# Walko Food Company: Food production, Mumbai, India

> Walko Food Company: Walko Food Company Private Limited, also known as Walko QSR Company Private Limited, is a leading Indian food and beverage company that...

Source: https://millionrounds.com/startup/walko-food-company (Millionrounds; every figure on the page links to its filing or article)

India · [Food production startup](https://millionrounds.com/companies)

# Walko Food Company

Walko Food Company Private Limited, also known as Walko QSR Company Private Limited, is a leading Indian food and beverage company that specializes in premium ice creams, kulfis, f

Funding reported Last round: Undisclosed round

Food production Mumbai, India

Company summary

- **Founded:** 2012 14 years old
- **Team:** 960 201 to 1,000 people
- **Funding reported:** 2.9B as listed, currency not stated
- **Last round:** Undisclosed round Feb 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Walko Food Company has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Walko Food Company

Walko Food Company Private Limited, also known as Walko QSR Company Private Limited, is a leading Indian food and beverage company that specializes in premium ice creams, kulfis, f

rozen desserts, and thick shakes. Founded in 2012 by Jeetendra Bhandari, Sanjiv Shah, and Raj Bhandari, Walko has quickly established itself as a major player in the dessert market across India. The company operates from its manufacturing and R&D facility in Pune and has a corporate office in Mumbai. Walko employs between 440 to over 1,000 people and distributes its products in more than 100 cities throughout India. The company utilizes a hybrid business model that combines traditional manufacturing with a digital-first distribution strategy, leveraging platforms like Swiggy, Zomato, and Amazon Fresh for direct-to-consumer sales. Walko's brand portfolio includes popular names such as NIC Ice Creams, Grameen Kulfi, and Mimo, offering a wide variety of flavors and products that cater to diverse consumer preferences. The company is committed to growth, aiming for an annual increase of 35-40%.

## What company datasets say Walko Food Company raised

Funding, as reported

Reported in all **2.9B** in the source's currency

Rounds **3**

Last round **Undisclosed round**

Last round size **20M**

Last round date **Feb 2024**

Investors listed **2**

## On a portfolio page

Investors who name them

- [Jungle Ventures](https://millionrounds.com/fund/jungle-ventures)

Each firm lists Walko Food Company on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

dairy product manufacturing dairy innovation traditional kulfis frozen dessert innovation customer satisfaction seasonal flavours gourmet ice cream consumers national availability kulfi ice cream flavors brand expansion distribution manufacturing ice cream for all seasons food technology

Built with from their website

PWA Viewport Meta Element UI Google Font API Microsoft Exchange Microsoft 365 Apps & Services Mobile Friendly Open Graph WebSite Tonight GoDaddy Domains

+8 more

Amazon AWS Microsoft Exchange Online HSTS Microsoft 365 Outlook Microsoft Email Providers GoDaddy Hosting GoDaddy Website Builder

- **Sector:** Food production
- **Industry code:** NAICS 311520, SIC 2099
- **Region:** Maharashtra
- **Revenue:** 34M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/walko)

## Food production in India

Startups like it

- [**Aibono** Bengaluru · founded 2014 *Raised*](https://millionrounds.com/company/aibono)
- [**Tirumala Milk Products (P) Ltd** Hyderabad · founded 1996](https://millionrounds.com/startup/tirumala-milk-products-p-ltd)
- [**Iscon Balaji Foods** Ahmedabad · founded 2012](https://millionrounds.com/startup/iscon-balaji-foods)
- [**STEER World** Bengaluru · founded 1993](https://millionrounds.com/startup/steer-world)
- [**iD Fresh Food** Bengaluru · founded 2006](https://millionrounds.com/startup/id-fresh-food)
- [**Rozzana** Kolkata · founded 2009](https://millionrounds.com/startup/rozzana)
- [**Skippi** Hyderabad · founded 2021](https://millionrounds.com/startup/skippi)
- [**Cremica Food Industries Limited** New Delhi · founded 1996](https://millionrounds.com/startup/cremica-food-industries-limited)

## Is this your company?

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