Welcome to the “Beyond Snack Company Profile.” We’ll explore the Kerala brand’s journey, its Shark Tank India appearance, and the visionary behind it. Plus, we’ll dive into how Beyond Snack became a key player in the snack industry, along with a complete overview of the company’s financial.
List of things that we will be discussing in this blog are:-
- Intro about the company(Beyond Snack)
- Which legal entities is Beyond Snack associated with?
- Brief Intro on the owner of Beyond Snacks and its Net Worth
- Discussion on the Net Worth of the company
- Info on Investors of the company
- Total funding the company has received
- Revenue of the company
- Competitors of Beyond Snacks compamy
- Total turnover of the company
- Valuation of the company
And just when you think you’ve seen it all, we’ll take you behind the scenes of Beyond Snack thrilling appearance on Shark Tank, uncovering the drama and excitement of that pivotal event. Get ready for an engaging journey through the rise of Beyond Snack.
Beyond Snack kerala Banana Chips Introduction:
Table of Contents
- 1 Beyond Snack kerala Banana Chips Introduction:
- 2 Which legal entities is Beyond Snacks associated with?
- 3 Beyond Snack Owner:
- 4 Beyond Snack founder Net worth:
- 5 Beyond Snack Net Worth:
- 6 Beyond Snack Investors:
- 7 Beyond Snack Funding:
- 8 Beyond Snack Revenue:
- 9 Beyond Snack Competitors In India:
- 10 Beyond Snack Valuation:
- 11 Beyond Snack Turnover:
- 12 Beyond Snack Shark Tank:
- 13 FAQ question related to Beyond Snack company profile
Beyond Snack, founded in 2018, is a banana chips company dedicated to offering hygienic, flavorful banana chips across India.
Based in Alappuzha, Kerala, the brand brings a modern twist to this traditional snack with a variety of unique flavors, focusing on quality and taste. Their mission is to make banana chips a healthier and more exciting snack option for consumers nationwide.
What beyond snacks company do kerala banana chips?
Beyond Snack is a snack food company specializing in banana chips made from high-quality bananas and raw materials.
Committed to maintaining strict hygiene standards, they offer a variety of flavors that cater to diverse tastes. Their products are designed to be both delicious and nutritious, featuring prebiotic properties that promote better health with every bite.
Now lets move on to next part of the blog where we will be discussing about the legal entity with which the company is associated with
Which legal entities is Beyond Snacks associated with?
Current Beyond Snacks is associated with only 1 Legal entity named: DR JACKFRUIT INDIA PRIVATE LIMITED details are provided in the table.
| Legal Entity Name | Date of Incorporation |
|---|---|
| DR JACKFRUIT INDIA PRIVATE LIMITED | April 24, 2018 |
Now that we’ve covered the introduction of beyond snacks it’s time to move on to the next topic: getting to know the visionary founder/owner behind the creation of this innovative company by digging deep in Beyond Snack Company Profile.
Beyond Snack Owner:
Manas Madhu is the co-founder and Owner of Beyond Snack, a Kerala-based banana chip brand.
Originally an engineer from Alappuzha, Manas transitioned into entrepreneurship, bringing his expertise in marketing and strategy to the brand.
Alongside his co-founders Jyoti Rajguru and Gautam Raghuraman, Manas has helped elevate Beyond Snack as a unique player in India’s snack industry, focusing on quality, hygiene, and innovation. His leadership has played a key role in redefining the traditional Kerala banana chips for modern consumers.
If you want more details about the owner of Beyond Snacks, feel free to visit the LinkedIn profile of Manas Madhu, where you can find information about his experience, education, and more.
Now, let’s move on to the next section in the “Beyond Snack Company Profile.” In this part, we will take our first step into the financial profile of Beyond Snack, starting with a discussion about the company’s net worth.
Beyond Snack founder Net worth:
As of the last update from the company in July 27, 2023, the founder net worth was estimated to be Rs 24.8 crore, holding 24.49% of the company. However, in 2024, the scenario might changed as company is planning to raise another round of funding from investors.
Now, let’s move on to the next section in the “Beyond Snack Company Profile.” In this part, we will take our first step into the financial profile of Beyond Snack, starting with a discussion about the company’s net worth.
Beyond Snack Net Worth:
The net worth of Beyond Snack, as per the recent update published in July 27, 2023 following is expected to, around Rs 101 Crore, which is equil to $12.03 Million. And is expected to reach to Rs 150-160 Crore by the end of financial year 2024-2025.
Having said that the Net Worth of the any company depends on various factors some of the factors are:-
- Investors of Beyond Snack
- Total funding raised by Beyond Snack
- Revenue generated by Beyond Snack
- Valuation of Beyond Snack
- Beyond Snack Turnover
Let’s dive deeper into the “Beyond Snack Company Profile” and explore the essential financial aspects that shape its growth of company. So, Let’s go and discuss them one by one.
Beyond Snack Investors:
Beyond Snack currently boasts 66 investors, including 10 institutional investors such as NABVENTURES and 9 others.
In addition to this, they have attracted 56 angel investors, with notable names like Aman Gupta among them, highlighting the widespread belief in the company’s potential and growth trajectory.
Who invested in Beyond Snack?
To address this question, I have compiled a list of the major investors in Beyond Snack, along with a brief introduction for each:
- NABVENTURES: A fund backed by the National Bank for Agriculture and Rural Development (NABARD) that invests in food, agritech, and rural fintech.
- 100X VC: An early-stage venture capital firm that was one of the initial investors in Beyond Snack.
- Faad Network: An angel investment network that provides funding to early-stage startups, including Beyond Snack.
- Aman Gupta: Co-founder and chief marketing officer of boAt, who invested in Beyond Snack after its appearance on Shark Tank India.
- Ashneer Grover: Co-founder of BharatPe, who also became an investor in Beyond Snack after seeing the company on Shark Tank India.
- Manas Madhu: The co-founder of Beyond Snack, who initially funded the company with money borrowed from friends and family.
Now that we’ve introduced the key investors driving the growth and funding of the company, let’s delve into the next part of the blog in Beyond Snack company profile overview where we will discuss the total funding that Beyond Snack has raised up to date.
Beyond Snack Funding:
As of the latest update, Beyond Snack has raised a total funding of $5.98 million (approximately Rs 50.2 crore) across 6 funding rounds.
The most recent round occurred on July 27, 2023, where the company secured $3.5 million, roughly equivalent to Rs 29.3 crore. This funding highlights the growing confidence in the brand’s potential and its future expansion plans.
But don’t worry I have provided the details of previous funding as well which contains details on Date of Funding, Funding Amount and Round Name
| Date of Funding | Funding Amount | Round Name |
|---|---|---|
| Jul 27, 2023 | $3.5M | Seed |
| Sep 12, 2022 | $192K | Seed |
| Feb 15, 2022 | $234K | Seed |
| Jan 10, 2022 | $74.4K | Angel |
| Jan 01, 2021 | $1.98M | Seed |
| Dec 22, 2020 | No Data | No Data |
Moving on to the next segment of the “Beyond Snack Company Profile”, let’s dive into the revenue generated by the company. Let’s explore how Beyond Snack has been performing financially.
Beyond Snack Revenue:
In 2023, Beyond Snack achieved an impressive annual revenue of Rs 17.7 crore and is ambitiously aiming to reach Rs 100 crore this financial year 2024.
Before their Shark Tank appearance, Beyond Snack’s monthly sales stood at Rs 20 lakh. However, their success has propelled their daily production from 700 kilograms to a remarkable 3,800 kilograms.
Additionally, the brand’s presence has expanded significantly, with its products now available in 4,000 stores, a dramatic increase from fewer than 1,000 which could definitely lead to increase in its Revenue by the end of financial year 2024-2025.
Now, let’s move on to the next topic in the “Beyond Snack Company Profile,” where we will discuss the Competitors of Beyond Snack.
Beyond Snack Competitors In India:
Competitors play a crucial role in shaping a company’s growth and market dynamics. They influence key financial metrics such as net worth, valuation, revenue, and sales, impacting the overall performance and strategic direction of the company.
Top 3 competitors of Beyond Snack:
- Truly Kerala
- Crizpo
- EnChipsu
Now, let’s move on to the next topic in the “Beyond Snack chips Company Profile,” where we will discuss the Valuation of Beyond Snack.
Beyond Snack Valuation:
Based on the latest funding round held on July 28, 2023, Beyond Snack’s current valuation is estimated at $12.3 million, which is approximately Rs 103 crore and based on the rapid expansions its valuation is going to increase to Rs 150 Crore or above by the end of this financial year.
Next, we’ll delve into the Beyond Snack company profile, focusing on the annual turnover and how it reflects the company’s growth and success.
Beyond Snack Turnover:
According to the latest update from 2023, Beyond Snack’s turnover has surged from Rs 17.7 Crore to nearly Rs 35 Crore for the financial year 2024. This impressive growth reflects a nearly doubled revenue in just one year, highlighting the company’s effective strategy and strong performance.
For the financial year 2024-2025, Beyond Snack is projecting to reach a turnover between Rs 50-80 crore.
Now moving on to the final part of the blog about Beyond Snack Kerala company profile, let’s explore how Beyond Snack gained its popularity through its Shark Tank journey.
Beyond Snack Shark Tank:
In this section of the blog, we will dive into the exciting journey of Beyond Snack on Shark Tank. We’ll explore the details of their pitch, the deal they secured, and, finally, the remarkable transformation of Beyond Snack Company after their Shark Tank experience.
Beyond Snacks made its exciting appearance on Shark Tank Season 1 in December 2021, with the aim of providing hygienic banana chips, a popular South Indian delicacy.
The pitch began with a discussion on the quality of the product, and after sampling it, the sharks expressed their appreciation. They then started making offers and negotiating deals with the founder of Beyond Snacks.
Beyond Snack Shark Tank Deal:
Beyond Snacks received multiple offers on Shark Tank, but the final deal was a combined offer from Ashneer Grover and Aman Gupta. They jointly offered Rs. 50 lakhs for 2.5% equity in the company.
Beyond Snack Shark Tank Investors:
Two investors has invested in Beyond Snack brand the name of that investor is provided in the list below.
- Ashneer Grover
- Aman Gupta
Now lets move on to the last part of the blog about, where we will be discussing about the most asked FAQ question related to Beyond Snack company profile.
Is beyond snack profitable?
Yes, Beyond Snack, a banana chip company from Kerala,started in 2018 is profitable.
Is beyond snack healthy?
Yes, Beyond Snack banana chips are considered a healthier snack option because they are made with high-quality ingredients and modern cooking techniques.
Who is beyond snack owner in kerala?
Manas Madhu is the co-founder and Owner of Beyond Snack, a Kerala banana chips brand.
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