Total amount raised
$22.1 Million
Latest funding date
2023-01-09
Location
Paradise Food Court is a renowned chain of biryani restaurants offering a variety of biryanis and other Indian cuisines. They provide dine-in services at multiple locations across cities like Hyderabad, Bengaluru, Andhra Pradesh, Chennai, and Gurugram, along with delivery options through their app and popular food delivery platforms.
Keep reading to explore the intricacies of Paradise Food Court's journey and the investors backing this well-known restaurant chain.
What Is Paradise?
Paradise Food Court is a prominent chain of biryani restaurants based in Hyderabad, India. Known for its biryani and other Indian cuisines, the company operates in the food and beverage industry.
With multiple locations across cities like Hyderabad, Bengaluru, Andhra Pradesh, Chennai, and Gurugram, Paradise Food Court prides itself on being the world's favorite biryani destination. All its outlets are company-owned, ensuring consistent quality and service.
Paradise Food Court engages with customers through loyalty programs and offers delivery services via their app and popular platforms like Swiggy and Zomato.
How Much Funding Has Paradise Raised?
- Series A
- Amount Raised: USD 12,000,000
- Date: August 2014
- Lead Investors: Samara Capital
- Series A
- Amount Raised: USD 4,600,000
- Date: October 2015
- Series A
- Amount Raised: USD 5,500,000
- Date: March 2017
- Lead Investors: Samara Capital
- Secondary Market
- Date: January 2023
- Lead Investors: TR Capital
Paradise Food Court has raised a total of USD 22,100,000 in funding.
Key Investors
- Samara Capital
- Details: Samara Capital is a private equity firm based in India, known for its investments in mid-market companies. They focus on providing growth capital to businesses with strong potential.
- Investment Focus Areas: Consumer products, healthcare, financial services
- Notable Investments: Sapphire Foods, More Retail, Thyrocare
- TR Capital
- Details: TR Capital is a leading secondary private equity firm in Asia, specializing in providing liquidity solutions to private equity investors. They have a strong presence in the Asian market.
- Investment Focus Areas: Technology, consumer, healthcare
- Notable Investments: Flipkart, Lenskart, PharmEasy
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