About Walko QSR
Walko QSR is a company based in Pune (India) founded in 2012 by Jeetendra Bhandari, Raj Bhandari, and Sanjiv Shah. Walko QSR has raised $43.15 million across 9 funding rounds from investors including Golden State Foods, JM Financial Private Equity and Invex Health. The company has 725 employees as of April 08, 2024. Walko QSR has completed 1 acquisition, including Meemee’s. Walko QSR offers products and services including Ice Creams, Kulfis, Frozen Desserts, and Thick Shakes. Walko QSR operates in a competitive market with competitors including Sid's Farm, Dodla Dairy, Parag Milk Foods, Heritage Foods and Milk Mantra, among others.
- Headquarter Pune, India
- Employees 725 as on 08 Apr, 2024
- Founders Jeetendra Bhandari, Raj Bhandari, Sanjiv Shah
- 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 Walko Qsr Company Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$20.52 M (USD)32.26as on Mar 31, 2023
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Net Profit
-$3.19 M (USD)-3177.45as on Mar 31, 2023
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EBITDA
-$1.35 M (USD)-202.58as on Mar 31, 2023
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Total Equity Funding
$43.15 M (USD)
in 9 rounds
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Latest Funding Round
$20 M (USD), Series B
Nov 15, 2023
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Investors
Golden State Foods
& 66 more
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Employee Count
725
as on Apr 08, 2024
- Investments & Acquisitions
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Products & Services of Walko QSR
Walko QSR offers a comprehensive portfolio of products and services, including Ice Creams, Kulfis, Frozen Desserts, and Thick Shakes.
Range of ice cream flavors made with pure milk and ingredients
Authentic kulfis in various traditional flavors for consumers
Variety of frozen treats including thick shakes and desserts
Thick, indulgent shakes in multiple flavors for everyday enjoyment
Funding Insights of Walko QSR
Walko QSR has successfully raised a total of $43.15M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in November 2023. 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 Walko QSR
Walko QSR has secured backing from 67 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Golden State Foods, JM Financial Private Equity and Invex Health.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors.
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Healthcare startups are funded by Tao Capital venture capital entity.
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Single family office of K Dinesh, co-founder of Infosys
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Investor details for Walko QSR
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Investments & Acquisitions by Walko QSR
Walko QSR has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Meemee’s.
Investment portfolio details for Walko QSR
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Internet first brand offering ice creams for consumers
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Complete acquisition details for Walko QSR
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Financial Statements - Walko QSR
Detailed financials for Walko QSR
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Walko Qsr Comparisons
Peer comparison for Walko QSR
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Competitors of Walko QSR
Walko QSR 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 Sid's Farm, Dodla Dairy, Parag Milk Foods, Heritage Foods and Milk Mantra, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Subscription-based dairy products are delivered via an internet-first brand.
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Multi-category dairy products are manufactured and branded.
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Manufacturer of dairy products
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Heritage Foods is engaged in manufacturing and supplying dairy products.
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Multi-category dairy products are supplied to urban consumers.
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Provider of direct-to-consumer, farm-to-table delivery of fresh dairy products, including milk, yogurt, and other preservative-free dairy products
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Detailed competitors of Walko QSR
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Latest news on Walko Qsr
Complete news archive for Walko QSR
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Frequently Asked Questions about Walko QSR
Walko QSR was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Walko QSR is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Jeetendra Bhandari is the current CEO of Walko QSR. They have also founded this company.
Walko QSR is a funded company, having raised a total of $43.15M across 9 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Walko QSR is 725.
Annual revenue of Walko QSR is $20.52M as on Mar 31, 2023.
Walko QSR was founded in 2012 in Pune, India. Operations are focused on the frozen desserts sector, where ice creams, kulfis, and thick shakes are produced using pure milk and natural ingredients, without preservatives or artificial colors. Products are distributed via food delivery platforms including Swiggy, Zomato, Blinkit, and Zepto, alongside select NIC parlors across multiple cities.
Walko QSR's top competitors include Sid's Farm, Dodla Dairy and Milk Mantra.
Walko QSR offers Ice Creams, Kulfis, Frozen Desserts, and Thick Shakes.
Walko QSR has made 1 acquisition, including Meemee’s.
Walko QSR has 67 investors. Key investors include Golden State Foods, JM Financial Private Equity, Invex Health, Jungle Ventures, and Narendra Firodia Unicorp.
The valuation of Walko QSR is $175.25M as of May 2023.