What is Faasos?
Founded in 2010 and headquartered in Pune, India, Faasos has evolved into a multi-brand cloud kitchen operator. The company manages a diverse portfolio of culinary brands, including Behrouz Biriyani, Ovenstory, and Kettle & Eggs, catering to a wide range of consumer preferences. By operating over 75 cloud kitchen outlets, Faasos has optimized its supply chain and delivery logistics to serve customers across India efficiently. The company's hybrid model, which includes both digital-only kitchens and select offline stores in cities like Bengaluru, positions it as a leader in the digital food infrastructure space. Its mobile-first approach, supported by dedicated Android and iOS applications, facilitates seamless customer engagement and data-driven menu optimization.
How much funding has Faasos raised?
Faasos has raised a total of $34.4M across 3 funding rounds:
Series A
$8M
Series B
$20M
Series C
$6.4M
Series A (2011): $8M with participation from Steamboat Ventures
Series B (2015): $20M led by LightBox Ventures and Steamboat Ventures
Series C (2017): $6.4M supported by RTP Global, Lightbox Ventures, RB Investments, and Sequoia Capital India
Key Investors in Faasos
Steamboat Ventures
Steamboat Ventures, founded in 2000, focuses on helping young companies become market leaders. They invest in early to growth stage companies within the technology, media, and consumer sectors.
Lightbox Ventures
Lightbox is a venture capital firm with $450 million in assets under management, making concentrated bets on differentiated businesses building unique solutions for India's consumption market.
Sequoia Capital India
Sequoia Capital India manages funds focused on venture, growth, and late-stage opportunities, acting as a long-term, value-added partner to entrepreneurs and management teams.
What's next for Faasos?
Looking ahead, the strategic focus for Faasos remains centered on deepening its penetration within the Indian market while potentially exploring new operational efficiencies. The capital secured through its various funding rounds provides the necessary runway to enhance its technological stack and expand its cloud kitchen network. As the company continues to refine its multi-brand strategy, it is well-positioned to capitalize on the growing demand for convenient, high-quality food delivery services. Future growth will likely involve further investment in automation, supply chain resilience, and the acquisition or development of new culinary brands to maintain its competitive edge in the rapidly evolving food-tech sector.
See full Faasos company page
