Madmix
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Madmix - overview
Established
2021
Location
Mumbai, Maharashtra, India
Primary Industry
Food
About
Based in India, and founded in 2021 by Gaurav Palrecha, Madmix formally known as Daily Staple, operates as a manufacturing company providing snacks made from millet. As of 2023, Madmix is a part of Mel Sante Food Production Pvt. Ltd. In September 2023, new investors Authum Investment & Infrastructure Ltd, Prime Securities, and Team India Managers co-led INR 17.
6 million seed funding for Madmix. The seed funding valued Madmix at INR 120 million post-money. Madmix produces a wide range of ready-to-eat snacks from millets such as jowar in multiple flavors. The company offers a millet-based ready-to-cook range which includes dosa, idli, chilla, bread mix, and flour mix.
As of 2023, the firm serves countries including Nepal, Hong Kong, New Zealand, the US, and India. As of 2023, the company provides products in over 650 stores in India.
Current Investors
Prime Securities, Team India Managers, Authum Investment & Infrastructure Ltd
Primary Industry
Food
Sub Industries
Food, Logistics & Distribution
Website
www.eatmadmix.com
Verticals
E-commerce, Manufacturing
Company Stage
Angel & Seed
Total Amount Raised
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