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FES Cafe raises seed round led by Aakash Anand and Wolfpack Labs

EntrackrEntrackr ยท 6d ago
FES Cafe raises seed round led by Aakash Anand and Wolfpack Labs
Medial

Snippets FES Cafe raises seed round led by Aakash Anand and Wolfpack Labs Dessert-led cafe chain FES Cafe has raised Rs 3 crore in a seed funding round led by Aakash Anand and his venture studio Wolfpack Labs. The fresh funds will be utilized for expansion, including its entry into Delhi this July, and accelerate its vision of building a national, dessert-first Cafe brand rooted in culture, community, and indulgence, FES Cafe said in a press release. Founded by Vidur Mayor, FES Cafe is an eggless dessert cafe chain focused on indulgence, innovation, and community. It is positioned as a third space for young India, offering baked cookies, puddings, alternative-ingredient cakes, seasonal desserts, savoury dishes, changing dessert menus, arcade game sections, and community formats such as Coffee Raves to build a distinct cafe experience. Since launching, FES says it has tripled its revenue in the first three months, reached store-level EBITDA of 29.8% by the fourth month, and grown delivery revenue by 347% in 90 days. As of June 2025, it was processing over 10,000 monthly orders and became EBITDA-positive at the company level within four months. The Gurugram-based cafe plans to open its first Delhi outlet in July, followed by a second Gurugram store in a corporate park in September 2025. It aims to launch over 100 stores by FY 2027 across Tier 1 and Tier 2 cities. The company is also developing a hybrid COCO and FICO model, along with delivery-focused hubs and packaged desserts to expand beyond physical cafes.

Zappfresh expands to MENA region with Dubai launch in Q2 2025

EntrackrEntrackr ยท 4m ago
Zappfresh expands to MENA region with Dubai launch in Q2 2025
Medial

Zappfresh expands to MENA region with Dubai launch in Q2 2025 Online fresh fish and meat retailer ZappFresh has expanded its operations across India, the Middle East, and the MENA region. The Gurugram-based company is set to launch its operations in Dubai in the second quarter of 2025. The firm aims to strengthen its presence in western India and explore new markets. It recently broadened its footprint by acquiring Bonsaro, a Mumbai-based online meat and seafood delivery brand. According to a press release by ZappFresh, this expansion has been strategically planned and thoroughly researched as part of the companyโ€™s global growth strategy. Founded in 2015 by Deepanshu Manchanda, ZappFresh offers fresh meat, seafood, and ready-to-cook items through its app and website. The expansion has come at a time when Zappfresh is set to launch its initial public offering (IPO) in 2025. The firm filed a draft red herring prospectus (DRHP) for an IPO on BSE SME in August last year. ZappFresh reported a 60% increase in its operating revenue to Rs 90.4 crore in FY24 from Rs 56.3 crore in FY23, while its net profit saw a 70% year-on-year (YoY) growth to Rs 4.7 crore in the last financial year. ZappFresh has raised approximately $14 million to date, including $4.3 million in funding from Ah! Ventures, HT Media, and others in November last year. According to the startup data intelligence platform TheKredible, SIDBI Venture Capital is the largest external stakeholder in the nine-year-old firm, followed by other investors.

Chai Kings bags $3 Mn in Series A round

EntrackrEntrackr ยท 3m ago
Chai Kings bags $3 Mn in Series A round
Medial

Snippets Chai Kings bags $3 Mn in Series A round Chennai-based chai retail chain Chai Kings has raised $3 million (Rs 24 crore) in its Series A funding round from A.V. Thomas and Co. (AVT). Chennai-based chai retail chain Chai Kings has raised $3 million (Rs 24 crore) in its Series A funding round from A.V. Thomas and Co. (AVT). Earlier in January 2020, the tea brand had raised $1 million in its seed round from Chennai Angels (TCA), Hyderabad Angels and TiE India Angels. As part of this round, The Chennai Angels (TCA) are making a partial exit with substantial returns. The proceeds will be used to accelerate its expansion plans, enhance its product offerings, and further strengthen its supply chain. It will also be used in customer engagement and operational efficiencies. Founded by Jahabar Sadique and Balaji Sadagopan, Chai Kings offers a premium and hygienic chai experience, serving a diverse range of tea blends with a focus on quality, sustainability, and customer delight. Since its inception in 2016, Chai Kings claims to have operated 57 stores across Chennai, Hyderabad, and Coimbatore. The brand is known for its quality tea offerings, sustainable packaging, and customer-centric approach. Chai Kings claims that it will close FY25 with a revenue of Rs 48 crore with a positive EBITDA. The firm has plans to double its revenue over the next two years while maintaining profitability.

Exclusive: Chai Shots to raise $5 Mn from General Catalyst and InfoEdge

EntrackrEntrackr ยท 26d ago
Exclusive: Chai Shots to raise $5 Mn from General Catalyst and InfoEdge
Medial

Exclusive: Chai Shots to raise $5 Mn from General Catalyst and InfoEdge Hyderabad-based microdrama over the top (OTT) platform Chai Shots is raising $5 million in its maiden funding round, two sources aware of the development told Entrackr. โ€œGeneral Catalyst along with Info Edge are in advanced stages of closing a new funding round in Chai Shots,โ€ said a source requesting anonymity. โ€œA few angel investors may also participate.โ€ Chai Shots is a short-video streaming platform with episodes under two minutes, available in several Indian languages. The platform is created by the team behind Chai Bisket, a popular digital media and storytelling company. The Chai Bisket team has built a content ecosystem over nine years, covering reels, podcasts, films, and regional stories through platforms like First Show, Mutiny Talent, Studio Panchatantra, and Chai Shots. The Chai Shots platform is still being developed and is expected to launch soon. โ€œThe official launch and funding announcement might take a few weeks,โ€ said another source. The person also mentioned that interest in this space is growing, and a few more startups are likely to raise funds soon. Earlier this week, Flick TV, a similar startup, raised $2.3 million in seed funding led by Stellaris Venture Partners, with participation from Gemba Capital and Titan Capital. Chai Shots will also face competition from Kuku FMโ€™s Kuku TV, ShareChatโ€™s QuickTV, Reel Saga, and Reelies. Queries sent to Chai Shots, General Catalyst, and Info Edge did not elicit a response until publication of the story.

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