Balaji Wafers - About the company
Balaji Wafers is a late stage company based in Rajkot (India), founded in 1972 by Kanubhai Virani, Chandubhai Virani and Bhikhubhai Virani. It operates as an Internet first brand of various snack foods, including wafers, namkeen, and noodles. Balaji Wafers has raised an undisclosed amount in funding from General Atlantic. The company has 100 active competitors, including 8 funded and 4 that have exited. Its top competitors include companies like Yellow Diamond, Too Yumm and Gopal Snacks.
Company Details
Internet first brand of various snack foods, including wafers, namkeen, and noodles. It offers a range of confectionery and western snack products. It provides options for distribution and wholesale partnerships. The business focuses on production and distribution of snack items.
- Website
- www.balajiwafers.com/
- Social
- Email ID
- *****@balajiwafers.com
- Phone Number
- +91 **********
- Registered Address
- VAJDI (VAD) KALAWAD ROADTAL-LODHIKA, RAJKOT, Gujarat, India, 360021
Key Metrics
Founded Year
1972
Location
Rajkot, India
Stage
Late Stage
Latest Funding Round
Investors
Ranked
4th among 100 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
1,987 as on Aug 31, 2025
Legal entities associated with Balaji Wafers
Balaji Wafers is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BALAJI WAFERS PRIVATE LIMITED CIN: U15400GJ1995PTC027555 , India, Active | Sep 22, 1995 | ₹1,000+ Cr (As on Mar 31, 2025) | 1973 (As on May 01, 2026) |
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Balaji Wafers's funding and investors
Balaji Wafers has raised funding over 1 round. Its latest funding round was a PE round on Jan 21, 2026 for $*****. 1 investor participated in its latest round. Balaji Wafers has 1 institutional investor and 1 angel investor.
Here is the list of recent funding rounds of Balaji Wafers:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 21, 2026 | 1697075 | PE | 7255530 | 3318554 | 8682017 | 5205254 |
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Balaji Wafers' founders and board of directors
Founder? Claim ProfileHere are the details of Balaji Wafers' key team members:
- Kanubhai Virani: Co-Founder of Balaji Wafers. Contact Info: 1 email address
- Chandubhai Virani: Co-Founder & Managing Director of Balaji Wafers. Contact Info: 2 email addresses
- Bhikhubhai Virani: Co-Founder of Balaji Wafers. Contact Info: 1 email address
Balaji Wafers' Board of Directors
Balaji Wafers's board has 8 active members. Chandubhai Popatbhai Virani and Bhikhabhai Popatbhai Virani are part of team and Keyur Bhikhabhai Virani, Pranay Chandubhai Virani, Mihir Bhikhabhai Virani, Shyam Kanjibhai Virani, Mansukhlal Narshibhai Bhanderi and Kanjibhai Popatbhai Virani are independent board members.Here is the list of Balaji Wafers' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 30y 9m | |
Team | - | Current | 30y 9m | |
Independent board member | - | Current | 25y 3m | |
xjnxwhq | Independent board member | - | Current | 1y 1m |
rvkpmjv | Independent board member | - | Current | 7y 5m |
ayqjyky | Independent board member | - | Current | 2y 2m |
aezcqln | Independent board member | - | Current | 9y 6m |
ocnwiaj | Independent board member | - | Current | 5y 7m |
View details of Balaji Wafers's Founder profiles and Board Members
Balaji Wafers' employee count trend
Balaji Wafers has 1,987 employees as of Aug 25. The total employee count is 3.0% more than what it was in Aug 24. Here is Balaji Wafers's employee count trend over the years:
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Balaji Wafers's Competitors and alternates
Top competitors of Balaji Wafers include Yellow Diamond, Too Yumm and Gopal Snacks. Here is the list of Top 10 competitors of Balaji Wafers, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Yellow Diamond 2003, Indore (India), Acquired | Manufactures and sells package snacks like chips, savouries and puffs | $40.7M | 58/100 | |
2nd | Brand of savory snacks | - | - | 56/100 | |
3rd |  Gopal Snacks 1999, Rajkot (India), Public | Internet first brand of namkeen, wafers, and snacks | $355K | 56/100 | |
4th |  Balaji Wafers 1972, Rajkot (India), Late Stage | Internet first brand of various snack foods, including wafers, namkeen, and noodles | - | 50/100 | |
5th | Charliee Chikki 1992, Mumbai (India), Unfunded | Private label brand for traditional snacks | - | - | 44/100 |
6th | Manufacturer of healthy snack products, including potato chips, wafers, and other namkeen items | $1.57M | 41/100 | ||
7th | Udupi Munch 2023, Coimbatore (India), Unfunded | Online platform that offers a range of crispy and flavorful traditional savory snacks, including murukku, bitter gourd chips, and others, made with wholesome ingredients and no artificial flavorings or colors | - | - | 41/100 |
8th | Laxmi Snacks 2001, Anand (India), Unfunded | Production and marketing of Indian ethnic snacks | - | - | 40/100 |
9th | Private label brand of namkeen & savory snacks | - | - | 39/100 | |
10th |  Mahesh Namkeen 1983, Lucknow (India), Funding Raised | Private label brand of namkeen & savory snacks | - | - | 39/100 |
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Balaji Wafers's Investments and acquisitions
Balaji Wafers has made no investments or acquisitions yet.
Reports related to Balaji Wafers
Here is the latest report on Balaji Wafers's sector:
News related to Balaji Wafers
Filter this listMedia has covered Balaji Wafers for a total of 11 events in the last 1 year, 1 of them has been about company updates.
•
CCI approves acquisition of certain shareholding in Balaji Wafers by General Atlantic Singapore BWP PteIndiaeducationdiary.in•Mar 05, 2026•Balaji Wafers
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General Atlantic invests in Balaji Wafers as valuation increasesVCCircle•Jan 22, 2026•General Atlantic, Balaji Wafers
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General Atlantic to Acquire 7% Stake in Balaji Wafers for $282 MillionIndiatimes•Nov 11, 2025•General Atlantic, Balaji Wafers
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Balaji Wafers' stake sale plan on hold amid weak response from PE investorsBusiness Standard•Sep 30, 2025•Balaji Wafers, TPG, Temasek
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ITC, PepsiCo vie for stake in Balaji Wafers at ₹40,000 crore valuationIndiatimes•Sep 12, 2025•ITC, TPG, PepsiCo, Temasek and 2 others
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Balaji Wafers considers stake sale at Rs 40,000 crore valuation for expansionMoneycontrol•Sep 08, 2025•Balaji Wafers
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HC restrains Balaji Wafers from manufacturing, selling & advertising Rumbles brandIndiatimes•Jan 27, 2020•Balaji Wafers, PepsiCo
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Publicis Beehive bags creative mandate of Balaji WafersIndiatimes•Apr 04, 2019•Publicis, Balaji Wafers
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