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FES Cafe raises pre-Series A round led by 12 Flags

EntrackrEntrackr · 5h ago
FES Cafe raises pre-Series A round led by 12 Flags
Medial

Snippets FES Cafe raises pre-Series A round led by 12 Flags Cafe chain FES Cafe has raised around $1 million in a pre-Series A round led by 12 Flags. Existing investor Wolfpack Labs, a venture studio founded by Aakash Anand and Prerna Gupta, also participated. The Mumbai-based company had previously raised Rs 3 crore in a seed round led by Wolfpack Labs in July this year. The fresh capital will be used to expand across Delhi NCR, strengthen delivery and operations through a central production kitchen, and attract talent for the next phase of growth. Founded by Vidur Mayor, FES Cafe is an eggless dessert cafe chain offering baked cookies, puddings, alternative-ingredient cakes, seasonal desserts, savoury dishes, arcade game sections, and community formats such as Coffee Raves. The brand positions itself as a third space for young India and claims a loyal base of Gen Z and millennial customers. “FES Cafe started with a simple belief: desserts deserve to be celebrated. With 12 Flags’ and Wolfpack’s support, we’re ready to take that vision to more neighborhoods, creating dessert-first cafes that double as community spaces,” said Vidur Mayor, Founder and CEO. FES Cafe aims to launch over 100 stores by FY27 across Tier 1 and Tier 2 cities. It is also developing a hybrid COCO and FICO model, along with delivery hubs and packaged desserts, to expand beyond physical cafes.

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

EntrackrEntrackr · 4m 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.

Chelvies Coffee raises $1 Mn in pre-Series A round

EntrackrEntrackr · 9m ago
Chelvies Coffee raises $1 Mn in pre-Series A round
Medial

Chelvies Coffee raises $1 Mn in pre-Series A round Coffee and dining experience brand Chelvies Coffee has secured $1 million in a pre-Series A funding round led by Endurance Capital, with an additional $500,000 in debt financing currently in process. The proceeds will be used to establish more than 30 high-street locations across major Indian metros by 2026, enhance existing supply chain infrastructure, develop proprietary food production systems, and strengthen operational teams, Chelvies Coffee said in a press release. Launched in 2023 by Dhruv Singh, Chelvies Coffee is a specialty coffee restaurant brand that combines premium coffee offerings with fresh, high-quality dining options. With six locations across Delhi NCR and Ahmedabad, the company aims to empower the Indian coffee shop experience through its commitment to quality, innovation, and exceptional customer service. The Delhi-based brand offers an extensive menu of over 70 specialty coffee brews, complemented by a curated dining menu that includes burgers, artisanal sandwiches, and pasta—all produced through in-house facilities. The company’s proprietary supply chain system, supported by centralized dispatch units and base kitchens, enables it to deliver a refined experience efficiently and at scale. According to market research, India's cafe industry is projected to grow at a CAGR of 15-20%, reaching $2.6-3.2 billion by 2028. Chelvies claims it has achieved a monthly run rate of INR 1.30 crore, with demonstrated profitability at each store level. The company aims to transform India’s coffee culture with a European-inspired concept that blends premium specialty coffee with an elevated dining experience.

Harajuku Tokyo Café raises $2 Mn in seed round

EntrackrEntrackr · 2m ago
Harajuku Tokyo Café raises $2 Mn in seed round
Medial

Harajuku Tokyo Café, a Japanese casual dining and quick-service restaurant (QSR) chain, has raised $2 million (Rs 19 crore) in its seed funding round co-led by Indian Angel Network (IAN) and Samved VC, with participation from LetsVenture and venture debt fund Capitar Ventures. The investment will be used to accelerate expansion, strengthen operations, and support the company’s entry into new cities. The round follows Harajuku’s Mumbai debut at Jio World Drive, BKC, where Harajuku Tokyo Café and Harajuku Bakehouse received strong customer response in July 2025. Founded in 2021 by Gaurav Kanwar, the firm operates through two formats: a full-service café and a quick-service Bakehouse. Backed by a central kitchen in Delhi NCR that handles most of the preparation, the brand ensures consistency and faster service. With seven outlets currently across Delhi NCR and Mumbai, Harajuku claims to have achieved annual recurring revenue of over Rs 30 crore. It now plans to scale to 90 outlets across 20 cities and cross Rs 200 crore in revenue by 2027, with letters of intent already signed for locations in Delhi NCR, Mumbai, Ludhiana and Chandigarh. The firm is also diversifying into the packaged food space with its D2C vertical, KoiKoi Essentials, offering ramen kits, sauces, and frozen meals. Harajuku competes with other Asian dining chains such as Shizusan, Mamagoto, and Kofuku.

Beyond Snack raises $8.3 Mn in Series A round

EntrackrEntrackr · 10m ago
Beyond Snack raises $8.3 Mn in Series A round
Medial

Kerala-based banana chips brand Beyond Snack has raised $8.3 million in its Series A funding round led by 12 Flags Group, a consumer business-focused fund established by Rakesh Kapoor, the former global CEO of Reckitt Benckiser. Existing investor NAB Ventures also participated in this round, increasing its stake in the company. Japanese VC firm Enrission India Capital and other existing investors, including Faad Network, also joined. Earlier in July 2023, the brand had raised $3.5 million in a pre-Series A round from the NABVENTURES Fund. The proceeds will be used to drive Beyond Snack’s expansion into new territories, add product innovation, and strengthen its supply chain infrastructure. Founded by Manas Madhu, Jyoti Rajguru, and Gautam Raghuraman, Beyond Snack is a plant-based savory snacks brand that produces its banana chips with no artificial colors or flavors. Beyond Snack claims to have expanded its global footprint. Currently available in 12 countries, the brand is exploring new international markets, where it has seen strong demand for its products.

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