# Iscon Balaji Foods: Food production, Ahmedabad, India

> Iscon Balaji Foods: Iscon Balaji Foods Private Limited (IBF) is a leading Indian food processing company based in Ahmedabad, Gujarat. Based in Ahmedabad, India.

Source: https://millionrounds.com/startup/iscon-balaji-foods (Millionrounds; every figure on the page links to its filing or article)

India · [Food production startup](https://millionrounds.com/companies)

# Iscon Balaji Foods

Iscon Balaji Foods Private Limited (IBF) is a leading Indian food processing company based in Ahmedabad, Gujarat.

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Funding reported Last round: Series A

Food production Ahmedabad, India

Company summary

- **Founded:** 2012 14 years old
- **Team:** 2,500 1,000+ people
- **Funding reported:** 285M as listed, currency not stated
- **Last round:** Series A May 2026

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Iscon Balaji Foods has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Iscon Balaji Foods

Iscon Balaji Foods Private Limited (IBF) is a leading Indian food processing company based in Ahmedabad, Gujarat.

Established in January 2012, IBF specializes in manufacturing and exporting frozen potato products and dehydrated potato ingredients. The company is recognized as Asia's largest producer of dehydrated potato flakes and India's largest manufacturer of frozen French fries. IBF operates a comprehensive "farm-to-fork" model, overseeing every production stage from seed development to global distribution. The company processes over 400 million kilograms of potatoes annually across five manufacturing facilities, supporting more than 4,000 farmers across 25,000 acres in five Indian states. IBF's product range includes dehydrated potato flakes and various frozen ready-to-fry items, such as French fries and potato snacks. With a strong focus on B2B markets, IBF serves foodservice providers, retailers, and food processors in India and over 20 countries worldwide. The company is committed to quality, innovation, integrity, and sustainability in its operations.

## What company datasets say Iscon Balaji Foods raised

Funding, as reported

Reported in all **285M** in the source's currency

Last round **Series A**

Last round size **215M**

Last round date **May 2026**

## Founders and team

From Iscon Balaji Foods's own website: 2 on the team.

- **Neel Kotak** Managing Director & CEO
- **Karan Dhand** Chief Operating Officer

## On a portfolio page

Investors who name them

- [Advent International](https://millionrounds.com/fund/advent-international)

Each firm lists Iscon Balaji Foods on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

circular economy in food industry corporate social responsibility food service frozen foods agri-food ecosystem clean energy & technology off-grid processing plant consumers veg burgers climate-resilient seed development menu diversity meal solutions potato-based products distribution manufacturing food safety certifications

Built with from their website

Google Maps Contact Form 7 WordPress.org Apache CloudFlare Viewport Meta Hostgator Ignition Excel4Apps Facebook SDK

+8 more

Distributor Microsoft Excel OWL Carousel Priority Hints CAPTCHA Google Font API Microsoft Exchange Salesforce

- **Sector:** Food production
- **Industry code:** NAICS 311411, 311999, SIC 2099
- **Region:** Gujarat
- **Revenue:** 174M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/iscon-balaji-food-private)

## Food production in India

Startups like it

- [**Aibono** Bengaluru · founded 2014 *Raised*](https://millionrounds.com/company/aibono)
- [**Walko Food Company** Mumbai · founded 2012](https://millionrounds.com/startup/walko-food-company)
- [**Tirumala Milk Products (P) Ltd** Hyderabad · founded 1996](https://millionrounds.com/startup/tirumala-milk-products-p-ltd)
- [**STEER World** Bengaluru · founded 1993](https://millionrounds.com/startup/steer-world)
- [**iD Fresh Food** Bengaluru · founded 2006](https://millionrounds.com/startup/id-fresh-food)
- [**Rozzana** Kolkata · founded 2009](https://millionrounds.com/startup/rozzana)
- [**Skippi** Hyderabad · founded 2021](https://millionrounds.com/startup/skippi)
- [**Cremica Food Industries Limited** New Delhi · founded 1996](https://millionrounds.com/startup/cremica-food-industries-limited)

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