The Rs 200 crore fund represents a significant step for Optimistic Capital in advancing India’s microbrewery sector within the hospitality industry,…
The funds raised will be used by the company to expand into new geographies and build the network in Bengaluru.
Biryani by Kilo is planning to raise close to $6-8 million in Series A funding in a bid to aid its expansion.
Brewhouse has received $2 million funding from Singapore-based FMCG Group Food Empire Holdings, Positive Food Venture Pvt Ltd.
The company plans to utilize funds for geographical expansion and building a more integrated food solution in the backend.
The fund raising is a part of the company’s plan to enter overseas markets and expand both its product range and cloud kitchen presence nationally.
Out of the $900 million being raised, about $600 million would be invested as primary capital into Swiggy.
The impact investor has picked up a minority stake in Suminter, marking its second deal in the food and agriculture sector in the India.
The homegrown quick-service restaurant chain will raise the funds to expand its outlet network from the existing 25 to 100 by 2020 end.
The funding will be used by the Bangalore-based food-tech startup to fuel its expansion plans.
InnerChef has raised around Rs 13 crore ($1.76 million) in a fresh funding round led by existing investor Mistletoe.
The funds have been raised by LightSaber Food Ventures Pvt. Ltd., selling healthful food under the Snackible brand.
This funding is part of a total commitment of Rs 130 crore from Viswanathan, Quintela and the AVT Group.
The round was led by Bertelsmann India Investments, Vertex Ventures Southeast Asia and India along with UCLA.
Dibz hopes to be present in 10 cities by the end of October. Apart from expanding to a few more cities in Uttar Pradesh, venturing into another state is also on its to-do list.
Currently headquartered in New Delhi, the company is looking to use the capital to scale operations and stores across India.
The company plans to launch its products in other cities such as Delhi and Ahmedabad in near future.
In previous raises, the company had raised $3 million in a pre-series A funding from Unilever ventures and others in January 2018.
The FMCG major had last month acquired two South Africa-based firms D&A Cosmetics Proprietary and Atlanta Body & Health Products Proprietary through its subsidiary.
The firm has also been receiving investor interest from global strategic players and family offices and is likely to close a larger round of investment by FY19-end.
Charcoal Eats claims to be offering all-day food options during snack and meal times at various price points. Customers can dine-in, take-away or order for delivery, as per their convenience.
The expansion coincides with India becoming the world’s third-largest airline market.
boxC.in is the company's fresh-milk based dispenser platform with over 2000 such units having been deployed in India.
Cold brew coffee is produced by immersing coffee beans in cold water for nearly a day, without the use of external heat.
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