Dharwad Big Mishra Pedha raises Rs 300 Cr from Bharat Value Fund
Dharwad Big Mishra Pedha has over 200 outlets and plans to add another 100 with entry into 50 more cities in the next two years.
Dharwad-based confectionery brand, Big Mishra Pedha, has successfully raised Rs 300 crore in funding from Bharat Value Fund, a private equity fund of The Wealth Company. Established in 1933, Big Mishra now operates in the sweets, namkeen, bread, bakery, and restaurant sectors with over 200 exclusive outlets across North Karnataka, Goa, and Southern Maharashtra.
The company has invested approximately Rs 100 crore in expanding its manufacturing capacity over the last three years and serves approximately 10 million customers annually. Big Mishra has also established partnerships with modern trade channels like Reliance Smart Bazaar and quick commerce platforms.
Bharat Value Fund's investment in Big Mishra Pedha reflects the firm's confidence in the potential of branded regional foods in India. The company's revenue has grown from around Rs 142 crore in FY22 to over Rs 300 crore in FY26, registering a 16% CAGR over five years. Big Mishra aims to add 100 new outlets and enter more than 50 new cities within the next two years.
Sanjay Ganesh Mishra, Promoter of Dharwad Big Mishra Pedha Private Limited, expressed gratitude for Bharat Value Fund's investment, stating that it brings institutional capital, strategic expertise, and governance to the company while preserving its heritage and quality. Madhu Lunawat, Founder of The Wealth Company Asset Management Private Limited, highlighted Bharat Value Fund's interest in partnering with such strong regional brands with a proven track record of earning consumer trust over generations, rather than just providing capital.
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