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4700BC Sets INR 500 Crore Revenue Target with New CEO Appointment

4700BC aims for INR 500 crore in revenue by 2028 with Sreejit Nair as CEO. The company focuses on expanding its snacking portfolio and market presence

BY TEAM IMPACT
13th February 2025
4700BC Sets INR 500 Crore Revenue Target with New CEO Appointment

4700BC, India’s leading premium snacking brand, continues to scale new heights, closing FY25 with record-breaking growth. With a remarkable 7x growth in the last four years, the company is now accelerating its expansion plans, aiming for INR 500 crore in revenue within the next three years.

As part of this ambitious trajectory, 4700BC is strengthening its leadership and operational capabilities. The recent appointment of Sreejit Madhavan Nair as CEO underscores this growth strategy. Sreejit, a seasoned FMCG leader with experience at PepsiCo, Procter & Gamble, Raw Pressery, and Costa Coffee India, will spearhead the company’s next phase of expansion, driving innovation, market penetration, and brand excellence.

Sreejit Madhavan Nair, CEO of 4700BC, added: "4700BC has built an incredible brand that resonates with new age consumers who embrace innovations and are willing to pay a premium. The premium snacking category is evolving rapidly, and the brand is uniquely positioned to capture this opportunity. I am excited to lead the company in this next phase of growth, focusing on expanding our portfolio into other snacking categories and confectionery, strengthening distribution, and delivering exceptional products."

Chirag Gupta, Founder at 4700BC, commented: “While we have successfully grown from 0 to over INR 100 crore in revenue, our next leg of growth requires us to build a strong leadership team with a focus on retail expansion and strengthening our corporate foundation. We must accelerate product development, bring new innovations to market faster, and enhance our brand presence through strategic partnerships and collaborations. Bringing Sreejit on board is a crucial step in this journey, and together, we will drive 4700BC’s transformation. Expect to see new-age product launches, deeper market penetration, and stronger brand visibility.”

India’s snacking market, valued at INR 45,000 crore in FY23, is projected to nearly double to INR 85,000 by FY30, growing at a CAGR of 9%. The premium snacking segment is expected to grow at an impressive 20% CAGR, reaching INR 24,000 crore by FY30. 4700BC aims to have a significant share in this space while diversifying into adjacent snacking categories.

4700BC, known as a leader in building the Popcorn category in India, will continue to dominate the category with newer innovations and flavours. Other snacking categories have already started to contribute 30% of its revenue, and with a stronger pipeline of product launches and partnerships, the company is confident that its goals are achievable.

  • TAGS :
  • India
  • CEO appointment
  • product innovation
  • 4700BC
  • Sreejit Nair
  • revenue growth

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