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Nino Foods Raises $1.6

Recently funded · $1.6M SeedRetailINView source

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Building out its vision for India's fast food empire, Nino Foods (YC S21) has raised $1.6M in Seed funding. The startup, which operates 16 locations in Mumbai across QSR and cloud kitchen formats, owns brands like Nino Burgers, Francesco's Pizzeria, and KHA-Fried Chicken.

Nino Foods has demonstrated strong unit economics, achieving an industry-leading payback period of under a year per store. The company is tripling in size yearly, is profitable, and currently services 50K orders per month. Its founding team includes Nishant, an Insead MBA, and Pranav, who previously led online revenue for Disney and Conde Nast India.

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