Walko Food Company Private Limited
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Walko Food Company Private Limited - overview
Established
2012
Location
Pune, Maharashtra, India
Primary Industry
Food
About
Based in Maharashtra, India, and founded by Jitendra Bhandari and Sanjiv Shah, in 2012, Walko Food Company Private Limited also known as Walko QSR Company Private Limited operates as a manufacturer of Ice creams. In March 2021, the firm raised INR 350 million in series A funding led by investor JM Financial. The firm as of March 2023, has a manufacturing and R&D facility in Pune, India, and its brands are present in over 30 cities across India. The company manufactures and sells its frozen dessert products under 4 brands including nic for more than 50 flavors of hand-crafted ice creams, Grameed Kulfi for over 20 flavors of rustic Kulfis, Cream Pot for frozen desserts, Café Chokolade, a brand for Shakes.
The company also offers hot chocolate shots, sizzling brownies, and special chocolate sandwiches under the brand Café Chokolade.
Current Investors
JM Financial, Jungle Ventures, Tao Capital
Primary Industry
Food
Sub Industries
Other Food Products, Dairy Products
Website
www.walkofood.com
Verticals
Manufacturing
Company Stage
Series B
Total Amount Raised
Subscriber access only
Walko Food Company Private Limited - timeline of key events

Walko Food Company Private Limited - financials
| Fiscal Year Ended | Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 30,605,773 | 51,745,915 | 57,728,479 | 71,895,956 | 96,552,184 | 157,362,712 | 468,077,485 | 556,059,367 | - | - | - |
| % Revenue Growth (YoY) | - | - | 69.1% | 11.6% | 24.5% | 34.3% | 63.0% | 197.5% | 18.8% | - | - | - |
| EBITDA (USD) | - | (8,425,723) | (8,395,892) | (2,111,384) | (10,255,555) | (10,951,689) | (9,925,254) | 3,094,078 | 17,785,510 | - | - | - |
| Operating Income (USD) | - | (10,179,609) | (16,169,154) | (12,059,723) | (20,393,357) | (20,634,470) | (18,615,121) | (7,287,828) | 6,309,741 | - | - | - |
| Operating Margin | - | (33.3%) | (31.2%) | (20.9%) | (28.4%) | (21.4%) | (11.8%) | (1.6%) | 1.1% | - | - | - |
| % EBITDA Margin | - | (27.5%) | (16.2%) | (3.7%) | (14.3%) | (11.3%) | (6.3%) | 0.7% | 3.2% | - | - | - |
| NET Income (USD) | (3,516,498) | (9,852,018) | (17,491,716) | (11,341,960) | (20,236,580) | (20,616,831) | (18,366,604) | (10,946,961) | 54,568 | - | - | - |
| % Net Margin | - | (32.2%) | (33.8%) | (19.6%) | (28.1%) | (21.4%) | (11.7%) | (2.3%) | 0.0% | - | - | - |
Walko Food Company Private Limited - employee data


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