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Bikaji - About the company

Bikaji is a public company based in Bikaner (India), founded in 1987 by Sushila Agarwal and Shivratan Agrawal. It operates as a Manufacturer of traditional snacks including bhujia papad and sweet products. Bikaji has raised $53.1M in funding from investors like Lighthouse, 360 One and White Oak. The company has 816 active competitors, including 91 funded and 37 that have exited. Its top competitors include companies like Open Secret, Meal of the Moment and Troovy.

Company Details

Manufacturer of traditional snacks including bhujia papad and sweet products. The business produces various savory items such as extruded snacks, chips, and tea time snacks. It also offers a selection of confectionery items including rasgulla and gulab jamun. The product range includes various mixtures and dry snacks intended for retail consumption.
Social
XFacebook
Email ID
*****@bikaji.com
Phone Number
+91 **********
Registered Address
F 196 -199, F 178 & E 188 BICHHWAL IND. AREA, BIKANER, Rajasthan, India, 334006
Key Metrics
Founded Year
1987
Location
Bikaner, India
Stage
Public
Total Funding
$53.1M in 5 rounds
Latest Funding Round
Investors
Ranked
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
2,473 as on May 31, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Public

Bikaji's IPO details

Bikaji got listed on Nov 16, 2022.
Click here to take a look at Bikaji's IPO in detail
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Bikaji's funding and investors

Bikaji has raised a total funding of $53.1M over 5 rounds. Its first funding round was on Jun 29, 2001. Its latest funding round was a Series C round on Mar 02, 2022 for $*****. 1 investor participated in its latest round. Bikaji has 17 institutional investors and 13 angel investors.

Here is the list of recent funding rounds of Bikaji:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 02, 2022
6428523
Series C
2260860
1720021
1428789
8586233
Jul 02, 2021
4944579
Series C
2601774
2405749
9218909
5158096
May 17, 2018
7805960
PE
6007441
3460239
9869832
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Bikaji's founders and board of directors

Founder? Claim Profile
The founders of Bikaji are Sushila Agarwal and Shivratan Agrawal.
Here are the details of Bikaji's key team members:

Bikaji's Board of Directors

Bikaji's board has 10 active members. Vikrant Balbir Sibal and Shivratan Agrawal are part of team and Nikhil Kishorchandra Vora, Shweta Agarwal, Anshuman Goenka, Vipul Prakash, Siraj Azmat Chaudhry, Richa Manoj Goyal, Sachin Kumar Bhartiya and PULKIT ANILKUMAR BACHHAWAT are independent board members.
Here is the list of Bikaji's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 8m
yepzwod
Team
-
Past
1y 8m
riurppy
Team
-
Past
9y 8m
Independent board member
-
Current
4y 9m
i{ufplm
Independent board member
-
Current
4y 3m
atqsmgu
Independent board member
-
Past
4y 3m
hqojejo
Independent board member
-
Past
5y 6m
rpbeumm
Independent board member
-
Past
9y 9m
htgrsfz
Independent board member
-
Past
3y 2m
zetymws
Independent board member
-
Past
8y 9m
lnihrh{
Independent board member
-
Past
3y 7m
eozzult
Independent board member
-
Past
7y 2m

Bikaji's employee count trend

Bikaji has 2,473 employees as of May 25. The total employee count is 2.0% lower than what it was in May 24. Here is Bikaji's employee count trend over the years:
Employee count trend for Bikaji
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Bikaji's Competitors and alternates

Top competitors of Bikaji include Open Secret, Meal of the Moment and Troovy. Here is the list of Top 10 competitors of Bikaji, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Open Secret
Open Secret
2019, Mumbai (India), Series C
Internet first brand of healthy snacks and food products
$17.5M
73/100
2nd
Logo for Meal of the Moment
Meal of the Moment
2017, Mumbai (India), Series A
Brand of ready-to-eat Indian snacks and meals
$6M
70/100
3rd
Logo for Troovy
Troovy
2021, Gurugram (India), Series A
Manufacturer of clean-label snacks and food products for children
$8.69M
68/100
4th
Logo for Let's Try
Let's Try
2021, Delhi (India), Seed
Manufacturer of packaged snacks excluding palm oil and white sugar
$5.52M
63/100
5th
Logo for GoDesi
GoDesi
2018, Bengaluru (India), Series B
Internet first brand of desi snacks and sweets
$17.6M
63/100
6th
Logo for Bikaji
Bikaji
1987, Bikaner (India), Public
Manufacturer of traditional snacks including bhujia papad and sweet products
$53.1M
61/100
7th
Logo for Eat Better
Eat Better
2020, Jaipur (India), Seed
Internet first brand offering multi category healthy products
$5.35M
61/100
8th
Logo for Tosi
Tosi
2012, Anaheim (United States), Series B
Nutritious, crunchy snacks with real ingredients for a healthy lifestyle
$25.9M
60/100
9th
Logo for Campbell Soup Co
Campbell Soup Co
1869, Camden (United States), Public
Manufacturer of convenience food products
-
-
60/100
10th
Logo for Haldiram
Haldiram
1937, Delhi (India), Series A
Internet first brand of snacks, sweets, beverages and ready-to-eat meals
$3.36M
59/100
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Bikaji's Latest cap tables and shareholding

Founders (largest shareholder) own 55.10%, Enterprises own 27.74% and Other People own 17.17%. The net worth of Bikaji's founders is INR 16.8Cr as of Jun 29, 2001.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
55.10%
16.8Cr
6115859
7339818
5213822
3017540
4089310
2519482
6622491
4451961
4819242
8320316
Enterprise
27.74%
8.44Cr
3617097
7540597
1112455
2283645
Other People
17.17%
5.23Cr
6392065
2178471
7337427
7629751
Total
100.00%
30.4Cr
1123381
5034978
6386713
7235649
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Bikaji's Shareholding

Bikaji's Investments and acquisitions

Bikaji has made 3 investments in companies including BhujiaLalji and Ripplr. Bikaji has also acquired 3 companies including Hazelnut Factory and Ariba Foods.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Oct 16, 2024
Acquisition
2019
Lucknow (India)
Aug 23, 2024
Acquisition
2012
Ujjain (India)
Jul 18, 2023
Investments
2021
Bikaner (India)
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Reports related to Bikaji

Here is the latest report on Bikaji's sector:

News related to Bikaji

lockFilter this list
Media has covered Bikaji for a total of 7 events in the last 1 year, 2 of them have been about company updates.
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FAQs about Bikaji

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