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. 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.
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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series B — $20.0M
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First Round
First Round
(09 Jul 2013)
- Investors Count 67
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series B - Walko QSR | Valuation | Jungle Ventures |
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| May, 2023 | Amount | Series B - Walko QSR | Valuation | Jungle Ventures |
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| Dec, 2022 | Amount | Series A - Walko QSR | Valuation |
investors |
| 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 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. 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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Venture capital investments in early and growth-stage companies across Southeast Asia and India, focusing on technology sectors.
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Founded Year | Domain | Location | |
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Healthcare startups are funded by Tao Capital venture capital entity.
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Founded Year | Domain | Location | |
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Single family office of K Dinesh, co-founder of Infosys
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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 Walko QSR
Walko QSR has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Meemee’s. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Internet first brand offering ice creams for consumers
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Walko QSR
| 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 |
Walko Qsr Comparisons
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. 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 |
Subscription-based dairy products are delivered via an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category dairy products are manufactured and branded.
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| domain | founded_year | HQ Location |
Manufacturer of dairy products
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| domain | founded_year | HQ Location |
Heritage Foods is engaged in manufacturing and supplying dairy products.
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| domain | founded_year | HQ Location |
Multi-category dairy products are supplied to urban consumers.
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| domain | founded_year | HQ Location |
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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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Walko Qsr
Frequently Asked Questions about Walko QSR
When was Walko QSR founded?
Walko QSR was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Walko QSR located?
Walko QSR is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Walko QSR?
Jeetendra Bhandari is the current CEO of Walko QSR. They have also founded this company.
Is Walko QSR a funded company?
Walko QSR is a funded company, having raised a total of $43.15M across 9 funding rounds to date. The company's 1st funding round was a Series A of $3.5M, raised on Jul 09, 2013.
How many employees does Walko QSR have?
As of Apr 08, 2024, the latest employee count at Walko QSR is 725.
What is the annual revenue of Walko QSR?
Annual revenue of Walko QSR is $20.52M as on Mar 31, 2023.
What does Walko QSR do?
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.
Who are the top competitors of Walko QSR?
Walko QSR's top competitors include Sid's Farm, Dodla Dairy and Milk Mantra.
What products or services does Walko QSR offer?
Walko QSR offers Ice Creams, Kulfis, Frozen Desserts, and Thick Shakes.
How many acquisitions has Walko QSR made?
Walko QSR has made 1 acquisition, including Meemee’s.
Who are Walko QSR's investors?
Walko QSR has 67 investors. Key investors include Golden State Foods, JM Financial Private Equity, Invex Health, Jungle Ventures, and Narendra Firodia Unicorp.
What is Walko QSR's valuation?
The valuation of Walko QSR is $175.25M as of May 2023.
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