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
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name M.G Bakers Private Limited
- Date of Incorporation 05 Apr, 2007
- Jurisdiction Mohali, Punjab, India
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Annual Revenue
$15.83 M (USD)20.34as on Mar 31, 2023
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Net Profit
$1.91 M (USD)-15.54as on Mar 31, 2023
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EBITDA
$3.66 M (USD)-3.95as on Mar 31, 2023
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Latest Funding Round
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Investors
& 3 more
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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.
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 Funding
- Total Rounds 1
- Last Round Last Round
- First 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 |
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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.
| Investor | Description | Founded Year | Domain | Location |
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MS
Madanlal Singla |
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Founded Year | Domain | Location |
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PS
Parveen Singla |
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Founded Year | Domain | Location |
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KS
Khushboo Singla |
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Founded Year | Domain | Location |
Investments & Acquisitions by Nik Baker's
Financial Statements - Nik Bakers
Nik Baker's Comparisons
Competitors of Nik Baker's
Latest news on Nik Baker's
Frequently Asked Questions about Nik Baker's
Nik Baker's was founded in 2006 and raised its 1st funding round 7 years after it was founded.
Nik Baker's is headquartered in Chandigarh, India.
Nikhil Mittal is the current CEO of Nik Baker's. They have also founded this company.
As of Mar 30, 2024, the latest employee count at Nik Baker's is 1,013.
Annual revenue of Nik Baker's is $15.83M as on Mar 31, 2023.
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.
Nik Baker's offers Breads, Cakes, Chocolates, Cookies, and Gift Baskets.
Nik Baker's has 4 investors. Key investors include Madanlal Singla, Parveen Singla, Khushboo Singla, and Namita Singla.
The valuation of Nik Baker's is $137.99K as of Oct 2013.