The Croffle Guys raises Rs 14 Cr from V3 Ventures, N.A.N Partners at Rs 100 Cr valuation
The Croffle Guys, a Mumbai startup selling croffles, a croissant-waffle hybrid, has raised Rs 14 crore led by V3 Ventures, valuing it at Rs 100 crore post-money. The funds will open more than 40 outlets, mainly in Mumbai and Delhi. The chain has grown from two outlets to eight in a year. Annualised revenue run rate is Rs 24 crore.
Summary by QSR Wire India. The full story is on the publisher's site.
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Also reported by FnB News
- Funding The Croffle Guys raised Rs 14 crore from V3 Ventures, N.A.N Partners