About Bakers Circle
Bakers Circle is a Consumer company based in Delhi (India) founded in 2001 by Dev Lall. Snacks and frozen food products are contract-manufactured and supplied. Bakers Circle has raised $18.98 million across 10 funding rounds from investors including Gaja Capital, Yukti Securities and DSG Consumer Partners. The company has 211 employees. Bakers Circle was last valued at $30.41 million in June 2016. Its chief executive, as recorded, is Dev Lall. Its Indian entity Bakers Circle (India) Pvt Ltd reported revenue of ₹80.66 Cr. Bakers Circle offers products and services including Cakes and Frozen Dough. Its focus areas include Food and Agriculture, Food Processing, Contract Manufacturers and Convenience Food.
Company details
Bakers Circle was founded in 2001 and is based in Delhi, India. Operations focus on the food manufacturing sector, where contract services for snacks and frozen products are provided to various clients. Supply chains are managed from the Indian location, supporting production and distribution needs in the regional market. Leadership is handled by founder Dev Lall as CEO.
- Headquarters Delhi, India
- Employees 211
- Founders Dev Lall
- Stage Minicorn
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website bakers.global
- Social LinkedIn X Facebook Instagram
- Legal Name Bakers Circle (India) Pvt Ltd
- Date of Incorporation 05 Jul, 2001
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹80.66 Cr
FY 2025 · -10% YoY
- Net Loss-₹13.79 Cr
FY 2025 · -17% margin
- EBITDA-₹8.54 Cr
FY 2025 · -11% margin
- Total Equity Funding$18.98M (USD)
in 10 rounds
- Latest Funding Round$858K (USD), Series B
Aug 2017
- InvestorsGaja Capital
& 10 more
- Employee Count211
Associated legal entities of Bakers Circle
Bakers Circle operates through Bakers Circle (India) Pvt Ltd (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bakers Circle (India) Pvt Ltd CIN U15131DL2001PTC111560 | Active | 05 Jul 2001 | New Delhi, Delhi | ₹80.7 Cr | 211 | 8 | View details |
Products & Services of Bakers Circle
Bakers Circle offers a comprehensive portfolio of products and services, including Cakes and Frozen Dough.
Cakes are supplied as ready-to-use delicacies for various applications in bakeshops and businesses.
Frozen dough, including laminated and par-baked varieties, is provided for baking purposes in food services.
Funding Insights of Bakers Circle
Bakers Circle has successfully raised a total of $18.98M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $858 thousand completed in August 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $18.98M
- Total Rounds 10
- Last Round Series B — $858,000
- First Round $1.38M
(Mar 2006)
- Investors Count 11
All 10 funding rounds of Bakers Circle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2017 | $858,000 | Series B | – | – | |
| Jun 2016 | $1.99M | Series B | $30.41M | Gaja Capital | |
| Jul 2014 | $9.96M | Series B | $25.5M | DSG Consumer Partners, Gaja Capital | – |
| Jun 2012 | $2.88M | Series A | $••••• | Global Emerging Markets | |
| Sep 2011 | $227,488 | Seed | $••••• | Global Emerging Markets | |
| Sep 2010 | $130,828 | Seed | $••••• | Global Emerging Markets | |
| Feb 2009 | $403,348 | Seed | $••••• | Global Emerging Markets | |
| Jun 2007 | $564,625 | Seed | $••••• | Global Emerging Markets | |
| Dec 2006 | $581,979 | Seed | $••••• | Global Emerging Markets | |
| Mar 2006 | $1.38M | Seed | $••••• | Global Emerging Markets |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2016 | $30.41M | •••••••• |
| Jul 2014 | $25.5M | •••••••• |
| Jun 2012 | $••••• | •••••••• |
| Sep 2011 | $••••• | •••••••• |
| Sep 2010 | $••••• | •••••••• |
| Feb 2009 | $••••• | •••••••• |
| Jun 2007 | $••••• | •••••••• |
| Dec 2006 | $••••• | •••••••• |
Full valuation and stage history of Bakers Circle
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $30.41M (Jun 2016). 11 investors in total: 6 institutional and 5 angel.
Investors in Bakers Circle
Bakers Circle has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Gaja Capital, Yukti Securities and DSG Consumer Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing in and supporting insurgent consumer brands in India and Southeast Asia. | dsgcp.com | |||
Investment firm partnering with entrepreneurs in India's domestic economy. | 2004 | gajacapital.com | Mumbai, India | |
Multiple sectors are invested in by this private equity firm. | gemny.com | New York, United States | ||
Investment and support for seed to early stage businesses are provided by Yukti Securities. | 1995 | yukti.in | Delhi, India | |
| haystackinvestment.tcc.mode | ||||
Online platform for investment databases and research tools. | haystack.investments | Kowloon, China | ||
DL Dev Lall | Angel investor and entrepreneur, focused on tech startups in India. | unknown_a169c2a9e85843dea | ||
AL Arjan Lalwani | unknown_1cd0745057234f77a | |||
MC Mukesh Chand Jain | unknown_026fa6266bf3486cb | |||
MC Mukesh Chand Jain | unknown_491953c709284e48b |
Investor details for Bakers Circle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Bakers Circle (India) Pvt Ltd (Bakers Circle)
Bakers Circle (India) Pvt Ltd is the primary company behind Bakers Circle. The board of Bakers Circle (India) Pvt Ltd currently have 6 directors; the longest-serving is Dev Dharee Lall, appointed in 2001. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dev Dharee Lall DIN 00027948 | Managing Director | 30 Nov 2001 | 24 yrs 10 mo | Bakers Circle (India) Pvt Ltd |
| Deepak Ishwardas Shahdadpuri DIN 00444270 | Director | 07 Mar 2006 | 20 yrs 7 mo | Bakers Circle (India) Pvt Ltd |
| Gopal Jain DIN 00032308 | Director | 11 Feb 2015 | 11 yrs 8 mo | Bakers Circle (India) Pvt Ltd |
| Sudhakar Senapaty DIN 03085258 | Company Secretary | 07 May 2015 | 11 yrs 5 mo | Bakers Circle (India) Pvt Ltd |
| Sushane Chopra DIN 09015662 | Director | 30 Dec 2020 | 5 yrs 9 mo | Bakers Circle (India) Pvt Ltd |
| Sanjeev Sishodia DIN 10699498 | Director | 09 Jul 2024 | 2 yrs 3 mo | Bakers Circle (India) Pvt Ltd |
People of Bakers Circle
1 people are tracked at Bakers Circle (1 in leadership); the tracked headcount is 211.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Bakers Circle
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Bakers Circle
Figures of Bakers Circle (India) Pvt Ltd, the primary company behind Bakers Circle, for FY 2025. Revenue was ₹80.66 Cr (-10% year on year). Net loss was -₹13.79 Cr (-17% margin). EBITDA was -₹8.54 Cr (-11% margin). Revenue has grown at a compounded annual rate of -1% over three years and -1% over five years.
- ₹80.66 CrRevenue · FY 2025 · -10% YoY
- -₹13.79 CrNet loss · -17% margin
- -₹8.54 CrEBITDA · -11% margin
- ₹23.29 CrPaid-up capital
- 211Employees (provident fund records)
- -1%Revenue CAGR, 3 years
- -1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bakers Circle (India) Pvt Ltd are on its company page.
Detailed financial statements for Bakers Circle
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Bakers Circle
4 dated milestones of Bakers Circle across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Bakers Circle is founded.
- Funding First funding round of $1.4M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $858K.
Web traffic of Bakers Circle
The website of Bakers Circle (bakers.global) receives about 1.4K visits a month.
- Monthly visits1.4K
▲ 29.9% vs previous month
Top companies in Food Processing
2 companies that operate in the same segment as Bakers Circle (Food Processing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Fruits and vegetables processing services are provided by Sahyadri Farms. | 2011 | Nashik, Maharashtra, India | USD 84.86 M | USD 115.08 M | 2,299 | |
Brand of beverage products | 1995 | Gurugram, Haryana, India | USD 133 M | USD 2.33 B | 12,570 |
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Complete news archive for Bakers Circle
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Frequently Asked Questions about Bakers Circle
Bakers Circle was founded in 2001 and raised its 1st funding round 5 years after it was founded.
Bakers Circle is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Dev Lall is the CEO of Bakers Circle, as recorded in our data. They have also founded this company.
Bakers Circle is a funded company, having raised a total of $18.98M across 10 funding rounds to date. The company's 1st funding round was a Seed of $1.38M, raised on Mar 2006.
Bakers Circle has 211 employees.
The primary company behind Bakers Circle, Bakers Circle (India) Pvt Ltd, reported revenue of ₹80.66 Cr for FY 2025, down 10% year on year.
Bakers Circle was founded in 2001 and is based in Delhi, India. Operations focus on the food manufacturing sector, where contract services for snacks and frozen products are provided to various clients. Supply chains are managed from the Indian location, supporting production and distribution needs in the regional market. Leadership is handled by founder Dev Lall as CEO.
Bakers Circle offers Cakes and Frozen Dough.
Bakers Circle has 11 investors. Key investors include Gaja Capital, Yukti Securities, DSG Consumer Partners, Dev Lall, and Global Emerging Markets.
The valuation of Bakers Circle is $30.41M as of Jun 2016.
Bakers Circle operates through Bakers Circle (India) Pvt Ltd.
The legal entities of Bakers Circle currently have 7 directors, including Dev Dharee Lall, Sudhakar Senapaty, Sushane Chopra and others.