# Walko Food Company Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/walko-food-company-private

- Industry: Food
- Headquarters: Pune, India
- Website: www.walkofood.com
- Total disclosed funding: $27M
- Latest round: Series B (Nov 15, 2023)
- Investors on record: 5

## 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.

## Funding rounds

- Series B, Nov 15, 2023, $16M — Jungle Ventures
- Series A, May 8, 2023, $7M — Jungle Ventures
- Series A, Dec 29, 2022, $3.5M — JM Financial, Tao Capital, LogX Ventures, Mirabilis Investment Trust

## Investors

- JM Financial (https://capitalatlas.ai/funds/jm-financial) — Series A
- Tao Capital (https://capitalatlas.ai/funds/tao-capital) — Series A
- LogX Ventures — Series A
- Mirabilis Investment Trust — Series A
- Jungle Ventures (https://capitalatlas.ai/funds/jungle-ventures) — Series A, Series B