Total amount raised
$22.1 Millions
Latest funding date
01/01/2023
Location
Paradise Food Court offers a variety of biryani and other Indian dishes, providing dine-in services at multiple locations, takeaway options, and delivery services through their app, Swiggy, and Zomato.
Keep reading to explore the intricacies of Paradise's fundraising journey and the investors backing this innovative platform.
What Is Paradise?
Paradise Food Court is a prominent chain of biryani restaurants primarily based in Hyderabad, India. The company operates in the food and beverage industry, focusing on restaurants and food courts.
With multiple locations across India, including Hyderabad, Bengaluru, Andhra Pradesh, Chennai, and Gurugram, Paradise Food Court is known for its high-quality biryani and other Indian cuisines. The company operates all its outlets directly, without any franchisees.
Paradise Food Court offers online ordering and delivery services through its app and popular food delivery platforms like Swiggy and Zomato, ensuring a seamless dining experience for its customers.
How Much Funding Has Paradise Raised?
- Series A
- Amount Raised: $12M
- Date: August 2014
- Lead Investors: Samara Capital
- Series A
- Amount Raised: $4.6M
- Date: October 2015
- Lead Investors: -
- Series A
- Amount Raised: $5.5M
- Date: March 2017
- Lead Investors: Samara Capital
- Secondary Market
- Amount Raised: -
- Date: January 2023
- Lead Investors: TR Capital
Paradise Food Court has raised a total of $22.1M 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. The firm focuses on creating value through operational improvements and strategic initiatives.
- Investment Focus Areas: Consumer products, healthcare, financial services, industrials, and technology.
- Notable Investments: Paradise Food Court, More Retail, and Sapphire Foods.
- TR Capital
- Details: TR Capital is a leading secondary private equity firm in Asia, specializing in providing liquidity solutions to private equity investors. The firm has a strong presence in the Asian market.
- Investment Focus Areas: Technology, consumer, healthcare, and financial services.
- Notable Investments: Flipkart, Lenskart, and PharmEasy.
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