The Croffle Guys raises Rs 14 crore led by V3 Ventures at Rs 100 crore post-money valuation. The QSR startup plans to expand its store network with 40+ new outlets.
Amount Raised
₹140 Million
Round Type
Seed
Investors
Description
The Croffle Guys, a Mumbai-based QSR startup, has raised Rs 14 crore in a funding round led by V3 Ventures with participation from N.A.N Partners, the family office of Navin Agarwal. The round values the company at Rs 100 crore post-money. The capital will be used to expand the store network, targeting more than 40 new outlets primarily in Mumbai and Delhi. The company currently operates eight outlets with an annualized revenue run rate of Rs 24 crore and targets Rs 100 crore in annual revenue over the next 10-12 months.
Quick answer
The Croffle Guys raised ₹140 Million in a Seed round, dated November 3, 2026. Investors: N.A.N Partners and V3 Ventures. The Croffle Guys is based in Mumbai, Maharashtra, India.
- How much did The Croffle Guys raise?
- The Croffle Guys raised ₹140 Million in a Seed round on November 3, 2026.
- Who invested in The Croffle Guys?
- N.A.N Partners and V3 Ventures are named as investors in this round.
- What does The Croffle Guys do?
- The Croffle Guys is a Mumbai-based quick-service restaurant (QSR) startup founded in 2025 that specializes in croffles, a combination of croissants and waffles, offered in both sweet and savoury options.
- Where is The Croffle Guys based and how big is it?
- The Croffle Guys is based in Mumbai, Maharashtra, India. Fundz records about 10 employees.
- Who are the decision-makers at The Croffle Guys?
- Fundz holds 1 contact at The Croffle Guys, including the Co-Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Food and Beverage and Hospitality around the same time
Companies in the same sectors as The Croffle Guys that raised within 45 days of this round, from Fundz verified event records.
- Hundo Pizza raised $798K (Seed) on November 12, 2026.
- Fathers raised $2M (Seed) on November 5, 2026.
- Unify Foodworks raised $527K (Seed) on November 2, 2026.
- Endovia Health Sciences, Inc. raised $135M (Post-IPO Equity) on October 27, 2026.
- Sunshine Buns raised $7M (Series A) on October 27, 2026.
- Harajuku Tokyo Café raised $3M (Pre-Series A) on October 22, 2026.
Who to call at The Croffle Guys, and when
A new round usually means The Croffle Guys is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day The Croffle Guys raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at The Croffle Guys, from your own LinkedIn network
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