Business News | Dough As You Like by Avantage Foods Raises Rs 5 Crore to Accelerate Expansion

PNN

Kolkata (West Bengal) [India], March 25: Avantage Foods Pvt. Ltd. announced today the successful raise of ₹5 crore in a funding round at a pre-money valuation of ₹110 crore, led by leading angel investors including Keventer Group and Ravi Didwania.

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The funds will be deployed to scale its flagship bakery brand, Dough As You Like, with a target to reach 100 stores by March 2027.

Commenting on the fundraise, the company founders Pradeep & Sudeeip Sharma said: "This capital will help us accelerate expansion and strengthen our position in the premium affordable bakery segment."

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About Avantage Foods Pvt. Ltd

Avantage Foods Pvt. Ltd. is a Kolkata based multi-brand F&B platform, which cimmenced operations in 2023. With over 55 functional outlets, it strives on building scalable, premium consumer brand across bakery, desserts & beverages.

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