If we talk about it, BluePine Industries is a renowned company and a well-known startup that commenced its journey in the year 2016 and continues to thrive in 2024. They are known for manufacturing food products such as frozen Veg Momos, Frozen Spring Rolls, and Frozen Non-Veg Momos.
In this blog we will be discussing about some key matrix of Blue pine industries and I can guaranty you that after reading this blog you will have complete information regarding Bluepine foods which is an emerging startup known for selling frozen product the list are as follows
- Company Profile: BluePine Foods
- Mission,vision and goals
- Fund and Investment of the company
- BluePine Foods founder and Board of Directors
- BluePine Foods net worth along with his founder
- Competitors of Bluepine Industries
- Latest Shareholding of Bluepine Foods
- Investments and Acquisitions of Bluepine Industries
Company profile of Bluepine Foods-Industry:
Table of Contents
- 1 Company profile of Bluepine Foods-Industry:
- 2 Mission,vision and goals of BluePine industries
- 3 Fund and Investment of Bluepine Industries:
- 4 BluePine Industries Founder and Board of Directors:
- 5 Latest Share holding of Bluepine Foods:
- 6 BluePine Foods net worth along with founder net worth:
- 7 Competitors of Bluepine Industries:
- 8 Bluepine industries careers:
- 9 Bluepine industries products:
- 10 BluePine Private Limited company revenue growth:
- 11 FAQ related to BluePine Industy:
To have a throw knowledge about BluePine Industries the company profile we have to take two things into consideration one is the sectors an market segment they are serving and second is legal entities to which BluePine Industry is associated with so ley’s start the discussion.
What sectors and market segments does Bluepine Foods operate in?
If we talk about BluiPine industry, then currently they are currently in food and beverages sector where they are selling consumer goods (in short term we can consumer goods are those goods which are used and consumed by customer like food clothing etc) say to the customer.
Which legal entities is BluePine Industries associated with?
BluePine foods is is a connected/associated with only one legal entity as of 2024 that is the name by which was registered.
BluePine industry legal name is “BLUEPINE FOODS PRIVATE LIMITED” which was founded and legally registered on May 01,2016
Mission,vision and goals of BluePine industries
For this part of the blog we will be discussing about the mission, Vision and goals of Bluepine foods so let’s dive into the topic:
Mission:
The mission of BluePine Pvt. Ltd. is to deliver convenience in the daily food experience to their consumers by providing products that are easy to cook without compromising on taste and convenience of the product.
Vision:
The vision of Blue pine foods is to enable and empower individuals like us to transform society by serving them with convenient food ,which are not only saves time but are also reliable and simple to make.
Goals:
The goals of BluePine foods is to provide society with high quality of authentic cuisine based on traditional recopies handed down from family to family.
Fund and Investment of Bluepine Industries:
Till now Bluepine foods have raised the total funding of Rs 14774986.50 which sums up to be 1.47 Crores in Indian rupees and 177K in dollars in two rounds.
The first round was conducted on Dec 26,2021 while there last funding round was conducted in Aug 04,2022 which was a seed round where they have raised a sum total of 66.02 lakhs in Indian Rupees which is equal to 79.1 Doller and five investors participated in this round which was lead by Ash Grove LLP, Eighty Seven Fifty Six Ventures.
| Date of funding | Funding Amount | Round Name | Investors |
|---|---|---|---|
| Aug 04, 2022 | $79.1K | Seed | Ash Grove LLP, Eighty Seven Fifty Six Ventures, and 3 more |
| Dec 26, 2021 | $98.3K | Angel | Aman Gupta, Vineeta Singh, and 1 more |
BluePine Industries Founder and Board of Directors:
In this section of the blog, we will introduce the founders and directors of BluePine Industries, so let’s dive right in:
| Name | Role | Founder Companies | Board Companies |
|---|---|---|---|
| Aditi Madan | Co-Founder | 1 | 1 |
| Naveen Panwar | Co-Founder | 1 | 1 |
| Rohan Singh | Director | 1 | 2 |
Key take-away from the table about the founder and directos of Blue Pine company:
- Aditi Madan and Naveen Panwar is the Co-founder of the company and
- Rohan Singh is the Director
Table of latest share holding of each investor in blue pine foods:
| Shareholders Name | Post Round Holding % | Net worth |
|---|---|---|
| Founder | 82.34% | 3.86Cr |
| Fund | 10.66% | 50L |
| Angel | 2.67% | 12.5L |
| Other People | 4.33% | 20.3L |
| Total | 100.00% | 4.69Cr |
- Founder Dominance: The founder holds the majority stake in the company, with a post-round holding percentage of 82.34%. This indicates significant control and influence over the company’s direction and decisions.
- Diverse Investor Base: Apart from the founder, the company has received investment from a variety of sources, including funds, angel investors, and other individuals. This diversification suggests support from multiple stakeholders and potential avenues for future funding or partnerships.
- Significant Total Investment: The total net worth of all shareholders combined is ₹4.69 Crore, indicating a substantial investment in the company’s growth and development.
- Potential Growth Opportunities: With a diverse investor base and significant investment, the company may have ample resources to pursue growth opportunities, expand operations, or invest in research and development.
- Founder’s Commitment: The founder’s substantial net worth and majority ownership stake demonstrate a strong commitment to the company’s success and long-term vision.
BluePine Foods net worth along with founder net worth:
In this part of the blog we will be discussing about the net worth of the company as well as the founder-owner net worth:
For this we will be discussing about three key factors that determines the net worth of any company that is:
- Valuation of BluePine Private Limited company
- Estimated net worth of company from 2016 to 2024
- Founder net worth and there holding in Blue pine industry as of 2024
Valuation of BluePine Private Limited company:
BluePine Foods’ valuation as of April 30, 2024, is estimated to be $1 million. This estimation is based on the last confirmed data on August 04, 2022, when the company’s valuation was $592,000.
Since then, the company has been growing at a stagnant pace of 80% per year from 2021 to 2024. Considering this growth rate, the actual valuation of the company is projected to be between $1-2 million dollars as of 2024.
Estimated net worth of company from 2016 to 2024:
The net worth of the company from the day they started in the year 2016 to the current year 2024 is estimated to be 100k to 150k dollars.And from the year 2021 to 2024 it is continually growing at a pace of 80% every year.
Founder net worth and there holding in Blue pine industry as of 2024:
As of 2024, the current shareholding of founders in BluePine Industries is reported to be 82.34%, as per recent news posted by Economics Times. Each founder of the company has a current net worth ranging from 4 to 5 crores for the year 2024. This net worth is expected to increase over time as the company progresses.
Competitors of Bluepine Industries:
BluePine Industries/foods has 102 competitors and it ranks 19 th among all the competitors.
Seven of his competitors are well funded While eight of them has exited the market.Overall, BluePine foods and its competitors have raised a sum total of $33.8 Million in funding in 38 rounds which include 151 investors involvement.
Among all these competitors I will be discussing about top 3 competitors of BluePine Private Limited company.
List of three competitors:
- Competitor 1:Yu Foodlabs
- Competitor 2:Venkys
- Competitor 3:Hyfun Foods
Competitor 1:Yu Foodlabs
In this part we will be talking about the first competitor of BluePine Foods company that is Yu Foodlabs who has started his journey in the year 2021 and till now they have raised the funding of $2.51 Million in just a time span of approx 3 years.
Yu Foodlabs complete data table:
| Company Name | Yu Foodlabs |
|---|---|
| Description | Brand of instant meal in a bowls |
| Founded Year | 2021 |
| Location | Gurgaon (India) |
| Company Stage | Series A |
| Total Funding | $5.91M |
| Funding Rounds | 5 |
| Latest Round | Series A, $2.41M, Feb 12, 2024 |
| Investor Count | 34 |
| Top Investors | Elcid Investments, Asian Paints & 32 others |
key take away’s from the table:
The key takeaway from the table for Yu Foodlabs is that it is a company founded in 2021, based in Gurgaon, India. It has progressed to the Series A stage with a total funding of $5.91M raised over 5 funding rounds.
The latest round, Series A, raised $2.41M on Feb 12, 2024. With 34 investors, including Elcid Investments and Asian Paints among others, it signifies strong investor interest and support in the company’s vision and growth potential.
Competitor 2:Venkys
In this part we will be talking about the first competitor of “BluePine PVT. LTD.” company that is Yu Foodlabs who has started his journey in the year 2021 and till now they have razed the funding of $263k in just a time span of approx 53 years.They have raised very small capital from the market till now and Venkys is the one of the oldest competitors in this sector.
Venkys complete data table:
| Company Name | Venkys |
|---|---|
| Description | Manufacturer of processed, nutritional & feed supplements, egg powder, frozen poultry products |
| Founded Year | 1971 |
| Location | Pune (India) |
| Company Stage | Public |
| Total Funding | $263K |
| Funding Rounds | 1 |
| Latest Round | PE, $263K, Jun 01, 1994 |
| Investor Count | 2 |
| Top Investors | IFU, Jai Capital |
key take away’s from the table:
The key takeaway from the table for Yu Foodlabs is that it is a company with a long history, founded in 1971 and based in Pune, India. Despite being in the public stage, it has received relatively low funding of $263K from only 2 investors.
This suggests a conservative growth approach or potentially niche market focus. The latest funding round, a private equity investment of $263K, occurred on Jun 01, 1994, indicating a significant gap in recent funding activities.
Competitor 3:Hyfun Foods
In this part we will be talking about the first competitor of BluePine Industries company that is Hyfun Foods who has started his journey in the year 2010 and till now they have raised funding from the market but till now the amount is not disclosed to public they have done two round of funding in the course of 14 years.
Hyfun Foods complete data table:
| Company Name | Hyfun Foods |
|---|---|
| Description | Production of potato based frozen food |
| Founded Year | 2010 |
| Location | Ahmedabad (India) |
| Company Stage | Late Stage |
| Total Funding | – |
| Funding Rounds | 2 |
| Latest Round | Conventional Debt, Undisclosed, Jul 01, 2012 |
| Investor Count | – |
| Top Investors | – |
key take away’s from the table:
Hyfun Foods, specializing in potato-based frozen food products, has thrived since its inception in 2010. Located in Ahmedabad, India, the company benefits from a strategic location in a region known for its agricultural prowess.
Positioned at the “Late Stage,” Hyfun Foods reflects a seasoned player in the industry, likely focused on expanding its market reach. Although specific details about funding remain undisclosed, having undergone two funding rounds suggests investor interest in supporting the company’s growth trajectory. Despite the absence of information regarding investor count and top investors, Hyfun Foods stands as a testament to innovation and quality in the frozen food sector.
Bluepine industries careers:
Here’s the table about BluePine Industries careers from 2016 to 2021:
| Date | Event |
|---|---|
| 2016 May | Company Incorporation: Formally after 2 Years Trial and Validation Registered the Company as a Startup. |
| 2018 Apr | Stepped into New Market: Launched Own QSR- Brand Yangkiez. |
| 2020 Jan | Awards: Industry Excellence Awards- Innovation in Product. |
| Aug | Accelerator / Incubator Program: Selected For Women Startup Program NSRCEL-IIM Bangalore & Incubated under Amongst 11000+ Participants and Reaching Top 20 in September 2021. |
| 2021 Sep | Accelerator / Incubator Program: Selected as Top 25 Startups for Accelerator Program Under Technoserve -TAPWE-IIMB EEP Program. |
And if we talk about the career growth of BluePine Private Industry for the year 2022 and 2024 after the investment of shark like Ashneer Grover, Vinita Singh,and Aman Gupta Bluepine’s in maintaining a steady growth rate of 80% which is good for this sector as because the competition is two high.
This table provides a concise overview of the major events and milestones in the journey of Bluepine Company, from its incorporation to its participation in accelerator and incubator programs.
BluePine Private limited company career started in the journey in the year 2016 and continues to thrive in 2024. They are known for manufacturing food products such as frozen Veg Momos, Frozen Spring Rolls, and Frozen Non-Veg Momos.
History of Bluepine Industry growth:
When discussing the history of Bluepine Private Limited, it began in 2016. Although the company initially faced challenges and did not show significant growth until 2021, subsequent investment and guidance from shark’s like Ashneer Grover, Vinita Singh,and Aman Gupta have resulted in tremendous growth over the last 3-4 years (2021-2024).
Current status of BluePine Industry:
Currently the company is doing well and growing at a stagnant growth of 80% year on year as per new’s they are planning to raise a second round of Funding by the end of FY 2024.
For more information related to career of company and founder have a visit to the company LinkedIn profile.
Bluepine industries products:
In this part of the blog we will be talking about the product of BluePine Industry about there USP,Pricing,where and how can I buy them and Rating of there product in market places like amazon and FlipKart. So let’s start
USP of the product:
The greatest USP of the products produced by Bluepine Industry is the convenience and authenticity of the product without compromising on the taste and quqlity of the product.
Price of the product:
Pricing of the product is good if I compare with startup but for mass audience it might be more expensive so according to me the market size is little constrain but it will improve when they start getting more orders.
Rating in Market place:
Right not in market places like amazon and Flipkart they are maintaining a moderate rating of 3.5 to 4 star rating that means that customer is right now confuse about the product or we can say right now customer is not fully accepting the product nor rejecting it.
BluePine Private Limited company revenue growth:
operating revenue of blue pine industries is right now ranging between 14-30 Cr as of now but is effected by factors like EBITDA, Net-Worth, Debt/Equity Ratio and return on equity
Currently, BluePine Industries is not listed on the stock market, so its share price remains undefined. However, there is potential for the company to become listed within the next 10-15 years.
Who is the owner of Momo Mami?
Aditi Bhutia Madan is the owner of Momo Mami.
Is Blue pine Momos good?
In response, I’d say the customer reaction is moderate. While it’s true that many people prefer freshly made momos, I’ve personally tried BluePine’s momos and found them to be quite enjoyable.
If you’re interested in exploring similar topics further, you’re welcome to visit my blog on Skippi. Skippi, a trending startup featured on Shark Tank and funded in 2021, offers insightful content on related subjects.
