Pascati

What Pascati does

Pascati Foods India LLP, branded as Pascati, is a privately-held Indian artisan chocolate maker founded in 2014 by Devansh Ashar in Mumbai and operating as India's first Certified Organic and Fairtrade bean-to-bar chocolate producer. The company controls the full chocolate-making process — fermentation protocols, roasting, cracking, winnowing, refining, conching, and tempering — at its 4,500 sq ft dedicated manufacturing facility in Wada, Palghar, Maharashtra. Single-origin cacao is sourced from the Fair Trade Alliance Kerala (FTAK), a 5,000-farmer organic collective in Kerala's Western Ghats (Kannur, Kasargod, Wayanad districts), via trading partner Elements; Pascati has worked directly with these farmers to develop fermentation protocols that shape final flavor profiles.

The product portfolio centers on dark chocolate bars in two formats — 75g Inclusion Bars (Rs. 300-320) with flavors including Orange Cinnamon Hazelnut, Blueberry Walnut, Raspberry Hibiscus, Sea Salt, Mint, Mango, Passionfruit Almond, Paan, and Guava Chilli Sea Salt, and 30g Demi Bars (Rs. 120) for sampling and gifting. Supporting products include Dragees (Rs. 450), Gift Hampers (Petite Rs. 1,350; Grande Rs. 2,800), and single-origin organic Cacao Powder (Rs. 720 for 250g retail; Rs. 12,600 for 6kg bulk). Bulk cacao ingredients (6kg cacao butter at Rs. 8,496) are sold to B2B food manufacturers. Experiential offerings — factory tours, hands-on chocolate-making workshops, and offsite corporate tasting/workshop events at customer venues — generate a separate services revenue stream.

Pascati operates a primarily direct-to-consumer e-commerce model via a Shopify storefront with insulated nationwide shipping to metro pin codes, supplemented by a Mumbai retail pickup point and B2B distribution through hotel mini bars across major Indian cities. Corporate gifting, particularly around Diwali, is a recurring channel. The company has received one disclosed institutional investment event from White Unicorn Ventures in 2019 and remains founder-led with 1-10 employees; export expansion is being explored but not yet executed.

Name

Pascati

Legal name

Pascati Foods India LLP

Website

https://pascati.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Pascati is India's first Certified Organic and Fairtrade bean-to-bar chocolate maker, producing single-origin Kerala cacao artisan chocolate bars, dragees, gift hampers, and bulk cacao for direct-to-consumer e-commerce, corporate gifting, hotel mini bars, and factory tour experiences.

Ownership category

akta.pro rank

Product category

Artisan Chocolate

NAICS

Chocolate and Confectionery Manufacturing from Cacao Beans (311351), Chocolate and Confectionery Manufacturing (31135), Other Specialty Food Retailers (44529)

SIC

Food And Kindred Products (2000)

akta.pro primary industry

Chocolate & Chocolate Confectionery (CRADABAA)

akta.pro secondary industries

Chocolate & Confectionery Shops (THAFAGAD), Coffee, Tea & Cacao Experiences (Roastery Tours, Tastings) (THAJAGAH)

Keywords

• Artisan chocolate
• Bean-to-bar chocolate
• Organic dark chocolate
• Fairtrade cacao
• Single-origin chocolate

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Others, Technology or R&D

Revenue model

1. Product Sales: Direct-to-consumer sales of artisan chocolate bars (75g and 30g formats), dragees, gift hampers, and cacao powder through their e-commerce website. Products include certified organic and Fairtrade dark chocolate bars with various inclusions and flavors.
2. Bulk Cacao Products: B2B sales of bulk cacao powder (250g and 6kg) and cacao butter to other manufacturers and businesses.
3. Factory Tours & Workshops: Chocolate factory tours, making workshops, and combo experiences near Mumbai. Also offers offsite chocolate tasting and workshop experiences for corporate events, private gatherings, and educational sessions.
4. Corporate Gifting: Bulk and customized corporate gift hampers for Diwali, client appreciation, and business gifting occasions.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Pascati is a Mumbai-based bean-to-bar chocolate maker that produces small-batch artisan dark chocolate from single-origin Kerala cacao sourced through the Fair Trade Alliance Kerala (FTAK). Its product portfolio includes 75g and 30g chocolate bars with various inclusions, chocolate-covered dragees, curated gift hampers, and single-origin cacao powder and butter for retail and bulk buyers. The company also operates guided factory tours, hands-on chocolate-making workshops, and offsite experiential events near Mumbai.

Product overview

Pascati is India's first Certified Organic & Fairtrade bean-to-bar chocolate maker, offering a portfolio of artisan dark chocolate products centered around single-origin Kerala cacao. The core product line consists of Chocolate Bars in two formats (full-size 75g Inclusion Bars and mini 30g Demi Bars) featuring unique flavor combinations, plus Dragees (chocolate-covered nuts and coffee beans) and curated Gift Hampers for gifting occasions. Supporting products include Cacao Powder for culinary use and Bulk Cacao Products for commercial buyers. The company also operates experiential offerings including factory tours, chocolate-making workshops, and offsite events near Mumbai, creating an integrated brand experience combining product sales with chocolate education and tourism.

Differentiator

Problem solved

Functional benefit

Products and services

• Chocolate Bars (Inclusion Bars, 75g) Full-size 75g dark chocolate bars crafted from single-origin Kerala cacao with various inclusions (fruits, nuts, spices), priced at Rs. 300-320. Aimed at individual consumers seeking premium artisan dark chocolate for personal indulgence or gifting.
• Chocolate Bars (Demi, 30g) Mini 30g dark chocolate bars offering the same single-origin flavors as the 75g bars in a smaller, snackable format ideal for sampling multiple flavors or single-serve gifting. Priced at Rs. 120.
• Dragees Chocolate-covered confections featuring whole hazelnuts, almonds, or coffee beans enrobed in single-origin 63% Kerala dark chocolate, including Hazelnut Boysenberry, Almond, and Tiramisu Espresso varieties. Priced at Rs. 450 per pack.
• Gift Hampers Curated chocolate gift sets in two sizes: Petite (185g, Rs. 1,350) with 4 mini bars plus truffles or dragees, and Grande (490g, Rs. 2,800) with 3 full-size bars, cacao & hazelnut spread, and truffles. Packaged for festivals, corporate gifting, weddings, and special occasions.
• Cacao Powder Organic, non-alkalised, vegan single-origin Kerala cacao powder for culinary and beverage use. Available in 250g retail pack (Rs. 720) and 6kg bulk format (Rs. 12,600) for individual consumers and food manufacturers.
• Bulk Cacao Butter Wholesale 6kg organic cacao butter (Rs. 8,496) for B2B commercial buyers and food manufacturers.
• Chocolate Factory Tour Guided tour of Pascati's bean-to-bar chocolate factory near Mumbai, offering visitors an immersive experience through the chocolate-making process with live production viewing and curated tastings. Prices vary by experience.
• Chocolate Making Workshop Hands-on interactive workshop where participants learn to temper chocolate, create custom inclusions, and design their own packaging under expert guidance at the Pascati factory. Prices vary by session.
• Tour + Workshop Combo Experience Combined experience pairing the bean-to-bar factory tour with the hands-on chocolate-making workshop for a comprehensive chocolate discovery journey. Prices vary by booking.
• Offsite Chocolate Experiences Mobile chocolate tasting and workshop experiences brought to corporate events, private gatherings, schools, and brand activations at customer-specified venues. Prices vary by event scope.

Quantifiable outcome

• 75% higher hazelnut costs due to supply chain disruptions, impacting pricing decisions
• +1 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Fair Trade Alliance Kerala (FTAK)coreStrategic or Co-development PartnerPascati collaborates with Elements, founder promoter and trading partner of Fair Trade Alliance Kerala (FTAK), to source Malabar Hills origin cacao. FTAK is a small farmer collective of 5000 organic farmers engaged in responsible soil stewardship in the Western Ghats region of India, primarily in the districts of Kannur, Kasargod, and Wayanad. Devansh works closely with these cacao farmer groups and has progressively trained farmers to develop fermentation protocols that affect the flavor profile of the cacao and ultimately the tasting notes of the final chocolate product.
• Elements (FTAK Trading Partner)coreChannel Partner/ Reseller/ DistributorElements is the founder promoter and trading partner of Fair Trade Alliance Kerala (FTAK), facilitating the supply of certified organic cacao to Pascati. Through this partnership, Pascati accesses high-quality single-origin Kerala cacao with full traceability to specific farming communities.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Mason & Co. Chocolates: India-based bean-to-bar craft chocolate maker founded around the same era as Pascati. Competes directly in the Indian premium single-origin chocolate segment with similar DTC e-commerce and gifting positioning.
• Auro Chocolate: Bean-to-bar craft chocolate maker from Auroville, India, also emphasizing single-origin Indian cacao, ethical sourcing, and DTC premium positioning. Closely comparable in narrative, product format, and target customer.
• Cocoa Mafia: Mumbai-based artisan chocolate brand offering handmade chocolates and bonbons. Direct local competitor sharing Pascati's geographic market and premium gift positioning.
• La Folie (L'Opéra): Indian artisan chocolatier specializing in handcrafted bonbons, truffles, and chocolate confections. Competes with Pascati in the premium gift and experiential chocolate category in India.
• Chocolate Therapy: Indian craft chocolate maker offering artisanal chocolates through DTC and gifting channels. Directly comparable in product format, premium positioning, and Indian market focus.
• Mast Brothers: US-based pioneer of the bean-to-bar craft chocolate movement. Closely comparable business model: small-batch, single-origin, premium DTC positioning, and brand-led storytelling around craft and provenance.

Broad incumbents

• Dormans: Established Indian premium chocolate brand with broader retail distribution and longer history. Competes with Pascati in premium gifting and consumer occasions but with mass-market reach Pascati lacks.
• Lindt: Global premium chocolate incumbent with strong presence in India via retail and duty-free. Competes with Pascati in the premium chocolate gifting occasion but at significantly larger scale and brand recognition.
• Hotel Chocolat: UK-based premium and craft chocolate chain with growing international presence. Comparable bean-to-bar heritage and premium positioning; represents a larger-scale model of the same business Pascati is building.
• Amul: India's dominant dairy and chocolate brand with nationwide distribution. Represents the mass-market incumbent that anchors Indian chocolate consumption and against which premium players like Pascati must differentiate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/pascatichocolat
• Facebookfacebook.com/pascatichocolat

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pascati