Megaa Moda
Insights Success|The Most Promising Seafood Companies to Watch in 2019
Disrupting the Seafood Industry since Inception

INTERVIEW WITH INSIGHTS SUCCESS

This interview highlights the consistent endeavors of Team Megaa Moda Pvt. Ltd. (MMPL) that treads the extra mile to quench the needs of its client organizations.

IS: Kindly brief us about your company.

Team MMPL: Our story began in 2012, when two friends Mr. Yogesh Gupta and Mr. Shankar Ramalingam came together to venture into a journey of exporting seafood to the world under the brand name of Megaa and Megaa Delight. We procure, process, freeze, pack and export different kinds of frozen shrimps like Vannamei, Black Tiger, White, Pink Shrimp, Scampi, Sea Caught Shrimps, etc.

The capacity restraint and add on costs of leased premises was deterring our growth after a point, so we decided for setting-up of own Integrated Cold Chain and Value Addition Infrastructure and Distribution Hub. There were numerous challenges in terms of funding arrangements, laying the infrastructure of the plant and machinery as well as statutory clearances. However, we were determined to achieve our aim strategically. The first brick was laid on May 2016 with starting of the construction of our own processing unit which concluded in June, 2017 in its entirety. Our unit with all modern infrastructures was operational within a miraculous span of thirteen months from scratch to commercial production including obtaining all statutory permissions. The total capital outlay on the unit is over 40 crores.

We are recognized as Two Star Export House under Ministry of Commerce and Industry, Govt. of India. The company is ISO 9001:2015 certified and is registered with The Marine Products Export Development Authority (MPEDA), Export Inspection Agency (EIA) and Food Safety Standard Authority of India (FSSAI). The Company is accredited with international certifications like US- FDA, BAP, BRC, SEDEX and AEO-T2.

Megaa has been awarded many prestigious awards from various national governing bodies. Recently it has received SME Excellence Award 2019 for Food Processing sector from Dun & Bradstreet-RBL Bank SME Business Excellence Awards 2019.

IS: Give a brief info about the person who is to be highlighted in this Profile, and what was the source of inspiration for him/her and the company to be in the Food & Beverage segment.

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