Rova Caviar Madagascar

Name

Rova Caviar Madagascar

Legal name

K.V.R.

Website

https://rova-caviar.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Antananarivo

HQ country

Madagascar

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Caviar Product Sales: Direct-to-consumer and B2B sales of caviar products across 5+ sturgeon species (Baeri, Ossetra, Persicus, Shipova, Sevruga) and gift sets with premium spirit pairings. Online sales through e-commerce platform with cold-chain delivery.
2. B2B Wholesale: Wholesale supply to luxury hotels, Michelin-starred restaurants, and specialty retailers. Approximately 60% of production sold to major names in the sector including Petrossian Paris.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Rova Caviar Madagascar produces and sells premium caviar from five sturgeon species (Baeri, Ossetra, Persicus, Shipova, Sevruga) farmed at its Acipenser aquaculture operation on Lake Mantasoa in Madagascar. The company sells caviar tins, themed gift sets paired with luxury beverages (Champagne, Sake, Vodka, Whisky, Cognac, Tea), caviar accessories, and complementary fine groceries directly to consumers via its e-commerce platform and through luxury hospitality and wholesale channels.

Product overview

Rova Caviar Madagascar is a luxury caviar producer and e-commerce platform offering a curated portfolio of caviar products and complementary offerings. The core product line consists of five distinct caviar varieties (Baeri, Ossetra, Persicus, Shipova, and Sevruga) from pure sturgeon species, each available in multiple quality grades (Royal, Imperial, Supreme), spanning different grain sizes and flavor profiles. The portfolio extends to themed gift sets that pair caviar with premium beverages (Champagne, Sake, Vodka, Whisky, Cognac, Tea) and accessories (mother-of-pearl spoons, dishes, tin openers). Additional offerings include fine grocery products from Madagascar (vanilla, wild pepper) and a custom caviar configurator for personalized purchases. All products are produced at the Acipenser farm in Madagascar and sold directly through the e-commerce platform with delivery across Europe.

Differentiator

Problem solved

Functional benefit

Products and services

• Baeri Caviar Siberian sturgeon caviar cultivated over six years, featuring medium-sized grains (2.7–2.9mm) with melting texture and buttery, briny flavor. Available in Royal and Imperial grades for individual consumers and chefs new to caviar.
• Ossetra Caviar Russian sturgeon caviar cultivated over seven years, distinguished by brown hue with golden highlights, firm texture, and nutty, buttery, briny notes. Available in Royal, Imperial, and Supreme grades.
• Persicus Caviar Iranian sturgeon caviar from the resuscitated Acipenser Persicus species, formerly declared extinct by CITES. Dark brown grains of 2.7–2.9mm with melting texture and mineral, nutty, buttery notes. Available in Royal and Imperial grades.
• Shipova Caviar Nudiventris sturgeon caviar with small grains (2.2–2.6mm) and unique water-green color with silvery reflections. Supple yet firm texture with pronounced iodine, nutty, and buttery notes. Available in Royal, Imperial, and Supreme grades.
• Sevruga Caviar Starry sturgeon caviar from the smallest of the species, harvested for intense yet balanced flavors. Available in Royal grade.
• Caviar Tarama Tarama spread blended with premium Rova caviar, marketed as a ready-to-eat accompaniment to bread or blinis.
• Caviar Gift Sets (Coffrets) Tailor-made gift boxes pairing Rova caviar with premium beverages and accessories. Themed collections include French Style (Champagne), Japanese Style (Sake), Russian Style (Vodka), Rova's Ritual (Mother-of-pearl accessories), The Classics, Exceptional Fragrances (Cognac), Intemporal Journey (Whisky), and Tea Time.
• Caviar Tin Opener Specialized key tool designed to properly open caviar tins and ensure optimal preservation of the product during serving.
• Mother-of-pearl Spoons Traditional black mother-of-pearl tasting spoons sold as caviar accessories. Material does not react with caviar eggs, preserving purity and finesse of each grain.
• Mother-of-pearl Dishes Mother-of-pearl serving plates and dishes for presenting caviar during tasting, chosen for their neutrality and aesthetic appeal.
• Vanille Gourmet de Madagascar Premium gourmet vanilla from Madagascar, part of the Rova Réserve fine food collection.
• Poivre noir sauvage de Madagascar Wild black pepper from Madagascar, part of the Rova Réserve fine food collection.

Quantifiable outcome

• Production of 10 metric tons expected to double by 2026
• +2 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Partnerships

15 partnerships are on record, tiered core and flagship.

• Petrossian PariscoreStrategic or Co-development PartnerRenowned Parisian caviar house partnered with Rova Caviar to define an exacting specifications framework, transforming them into a partner farm. Mikael Petrossian, PDG of Petrossian Paris, describes them as having 'succeeded in producing an excellent quality caviar that develops magnificent aromas.'
• François René (Former Ifremer Researcher)coreStrategic or Co-development PartnerFormer aquaculture researcher at Ifremer who mentored the founders, visiting their farm and providing technical guidance on sturgeon farming and caviar production techniques.
• Mikhail Chebanov (Russian Scientist)coreStrategic or Co-development PartnerRussian genetic conservation scientist who supplied fertilized sturgeon eggs from Krasnodar. His unexpected gift of Persicus eggs led to the resurrection of the extinct Iranian sturgeon species in Madagascar.
• Champagne DeutzflagshipGTM or Marketing PartnerPremium champagne house featured in 'French Style' and 'Classic' gift sets. Classic Brut Deutz: €120, Amour de Deutz: €165.
• Beluga VodkaflagshipGTM or Marketing PartnerFeatured in 'Russian Style' gift set. Premium Beluga vodka paired with Baeri caviar for traditional pairing experience.
• Nikka WhiskyflagshipGTM or Marketing PartnerJapanese whisky house featured in 'Intemporal Journey' set with Osciètre Royal caviar. Bottled at 51.4% with spicy and woody notes.
• Dassai SakeflagshipGTM or Marketing PartnerPremium Japanese sake featured in 'Japanese Style' gift set with Baeri caviar. Dassai 39 offered at €217.50.
• Louis XIII Cognac (Rémy Martin)flagshipGTM or Marketing PartnerUltra-premium cognac featured in 'Exceptional Fragrances' set. Priced at €1,605, representing the pinnacle of luxury pairing.
• TWG TeaflagshipGTM or Marketing PartnerLuxury tea house featured in 'Tea Time' set with Baeri caviar. Genmaicha blend offered at €135.
• Chef Boris Campanella (L'Écrin, Hôtel de Crillon)flagshipStrategic or Co-development PartnerTwo-Michelin-starred chef creating signature dishes with Rova Caviar including shrimp recipes, lamb preparations, and caviar sauces. Features Osciètre Imperial and Royal varieties.
• Chef Irwin Durand (Le Chiberta by Guy Savoy)flagshipStrategic or Co-development PartnerChef de cuisine creating 'Roll's de cochon de Gascogne' and veal tartare recipes featuring Osciètre Impérial caviar.
• Chef Thibaut Spiwack (Anona Restaurant)flagshipStrategic or Co-development PartnerOne-Michelin-starred chef (2023) creating seafood and shellfish dishes with Osciètre Suprême caviar including lobster preparations and crab ravioli.
• Chef Aurélien Largeau (La Rotonde, Hôtel du Palais)flagshipStrategic or Co-development PartnerGault & Millau 'Young Talent' award winner creating scallop carpaccio, venison ballotine, and red tuna dishes with Shipova and Osciètre Suprême caviar.
• Chef Lalaina Ravelomanana (Marais Restaurant)flagshipStrategic or Co-development PartnerMost renowned Malagasy chef, disciple of Escoffier, 9 international prizes, creates 'Choco-Caviar' dessert featuring Osciètre caviar.
• SOCOTEC GroupcoreTechnology or IntegrationLeading technical control and construction expertise company that awarded ISO 14001:2015 certification for environmental management.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Kaviari: Paris-based premium caviar specialist (Kaviari Paris) serving Michelin-starred restaurants and luxury retail with farmed and wild caviar. Comparable on premium positioning, French luxury hospitality distribution, and curated multi-species portfolio.
• Sterling Caviar: California-based white sturgeon farm and caviar producer serving North American fine-dining and retail channels. Comparable on species (white sturgeon/Baeri-equivalent) and as a sustainability-led farmed caviar competitor in the premium segment.
• Petrossian: Paris-based caviar maison founded 1920, recognized globally as a premium caviar house. Directly comparable as both a competitor and Rova's largest wholesale buyer; defines specifications and quality benchmarks for the category.
• California Caviar Company: US-based sustainable sturgeon farm producing premium farmed caviar. Comparable as a non-Caspian aquaculture caviar producer challenging traditional wild-caviar supply, with a similar farm-to-restaurant distribution model.
• Prunier: Historic French caviar and smoked salmon house with strong luxury hospitality presence. Comparable as a premium caviar brand distributed through fine dining and luxury retail with similar species portfolio (Baeri, Ossetra, Sevruga).
• Caviar de Neuvic: French sturgeon farm (Dordogne) producing premium farmed caviar from Baeri and Ossetra with strong Michelin-starred restaurant distribution. Closest comparable as a French aquaculture caviar brand with similar farm-to-chef distribution model.
• Sturia: French sturgeon farm and caviar producer (Aquadem group), offering Baeri, Ossetra, and Beluga from sustainable French aquaculture. Closest operational comparable as a European land-based sturgeon/caviar producer serving the same premium and hospitality channels.
• Tsar Imperial Caviar: Luxury caviar brand offering Beluga, Ossetra, and Sevruga to global luxury markets. Comparable on premium positioning, multi-species portfolio, and B2B distribution to fine dining, though its sourcing model differs from Rova's farm-to-table story.

Broad incumbents

• Marky's Caviar: Large US caviar and gourmet foods distributor/retailer offering farmed and wild caviar across multiple species. Comparable as a multi-species caviar player serving luxury hospitality and gifting, but operates primarily as importer/retailer rather than farm operator.

Emerging players

• Black River Caviar: Uruguay-based sturgeon farm producing sustainable farmed caviar for export. Comparable as a non-traditional-origin aquaculture caviar producer building a sustainability story in the premium segment, though at smaller scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/rovacaviar
• Facebookfacebook.com/rovacaviar
• LinkedInlinkedin.com/company/rova-caviar

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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 Rova Caviar Madagascar