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

Entrackr · 24d

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.