Indus Valley: Transforming Indian Kitchens with Healthy Cookware

Portfolio | Jan 14, 2025 | DSG Consumer Partners

Indus Valley: Transforming Indian Kitchens with Healthy Cookware

Since its founding, Indus Valley Cookware has been on a mission to transform Indian kitchens by eliminating toxins and chemicals from everyday cooking. Launched by Jagadeesh Kumar and Madhumitha Udaykumar in 2016, the company has captured the imagination of health-conscious consumers with its range of cookware, pressure cookers, tableware, and drinkware designed to promote healthier habits. With financial backing from DSG Consumer Partners since 2021, the brand has seen phenomenal growth, achieving 4x increase in revenues and strong capital efficiency. Central to its product offerings are traditional cast iron and innovative triply stainless steel cookware, crafted to ensure even heat distribution and scratch resistance. The brand capitalizes on the growing shift in consumer preferences toward non-toxic and sustainable products, aligning with global trends seen in brands like Caraway and Great Jones. Indus Valley has made impressive strides on e-commerce channels, including Amazon, and expanded into quick commerce platforms such as Swiggy Instamart and Blinkit. As the organized sector of India’s cookware market anticipates significant growth, Indus Valley is strategically positioned to lead and expand its footprint, armed with robust new product developments and a strong commitment to quality and sustainability.

Sectors

  • Cookware and Kitchenware
  • Private Equity

Geography

  • India – The primary focus of Indus Valley's operations and market growth is in India, making it a significant geographical area of interest.

Industry

  • Cookware and Kitchenware – The article focuses on the market of healthier cookware and kitchenware, specifically Indus Valley's innovative products.
  • Private Equity – DSG Consumer Partners, a private equity firm, is a key player supporting Indus Valley's expansion with strategic investment.

Financials

  • 4x growth – Indus Valley Cookware achieved more than four times its growth since DSG Consumer Partners' investment in 2021.
  • 5x capital efficiency – Indus Valley Cookware maintained exceptional capital efficiency of nearly 5x despite the growth.
  • INR 75 billion (USD 904 million) – Size of the cookware segment in India as reported.

Participants

NameRoleTypeDescription
Indus Valley CookwareTarget CompanyCompaniesAn Indian brand focused on providing healthy, toxin-free cookware to revolutionize Indian kitchens.
DSG Consumer PartnersPrivate Equity FirmCompaniesA private equity firm partnering with and investing in Indus Valley Cookware to fuel its growth.
Jagadeesh KumarCo-FounderPeopleCo-Founder of Indus Valley Cookware, responsible for the company's mission and strategic direction.
Madhumitha UdaykumarCo-FounderPeopleCo-Founder of Indus Valley Cookware, instrumental in the brand's development and growth strategies.