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Yummy Bee secures Rs 18 Cr to fuel expansion into Mumbai and Bengaluru

EntrackrEntrackr · 4m ago
Yummy Bee secures Rs 18 Cr to fuel expansion into Mumbai and Bengaluru
Medial

Yummy Bee, a café chain focused on guilt-free indulgence, has raised Rs 18 crore (over $2 million) in total funding, including Rs 11 crore in its most recent round. The funding round was led by Mile Deep Capital along with participation from other investors such as Mohan Krishna, Ajitha Challa, and Praveen Jaipuriar. The fresh funds will be used for its expansion into Mumbai and Bengaluru as well as establish the base for Consumer Packed Goods (CPG) for the FMCG market, Yummy Bee said in a press release. Founded in 2022 by Sandeep Jangala, Yummy Bee operates outlets in Hyderabad and is set to expand its range of consumer packed goods (CPG) for the FMCG market with new products being added such as millet puffs and almond rocks. It also plans to have channel expansion into both quick commerce and modern trade. Yummy Bee aspires to have an annualized recurring revenue of Rs 50 crore by March 2026 and plans to expand to 20 outlets across India by the end of the year. The brand claims that it has rapidly gained popularity with its sugar-free, gluten-free, preservative-free menu items, including tacos, millet pizzas, pastas, and signature desserts like Double Chocolate Brownies, Blueberry Cheesecake, and Chocolate Truffle Pastry. Yummy Bee aims to reach more health-conscious individuals across the country, with the goal of making guilt-free indulgence accessible in every major city.

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Go Zero secures Rs 30 Cr in Series A round

EntrackrEntrackr · 4m ago
Go Zero secures Rs 30 Cr in Series A round
Medial

Snippets Go Zero secures Rs 30 Cr in Series A round Ice cream brand Go Zero has raised Rs 30 crore (around $3.4 million) in its Series A funding round from existing investors DSG Consumer Partners, Saama Capital, and V3 Ventures Ice cream brand Go Zero has raised Rs 30 crore (around $3.4 million) in its Series A funding round from existing investors DSG Consumer Partners, Saama Capital, and V3 Ventures. Subtle participation also came from notable investors Aman Gupta (through Shark Tank India) and Namita Thapar (outside the tank). With this round, Go Zero has raised a total of $6 million to date. Earlier in June 2024, Go Zero raised $1.5 million in its follow-on pre-Series A funding round from DSG Consumer Partners, Saama, and V3 Ventures. The proceeds will be used to fuel supply chain expansion, innovation in product offerings, and brand growth as Go Zero continues its expansion on quick-commerce platforms in tier I and tier II markets. Founded by Kiran Shah, Go Zero has a diversified product portfolio featuring low-calorie, high-protein, and vegan ice creams. The startup claims that all its products are sweetened with plant-based sweeteners, which are low in calories. Since its inception in July 2022, Go Zero claims to have offer 100% sugar-free products with 50% fewer calories than traditional ice creams. The brand has achieved 5X revenue growth in its second year and 3X in the third. Despite January being the off-season for ice cream sales, Go Zero recorded its highest-ever sales in January 2025, crossing Rs 5 crore in revenue. With a strong presence across Mumbai, Delhi, Pune, Bangalore, and Hyderabad, Go Zero is also set to launch new guilt-free formats, including kulfi sticks and cassata. The firm currently operates two manufacturing units in Mumbai and Bangalore. Go Zero competes with Hangyo Ice Cream, Hocco, and NIC. In 2023, NIC raised $11 million in a funding round led by Jungle Ventures, while Hocco also secured $12 million from the Chona family and other investors. Meanwhile, Hangyo Ice Cream secured India's largest venture funding for an ice cream brand, raising $25 million from Faering Capital in August last year.

Travel accessories brand EUME raises Rs 25 Cr in Series A

EntrackrEntrackr · 1m ago
Travel accessories brand EUME raises Rs 25 Cr in Series A
Medial

Travel accessories brand EUME has raised Rs 25 crore ($3 million) in its Series A equity round led by investor Ashish Kacholia. Existing backers including Pradeep Rathod of Cello Group and Prithviraj Kothari of Arvog Financial also participated. Earlier in June last year, the Mumbai-based startup had raised Rs 15 crore ($1.7 million) in a new round led by Ashish Kacholia. The proceeds will be used to scale physical retail, strengthen operations, invest in marketing, and support working capital needs. Founded by Naina Parekh and Pranay Parekh, EUME began as a design-forward luggage brand and has built awareness through associations with events like the Tata Mumbai Marathon and SulaFest. EUME plans to open three flagship stores within 45 days in Bengaluru (Mall of Asia), Mumbai (Oberoi Sky City), and Hyderabad (Sarath City). These new locations are part of the firm’s strategy to grow its offline presence and tap into metro markets. The brand aims to position itself as a premium luggage player, combining retail expansion with product innovation. The brand is set to expand its portfolio across travel categories and focus on premium-priced offerings. It also continues to grow its presence in both B2C and B2B segments, including corporate gifting partnerships.

Yesmadam Secures Rs 1.5 Crore Funding From Shark Tank India, Focuses On Fuelling Expansion And Growth

OutlookIndiaOutlookIndia · 1y ago
Yesmadam Secures Rs 1.5 Crore Funding From Shark Tank India, Focuses On Fuelling Expansion And Growth
Medial

Yesmadam, a salon-at-home brand, has secured Rs 1.5 crore funding from investors on Shark Tank India to fuel its expansion and growth plans. The investment, made by panelists including executives from boAt, Sugar Cosmetics, Lenskart, and OYO, will help Yesmadam enhance operational capabilities, penetrate deeper into the Indian market, and empower more service professionals from marginalized communities. The brand aims to leverage technology like AI to personalize interactions and optimize product recommendations. Yesmadam has served over 50 cities, facilitating over 2 million bookings, and is committed to democratizing premium salon experiences while empowering beauty professionals.

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