Sattviko, operated by Rays Culinary Delights, was founded in 2013 by IIT Roorkee graduates Prasoon Gupta, Ankush Sharma and Rahul Gupta. The company runs quick-service restaurants and positions its snacks and meals as tasty yet nutritious. It has expanded via acquisitions, buying Jaipur-based CallOnMeal in November 2015 and Delhi-based FYNE Superfoods in August 2016, and later acqui-hired Indori Chotore. Sattviko plans to launch its first fine-dining restaurant in Jaipur and is working on new product lines across India. The founders say the brand aims to deepen penetration in existing geographies and enter new Indian cities. The article does not disclose current revenue or user metrics. Sattviko is a fast-casual pure-vegetarian restaurant chain that prepares food using Vedic 'Sattvik' methods without onion and garlic. Its menu spans continental, Indian and Mexican specialties across meals, salads, munchies, desserts and beverages. The chain has implemented technology-driven features to make its delivery service more accessible. It currently operates five outlets and delivery centres in Delhi and Gurgaon and plans to launch three more by April. Financially, the company has raised a total of Rs 2 crore ($322,000) to date. Management says the new funding will be used to diversify the product range, grow the team and expand further in India.

Total raised

$0M

Funding rounds

2

Latest round

Equity

Latest activity

Feb 2015