Dil Foods bags Rs 72 Cr Series B to scale virtual restaurant network to 600 locations
Bengaluru-based cloud kitchen enabler Dil Foods raised Rs 72 Cr Series B led by Bikaji Foods Family Office, taking total funding to Rs 113 Cr. The company runs 10 regional brands across 300+ partner restaurants in 6 cities and is targeting 600 locations and Rs 500 Cr ARR by FY28.
What happened
Dil Foods, a virtual restaurant enabler running 10 cloud brands across 300+ partner restaurants, raised Rs 72 Cr Series B led by Bikaji Foods Family Office.
Key facts
- Rs 72 crore Series B
- Rs 113 crore total funding
- 300+ restaurant partners
- 6 cities
- 10 regional brands
- 1 lakh sq ft central kitchen
- 600 locations by FY28
- Rs 500 crore annualised revenue target
Why this matters
Dil Foods is consolidating fragmented neighborhood restaurants into a multi-brand virtual network, making it a credible roll-up partner or acquisition target for FMCG and QSR players seeking distributed kitchen infrastructure.