Bikaji Success Story: From Selling Bhujia to Building a 1000 Crore Company
If you’re a fan of various snacks, Bikaji Success Story chances are you’ve indulged in Bikaji namkeen during your evening meals. In today’s era, Bikaji Foods, the company behind these popular snacks, has gained significant fame throughout India.
Founded by Shivratan Agarwal, the grandson of Ganga Bishan Aggarwal, the visionary behind India’s largest namkeen brand ‘Halidram,’ Bikaji Foods has grown into a valuation exceeding 1000 crores. But do you know how Bikaji Foods achieved such success? If not, let’s delve into the inspiring Bikaji Success Story.
Shivratan Agarwal, the founder, comes from a family deeply rooted in the namkeen business. His father and grandfather were involved in the production of snacks under the brand ‘Halidram.’ Shivratan, inspired by his family, completed only the 8th grade and then joined ‘Halidram’ to work alongside his family. However, as ‘Halidram’ gained rapid success, family disputes arose, leading Shivratan to chart his own course.
In 1993, Shivratan initiated the journey of Bikaji Foods. Before establishing the company, he traveled abroad to learn the art of snack making and familiarize himself with various machines. The entrepreneurial spirit in him led to the creation of an array of snacks.
Within the first ten years of its inception, Bikaji Foods started exporting its snacks to UAE and Australia, propelling its growth. Today, the company produces over 300 varieties of namkeen and snacks, manufacturing more than 200 tons daily.
As of the fiscal year 2022, Bikaji Foods reported a revenue of around 1600 crores, with a valuation exceeding one billion dollars. The company’s success can be attributed to Shivratan’s unwavering determination and continuous efforts to innovate.
Bikaji Foods has not only become a 1000 crore company but has also expanded its business to over 40 countries. Shivratan’s refusal to accept defeat has been a key factor in Bikaji Food’s remarkable journey to success. The company’s resilience and constant progress have solidified its position as a leader in the snack industry.