Kalaari Capital invests $2 Million in QSR chain Samosa Party

It also claims to have doubled its presence and tripled its revenue since last year and is now eyeing a 5X growth.
  • Nusra Deputy Features Editor
Samosa Party

Bengaluru-based QSR chain Samosa Party has raised $2 million in Pre Series A funding from Kalaari Capital.

With this funding, it aims to expand to over 100 outlets across Delhi NCR, Hyderabad, Chennai, and Bengaluru.

“The Global QSR opportunity is $250 billion with the largest share occupied by American brands. We want to create the first global Indian QSR brand,” said Amit Nanwani, Co-Founder, Samosa Party by pointing that their approach, on the back of very strong product expertise, consistent quality and an asset light approach, will help them scale across geographies seamlessly.

It also claims to have doubled its presence and tripled its revenue since last year and is now eyeing a 5X growth.

“What impressed us was their frugal mindset and deep focus on crafting an incredible customer experience on India’s most consumed snack. Given the tail winds to the sector as well as the team’s execution and brand building abilities, we believe that Samosa Party will emerge a dominant player in the Indian QSR market," added Vamshi Reddy, Partner, Kalaari Capital

Started by Amit Nanwani and Diksha Pande in 2017 with an aim to address the large gap in the Indian QSR market, it currently operate 15 outlets in Bengaluru and Gurgaon.

The product portfolio includes freshly made samosas, regional favourites like onion patti samosas, shareable party buckets and varieties of chai.

The brand currently caters to 50,000+ orders every month and is looking to double this in the next few months.

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