PE-VC Fund Investments

Eggless dessert cafe chain FES raises $1-M in pre-Series A led by 12 Flags

Entrackr   FES Cafe  

Gurugram-based cafe chain FES (For Earth’s Sake) Cafe has raised around USD 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.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 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.The firm had previously raised INR 3 crore in a seed round led by Wolfpack Labs in July this year.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.