Banarasi food brand Banaraswala has raised $2 million in a seed funding round from Prax Impex Private Limited.
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Banarasi food brand Banaraswala has raised $2 million in a seed funding round from Prax Impex Private Limited.
The proceeds will be used to expand its outlets, develop new menu offerings and grow its franchise network across India.
Founded by Vibhanshu Mishra, Banaraswala operates under the tagline “Ghat Se Ghar Tak” and serves traditional Banarasi food, including sweets, chaats and meals. The brand incorporates elements such as kulhads, pattal and clay into its dining experience.
The company currently operates three outlets across Delhi and plans to expand into Banswara in Rajasthan, Sarangpur in Gujarat, and Farrukhabad and Fatehpur in Uttar Pradesh. It also sells through major food delivery platforms.
Banaraswala aims to expand to 50 outlets across Rajasthan, Uttar Pradesh, Delhi NCR and other Tier 2 markets by March 2027. The expansion will include both company-owned and franchise outlets.
The company also plans to strengthen its operations, team and processes as it expands into new markets.