99 Pancakes funding, investors and company details

99 Pancakes is an emerging HoReCa startup from Mumbai, working in the space of Specializes in mini pancakes, waffles, thick shakes, cakes, and premium desserts served fresh with diverse toppings. Founded by Vikesh Shah.

Company: Euphoriya Hospitality Private Limited
Sector: HoReCa
Location: Mumbai
Founders: Vikesh Shah
Total funding raised: ₹20 Cr

Company overview

99 Pancakes specializes in mini pancakes, waffles, thick shakes, cakes, and premium desserts served fresh with diverse toppings. Operations involve centralized supply chain management providing 75% of standardized ingredients to stores, franchise oversight with INR 8 lakh upfront fees plus 7% royalty, rigorous staff training, mystery audits, and mystery shoppers for quality control across 70+ outlets in 17 cities.

Funding rounds

Latest round (Series A): ₹20.00 Cr. ($ 2.38 Mn), 2024-08-27