Funding · Foodtech
The Croffle Guys raises INR14 crore to expand its restaurant network
V3 Ventures led the funding, with N.A.N Partners participating, at an INR100 crore post-money valuation.
The Croffle Guys has raised INR14 crore in a round led by V3 Ventures, with participation from N.A.N Partners, Navin Agarwal’s family office. The November 3 announcement values the restaurant business at INR100 crore post-money.
The Mumbai company plans to add more than 40 outlets, mainly in Mumbai and Delhi, with a selective presence in Pune. Its sweet and savoury croffle menu combines croissants and waffles. The chain had grown from two stores to eight in roughly a year.
Use of funds
Add more than 40 outlets across Mumbai, Delhi and Pune
Funding history
Funding · This round₹140M