The company, founded in 1982 as a small supplier of snacks to a Rajkot cinema hall, now clocks annual revenue of about Rs 6,500 crore with a net profit of nearly Rs 1,000 crore (FY25)
The company, established by the Virani brothers — Chandubhai, Bhikhubhai, and Kanubhai — is exploring this partial stake sale to support its nationwide expansion plan
The PepsiCo case has lessons for other companies that depend on a similar method of contract farming and try to enforce their exclusivity. On the flip side, this could be a blow to corporate efforts to improve productivity in the Indian farm sector as well
Through the course of this 4-part special series, we will bring you the stories of 12 entrepreneurs who have disrupted their industries through their ideas and innovation. They have spurred new trends which is an inspiration for all.
Thyrocare Luxury of Poverty focuses on Chandubhai Virani, the man who built Balaji Wafers. It is a hard-earned success story. Chandubhai started as a gate-keeper at a cinema theatre in Rajkot some four decades ago. Today he has built a brand that is giving big players sleepless nights.
Haldiram‘s, besides being a market leader in traditional snacks, is bigger than its five rivals – Balaji Wafers, Bikaji Foods, DFM Foods, Bikanervala and Prataap Snacks - combined.
This episode of Decoding Business Growth focuses on Gujarat based Balaji Wafers.
Snack maker Balaji Wafers is in separate talks with private-equity funds, including Blackstone Group and Actis, to raise between USD 100 million and USD 125 million.
Contrary to NGO stories of exploited farmers and middlemen running riot, Gujarat's potato farmers have scripted an entrepreneurial success story by teaming up with multinationals and other buyers of their produce
Amit Kumat's Prakash Snacks is one of the fastest growing companies in a space that's difficult to succeed in. His secret: Getting the flavour right