# Iscon Balaji Foods Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/iscon-balaji-foods-private

- Industry: Food
- Headquarters: Ahmedabad, India
- Website: www.isconbalajifoods.com
- Total disclosed funding: $215M
- Latest round: Series A (Jun 30, 2026)
- Investors on record: 2

## About

Iscon Balaji Foods Private Limited, based in India, specializes in the manufacturing and export of frozen and dehydrated food products, notably frozen French fries and potato flakes, catering to the global food processing marketIscon Balaji Foods Private Limited (IBF) was founded in 2012 by CEO Neel Kotak in Gujrat, India, focusing on the production of frozen foods and dehydrated potato products. Iscon Balaji Foods Private Limited (IBF) specializes in the manufacturing and export of frozen foods and dehydrated potato flakes. The company offers a variety of high-quality products including frozen French fries and specialty potato items, catering to chefs, hotels, restaurants, and retailers. IBF sources premium potatoes from over 8,000 farmers covering 40,000 acres in India, ensuring consistent quality. Its products reach over 200 cities in India and are exported to more than 35 countries, including Southeast Asia and the Pacific.Iscon Balaji Foods generates revenue through both Business-to-Business (B2B) and direct consumer sales channels. Its revenue model includes partnerships with wholesalers and retailers who purchase bulk quantities of its products, such as the Hungritos snack range and premium frozen potato offerings. Transactions are typically structured around volume-based pricing agreements tailored to meet client needs, enhancing IBF’s competitive positioning in the market. In June 2026, Iscon Balaji Foods Private Limited raised USD 215 million in series A funding led by new investor Advent International, with participation from another new investor 360 ONE. 
The company will use the June 2026 funding to expand processing capacity, upgrade supply chain and cold-chain systems, develop new potato-based products, and grow in new international markets.

## Funding rounds

- Series A, Jun 30, 2026, $215M — Advent International, 360 ONE

## Investors

- Advent International (https://capitalatlas.ai/funds/advent-international) — Series A
- 360 ONE (https://capitalatlas.ai/funds/360-one) — Series A