Startup Funding Tracker

Madras Mandi funding, investors and company details

Madras Mandi is an emerging FMCG startup from Bengaluru, working in the space of Food & Beverage – Online grocery / fresh produce delivery & B2B wholesale distribution. Founded by Prashanth Vasan, A. Aravindprabhu, R. Radhakrishnan Vikraman.

  • Company: Tech7 Phyll Private Limited
  • Sector: FMCG
  • Location: Bengaluru
  • Founders: Prashanth Vasan, A. Aravindprabhu, R. Radhakrishnan Vikraman
  • Total funding raised: ₹25.03 Cr

Company overview

Madras Mandi is an Indian quick-service restaurant (QSR) brand specializing in Arabian-style mandi cuisine, offering dishes such as chicken, mutton, and fish mandi along with grilled items and combo meals. The company operates in the food and beverage sector, providing dine-in, takeaway, and online delivery services through platforms like Zomato and Swiggy. It focuses on delivering authentic Yemeni flavors adapted to Indian tastes at affordable prices, with generous portion sizes that appeal to students, families, and group diners. Madras Mandi follows a hybrid casual dining and QSR model, ensuring quick service while maintaining quality, and generates revenue through company-owned outlets, franchise operations, and online orders. The brand has a strong presence in South India, particularly Tamil Nadu, and is expanding into other regions through franchising, supported by growing demand for Middle Eastern cuisine and effective branding and customer engagement strategies.

Funding rounds

  • Latest round: $ 3.00 Mn (₹25.03 Cr.), 2024-05-15. Investors: Klub