Mast Kalandar, popular North Indian quick service restaurant chain has raised Series B from Helion Ventures and Footprint Ventures (Salarpuria Group, also participated in this round of financing).
Started in 2005, the company has expanded to 18 outlets (across Bangalore, Hyderabad and Chennai) and the company plans to use the investment towards promoting and scaling up its operations in India (plans to setup 100 quick service restaurants by 2012).
Kanwaljit Singh, Managing Director Helion Advisors Private Limited will join the board of Spring Leaf Retail Pvt. Ltd (parent company).
At the last UnPluggd, we invited Gaurav Jain (founder & ceo) to share his journey from being a software engineer to starting a restaurant business.
Do watch this UnPluGGd video (and reserve your seat for the upcoming one)