Dil Foods, an emerging Virtual restaurant enabler platform, has raised INR 72 Crore as part of its Series B funding round. The Series B funding is led by the Bikaji Foods Family Office and some other international funds, with participation from existing investors V3 Ventures and MJV Ventures, who doubled down on their investment, along with Alteria Capital. This brings the company’s total funding to INR 113 Crore to date, including nearly INR 37.7 Crore from its previous seed & Series A funding.
At a time when food consumption in India is evolving rapidly, Dil Foods is building a platform that combines culinary diversity, operational efficiency, and digital distribution. Since its last fundraise, Dil Foods has significantly scaled its footprint, expanding into new cities and strengthening its presence across existing markets.
The company has also significantly grown its network of restaurant partners, launched multiple cuisine-led brands, and introduced new menu categories aligned with evolving consumer demand. Building on this momentum, the company is now entering its next phase of growth. With the funding, the company will focus on diversifying its portfolio across cuisines, catering to a wider set of consumer cohorts, and expanding into additional high-growth markets.
Today, Dil operates 10 regional food brands across 6 cities, covering 340 pin codes. It is India’s largest chain of virtual brands, specializing in regional Indian cuisine. A continued focus on food-tech innovation and supply chain optimization will remain central to enabling scalable and sustainable growth.
Commenting on the development, Arpita Aditi, Founder, Dil Foods, said “Dil Foods has always been built on the idea of creating a sustainable ecosystem in the food industry. This funding will help us double down on that belief and capture a larger share of the consumer’s plate.With this capital, we aim to scale to 600 locations by FY28 and reach an annualized revenue of ₹500 crores. A significant portion will also go into strengthening our backend production and supply chain. Last year, we set up one of Bangalore’s largest central kitchens, spanning over 1 lakh sq. ft., and this is just the beginning.”
Arjun Vaidya, Founder, V3 said, “We backed Dil Foods three years ago at a very early stage when they were at just 30 locations, and the 30X scale they’ve achieved since then has been remarkable. What’s even more impressive is how they’ve combined that growth with strong capital discipline and a model that’s genuinely differentiated in the cloud kitchen QSR space. They are probably the most capital efficient business in the cloud kitchen QSR space in India. What I love is that Dil is building regional heroes. From a leading khichdi brand to a strong Bihari cuisine play and a fast-growing chole brand, it’s a clear sign of where India’s tastes is heading towards embracing regional flavours in a big way. They’re not just growing fast, Dil Foods is giving consumers their home favourites in an easy-to-access digital way – this impact makes it an even more interesting investment.”
Deepak Agarwal, Managing Director, Bikaji Foods International Ltd emphasised that “Having built Bikaji on the foundation of bringing authentic Indian flavours to people across the world, this investment in Dil Foods feels especially meaningful to us. We see in their journey a shared passion for regional cuisine and a deep understanding of how consumer preferences in India are evolving. What stands out is their ability to blend culinary authenticity with a modern, scalable approach to distribution. As they continue to expand their footprint and portfolio, we are excited to support them not just as investors, but as strategic partners who believe in the same larger vision of taking India’s diverse food culture to more plates, more consistently and more efficiently.”
“This isn’t a cloud kitchen play — it’s a distributed virtual brand network built on infrastructure that already exists. Arpita and the team have turned the restaurant industry’s biggest inefficiency into their moat, growing aggressively while keeping profitability at the core. This round sets them up to do it at national scale.” said by Mohammed Ali Shariff, Partner Mount Judi Ventures.
By redefining India’s access to its diverse regional cuisines at scale, while setting new benchmarks for capital efficiency and operational discipline, it is growing fast while staying grounded in a sustainable model.
