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🤷 How Viraj Bahl Built a 2000 Crore Sauce Brand from Zero Orders 🍅✨ 👉 #Viraj Bahl’s story is one for the books. At just 15, he dreamt of joining his family’s food packaging business, Fun Foods. But his father had a condition—first, Viraj had to earn a livelihood capable of supporting the family. Undeterred, he found his chance through a unique program with AP Moller Maersk, which paid students to work at sea 🌊. 🌮 Viraj excelled, joined Fun Foods, and was instrumental in growing the brand, which eventually sold for 100 Crore. But his next venture, a restaurant, failed. By 2012, he had just half his earnings left. Yet, he saw potential in India’s underdeveloped sauce market, noticing people relied on relatives abroad to bring back new flavors. 🍕Idea was simple ⏩ Serve preservative-free sauces to restaurants and fast-food chains with 75% less #fat and 50% less #sugar. With players like Kissan and Maggi, breaking in was difficult. He begged multiple food chains for orders but found no customers. And his fortunes changed after 1.5 years. ✅ 🍅With his last savings, he launched Veeba with a mission: preservative-free sauces with less fat and sugar, aimed at restaurants. Yet, for 1.5 years, no one ordered. Then came a turning point in 2014—#Domino's placed a massive order, soon followed by #KFC🍗 and # Pizza Hut!🍕 Veeba soared, eventually entering the B2C market, scaling to 542 Crore in revenue by 2022, and continuing its journey to 1000 Crore this year. 💫 From humble beginnings to a game-changing brand, Viraj Bahl’s story shows that persistence pays off—even in a sauce bottle. 🍾👊 If everything aligns at the #right time ✅ and every decision comes with a #perfect catch up ,✔ then this business, too, will flourish—just like this sauce.😀👍🏻 #Entrepreneurship #SuccessStory #Veeba

Foodtech firm Rebel Foods has announced its Series G funding round of $210 million, comprising a mix of primary and secondary share sales. The Series G round was led by Temasek with participation from existing investor Evolvence India. The capital will be instrumental in expanding Rebel Foods’ footprint and strengthening its platform by enhancing its portfolio of brands. Rebel Foods is an Indian online restaurant company that operates cloud kitchens and is the world's largest restaurant platform. Founders: Jaydeep Barman and Kallol Banerjee Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in

🚀 Rebel Foods Narrows Losses by 42% in FY24 🚀 Rebel Foods, the parent company of Faasos and a leader in the cloud kitchen space, has reported a significant reduction in its net loss, narrowing it by 42% to INR 378.2 Cr in FY24 from INR 656.5 Cr in the previous fiscal year. This impressive turnaround comes on the back of a 19% surge in operating revenue, which reached INR 1,420.2 Cr in FY24, up from INR 1,195.2 Cr in FY23. The company achieved this milestone by boosting its top line and maintaining tight control over expenses, which saw only a modest 1.6% increase to INR 1,857 Cr in FY24. Founded in 2011, Rebel Foods is home to a diverse portfolio of popular QSR brands, including Behrouz Biryani, Ovenstory Pizza, The Good Bowl, and SLAY Coffee. The company's continued growth and strategic focus on efficiency underscore its position as a formidable player in the food-tech industry. 🍕☕ #RebelFoods #CloudKitchen #QSR #BusinessGrowth #Faasos #FoodTech #StartupIndia

Subko Specialty Coffee Roasters and Craft Bakehouse, a Mumbai-based specialty coffee roaster and craft bakehouse, has raised over Rs 85 crore in a Series B funding round. The #investment was led by NKSquared, founded by the Kamath brothers, with participation from existing #investors and notable individual investors. NKSquared invested around Rs 70 crore in Subko Coffee, acquiring a 25% stake and valuing the #startup at around $35-40 million post-money. Other investors in the round include Pallavi Dempo, Srinivas Dempo, Jay Mehta, Gauri Khan Family Trust, John & Priya Abraham, Blume Ventures, and Progressive LLP. Founded in March 2020 by Rahul Reddy, Subko Coffee has experienced remarkable growth, with its revenue surging by 94% to Rs 13.57 crore in FY23, up from Rs 7 crore in FY22. However, the company also reported a loss of Rs 9.86 crore in the same period. Subko Coffee offers a range of caffeinated beverages, baked goods, and coffee roasts, competing with brands like Third Wave Coffee, Blue Tokai, and Rage Coffee. The Series B funding round is expected to fuel Subko Coffee's expansion plans and further #strengthen its position in the market. With its unique offerings and strong growth trajectory, the company is poised for continued success in the specialty coffee industry. #SpecialtyCoffee #CraftBakehouse #FundingRound #StartupFunding #CoffeeIndustry #startupindia #businessgrowth

A slew of homegrown food and beverage brands across categories such as pizzas, bubble teas and burgers are drawing funding from early-stage institutional investors and HNIs Read more at: https://lnkd.in/gE786P6T Sonali Priy Kapoor #investors #foodstartup #startupindia #foodindustry #economy #news #india #pr #pragency #digitalmedia #digitalmediamarketing #digitalmediamarketing #socialmediamarketing #hatchproject #thehatchproject

Boost Your Sales with the Decoy Pricing Model! 📈✨ Unlock the secret to higher sales with the Decoy Pricing Model! By strategically positioning your pricing options, you can guide customers to the choice that maximizes your profits. Watch our latest reel to see how it works with real-life examples from a coffee shop, online subscription service, and an Indian restaurant. Give it a try and watch your sales soar! 💰💡 #DecoyPricing #BusinessTips #SMEsIndia #BoostSales #EntrepreneurLife #IndianBusiness #PricingStrategy #SmallBusinessGrowth #DecoyPricing #BusinessTips #SMEsIndia #BoostSales #EntrepreneurLife #IndianBusiness #PricingStrategy #SmallBusinessGrowth #MarketingStrategies #SalesBoost #BusinessGrowth #IndianEntrepreneurs #StartupsIndia #BusinessAdvice

Mumbai-based restaurant chain, House of Biryan - Biryani, Kepsa and More, has successfully raised $2 million in a recent funding round. The investment was led by Al Siraj Holdings, a prominent Middle Eastern family office, alongside Angel Star Ventures, LLC, a US-based fund from Pennsylvania, and several high-net-worth individuals from the United States. This latest round brings House of Biryan's total funding to $3 million. Founded in 2022 by renowned chefs Mikhail Shahani and Mohammed Bhol, House of Biryan specializes in biryani and other Mughlai and North Indian cuisines. What began with two cloud kitchens has quickly grown into a network of 12 kitchens across Mumbai and Delhi, with ambitious plans to reach 30 locations. "Our success is rooted in our simple yet effective strategy of delivering delicious and addictive biryani within 30 minutes," Bhol explained. The newly acquired funds will be used to scale the business further, aiming for an annual revenue run rate of Rs 100 crore by December 2025. House of Biryan's growth strategy is focused on deepening its offerings within its core cuisine categories rather than diversifying into multiple brands. Currently, the chain serves about 40,000 orders a month, with an average order size between Rs 700 and Rs 800. The brand aims to enhance its biryani, kebabs, and other Mughlai dishes, maintaining a concentrated approach to its menu. Despite a 2% annual operating loss, House of Biryan aims to achieve single-digit profitability by December 2024. The startup's current annual revenue run rate stands at Rs 25 crore across six businesses. Abhineet Singh, CFA, FRM, Chief Investment Officer at Al Siraj Holdings, shared, "Having participated in their previous round and witnessed firsthand the strong consumer loyalty and solid unit economics, we were eager to support Mohammed and Mikhail once again. House of Biryan represents our first formal investment in India's dynamic growth story." #HouseOfBiryan #Mumbai #RestaurantChain #Funding #FundingAlert #FundraiserAlert #AlSirajHoldings #FamilyOffice #AngelStarVentures #HNI #BusinessGrowth #BusinessExpansion #CuisineCategory #MughlaiDishes #FoodIndustry #ARR #AllBoutCorps

This woman owns 8 food brands without even having a physical kitchen.  Here’s what every entrepreneur should learn from her! Meet Arpita, the founder of Dil Foods, a virtual restaurant operator. Basically, restaurants can connect with her brand to utilize their resources and earn more profits. Over the last 1.5 years, she has partnered with 65+ restaurants and currently operates 111 outlets. She has generated over Rs 6 crore in incremental revenue for restaurants that have partnered with her. She recently appeared on Shark Tank India season 3 and received funding from four sharks at the same valuation as she requested. Here are 4 main takeaways from her pitch: 📍Unique business model: Dil Foods collaborates with restaurants to create virtual franchises/brands. This implies that Dil Foods will assign a brand to a restaurant based on its geographic location. The restaurant will provide its own kitchen and use Dil Foods ingredients to cook the food. The secret to consistent taste is their freeze-dried products. And to make it fresh (microbe-free), they bring the temperature of cooked food to 18° C, freeze-dry it, and store it in powder form. 📍Solving a pain point: In the last two years, 3 lakh restaurants have shut down. The reason is their low profits and high staff dependency. Moreover, 98% of restaurants are underutilized. Dil Foods solves just that by adding a new stream of income for restaurants without the need for additional investment. 📍 Strong control over numbers: She knows her numbers very well. In the show, she even explained her unit economics brilliantly. This wasn’t her first round of funding; she has already raised it four times. 📍Great vision: Last year, she made Rs. 7 crore in revenue, and in the last 6 months, she made Rs. 13.16 crore, including profit. In the next 5 years, she is aiming to scale her business to Rs. 7500 crore. She even owns the supply chain for her business. She came to Shark Tank not to raise money but to build a team of experienced founders who could help her business in the future. Hats off to her for her amazing business idea and vision. P.S.: What is one thing you love about Dil Foods? #business #restaurants #brands

Boost Your Sales with the Decoy Pricing Model! 📈✨ Unlock the secret to higher sales with the Decoy Pricing Model! By strategically positioning your pricing options, you can guide customers to the choice that maximizes your profits. Watch our latest reel to see how it works with real-life examples from a coffee shop, online subscription service, and an Indian restaurant. Give it a try and watch your sales soar! 💰💡 #DecoyPricing #BusinessTips #SMEsIndia #BoostSales #EntrepreneurLife #IndianBusiness #PricingStrategy #SmallBusinessGrowth #DecoyPricing #BusinessTips #SMEsIndia #BoostSales #EntrepreneurLife #IndianBusiness #PricingStrategy #SmallBusinessGrowth #MarketingStrategies #SalesBoost #BusinessGrowth #IndianEntrepreneurs #StartupsIndia #BusinessAdvice

Kaatil, Indian-Chilli-Focused Condiments Brand, Raises Seed Funding Kaatil, a hot condiments brand under Smerc Food & Beverages, specializing in Indian-chilli-based sauces and oils, has successfully raised an undisclosed amount in seed funding. The funding round was led by Mumbai-based Prajay Advisors, with participation from prominent investors Shivaan Ghai and Romil Ratra of the Graviss Group. This new capital comes on the heels of Kaatil’s recent win of the prestigious Great Taste Award 2024 from the Guild of Fine Foods, U.K., solidifying its position as a high-quality player in the global condiments market. read more https://lnkd.in/gqWcTkCY Kaatil(Smerc Foods & Beverages) Sagar Merchant Arjun Panwar #Kaatil #IndianChillies #Condiments #HotSauce #SeedFunding #FoodAndBeverage #StartupGrowth #GlobalExpansion #Ecommerce #B2B #HealthyEating #ProductInnovation #FoodIndustry #GreatTasteAward #D2C #FoodTech #SustainabilityInFood #InternationalBusiness #IndianStartups #SpicyFood