Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Oct, 03 2014

Gujarat-based QSR chain Neopolitan Pizza secures funding

This is SAVF\'s third investment after it invested an undisclosed amount in Ahmedabad-based engineering firm MR Organisaion Ltd and in Delhi-based Learning Edge Academy of Professionals Pvt Ltd.

Neopolitan Pizza Pvt Ltd, a Gujarat-based quick service restaurant (QSR) chain operator, has raised an undisclosed amount in an angel funding from Sarthi Angels Venture Foundation (SAVF), according to a VCCircle report.

This is SAVF's third investment after it invested an undisclosed amount in Ahmedabad-based engineering firm MR Organisaion Ltd and in Delhi-based Learning Edge Academy of Professionals Pvt Ltd.

Started in 2012 by Mukund Purohit, an Indo Canadian entrepreneur, Neopolitan Pizza has positioned itself as a vegetarian Italian meal chain. Besides traditional Italian fast food it also offers Jain Special food.

Currently, Neopolitan Pizza has 22 stores and it aims to have 100 outlets by 2017 pan India.

QSR as a business has attracted several investors in the past. Most recently, Nilgai Foods, which operates QSR chain PICO and sells condiments and gourmet processed foods products, raised its first round of equity investment from an unnamed high net-worth investor (HNI).

SAVF, which was launched in August 2013 by Sarthi Group, a financial services company, comprises high net-worth angels among others and invests in startups operating in sectors like e-commerce, IT, agriculture and food processing, consumer, clean tech, healthcare and media. The platform can invest at any stage of a startup lifecycle (even in ideation stage companies) and the amount invested can go up to $2 million. 

Comment
Related opportunities
  • Others Vocational Training
    About Company :-Infowiz trains and equip an individual to succeed..
    Locations looking for expansion Punjab
    Establishment year 2010
    Franchising Launch Date 2016
    Investment size Rs. 30lac - 50lac
    Space required 3500 - Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chandigarh Punjab
  • Manufacturing & Ancillary
    About: Client is into business in relation to designing, manufacturing..
    Locations looking for expansion New Delhi
    Establishment year 1996
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Quick Service Restaurants
    About:Charcoal Biryani is a fast growing Indian QSR brand. The..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 500 - 550 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Build your own Successful business!!! Welcome to the Waays &..
    Locations looking for expansion Maharashtra
    Establishment year 2010
    Franchising Launch Date 2014
    Investment size Rs. 50 K - 2lac
    Space required 200 sq.ft and above
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities