VIDUR KATARIA founder and director, MasterChow
"OVER THE NEXT THREE-FIVE YEARS, SPICY CONDIMENTS ARE EXPECTED TO SEE SIGNIFICANT GROWTH, WITH KOREAN FLAVOURS LEADING THE CHARGE"
Inception year: 2020
Funding raised: Seed
Founders: Vidur Kataria and Sidhanth Madan
Key products:
Delhi Belly (Sweet & Spicy Cooking Sauce), and Kinky Korean Stir Fry Sauce
ARJUN RASTOGI, co-founder, Naagin
INDIA IS THE LARGEST PRODUCER, EXPORTER, AND CONSUMER OF CHILLIES GLOBALLY, BUT THE BEST-SELLING HOT SAUCE IN THE COUNTRY WAS AN AMERICAN PRODUCT USING CHILLIES FROM MEXICO. IT JUST DIDN'T ADD UP"
Inception year: 2019
Funding raised: Seed
Founders: Arjun Rastogi, Mikhel Rajani, and Kshitij Neelakantan
Key products:
Naagin Green Chilli Sauce, Naagin Garlic Hot Sauce, and Naagin Hot Sauce
CHANDAN POLEKAR, CEO Winn Foods
ONE OF THE KEY TRENDS WE'VE NOTICED IS THE DEMAND FOR CLEAN-LABEL PRODUCTS, FREE FROM ADDITIVES LIKE MSG WHICH IS OFTEN FOUND IN CHINESE CUISINE"
Inception year: 1989
Revenue for FY24: Above 100 cr
Founders: Rajesh Gandhi and Nitin Gandhi
Key products:
Schezwan Chattak Chutney, Manchurian Manchaha sauce, Green chilli Mirchilli sauce, and Chilli vinegar Sirkedar Natural
SAGAR MERCHANT, co-founder, Kaatil
AS THE INDIAN FOOD SCENE HAS EVOLVED, PEOPLE HAVE NEW EATING HABITS, GLOBAL EXPOSURE TO MULTIPLE CUISINES AND MOST IMPORTANTLY, AN OPENNESS TO TRYING, EXPERIMENTING AND EVOLVING THEIR TASTE BUDS"
Inception year: 2022
Funding raised: Seed
Founders: Sagar Merchant and Arjun Panwar
Key products:
Hot Sauce No.9 (Bhoot Jolokia Hot Sauce) and Hot Ketchup No.9, Chilli Oil No.7
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