Archive · 23 Jan 2026
General Atlantic invests in Balaji Wafers
General Atlantic, a big investment company from the US, has bought a part of Balaji Wafers, a popular snack company from Gujarat.
They didn't say how much money they spent, but it's about Rs 2,500 crore for a 7% stake, making the company worth Rs 35,000 crore.
Balaji Wafers makes lots of snacks like chips, wafers, and sweets.
They sell these snacks all over India and even in 25 other countries.
The money from General Atlantic will help Balaji Wafers make better snacks, grow bigger, and sell more.
The Virani brothers started Balaji Wafers a long time ago in 1981.
They are happy to have General Atlantic's help to make their company even better.
Haldiram's, a rival, also got big investments from other companies.
General Atlantic acquires a 7% stake in Balaji Wafers for Rs 2,500 crore, valuing the company at Rs 35,000 crore.
Investment aims to strengthen corporate functions and drive expansion.
Balaji Wafers offers a wide range of snacks and exports to 25 countries.
Founded in 1981 by the Virani brothers, Balaji Wafers has grown into a leading snack brand in India.
Haldiram's, a rival, attracted multiple investors including Temasek, Alpha Wave Global, and L Catterton.
- Who
- General Atlantic (investor), Balaji Wafers (company)
- What
- Investment in Balaji Wafers by General Atlantic
- When
- Thursday (specific date not disclosed)
- Where
- Gujarat, India (company base), Mumbai (announcement)
- Why
- To strengthen corporate functions, accelerate innovation, and drive expansion
Balaji Wafers
Haldiram's
Investment Strategy
Balaji Wafers
Balaji Wafers received a significant investment from General Atlantic to strengthen corporate functions and drive expansion.
Haldiram's
Haldiram's attracted multiple investors, including Temasek, Alpha Wave Global, and L Catterton, for a substantial stake in the company.
- Investor
- General Atlantic
- Company
- Balaji Wafers
- Founded
- 1981
- Founders
- Virani brothers (Chandubhai, Bhikhubhai, Kanubhai)
- Products
- Namkeen, Western snacks, potato wafers, noodles, chikki, papad, confectionery
- Export Reach
- 25 countries
- Advisor
- Intensive Fiscal Services Pvt. Ltd.
- Investment Purpose
- Strengthen corporate functions, accelerate innovation, drive expansion
- Deal Size
- Rs 2,500 crore (7% stake)
- Company Valuation
- Rs 35,000 crore
- FY25 Sales
- Rs 6,500 crore
- FY25 Net Profit
- Rs 1,000 crore
