FES Cafe raises pre-Series A round led by 12 Flags

Cafe chain FES Cafe has raised around $1 million in a pre-Series A round led by 12 Flags. Existing investor Wolfpack Labs, a venture studio founded by Aakash Anand and Prerna Gupta, also participated.

The Mumbai-based company had previously raised Rs 3 crore in a seed round led by Wolfpack Labs in July this year. The fresh capital will be used to expand across Delhi NCR, strengthen delivery and operations through a central production kitchen, and attract talent for the next phase of growth.

Founded by Vidur Mayor, FES Cafe is an eggless dessert cafe chain offering baked cookies, puddings, alternative-ingredient cakes, seasonal desserts, savoury dishes, arcade game sections, and community formats such as Coffee Raves. The brand positions itself as a third space for young India and claims a loyal base of Gen Z and millennial customers.

“FES Cafe started with a simple belief: desserts deserve to be celebrated. With 12 Flags’ and Wolfpack’s support, we’re ready to take that vision to more neighborhoods, creating dessert-first cafes that double as community spaces,” said Vidur Mayor, Founder and CEO.