Private Equity

Angel Investments

QSR chain for Japanese food Harajuku Tokyo Café raises $2-M

Economic Times   Harajuku Tokyo Cafe  

Delhi-based Harajuku Tokyo Cafe, a Japanese casual dining and quick-service restaurant (QSR) chain, has raised INR 19 crore (USD 2 million) in a seed funding round co-led by Indian Angel Network (IAN) and Samved VC, with participation from LetsVenture and venture debt fund Capitar Ventures.The firm will use the capital for its expansion, to strengthen operations and for entry into new geographies.Founded in 2019 by Gaurav Kanwar, Harajuku Tokyo Cafe operates seven outlets across Delhi NCR and Mumbai, with an annual recurring revenue (ARR) of over INR 30 crore. The firm’s D2C (direct-to-consumer) vertical, KoiKoi Essentials, sells ramen kits, sauces and frozen meals.