Foodstories Secures Rs 50 Crore from Nikhil Kamath for Retail and Digital Growth, ETRetail

Bengaluru: Food lifestyle platform Foodstories has raised Rs 50 crore from investor Nikhil Kamath, with existing investor Narotam Sekhsaria family office continuing its support in the latest funding round.

Founded by Ashni Biyani and Avni Biyani, Foodstories operates a curated food retail and digital commerce platform connecting consumers with food producers, chefs, bakers and other food brands.

The company said the capital will be used to accelerate its digital business, strengthen its delivery network and support the expansion of its retail footprint.

Foodstories currently operates across Delhi, Bengaluru and Hyderabad and has recently entered the Mumbai market with the launch of a flagship store in Bandra. A second outlet in Lokhandwala is scheduled to open shortly.

“Better food is one of the highest-leverage changes a person can make to how they live,” said Nikhil Kamath. “Foodstories is one of the few platforms building the real infrastructure for that.”

Commenting on the company’s growth plans, Ashni Biyani said Foodstories is focused on building a Rs 1,000 crore business through a combination of curated product offerings, experiential retail and digital commerce.

Avni Biyani said the company remains focused on quality, craftsmanship and product sourcing as it scales operations.

The latest investment comes as the company expands its presence in key urban markets and strengthens its omnichannel retail strategy.

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