About The Belgian Waffle
The Belgian Waffle is a company based in Mumbai (India) founded in 2015 by Shrey Aggarwal and Alisha Shirodkar.. The Belgian Waffle has raised $3.99 million across 1 funding round from investors including Marathon Edge. The company has 1 employees as of April 05, 2024. The Belgian Waffle offers products and services including Waffle Sandwiches, Pancake and Waffle Premixes, Waffle Crisps, and Spreads. The Belgian Waffle operates in a competitive market with competitors including Creme Castle, Mimansa Industries, Hira Sweets, Brown Bear Bakers and Merwans Confectioners, among others.
- Headquarter Mumbai, India
- Employees 1 as on 05 Apr, 2024
- Founders Shrey Aggarwal, Alisha Shirodkar
- Stage Minicorn
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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 Bloombay Enterprises Private Limited
- Date of Incorporation 25 Oct, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$18 M (USD)0as on Mar 31, 2023
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Net Profit
$2.55 M (USD)0as on Mar 31, 2023
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EBITDA
$3.6 M (USD)0as on Mar 31, 2023
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Total Equity Funding
$3.99 M (USD)
in 1 rounds
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Latest Funding Round
$3.99 M (USD), Series A
Jan 31, 2022
- Investors
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Employee Count
1
as on Apr 05, 2024
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Products & Services of The Belgian Waffle
The Belgian Waffle offers a comprehensive portfolio of products and services, including Waffle Sandwiches, Pancake and Waffle Premixes, Waffle Crisps, and Spreads. 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.
Freshly baked waffles with premium fillings for on-the-go consumption
Ready-to-make mixes for home baking without preservatives
Crispy waffle-based snacks for everyday eating
Premium spreads to complement waffles and other foods
Funding Insights of The Belgian Waffle
The Belgian Waffle has successfully raised a total of $3.99M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.99 million completed in January 2022. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $4.0M
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First Round
First Round
(31 Jan 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series A - The Belgian Waffle | Valuation | Marathon Edge |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in The Belgian Waffle
The Belgian Waffle has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Marathon Edge. 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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments in Consumer, Technology, and Business Services sectors focused on mid-market companies in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by The Belgian Waffle
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - The Belgian Waffle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Belgian Waffle Comparisons
Competitors of The Belgian Waffle
The Belgian Waffle 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 Creme Castle, Mimansa Industries, Hira Sweets, Brown Bear Bakers and Merwans Confectioners, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Creme Castle is recognized as a leading custom cake bakery in Delhi NCR.
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| domain | founded_year | HQ Location |
Chain of bakery cafe offering cakes and pastries
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| domain | founded_year | HQ Location |
Provides Indian sweets, restaurant services, bakery items, and gift hampers in Delhi.
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| domain | founded_year | HQ Location |
Chain of bakery cafe offering cakes and pastries
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| domain | founded_year | HQ Location |
Chain of bakery cafes offering cakes and pastries
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on The Belgian Waffle
Frequently Asked Questions about The Belgian Waffle
When was The Belgian Waffle founded?
The Belgian Waffle was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Where is The Belgian Waffle located?
The Belgian Waffle is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of The Belgian Waffle?
Ankit Patel is the current CEO of The Belgian Waffle.
Is The Belgian Waffle a funded company?
The Belgian Waffle is a funded company, having raised a total of $3.99M across 1 funding round to date. The company's 1st funding round was a Series A of $3.99M, raised on Jan 31, 2022.
How many employees does The Belgian Waffle have?
As of Apr 05, 2024, the latest employee count at The Belgian Waffle is 1.
What is the annual revenue of The Belgian Waffle?
Annual revenue of The Belgian Waffle is $18M as on Mar 31, 2023.
What does The Belgian Waffle do?
The Belgian Waffle was established in 2015 in Mumbai, India, as a food franchise in the quick-service sector. Freshly baked, eggless waffles with premium fillings, diverse batters, and flavors are provided for on-the-go consumption. Operations have extended into the FMCG area with ready-to-eat items, including pancake and waffle premixes, waffle crisps, and spreads, all formulated without eggs or preservatives.
Who are the top competitors of The Belgian Waffle?
The Belgian Waffle's top competitors include Mimansa Industries, Creme Castle and Merwans Confectioners.
What products or services does The Belgian Waffle offer?
The Belgian Waffle offers Waffle Sandwiches, Pancake and Waffle Premixes, Waffle Crisps, and Spreads.
Who are The Belgian Waffle's investors?
The Belgian Waffle has 1 investor. Key investors include Marathon Edge.
What is The Belgian Waffle's valuation?
The valuation of The Belgian Waffle is $23.72M as of Jan 2022.
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