Billionaire Profile
Shivratan Agarwal
Global Rank
#2850

Image: Unsplash Contributor | Unsplash License | via Unsplash

Shivratan Agarwal

CEO, Indian snacks
INDIA
Real-Time Net Worth
$1.349B
Estimated based on Indian snacks stock value as of April 20, 2026
-1.04% (24h)
Age
74
Source
Indian snacks
Industry
Food & Beverage
Citizenship
INDIA

Biography

Shivratan Agarwal, the visionary founder and chairman of Bikaji Foods International, is a prominent figure in the Indian snack industry. With a net worth estimated at $1.3 billion as of 2024, Agarwal's wealth stems from his leadership in the food and beverage sector, particularly the production of Indian snacks. His journey began with a family legacy in snack-making, but he forged his own path, building Bikaji Foods into a multi-crore company. Despite limited formal education, his career is marked by innovation, strategic acumen, and a deep understanding of the market, leading to significant achievements in the competitive food industry.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Shivratan Agarwal was born into a family with a long history in the snack-making business in Bikaner, Rajasthan. He is the grandson of Gangabhisan 'Haldiram' Bhujiawala, a pioneer in the Indian snack industry. His father, Moolchand Agarwal, continued the family's legacy. Growing up in Bikaner, Shivratan learned the art of bhujia-making from his grandfather. Despite his early exposure to the family trade, he chose to pursue a path less traveled, leaving formal education after the 8th grade.

Rise to Success

In the late 1980s, Shivratan Agarwal decided to create his own brand. Dissatisfied with the limited scope of his family's business in Rajasthan, he envisioned a brand that would encapsulate the authentic flavors of Indian culture and resonate with a global audience. He launched his snack-making business in 1987, initially focusing on Bikaneri bhujia. The name 'Bikaji' was introduced in 1993. The name was inspired by Bika Rao, the founder of Bikaner, along with the addition of “Ji” as a mark of respect. Bikaji Foods went public in November 2022.

Key Business Strategies

One of Agarwal's significant contributions to the industry was the introduction of technology to produce bhujia and other snacks on a large scale. The brand has focused on creating consumer-friendly packaging. Bikaji's innovative packaging solutions enhance the brand's appeal and align with modern sustainability practices. Bikaji Foods has expanded its product portfolio to include a wide variety of snacks.

Philanthropy

While specific philanthropy amounts are difficult to pinpoint, Shivratan Agarwal, through Bikaji Foods, has demonstrated a commitment to social responsibility. This includes community engagement, environmental sustainability initiatives, and supporting various charitable causes. Further details on exact amounts and initiatives require additional research.

Career Milestones

1987

Founded Shivdeep Products

Shivratan Agarwal launched his snack-making business, the precursor to Bikaji Foods International, initially focusing on Bikaneri bhujia.

1993

Launched the Bikaji Brand

Agarwal rebranded his venture as Bikaji Foods, drawing inspiration from Bika Rao, the founder of Bikaner.

1994

Export Expansion

Bikaji Foods started exporting products to UAE.

2022

Bikaji Foods IPO

Bikaji Foods International went public in November 2022.

Philanthropy & Social Impact

Community Engagement

Community Support

$XB

Supports various community and charitable causes.

Business Philosophy & Leadership

Notable Quotes

"His decision to break away from his family business and build his own brand underscores the importance of vision and self-belief."

Leadership Principles

Innovation

Pioneering the use of technology in snack production.

Quality

Committed to offering authentic Indian snacks.

Vision

Sharing authentic flavors of Indian culture.