Back Portfolio / ADF Foods
SSIO – III
ADF Foods is disrupting the $450B Global RTE market by focusing on ethnic food shelves across the world. It is a leading manufacturer and exporter of privately owned RTE food brands offering frozen food, meal accompaniments, ready to eat gravies, canned vegetables and spices. They have setup 3 manufacturing facilities (capacity of 28,000 MT), created an unparalleled network of 180+ distributors and established presence in 50+ countries. They have recently entered the agency distribution network, wherein they are the exclusive agencies for Patanjali and Unilever product offerings across US, UK and Western Europe.
The company has Bimal Thakkar at the helm, as chairman, MD & CEO. He has been instrumental in several of ADF’s brand launches, new market expansions, international acquisitions, and setting up international subsidiaries. The company’s unique proposition of focusing on ethnic foods in growing western markets catering to the Indian diaspora worldwide, coupled with distribution synergies by offering Unilever and Patanjali products in the US unlocks immense opportunities for growth.
We are pleased to welcome Nikhil and his team at Sixth Sense Ventures in our growth journey. Our Company is at an inflection point with multiple growth levers and is uniquely positioned to offer compelling value propositions to the growing Indian diaspora. Nikhil is a stalwart when it comes to investing in consumer driven companies and while this is a secondary investment, ADF Foods will benefit greatly from his knowledge and understanding of this space.
Bimal Thakkar