Private Equity 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.
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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.