Right from a running watch repair service and running a newspaper publication before the Indian Independence; entrepreneurship runs deep as well as wide in the group. .
Our group (Board of advisors, family members, Investor network) bring to the table a solid experience, knowledge, contacts in several industries:
Manufacturing (B2B) : Fountains, Musical Fountains, Water Screen Projections and Lasers,
Electronics,
Energy Storage,
Ancillary Parts & Tool Room
Manufacturing (B2C) : Food / Snacks, Well-being Natural Products
Technology: Software Product Creation,
Educational Sofwares,
SAAS Services,
Mechatronics Projects (Software + Electronics + Hardware),
CRM Customisation and Reselling,
Internet of Things (IOT) projects and Products
Real Estate: Development, Leasing
Investments,
Temples & Ancient Homes Re-Construction
High Ticket Sales and of course Business Acquisitions ( We are now part of the 900+ Global Private Investors Group
focused on Business Acquisitions in partnership with business acquisition stalwarts,
acquiring 265+ businesses worldwide, each ranging from million dollar deals to even few billion dollar deals
Our team has media celebrities, big industrialists, multinational companies, governments and large NGOs as primary customers.
Apart from the numerous industry and local awards,
Our group has received the prestigious Rajiv Gandhi National Award from the
11th Prime Minister of India : H.D. Deve Gowda for the contribution to the field of fountains in India
Foodoba is reputed for taking up extremely challenging projects and professionally completing
them within stipulated time.
It has been growing steadily over decades in it's domain, and now it's time to grow by leaps and bounds.
This is why the third generation entrepreneurs in the family (2nd generation in the company) are looking to acquire various businesses,
preferably in the manufacturing and IT sector.
First initiative of
Foodoba after acquiring companies is to get the acquired company ready for massive scaling
using their existing human resources.
For the rapid massive scaling of the acquired business,
Foodoba will be using it's massive business experience as well as:
- Large networks of Industry Connects
- Modern tools for manufacturing including sophisticated automated robots
- Ultra targeted sales funnels
- Process Implementation similar to the multinational companies
- Self Service Portal including the
Real time KPI dashboards, goals, self monitoring, progress report, analytics and enhancement platform for each person and function of business,
including external vendors, suppliers, partners, auditors, compliance teams and even clients/customers.
- Detailed documentation
and multi level audit for each step of the internal and external processes
- Social Media Brand Enhancement & Recognition
- Artificial Intelligence based New Age Engaged Digital Marketing
- Dedicated team for internal and external
feedback processing and process up-gradation
- Dedicated and highly specialized team for Individual focused, personalized
employee career development
Through our suppliers, customers, consultants and even social initiative drivers we repeatedly
come across a very concerning issue in our society :
Missing succession planning for SME businesses,
founders unable to transition to retirement, excellent companies closing down abruptly with massive loss of employment,
is a rampant problem in almost every sector we looked at.
Foodoba has taken up the responsibility to solve this problem for the entrepreneurs it comes across.
Initially by acquiring companies directly, and later assisting young entrepreneurs to acquire businesses
from the earlier generation of entrepreneurs, then standardize and enhance the operations and finally to scale up quickly.
And the first few acquisitions would help to gear up quickly for making this grand vision of
Foodoba a reality in the coming few decades.
Here are some of the things that we are looking for in a business to consider it for acquisition:
First and most critically, we want the business to have a
good track record of generating free cash flow.
We want
profit making stable growth private companies,
the owner of which wants exit for one or more of the following reason(s):
- Want to retire but doesn't have a successor.
- Health is failing
- Insufficient energy to operate the business
- Reached personal capacity to grow the business despite decently positive cash flow
- Business was inherited after original owner was deceased or became incapable because of health.
- Moving abroad
- Any other similar personal reason
Business must be preferably
decade old.
We give 20+ years old businesses much higher preference.
Revenue and
steadily growing net profits and necessarily has a
management team
smoothly handling the core functions of the business , independently of the owner.
Contact Us via :
investor@foodoba.com
