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A high growth vegan meat manufacturing startup is looking to raise funds

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Thamarai Kannan (Hayagriva Advisory)

Business Brief

The company manufactures high-moisture meat analogues designed to replicate the taste, texture, and mouthfeel of animal meat. The product aims to address gaps in existing plant-based alternatives.

Business Model:
Contract Manufacturing & HoReCa (Hotels, Restaurants & Catering) Supplies

Revenue:

From July 2024- Feb 2025: INR 2.5 Crores (The company is in operation from July only)

Products & Services

High-moisture meat analogues

Proposal

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Industry

Food and Beverage (Manufacturing)
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Sub Industry

Food processing (flour, grains, cereals,oils)
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Nature of Business

B2B
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Sector

Manufacturing (Contract Manufacturing)

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Location

India
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Region

Southern
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Open For Dilution

12 %
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Top Customer

  • Blue Tribe
  • PFC Foods
  • Green Meat
  • Continental Coffee (Green Bird)
  • Rollin’ Plants
  • ISHA Veg Restaurant
  • Lono Café and more
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Ask

INR 18 Cr
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End use of fund

1. Aggressively pursue high growth initiatives & revenue
2. Establish standards to attain global standards and competence for exports to USA, Europe and other countries
3. Create high valuation to the brand
Financial Information 2024 (in Cr) 2023 (in Cr) 2022 (in Cr)
Sales N.D N.D N.D
EBITDA 0 0 0
PAT 0 0 0

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