When was Balaji Wafers founded?

Balaji Wafers was founded in 1972 and raised its 1st funding round 54 years after it was founded.

Where is Balaji Wafers located?

Balaji Wafers is headquartered in Rajkot, India. It is registered at VAJDI (VAD) KALAWAD ROADTAL-LODHIKA, RAJKOT, Gujarat, India, 360021.

Which legal entities is Balaji Wafers associated with?

Balaji Wafers is associated with BALAJI WAFERS PRIVATE LIMITED.

How many employees does Balaji Wafers have?

As of Aug 31, 2025, Balaji Wafers has 1987 employees, reflecting a 4% year-over-year growth in headcount.

Is Balaji Wafers a funded company?

Balaji Wafers is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Jan 21, 2026.

When was the latest funding round of Balaji Wafers?

Balaji Wafers' latest funding was a $***** PE round on Jan 21, 2026, with participation from 1 investor. Its primary sector is Food & Beverage Products. In India, the Food & Beverage Products sector has seen $346M in funding in 2026 to date.

What is the annual revenue of Balaji Wafers?

Annual revenue of Balaji Wafers is more than ₹1,000 Cr as on Mar 31, 2025

Where does Balaji Wafers rank among its competitors?

Balaji Wafers ranks 4th amongst 119 active competitors, of which 9 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Balaji Wafers, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of Balaji Wafers?

Balaji Wafers' top competitors include Yellow Diamond, Too Yumm and Gopal Snacks. Among them, Balaji Wafers secured the most recent funding round in January, 2026.

Balaji Wafers - 2026 Company Profile, Team, Funding, Competitors & Financials

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

PE, Jan 21, 2026, $*****

Investors

General Atlantic & 1 more

Ranked

4^th among 119 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

1,987 as on Aug 31, 2025

Similar Companies

Deep River Snacks & 128 more

View Balaji Wafers' full profile

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)

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	3476235	PE	4882858	2717696	7011014	7816339

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View details of Balaji Wafers's funding rounds and investors

The founders of Balaji Wafers are Chandubhai Virani, Kanubhai Virani and Bhikhubhai Virani.

Here are the details of Balaji Wafers' key team members:

Chandubhai Virani: Co-Founder & Managing Director of Balaji Wafers.
Contact Info: 2 email addresses
Kanubhai Virani: Co-Founder of Balaji Wafers.
Contact Info: 1 email address
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. Bhikhabhai Popatbhai Virani and Chandubhai Popatbhai Virani are part of team and Keyur Bhikhabhai Virani, Pranay Chandubhai Virani, Mihir Bhikhalal 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
Bhikhabhai Popatbhai Virani	Team	-	Current	30y 11m
Chandubhai Popatbhai Virani	Team	-	Current	30y 11m
Keyur Bhikhabhai Virani	Independent board member	-	Current	25y 5m
hmzayks	Independent board member	-	Current	8y 4m
yhjdpcd	Independent board member	-	Current	3y 8m
lsjltlx	Independent board member	-	Current	7y 9m
mbeojxs	Independent board member	-	Current	3y 5m
qhjsuro	Independent board member	-	Past	8y 4m

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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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:

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	Peak XV Partners, Palak Vincom & 10 others	58/100
2nd	Too Yumm 2016, Kolkata (India), Unfunded	Brand of savory snacks	-	-	57/100
3rd	Gopal Snacks 1999, Rajkot (India), Public	Internet first brand of namkeen, wafers, and snacks	$355K	Axis Growth, Jayant Food Products & 53 others	56/100
4th	Balaji Wafers 1972, Rajkot (India), Late Stage	Internet first brand of various snack foods, including wafers, namkeen, and noodles	-	General Atlantic & 1 others	54/100
5th	Taali 2019, Mumbai (India), Seed	Manufacturer of roasted snacks including protein puffs peanuts and makhana	$500K	Y Combinator, Dragon Capital & 4 others	43/100
6th	KBZ FOOD 2018, Rajkot (India), Seed	Manufacturer of healthy snack products, including potato chips, wafers, and other namkeen items	$1.57M	Marwadi Chandarana Enterprise, Shree Sadguru Investments ... & 58 others	41/100
7th	Frylo 1979, Ahmedabad (India), Early Stage	Manufacturer, exporter, and supplier specializing in ready-to-fry and ready-to-eat snack pellets	$4.75M	Gujarat Venture Finance, Vax Housing Finance ... & 12 others	41/100
8th	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
9th	Laxmi Snacks 2001, Anand (India), Unfunded	Production and marketing of Indian ethnic snacks	-	-	40/100
10th	Mahesh Namkeen 1983, Lucknow (India), Funding Raised	Private label brand of namkeen & savory snacks	-	-	39/100