The healthy food restaurant chain, Sattviko has raised an undisclosed amount of funding from existing investor Nasscom chairman Raman Roy along with a group of investors.
Other investors who participated in this funding round include existing investor former Jet Airways CEO G Ravi Shankar and new investors like Whirlpool chairman Arvind Uppal, FAB founder Sonu Bhasin, Global Holdings partner G Karthik and Credit Suisse (US) Vice President Sudheer Mamadpur, reports ETtech.
Commenting on the development, Prasoon Gupta, Founder, Sattviko said, “We aim to penetrate deeper into existing geographies and grow into newer cities in India.”
Founder further informed that they already working on launching new product lines in different parts of the India.
Earlier in 2015, the Delhi-based startup had raised Rs 2 crore seed funding to foray into the non-food products segment. Whereas, in 2016, the firm had raised funds from Raman Roy.
Sattviko also announced that it has acqui-hired snacks company Indori Chotore that has the presence in Mumbai and Pune. In 2015, the company had acquired food delivery startup Call A Meal.