Faasos is lassoing in some serious money. Rs. 120 crore to be exact.
If you have ever been in a hurry to grab a bite, then you are no stranger to the yellow and purple outlets across your city. And if you haven’t seen their outlet yet, there is no way you’ve missed their happy little vehicles scooting around delivering wraps of joy to hungry citizens.
Faasos which stands for Fanatic Activism Against Substandard Occidentail Shit (Seriously, we had no idea it stood for that till now) was started by Jaydeep Barman and his long-time friend Kallol Banerjee in 2004 and they have been going strong since then. Faasos now operated in 6 cities with 90 outlets.
They have now raised Rs 120 crore ($20 million) in a fresh round of funding led by Lightbox Ventures. They will use this funding to add 10 cities over the next 12 months. Hopefully it will be your city!
Faasos also has an app that they launched in March last year. Now order your Faasos roll on the go.
Dahanu Celebrates “StreeRang,” A Unique Event to Felicitate and Celebrate Nari Shakti from Palghar and adjoining areas
The two-day event depicted the local culture and was marked with numerous activities to celebrate and empower local women. Dahanu,...
Rage Coffee expands its product portfolio enters new Ready to drink cold coffee segment
New Delhi, March 28th, 2023: The scorching summer sun always takes a big sip from your energy levels and drains you...
McDonald’s India- North and East Opens Restaurants with No Onion No Garlic Menu enroute the holy shrine of Vaishno Devi
Offering a 100% Vegetarian Menu, the restaurants are located at New Track- Tarakote Marg and Ardhkuwari Jammu, 16 March...
Gynoveda, Ayurveda-backed women’s healthcare startup, raises $10M in Series A funding led by India Alternatives Fund
Eyes democratising Ayurveda-enabled curative solutions from puberty to menopause for 1 Million women of India Round also saw participation from...
Butterfly Ayurveda organizes exclusive Women’s Day Wellness Workshop
New Delhi, March 09, 2023: With Women’s Day right around the corner, preparation for the celebrations and revelries have begun....