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Biggies Burger raise 5.5 Cr funding from Indian Angel Network

Biggies Burger, a chain of hamburger restaurants with headquarters in Bengaluru, has raised Rs 5.5 crore in a seed fundraising round coordinated by Indian Angel Network. LetsVenture and a company franchise in Singapore both participated in the round. The firm will use the money raised to grow its franchise network, add more goods, and expand […]

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Wow! Momo raises Rs 125 crore from OAKS Asset Management, expected to raise 100 crore more

Wow! Momo, a homegrown QSR chain, has raised over Rs 125 crore from OAKS Asset Management, at a valuation of Rs 2,125 crore in its Series D round of funding. The company operate three brands; Wow! Momo, Wow! China and Wow! Chicken. According to a press statement, Wow Momo plans to raise additional Rs 100 […]

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Morgan Stanley-backed Sterling Accuris introduces $34 Mn worth ESOP scheme

On the lines of over a dozen growth stage startups, pathology-focused diagnostic lab chain Sterling Accuris has created its employee stock options (ESOPs) pool. The board of Sterling Accuris has passed a special resolution to create an ESOP pool of 10,00,000 options, regulatory filings with the Registrar of Companies (RoC) show. According to Fintrackr’s estimate, […]

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Titan Capital-backed Anveshan raises $2 Mn in pre-Series A

D2C healthy foods brand Anveshan has raised $2 million in its  pre-Series A round led by DSG Consumer Partners, Force Ventures and We Founder Circle. Amit Jain and Amit Hooja from Netgraph, Vardhman Group, Rahul Sharma from Zetwerk and others have also participated. The Bengaluru-based startup will use the fresh capital to hire talent, streamline […]

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Suite42 raises $4.3 Mn seed round co-led by Omnivore and Orios

B2B food processing platform Suite42 has raised $4.3 million in seed round co-led by Omnivore and Orios Venture Partners, with participation from Titan Capital, All In Capital, Pointone Capital, and other angel investors including Sujeet Kumar (Udaan). Suite42 plans to use the funding for talent acquisition, launching raw material financing, and piloting cross border trade […]

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GREENEST raises pre-seed funding from Better Bite Ventures

Plant-based protein brand GREENEST has raised an undisclosed amount in a pre-seed funding round from Better Bite Ventures, and former chief executive for fresh fruits and vegetables and frozen foods vertical at ITC, Sachid Madan. The first company in the nation to have executed a variety of B2B partnerships, GREENEST with top food service providers […]

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Bored Beverages raises over Rs 2.5 Cr in seed funding led by Inflection Point Ventures

Beverage brand Bored Beverages has raised over Rs 2.5 crore, or close to $314,500, in a seed funding round  headed by Inflection Point Ventures, with participation from Dot In Network, Bhawana Bhatnagar, founder of WeFounder Circle, and Soumya Kant, founder of Clovia. The creator of Simba Beer, Prabhtej Singh Bhatia, will participate in the development […]

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Waycool raises $12 million from Trifecta and grows its ESOP pool by 20%

Trifecta Ventures, a venture debt firm, is helping B2B food and agritech platform Waycool raises $12 million via a combination of debt and equity. In a debt and equity transaction headed by alternative investment company 57 Stars Global Innovation Fund two months prior, Way cool raised $40 million. The Chennai-based company received its second round […]

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Negen Capital AIF backs B2B beverage brand Dwija Foods

Dwija Foods, a business-to-business beverage vending company, has raised Rs 5.15 crore led by Negen Capital AIF. This is the maiden funding round for the Mumbai-based startup. Founded by Dibakar Chatterjee, Jayati Chatterjee, and Shailesh Pardeshi in January 2020, Dwija Foods provides tech-enabled brewing focussed on delivering a wide range of choices in tea, coffee […]

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Mumbai based D2C brand The Health Factory raises Rs 2 cr in seed funding

The Health Factory, a Mumbai-based food brand, raised Rs 2 crore in seed round of funding from Venture Garage, Happilo founder Vikas Nahar, and other angel investors. Vinay Maheshwari, Founder, The Health Factory, said, “At The Health Factory, we are working hard towards producing everyday consumer products that don’t require a change in habits, but […]

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