Cheelizza Raises INR 4.11 Crore Seed Fund From IAN
Mumbai-based Cheelizza - India Ka Pizza, a chain of exclusively vegetarian pizzas, has raised INR 4.11 crore in a Seed investment round that was coordinated by the Indian Angel Network (IAN).
IAN Investors Hari Balasubramanian, Uday Chatterjee, Deval Tibrewal, and Rajeev Sarda took the lead in the round. Rahul Surana, Sagar Daryani, and Karan Tanna also took part in the round.
The company intends to utilise the money to globally and dramatically increase its operations. Over the past ten years, we have operated covertly with the goal of establishing a solid foundation for the company.
Cheelizza is the first step in developing a portfolio of 100% vegetarian food brands that will give a huge vegetarian population another option.
We will be constructing an Indian pure veg platform over the next ten years, taking it global, and based on solid fundamentals of high value, higher quality, and highest trust.
We are really appreciative of IAN's assistance and support as we continue to expand. Cheelizza founder Animesh Lodha stated, "We will use this cash to hyperscale our firm and grow geographically.
Cheelizza will concentrate on opening 20 additional outlets in the upcoming 12 months in order to quickly grow their footprint in Mumbai.
Cheelizza is a pure vegetarian brand with a unique position in the market and a goal to build a global pure vegetarian food platform to serve customers worldwide.
'Cheelizza - India Ka Pizza,' a rapidly expanding network of vegetarian pizza restaurants, was established in 2013 by Animesh Lodha with a focus on appealing to vegetarians nationwide.
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