Banaraswala raises $2M in seed funding from Prax Impex to expand its Banarasi food outlets across India and strengthen franchise operations.
Amount Raised
$2 Million
Round Type
Seed
DelhiFood and BeverageHospitalityRetailInvestors
Description
Banaraswala, a traditional Banarasi food brand founded by Vibhanshu Mishra, has secured $2 million in seed funding from Prax Impex Private Limited. The capital will support outlet expansion, new menu development, and franchise network growth across India. The company currently operates three outlets in Delhi and plans to expand to 50 locations across Rajasthan, Uttar Pradesh, Delhi NCR, and other Tier 2 markets by March 2027. Proceeds will also strengthen operations, team capabilities, and processes to support the expansion into new markets.
Quick answer
Banaraswala raised $2 Million in a Seed round, dated October 15, 2026. Investors: Prax Impex and Prax Impex Private Limited. Banaraswala is based in Delhi, Delhi, India.
- How much did Banaraswala raise?
- Banaraswala raised $2 Million in a Seed round on October 15, 2026.
- Who invested in Banaraswala?
- Prax Impex and Prax Impex Private Limited are named as investors in this round.
- What does Banaraswala do?
- Banaraswala is a Banarasi food brand operating under the tagline 'Ghat Se Ghar Tak' that serves traditional Banarasi cuisine including sweets, chaats and meals.
- Where is Banaraswala based and how big is it?
- Banaraswala is based in Delhi, Delhi, India. Fundz records about 201 employees.
Source: Fundz verified event record.
Who else raised in Food and Beverage and Hospitality around the same time
Companies in the same sectors as Banaraswala that raised within 45 days of this round, from Fundz verified event records.
- Dan-O’s Seasoning raised $25M on October 21, 2026.
- Authentic Restaurant Brands raised $325M on September 10, 2026.
- Sorry Sugar raised $1M (Seed) on September 8, 2026.
- Hundo Pizza raised $798K (Seed) on November 12, 2026.
- Fathers raised $2M (Seed) on November 5, 2026.
- Sober & Co raised $79K (Pre-Seed) on November 5, 2026.
Who to call at Banaraswala, and when
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Banaraswala raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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