Nik Baker's

Chandigarh, India Founded: 2006 • Age: 20 yrs
Chocolates, cakes, cookies, and bakery products are manufactured.
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About Nik Baker's

Nik Baker's is a company based in Chandigarh (India) founded in 2006 by Vinod Mittal, Nittin Mittal, and Nikhil Mittal. It operates as a Direct-to-Consumer (D2C). The company has 1,013 employees as of March 30, 2024. Nik Baker's offers products and services including Breads, Cakes, Chocolates, Cookies, and Gift Baskets.

  • Headquarter Chandigarh, India
  • Employees 1013 as on 30 Mar, 2024
  • Founders Vinod Mittal, Nittin Mittal, Nikhil Mittal
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name M.G Bakers Private Limited
  • Date of Incorporation 05 Apr, 2007
  • Jurisdiction Mohali, Punjab, India
Operational Areas
Consumer → Food, Beverage & Nutrition → →
Key Metrics
  • Annual Revenue
    $15.83 M (USD)
    20.34
    as on Mar 31, 2023
  • Net Profit
    $1.91 M (USD)
    -15.54
    as on Mar 31, 2023
  • EBITDA
    $3.66 M (USD)
    -3.95
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors

    & 3 more

  • Employee Count
    1013

    as on Mar 30, 2024

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Products & Services of Nik Baker's

Nik Baker's offers a comprehensive portfolio of products and services, including Breads, Cakes, Chocolates, Cookies, and Gift Baskets. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Various breads are baked using finest quality ingredients.

Cakes are crafted for diverse tastes and occasions.

Chocolates are made with premium ingredients for indulgence.

Cookies are prepared with care for delightful snacking.

Gift baskets are curated for special occasions thoughtfully.

Funding Insights of Nik Baker's

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2013 Amount Angel Round - Nik Baker's Valuation Madanlal Singla , Parveen Singla
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in Nik Baker's

Nik Baker's has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Madanlal Singla, Parveen Singla and Khushboo Singla. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Angel
Investor Description Founded Year Domain Location

Madanlal Singla
-
Founded Year Domain Location

Parveen Singla
-
Founded Year Domain Location

Khushboo Singla
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nik Baker's

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Nik Bakers

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Nik Baker's Comparisons

Employees
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Competitors of Nik Baker's

Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nik Baker's

Frequently Asked Questions about Nik Baker's

When was Nik Baker's founded?

Nik Baker's was founded in 2006 and raised its 1st funding round 7 years after it was founded.

Where is Nik Baker's located?

Nik Baker's is headquartered in Chandigarh, India.

Who is the current CEO of Nik Baker's?

Nikhil Mittal is the current CEO of Nik Baker's. They have also founded this company.

How many employees does Nik Baker's have?

As of Mar 30, 2024, the latest employee count at Nik Baker's is 1,013.

What is the annual revenue of Nik Baker's?

Annual revenue of Nik Baker's is $15.83M as on Mar 31, 2023.

What does Nik Baker's do?

Nik Bakers is managed as a premium bakery chain across multiple cities in India. A wide range of baked goods including breads, cakes, cookies, and chocolates are offered. Gifting solutions such as baskets and hampers are also provided for various occasions. The bakery sector is primarily focused on, ensuring quality ingredients and original recipes are utilized in all products.

What products or services does Nik Baker's offer?

Nik Baker's offers Breads, Cakes, Chocolates, Cookies, and Gift Baskets.

Who are Nik Baker's's investors?

Nik Baker's has 4 investors. Key investors include Madanlal Singla, Parveen Singla, Khushboo Singla, and Namita Singla.

What is Nik Baker's's valuation?

The valuation of Nik Baker's is $137.99K as of Oct 2013.

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