GOMA
GOMA is a technology company.
Financial History
GOMA has raised $12K across 1 funding round.
Frequently Asked Questions
How much funding has GOMA raised?
GOMA has raised $12K in total across 1 funding round.
GOMA is a technology company.
GOMA has raised $12K across 1 funding round.
GOMA has raised $12K in total across 1 funding round.
GOMA has raised $12K in total across 1 funding round.
GOMA's investors include FEA Angels.
Goma Process Technologies Pvt. Ltd., a sister concern of Goma Engineering Pvt. Ltd., is an Indian manufacturing company over 35 years old specializing in turnkey solutions and equipment for food processing industries, particularly dairy, ice-cream, yoghurt, RTS fruit juice, pulp, tomato ketchup, coconut milk, and coconut water.[1][4] It manufactures key equipment like homogenizers, pasteurizers, crate washers, cup filling and sealing machines, centrifugal pumps, continuous freezers, and storage tanks/silos, serving customers across Africa, Asia, Australia, Central/South America, Eastern Europe, Middle East, North America, and Western Europe with a robust service network in India.[1][2] The company operates manufacturing facilities in Wada (5 acres), Vapi (16,000 sq. ft.), and Surat (7,000 sq. ft.), generating around $23.7 million in revenue with 178-351 employees, focusing on robust machine systems for dairy and food processing.[2][4]
Goma solves processing challenges in the food and beverage sector by providing customized, high-pressure engineering solutions like reciprocating pumps and homogenizers, initially pioneered as import substitutes in 1991, enabling efficient production for dairy plants and beverage manufacturers globally.[1][2][4]
Goma Engineering Pvt. Ltd., the parent entity, was established around 1982 (over 35-43 years old by 2025) in Thane, Maharashtra, near Mumbai, starting with high-pressure reciprocating pumps for industrial cleaning.[2][4] The group evolved into food processing by recognizing the need for indigenous high-pressure homogenizers in 1991, becoming the first in India to produce 100% local versions, replacing imports.[2] Goma Process Technologies emerged as a sister company to handle turnkey projects in dairy and related sectors, building on the group's expertise in precision engineering.[1]
Key figures are not named in available sources, but the leadership has driven expansion through investments in R&D, infrastructure, and a nationwide service network in Kolkata, Bangalore, Chennai, and Delhi.[1][2] Early traction came from industrial pumps, pivoting to dairy machinery like skid-mounted spray driers, evaporators, and cup filling machines, establishing Goma as an ISO 9001:2008-certified exporter.[4]
(Note: A separate European entity, GOMA Rugged Solutions, focuses on military-grade COTS edge computing but appears distinct from this Indian Goma group.[3])
Goma rides the wave of industrialization in emerging food processing markets, particularly in dairy and plant-based beverages like coconut milk, amid rising global demand for efficient, localized manufacturing amid supply chain disruptions.[1][2] Timing aligns with post-1990s liberalization in India, enabling import substitution and exports to Africa and Asia where dairy infrastructure is expanding.[1] Market forces favoring Goma include cost-effective indigenous tech versus imports, stringent food safety regulations, and growth in ready-to-serve juices and ice-cream in developing regions.[1][4]
The company influences the ecosystem by enabling smaller processors in remote areas through turnkey plants and reliable pumps, reducing reliance on foreign equipment and supporting jobs in India's manufacturing belt near Mumbai.[2]
Goma is poised for growth in sustainable food processing, potentially expanding into plant-based alternatives and automation amid global shifts to vegan dairy and efficient supply chains. Trends like Industry 4.0 integration in pumps and AI-optimized homogenizers could enhance its edge, while exports to high-growth markets in Africa and the Middle East drive revenue beyond $23.7 million.[1][2] Its influence may evolve by partnering with larger conglomerates for smart factory solutions, solidifying its role as a precision engineering backbone for food tech in the Global South—echoing its origin as an import challenger now scaling globally.[2][4]
GOMA has raised $12K across 1 funding round. Most recently, it raised $12K Seed in December 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2019 | $12K Seed | FEA Angels |