PE-VC Fund Investments
Foodstories raises Rs.50-Cr from Nikhil Kamath, Narotam Sekhsaria family office
Mumbai-based food-lifestyle-platform Foodstories has raised INR 50 crore in a funding round led by Nikhil Kamath, with participation from the Narotam Sekhsaria Family Office.Founded in 2023 by Ashni Biyani and Avni Biyani, Foodstories operates as a food lifestyle platform that connects consumers with curated products, producers, and food experiences. It currently maintains a retail presence in Delhi, Bengaluru, and Hyderabad and has recently opened a flagship store in Mumbai.The company plans to use the new funds to expand its business across its digital channel, delivery network, and retail footprints.
In Mar 2024, Foodstories had attracted about $8-M from Narotam Sekhsaria’s family office and others.For FY25, Foodstories had reported about INR 33 Cr in Operating Income and about INR 38 Cr in Net Loss.
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