HospitalityBiz India
Hotels FoodService Operations Ministry Associations Equipment Editorial HR Technology Technology Advisory Board Community
Follow us on Facebook Follow us on Twitter instagram
    Home > F&B Overview > F&B

Street food restaurant chain Yumlok to raise USD 1 million

Monday, January 15, 2018, 12:00 Hrs  [IST]

According to a DNA report, street food restaurant chain Yumlok is in talks with investors to raise USD 1 million by the end of this fiscal to support its expansion plans. The company at present operates four outlets. It plans to open 50 outlets by 2020 across the country. Yumlok got an undisclosed amount of angel funding from Naman Sarawagi (who also invested in Cashfree and DailyNinja) and Ashish Agarwal (founder of Digital Harbor and member of Mumbai Angels) in 2016. 

The company plans to expand its footprint through a combination of company-owned and franchised outlets. Yumlok plans to open outlets in metros and tier-I and -II cities such as Ahmedabad, Kanpur, Lucknow, Bhopal, and Indore. Yumlok serves North Indian meal combos, Delhi-style chaats and some Indo- Western fusion dishes. 

Print News Email News Back
Bookmark to Add to NewsvineNewsvine Bookmark with Digg ItDigg
Add RSS to Add to Google Add to My Yahoo! Subscribe with Bloglines Subscribe
* Name :    
* Email :    
* Message :  
  H&R Johnson opens sixth Experience Store in India to service Customers, Architects & Designers as a one-stop-shop
  Conrad Maldives Rangali Island Announces Opening of The Muraka, World’s First-of-its-Kind Residence
Receive the best of Hospitality content in your mailbox.
Weekly e-Newsletter
Events Calendar
PATA Adventure Travel & Responsible Tourism conference & Mart, 2019
February 13-15, Ganga Resort Rishikesh, Uttarakhand

AAHAR International Food & Hospitality Fair 2019
March 12-16, Pargati Maidan, New Delhi

Hotel Investment Conference South Asia (HICSA)
April 3 - 4, Grand Hyatt, Mumbai

© Copyright 2016 Saffron Synergies Pvt Ltd