Samiyosa to raise Rs 5 crore in early stage funding led by Angel Investors

They have already entered Ahmedabad with a cloud kitchen model.
  • Nusra Deputy Features Editor

Food innovation startup Samiyosa is set to raise INR 5 Crores from a group of angel investors and early stage funds.

The group will use the fund over a period of 12-15 months for franchise building, advertising and creating a strong foothold in new geographies.

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The funding will be used to invest massively on marketing, more on R&D of product development and franchise development across the country.

“We are the first movers in the industry of bringing innovation in Samosa. We have to maintain that positioning of being the frontrunners, and expand aggressively across India. We are looking to invest massively on marketing, more R&D on product development and franchise development across the country”, said Anshul Valecha, Founder, Samiyosa.

Samiyosa, a food-innovation startup founded in 2019, began its journey by introducing never-seen-before flavours and twists in the traditional age-old Indian snack, Samosa. Samiyosa created a concept of going the Subway-model for Indian Samosas. In a Create-Your-Own-Samosa model, a person can choose whether they want the regular fried samosa or the healthier option of Baked Samosa. Similarly, they can choose their dough / base and then finally the fillings from the wide variety of options at Samiyosa outlet.

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“Our main aim is to reach 100 stores by 2023, and we are already working aggressively on our targets. The innovation in the traditional snack that we have brought about is being loved by people of all ages. A lot of our customers have enquired about taking a franchise of the brand, which is very interesting as a brand owner”, added Ankit Valecha, Director, Samiyosa.

In the last 6 months, Samiyosa has been expanding aggressively across NCR with stores in Gurgaon, New Delhi and Noida. Present in high-end locations like Ambience Mall in Gurgaon, Pacific Mall in New Delhi, as well as the old school classic location of Pitampura, Samiyosa is now expanding its footprints across the country. They have already entered Ahmedabad with a cloud kitchen model.