused on ketchup and sauces which sell under the brands Surabhi, Winn and Magic King.

Adinath Agro Headquarter Location

301 & 302, Yashodhan Business Complex S. No. 1187/11, Off Ghole Road

Pune, 411005,

India

+91-9921990033

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Expert Collections containing Adinath Agro

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Adinath Agro is included in 1 Expert Collection, including Food & Beverage .

F

Food & Beverage

2,830 items

Latest Adinath Agro News

India’s Adinath Agro raises first round from Carpediem Capital, others

Dec 22, 2015

Ltd has raised its first round of investment for an undisclosed sum from private equity fund Carpediem Capital for a significant minority stake. Infina Finance Pvt. Ltd , an associate of Kotak Mahindra Bank, has co-invested alongside Carpediem Capital. Candle Partners was the exclusive financial advisor to Adinath Agro on the deal. Adinath Agro is a food processing company largely focused on ketchups and sauces which sell under the brands Surabhi, Winn and Magic King. The company is promoted by two first generation entrepreneur brothers, Nitin and Rajesh Gandhi, who have over 25 years of experience in the food processing industry. “We believe this partnership will help accelerate our growth trajectory as we penetrate further into our existing markets and expand into new markets,” said Rajesh Gandhi, director, Adinath Agro. Carpediem Capital is an India focused private equity fund with an investment focus of small and medium business enterprises in the consumer and service sector. “The investment is in line with Carpediem’s investment philosophy of backing emerging leaders. The company is a leader in the niche category of Jain sauces, which is seeing double digit growth due to increased penetration in tier II and tier III markets. The Gandhi family has built a profitable company with strong fundamentals and we are excited to partner them in the next phase of its growth,” said Hithendra Ramachandran, managing director, Carpediem Capital. Also Read:

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  • Where is Adinath Agro's headquarters?

    Adinath Agro's headquarters is located at 301 & 302, Yashodhan Business Complex, Pune.

  • What is Adinath Agro's latest funding round?

    Adinath Agro's latest funding round is Unattributed VC.

  • Who are the investors of Adinath Agro?

    Investors of Adinath Agro include Carpe Diem Capital Management and Infina Finance.

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