Grate the beets and paneer either in a food processor or using a grater.
In a deep mixing bowl combine all the ingredients except bread crumbs.
Mix and form round balls.
Coat in the bread crumbs.(At this point you can keep it in the refrigerator until ready to fry)
Heat some oil in a small wok and fry the balls until golden.
Drain on a paper towel and serve hot.