Foodlink raises $8 Mn in Series B financing

Luxury cuisine brand Foodlink raises $8 million in a Series B round from Plutus Wealth Management. The company has so far raised $23 million including the current round.

The Mumbai-based company will use the funds to expand its flagship business of luxury catering across India and overseas, to take its luxury banquet brand JADE Luxury Banquets to more cities in India, and to scale their casual dining restaurant business through its brands, India Bistro, China Bistro & Art of Dum.

Foodlink provides culinary experiences from all around the world through curating F&B experiences at weddings, corporate events and everything in between including destination events in exotic locations in Europe, ME, USA, and APAC.

Founded in 2003 by Sanjay Vazirani, the company claims that its current revenue run rate for FY22 is Rs 100 crore and expects it to be around Rs 300 crore by the end of FY 23- 24.