Initially M/s. Paranjape Agro Products (India) Private Limited (PAPIPL)was established in 2010 with trading intentions i.e. buying and selling of agro products mainly cashews. M/s. Paranjape Cashew Products (PCP) which is a sister concern and owned by Mrs. Samruddhi Paranjape (Chairperson and co-founder of PAPIPL) was in cashew processing from June 2011 with daily processing capacity of 1 Ton. She also received women entrepreneur award for 2013 (Maharashtra & Goa states combined) by Sakal newspaper and MITCON. Due to overwhelming response of customers, it was unanimously decided by management to enter into cashew processing at large scale. So M/s. PAPIPL has set up a cashew processing plant of 10 tons in Ratnagiri.