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QSR brand Pizza Wings raises $2.8 Mn to expand across India

EntrackrEntrackr · 4m ago
QSR brand Pizza Wings raises $2.8 Mn to expand across India
Medial

Snippets QSR brand Pizza Wings raises $2.8 Mn to expand across India. Quick-service restaurant (QSR) brand Pizza Wings has secured $2.8 million in a fresh funding round from marquee investors, including Gruhas—the investment arm of Nikhil Kamath and Abhijeet Pai, Udaan co-founder Sujeet Kumar, and other strategic investors. The fresh funds will be used for expansion plans across Northern and North-Eastern India and to lay the foundation for long-term growth, Pizza Wings said in a press release. Pizza Wings is a homegrown QSR brand that combines international quality standards with Indian taste preferences. The company maintains strict quality control through cold fermentation processes, FSSAI-compliant procedures, and certified ingredients. Their menu features customizable options that cater to diverse regional tastes, developed by an experienced team of chefs. Co-founded in 2014 by Aditya Dhanda, Rajpal Sangwan, and Vikas Nain, Pizza Wings aims to add 50 new stores, scaling its footprint to 100 outlets by the end of 2025, further strengthening its presence in emerging urban centers. To support its growth, the brand is also reinforcing its corporate structure with strategic hires across finance, logistics, and marketing. Pizza Wings states that it continues to drive innovation with its proprietary rider and store management applications, enabling greater operational efficiency and reducing reliance on third-party aggregators. By fostering direct customer relationships, the brand is strengthening its market presence, amassing more than 500,000 app downloads and leading in sales in multiple cities.

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Juice brand Alienkind raises $1.2 Mn in Seed round

EntrackrEntrackr · 4m ago
Juice brand Alienkind raises $1.2 Mn in Seed round
Medial

Juice brand Alienkind raises $1.2 Mn in Seed round Juice brand Alienkind has raised $1.2 million in a Seed funding round at a valuation of $10 million led by notable industry veterans, including Super.money founder Prakash Sikaria, Ravi Iyer, Arpan Sheth, and others. The proceeds will be utilized for its expansion and scale footprint across key metropolitan cities in India as part of its first phase of growth, Alienkind said in a press release. Co-founded in 2024 by Vikram Kakkireni and Abhishek Kumar, Alienkind is a next-generation juice bar that aims to empower the juice ecosystem. The brand aspires to become an extension of its consumers’ personalities, fostering a community that values authenticity and innovation. Since its launch, Alienkind states that it has quickly gained nationwide attention by redefining the Indian Quick Service Restaurant (QSR) segment with its unique value proposition, competitive pricing, and strategic brand positioning.

Home decor and lifestyle brand Nestasia raises $8.35 Mn

EntrackrEntrackr · 11m ago
Home decor and lifestyle brand Nestasia raises $8.35 Mn
Medial

Nestasia, a home decor and lifestyle brand, has raised $8.35 million in a fresh funding round from Susquehanna Asia VC, Stellaris Venture Partners, and notable angel investors. The proceeds will be used to scale the company’s efforts in offline store expansion, new category launches, brand building, and hiring. Founded in 2019 by Aditi Murarka Agrawal and Anurag Agrawal, Nestasia offers a curated selection of home decor and lifestyle products across six key categories. Nestasia plans to expand its product range within kitchenware, drinkware, cookware, and appliances and introduce new themed categories such as Nest Baby & Kids (home products for children), and more. Over the past year, Nestasia claims to have expanded its offline presence across six cities, with seven exclusive brand outlets. The firm plans to deepen its presence across these cities and expand to new ones by opening 30 stores by the end of 2025.

Bubble tea brand Boba Bhai raises Rs 12.5 Cr in seed round

EntrackrEntrackr · 1y ago
Bubble tea brand Boba Bhai raises Rs 12.5 Cr in seed round
Medial

Boba Bhai,a quick-service restaurant (QSR) brand focused on bubble tea and other food items, has raised Rs 12.5 crore in its seed round led by Titan Capital and Global Growth Capital UK. The round also saw participation from Arjun Vaidya, Marsshot VC (RazorPay founders fund), DEVC, Warm up Ventures, Asit Oberoi, 1947 Rise Fund by Shiva Singh Sangwan, Peercheque, Varun Alagh, Mandeep Sodhi, Prabhraj (Simba Beer), FinFirst, Neha Patil, Abhinav Sinha from Oyo and other high profile angel investors. The proceeds will be used across hiring, product line expansion and presence across India, the company said in a press release. This is the first institutional fundraising round since its inception in October 2023. In just six months, the startup claims to have processed over 50,000 monthly orders while expanding its footprint to 25 outlets across seven cities – Delhi, Gurugram, Udaipur, Bengaluru, Mumbai, Hyderabad, and Chennai with an average order volume of Rs 400. Founded by Dhruv Kohli, Boba Bhai is building bubble tea and K-Pop burgers QSR chain to expand its presence globally. The Bengaluru-based firm makes an annual revenue run rate (ARR) of Rs 24 crore and a monthly revenue run rate (MRR) of Rs 2 crore. By December 2024, it aims to reach Rs 60-65 crore. Earlier this month, Kolkata-based QSR chain Wow! Momo secured Rs 70 crore ($8.3 million) in funding from Z3 Partners.

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