Brands
Shandi Global stirs India with chickpea-based Chanza, targets 10 million dollars in ’25
MUMBAI: Call it chickpeas with a twist. Singapore-based food-tech innovator Shandi Global has landed in India with its flagship product Chanza: a protein-packed, plant-based alternative to meat and paneer that’s already winning fans abroad.
Made entirely from whole chickpeas: no soy, gluten, or artificial binders in sight. Chanza cooks, tastes, and feels like soft, fibrous chunks of meat. From curries to kebabs, stir-fries to tandoori, it’s designed to slip seamlessly into India’s kitchen classics while packing a nutritional punch.
The India launch marks Shandi Global’s biggest bet yet. The company has doubled its revenue every year, growing from 0.6 million dollars in 2023 to over 2.5 million dollars in 2025. With India now in its sights, it’s eyeing a bold leap to 10 million plus dollars revenue in 2025.
“Protein deficiency is a massive issue here, and we want to change that,” said Shandi Global, co-founder, Dr. Gaurav Sharma. “Our vision is simple: Protein for All, Without Compromise.” His fellow co-founder, Dr Reena Sharma, added that the move was “both personal and purposeful,” aiming to fuse nutrition, fitness, and sustainability in everyday Indian diets.
The rollout will start with restaurants, corporates, and institutions, before hitting retail shelves in metro cities by 2026. Partnerships with gyms and wellness communities are also planned to anchor Chanza firmly in India’s growing fitness culture.
Shandi Global’s portfolio abroad already includes plant-based meats, protein soups, and drinks under brands like Forever, Sprouty, and Proty. New snacks, cookies, and ready-to-eat meals are in the works, powered by its proprietary Canatein/Sproutin technology.
Recognition has followed too: at the ‘Vegan India Conference 2025’ in Mumbai, the company bagged the ‘Protein Innovation Icon of the Year Award’, presented by former mp Maneka Gandhi in the presence of cj D.Y. Chandrachud.
With India joining its global expansion map alongside Thailand, Canada, and Australia, Shandi Global isn’t just selling another plant-based product, it’s planting the seed for a protein revolution.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
