This is an archive article published on August 8, 2023
Pune Inc: How the baking bug bit this biomedical engineer and egged him on to set up a profitable venture
When the pandemic put paid to his engineering dreams in the US, Jay Panchpor turned to baking after Challah, a sweet braided loaf of Ashkenazi Jewish origin, caught his fancy. There has been no looking back since.
The founder of CrustWorthy Gourmet Breads, an artisanal bakery firm based in Pune’s Navi Peth, Jay Panchpor has made a delicious journey from being a lockdown baker to a local bakery owner.
The warm smell of baking and the sight of loaves being taken out of industrial ovens, packed and sent to addresses across the city – these keep Jay Panchpor going. The founder of CrustWorthy Gourmet Breads, an artisanal bakery firm based in Pune’s Navi Peth, Panchpor has made a delicious journey from being a lockdown baker to a local bakery owner to his current position, where his startup is looking at a turnover of Rs 20 lakh this financial year.
In India, bread is consumed by a certain section as it is local variants like roti – which is basically unleavened flatbread – that form a dietary staple for major demographics. According to leading market research firm IMARC Group, however, a “growing population is resulting in the increasing demand for bakery food products in India”. Their estimate is that the bakery market size, which was around $11.3 billion in 2022, will “grow at a CAGR of 10.8 per cent between 2023-2028 and is anticipated to reach a value of $21.2 billion by 2028”.
While ready-to-eat commercial breads, cookies and biscuits make up most bakery sales in India, brands such as CrustWorthy are finding favour with a clientele that is well-travelled, relishes good food and is willing to spend on clean, gourmet products, especially after the pandemic. It is to this segment that Panchpor reached out when he decided to start his company on August 9, 2021.
On CrustWorthy’s second anniversary, Panchpor will be celebrating a client size of 4,000 in Pune, collaborations with 15 restaurants in the city as well as pop-up partnerships with several local brands and firms. The company is slowly venturing into making its bread available to clients in Mumbai. What sets Panchpor’s breads apart — sourdough, sandwich breads and brioche, among others — is that he is a biomedical engineer with a fine understanding of microbiology and microorganisms.
Before the pandemic, though, he was a mechanical engineering student who had built a 3D-printed prosthetic arm with a few classmates at MIT, Pune. He even has a patent for it. After graduation, Panchpor worked at NCL Innovation Park and was accepted to his dream university, Georgia Tech or Georgia Institute of Technology in the US. The Covid-19 pandemic, however, put paid to his plans. What does a new engineer, who has left his job and cannot go to a top university, do at home during the lockdown?
Panchpor made the Challah, a sweet braided loaf of Ashkenazi Jewish origin, because he had been reading Jewish history and was intrigued by the braided shape of the bread. The first bread that he made in his home microwave oven was soft and fragrant, and held its shape. Panchpor then began to read up on food and baked so frequently that the microwave oven broke down. He was quick to get himself an oven toaster grill or OTG.
By the time the second Covid-19 lockdown ended, Panchpor had mastered the art of baking. He set up an industrial baking unit, comprising equipment from industrial ovens to mixers, in his garage and learnt to use these. The initial investment was from his savings of Rs 3 lakh. To make the business profitable, Panchpor decided to change something else first.
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An introvert, he realised that a startup founder needed to network and connect with people. He had to change himself to succeed. Panchpor became active socially and on social media, meeting other business owners of products that could pair well with bread. “CrustWorthy was a passion project for me for a year or so because I was in the mindset of baking all day for pleasure. It was hard for me to get out of that mindset and into a proper business mindset since I do not have a business background,” he says.
The result of his personal transformation is that CrustWorthy products are now part of hampers and parcels of a large number of brands. Such partnerships help the other brands access clients of CrustWorthy and also aid the startup in accessing its own market.
CrustWorthy is staying in tune with the demands of its clients. It offers products that are not readily available in the country, such as Challah and the Japanese milk bread Shokupan and simple well-baked loaves and slices. They have also introduced a range of flavoured butter spreads and plan more innovations. “The Indian audience is not educated about the different kinds of breads, just as I was not. There are many varieties of bread around the world and so many ways to eat it. It’s one of the most versatile products, and our aim is to bring these to the table across the country,” he says.
Dipanita Nath is a Senior Assistant Editor at The Indian Express, based in Pune. She is a versatile journalist with a deep interest in the intersection of culture, sustainability, and urban life.
Professional Background
Experience: Before joining The Indian Express, she worked with other major news organizations including Hindustan Times, The Times of India, and Mint.
Core Specializations: She is widely recognized for her coverage of the climate crisis, theatre and performing arts, heritage conservation, and the startup ecosystem (often through her "Pune Inc" series).
Storytelling Focus: Her work often unearths "hidden stories" of Pune—focusing on historical institutes, local traditions, and the personal journeys of social innovators.
Recent Notable Articles (December 2025)
Her recent reporting highlights Pune’s cultural pulse and the environmental challenges facing the city during the winter season:
1. Climate & Environment
"Pune shivers on coldest morning of the season; minimum temperature plunges to 6.9°C" (Dec 20, 2025): Reporting on the record-breaking cold wave in Pune and the IMD's forecast for the week.
"How a heritage tree-mapping event at Ganeshkhind Garden highlights rising interest in Pune’s green legacy" (Dec 20, 2025): Covering a citizen-led initiative where Gen Z and millennials gathered to document and protect ancient trees at a Biodiversity Heritage Site.
"Right to breathe: Landmark NGT order directs PMC to frame norms for pollution from construction sites" (Dec 8, 2025): Reporting on a significant legal victory for residents fighting dust and air pollution in urban neighborhoods like Baner.
2. "Hidden Stories" & Heritage
"Inside Pune library that’s nourished minds of entrepreneurs for 17 years" (Dec 21, 2025): A feature on the Venture Center Library, detailing how a collection of 3,500 specialized books helps tech startups navigate the product life cycle.
"Before he died, Ram Sutar gave Pune a lasting gift" (Dec 18, 2025): A tribute to the legendary sculptor Ram Sutar (creator of the Statue of Unity), focusing on his local works like the Chhatrapati Shivaji statue at Pune airport.
"The Pune institute where MA Jinnah was once chief guest" (Dec 6, 2025): An archival exploration of the College of Agriculture, established in 1907, and its historical role in India's freedom struggle.
3. Arts, Theatre & "Pune Inc"
"Satyajit Ray, Ritwik Ghatak were not rivals but close friends, says veteran filmmaker" (Dec 17, 2025): A deep-dive interview ahead of the Pune International Film Festival (PIFF) exploring the camaraderie between legends of Indian cinema.
"Meet the Pune entrepreneur helping women build and scale businesses" (Dec 16, 2025): Part of her "Pune Inc" series, profiling Nikita Vora’s efforts to empower female-led startups.
"How women drone pilots in rural Maharashtra are cultivating a green habit" (Dec 12, 2025): Exploring how technology is being used by women in agriculture to reduce chemical use and labor.
Signature Style
Dipanita Nath is known for intellectual curiosity and a narrative-driven approach. Whether she is writing about a 110-year-old eatery or the intricacies of the climate crisis, she focuses on the human element and the historical context. Her columns are often a blend of reportage and cultural commentary, making them a staple for readers interested in the "soul" of Pune.
X (Twitter): @dipanitanath ... Read More