This post was originally published on The Economic Times
Bangalore: Bengaluru-based Babai Tiffins, operated by Ristara Foods Pvt. Ltd., has raised ₹15.5 crore in a growth funding round led by Warmup Ventures (₹6 crore) and CDM Capital (₹4.25 crore). The round also saw participation from nX Capital Partners, 888VC, Ankur Mittal (Co-founder, Inflection Point Ventures), Dr A. Velumani (Founder, Thyrocare), Ahana Gautam (Founder & CEO, Open Secret), and Shivam Mishra (Co-founder, String Ventures).
With this latest funding, Babai Tiffins plans to expand from three to ten outlets over the next two years, deepening its presence in Bengaluru before entering select Tier I and Tier II markets. The company will also enter the packaged foods segment with a range of podis, pickles, sweets, and savouries inspired by traditional Andhra recipes, creating a complementary revenue vertical alongside its QSR operations.
In parallel, investments will be made in technology and supply-chain infrastructure, including inventory management, demand forecasting, and centralised procurement systems, to ensure operational efficiency and consistency at scale. As it expands both its QSR footprint and packaged foods portfolio, the company is targeting ₹150 crore in revenue in its next phase of growth.
Sharad Bansal, Co-founder, Warmup Ventures, said, in a statement, “Babai Tiffins is building a
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