About Bikaji
Bikaji is a company based in Bikaner (India) founded in 1987 by Shivratan Agarwal, Sushila Agarwal, and Shivratan Agrawal was acquired by Lighthouse in August 2021. It operates as a Direct-to-Consumer (D2C) and Reseller / Distribution. Bikaji has raised $53.1 million across 5 funding rounds from investors including 360 One, WhiteOak Capital Management and INDO-CITY. The company has 2,840 employees as of March 31, 2024. Bikaji has completed 3 acquisitions, including Ariba Foods, Hanuman Agrofood and Hazelnut Factory. Bikaji offers products and services including Bikaneri Bhujia, Bikaneri Papad, and Rasgulla. Bikaji operates in a competitive market with competitors including ReGrained, Kindaba, HA!, Brass Roots and Rivalz Snacks, among others.
- Headquarter Bikaner, India
- Employees 2840 as on 31 Mar, 2024
- Founders Shivratan Agarwal, Sushila Agarwal, Shivratan Agrawal
- Stage Public
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Sectors
Consumer
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Bikaji Foods International Ltd.
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Annual Revenue
$299.06 M (USD)14.3as on Mar 31, 2025
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Net Profit
$23.53 M (USD)-24.41as on Mar 31, 2025
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EBITDA
$32.19 M (USD)-9.34as on Mar 31, 2025
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Total Equity Funding
$53.1 M (USD)
in 5 rounds
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Latest Funding Round
Not available
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Investors
360 One
& 9 more
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Employee Count
2840
as on Mar 31, 2024
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Investments & Acquisitions
Ariba Foods
& 2 more
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Acquired by
Lighthouse
(Aug 10, 2021)
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IPO & Listings of Bikaji
Bikaji is a publicly listed company on the NSE with ticker symbol BIKAJI in India, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Bikaji
Bikaji offers a comprehensive portfolio of products and services, including Bikaneri Bhujia, Bikaneri Papad, and Rasgulla.
Traditional Indian snack made from gram flour and spices.
Crispy flatbread made from lentils and traditional spices.
Soft spongy sweet made from chenna and sugar syrup.
People of Bikaji
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Funding Insights of Bikaji
Bikaji has successfully raised a total of $53.1M across 5 strategic funding rounds. 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.
Investors in Bikaji
Bikaji has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include 360 One, WhiteOak Capital Management and INDO-CITY.
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Investment funds for Indian startups are managed by Lighthouse.
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Multiple sectors are invested in by the private equity firm.
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Investment management and advisory services are provided in India.
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Investor details for Bikaji
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Investments & Acquisitions by Bikaji
Bikaji has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Ariba Foods, Hanuman Agrofood and Hazelnut Factory.
Investment portfolio details for Bikaji
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Ariba Foods is engaged in producing ready-to-cook food products.
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Food products are distributed by Hanuman Agrofood in India.
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Indian sweets are distributed via an internet-first brand model.
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Complete acquisition details for Bikaji
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- Domains and locations
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Financial Statements - Bikaji
Detailed financials for Bikaji
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Bikaji Comparisons
Peer comparison for Bikaji
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- Headcount comparison
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- Operating benchmarks
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Competitors of Bikaji
Bikaji operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ReGrained, Kindaba, HA!, Brass Roots and Rivalz Snacks, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Upcycles grain waste from urban craft breweries into baked goods
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Operates a social networking platform designed for families.
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Internet first rand offering healthy snacks
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Internet first brand of snacks
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Plant-based nutritional snacks are offered in various flavors.
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Authentic Mexican empanadas and related dishes are offered.
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Detailed competitors of Bikaji
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Latest news on Bikaji
Complete news archive for Bikaji
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Frequently Asked Questions about Bikaji
Bikaji was founded in 1987 and raised its 1st funding round 14 years after it was founded.
Bikaji is headquartered in Bikaner, India. It is registered at Bikaner, Rajasthan, India.
Deepak Agarwal is the current CEO of Bikaji.
Bikaji is a funded company, having raised a total of $53.1M across 5 funding rounds to date.
As of Mar 31, 2024, the latest employee count at Bikaji is 2,840.
Annual revenue of Bikaji is $299.06M as on Mar 31, 2025.
Bikaji is established as a prominent manufacturer of traditional Indian snacks and sweets, specializing in products like Bhujia, Papad, and various confectioneries. The company operates in the food and beverage sector, focusing on ethnic snacking solutions. Its offerings are distributed across India and internationally, preserving cultural recipes for over 25 years. Operations are supported by a robust infrastructure in Bikaner, India, with an additional presence in the USA.
Bikaji's top competitors include ReGrained, HA! and Rivalz Snacks.
Bikaji offers Bikaneri Bhujia, Bikaneri Papad, and Rasgulla.
Yes, Bikaji is publicly traded on NSE under the ticker symbol BIKAJI.
Bikaji has made 3 acquisitions, including Ariba Foods, Hanuman Agrofood, and Hazelnut Factory.
Bikaji has 10 investors. Key investors include 360 One, WhiteOak Capital Management, INDO-CITY, Lighthouse Funds, and IIFL Asset Management.
The ticker symbol of Bikaji is BIKAJI on NSE.
The valuation of Bikaji is $741.5M as of Jul 2021.