Foodstories raises Rs 50 crore from Nikhil Kamath to scale across four metros
The Biyani sisters' curated food retail platform secures Rs 50 crore from Nikhil Kamath, joining the Sekhsaria family office on the cap table. Capital will fund store expansion, delivery muscle and digital commerce as Foodstories chases a Rs 1,000 crore run-rate across Delhi, Bengaluru, Hyderabad and Mumbai.
What happened
Foodstories, the curated food retail platform by Ashni and Avni Biyani, raised Rs 50 crore from Nikhil Kamath to expand retail footprint, strengthen delivery,
Key facts
- Rs 50 crore
- Rs 1,000 crore
Why this matters
A funded, multi-metro Foodstories reshapes the gourmet retail landscape and could trigger defensive moves from Nature's Basket, Modern Bazaar and quick-commerce premium SKUs—watch for partnership or acquisition openings as the category consolidates.