Foodstories bags ₹50 cr from Nikhil Kamath to scale gourmet retail footprint
Biyani sisters' gourmet retail startup Foodstories raised ₹50 crore in a round led by Zerodha's Nikhil Kamath, with participation from the Narotam Sekhsaria Family Office. The capital will fund Mumbai flagships in Bandra and Lokhandwala, plus expansion of digital and delivery operations across Delhi, Bengaluru and Hyderabad.
What happened
Gourmet retail startup Foodstories, founded by Ashni and Avni Biyani, raised ₹50 crore led by Nikhil Kamath to expand digital, delivery and retail footprint,
Key facts
- ₹50 crore
- ₹1,000 crore
Why this matters
Foodstories' funded multi-city rollout creates a sharper competitive set for incumbent gourmet grocers and a potential partnership or acquisition target as the category consolidates around branded experiential retail.