FES Cafe raises pre-Series A round led by 12 Flags

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Cafe chain FES Cafe has raised around $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.

The Mumbai-based company had previously raised Rs 3 crore in a seed round led by Wolfpack Labs in July this year. 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.

Founded by Vidur Mayor, FES Cafe is an eggless dessert cafe…



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FES Cafe raises pre-Series A round led by 12 Flags


Cafe chain FES Cafe has raised around $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.

The Mumbai-based company had previously raised Rs 3 crore in a seed round led by Wolfpack Labs in July this year. 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.

Founded by Vidur Mayor, FES Cafe is an eggless dessert cafe…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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