- March 11, 2022 / 5 min readThese funds will be used for its expansion & set up across 8 cities in India, along with technology advancements and building F&B capabilities.
Mauji, Pune’s first and India’s largest time-based cafe is all set to expand to different parts of India and globally.
It is currently seeking close to a million dollars in equity and debt funding.
These funds will be used for its expansion & set up across 8 cities in India, along with technology advancements and building F&B capabilities.
“I strongly believe that third spaces (another term used for cafes, community spaces, etc) are evolving in a different way altogether. It needs to serve a very different purpose. We want to visit and be at places other than our homes and place of work more than often. However, every place these days has become so commercialized, they are losing the warmth and comfort and I think that needs to be retained. We need to keep the customer's needs in mind before everything else,” shared Vandita Purohit, Founder, Mauji Time Café.
From the acquired funds, Mauji Time Cafe will use 75% in setting up new locations and 25% for talent acquisition, F&B, marketing, and brand building.
The current month-on-month growth is between 25-35% with a growth of more than 350% since its inception about a year ago.
With a current investment of 1 Crore, Mauji is looking to expand to cities like Bangalore, Delhi, Ahmedabad, Kolkata, Hyderabad, Jaipur, Himachal, and Goa.
Located at the heart of Pune in Bhosale Nagar, spread across a massive 5,500 sq bungalow space amidst lush green surroundings, right in the city yet away from the hustle.Trending ArticleDaily UpdatesWhich is the highest format preference of Fun-Seeker?
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