The funds raised will be used for pan-India expansion, launching innovative flavors, supporting marketing efforts, and upgrading infrastructure.
Before 2030, the firm hopes to establish a network of more than 100 micro farmers' owned factories in order to duplicate this achievement and…
The funds will be utilized towards expanding its capacity through the establishment of a central kitchen and the opening of 11 new stores to…
By March 2025, Swish plans to expand to about 150 delight centers across major areas in Bengaluru, with plans to expand to other Tier-1 cities soon.
As per the sources, the PE player has 60 days to make a legally binding bid for Theobroma Foods and 30 days to settle the conditions with Bloombay…
The group is aiming to triple its footprint before going public, and also penetrate deeper into cities like Delhi, Bengaluru and expand to locations…
Poshn plans to use the fresh funds to build further its innovative stack of solutions that address the gaps in the system. Besides, it will use the…
With this latest infusion, the company has amassed Rs 480 crore ($51 million) in its Series D funding, comprising Rs 270 crore in primary funding and…
The startup sells four fruit juices (mango, avocado, strawberry and fresh lime) in 350 ml bottles out of 36 stores in Mumbai, Delhi, Pune and Bhopal.
In FY23, Swiggy incurred losses totaling about $545 million, marking an 80% surge from approximately $300 million in FY22.
The company's goal is to achieve a revenue run-rate of 100 crore by the next year, with a broader ambition of becoming a 1000 crore revenue…
The investment will significantly fuel the expansion of its operations, accelerate product development, and further strengthen its position as a key…
The company mentioned that the acquisition would result in a combined yearly Gross Merchandise Value (GMV) of $65 million (approximately Rs 520 crore…
With its recent funding, Spice Lounge has swiftly inaugurated two new outlets, including its latest venture nestled in South Bangalore at the Falcon…
This investment will drive Hogr's growth, supporting its app expansion, feature enhancements, and the introduction of updates for an elevated user journey.
The brand aims to expand its team by hiring an additional 400 individuals across its restaurant network within the upcoming 18 months, effectively doubling its current workforce.
The brand's future direction involves venturing into ethnic bars, cookies, cupcakes, and ultimately, single serve mithai sachets.
The company plans to enter several new categories in open white spaces still untapped by the beverage majors over the next few years and has an ambition to reach ₹100 crore revenue run-rate by next year.
The latest deal witnessed Cap70 Angels complete the transaction in one of the quickest turnaround duration negating the otherwise apprehensive gestation period typically encountered by entrepreneurs.
It is also planning to open exclusive brand stores for customers to experience the product. It would also invest in technology to enhance its production, supply chain, and forecasting capabilities.
The funds will be utilized for enhancing capabilities, team building and expanding into new markets.
The raised funds will be utilised to accelerate the growth journey by expanding to 50 Dark Stores across 4 cities and to build technology with fully integrated temperature monitoring.
This substantial investment, backed by a blend of existing and new investors including Chimes Group, Dev Punj, The Chennai Angels, Finvolve, India Accelerator, Hyderabad Angels, Mumbai Angels, Angel List India, and Agility Venture.
The infusion of capital from BanyanTree Growth Capital is poised to propel Angels into a new era, leveraging Nirula's national presence boasting 175+ outlets, thus ensuring that more locations across the country will soon be "touched by an Angel."
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