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Cric Studio Inc. : A rising Global Cricket Retail Chain

VCCircleVCCircle · 1y ago
Cric Studio Inc. : A rising Global Cricket Retail Chain
Medial

Cric Studio Inc. is a rising global cricket retail chain that offers a wide range of premium cricket equipment. Founded in 2021 by Himanshu Sisodia, the company aims to empower aspiring cricketers by providing customized solutions for all their cricket needs. With a focus on customer centricity, Cric Studio has expanded its physical presence across multiple cities and countries, while also establishing a strong online presence. The company plans to continue its growth trajectory by increasing its network of physical studios, enhancing its omnichannel experience, and scaling its in-house brand. Cric Studio is backed by Innovations Venture studio and aims to become a top-of-mind brand for high-quality cricket gear.

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Hunger Inc raises Rs 215 Cr from Lighthouse and DSG Consumer Partners

EntrackrEntrackr · 5d ago
Hunger Inc raises Rs 215 Cr from Lighthouse and DSG Consumer Partners
Medial

Hunger Inc raises Rs 215 Cr from Lighthouse and DSG Consumer Partners Hunger Inc, the parent company of Bombay Sweet Shop and restaurant brands Bombay Canteen, Veronica’s, O Pedro and Papa’s, has raised Rs 215 crore (nearly $25 million) in a new funding round from Lighthouse and DSG Consumer Partners. The round also saw some of its early investors, including CP Gurnani and a few angels, exit via secondary deals. The Mumbai-based company had previously raised $1.69 million in a seed funding round. The Godrej family office is an existing backer of Hunger Inc. The proceeds will be used to expand its production and supply chain capabilities as it looks to increase its footprint outside Mumbai, Hunger Inc said in a media statement. Founded in 2014 by Sameer Seth, Floyd Cardoz, and Yash Bhanage, Hunger Inc operates restaurants, a food magazine, and promotes a team-oriented work culture. Bombay Sweet Shop, its retail brand for Indian sweets, chocolates, and confectionery, now contributes over half of the group’s total revenue. In fiscal 2025, the company clocked Rs 115 crore in revenue with a 9% Ebitda margin and it is expecting to post a topline of Rs 150 crore in FY26. Bombay Sweet Shop is tracking Rs 8-9 crore in monthly revenue. Currently present only in Mumbai, Hunger Inc is planning to expand to Delhi and set up a flagship Bombay Sweet Shop there over the next 12-18 months. At present, the brand has five retail outlets and 18 dark stores, through which it makes direct deliveries from its own website and also through aggregators Swiggy and Zomato. Hunger Inc aims to scale its business-to-business (B2B) and institutional sales. The company supplies to cafe chain Starbucks as well as Oberoi Hotels. Bombay Sweet Shop also recently onboarded IndiGo for in-flight items in the international business class.

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