Unify Foodworks, the pan-Indian master franchisee of Moe’s Casa Mexicana and Carvel, has raised Rs 5 crore in seed funding through compulsorily convertible debentures (CCDs) to strengthen the presence of both brands across the National Capital Region. The round marks an important step in the company’s plan to build Moe’s Casa Mexicana and Carvel into a national restaurant brand, with a long-term roadmap of more than 100 stores across India.
The funding will support deeper market penetration across NCR, where both brands made their India debut. The focus is on building store density, strengthening consumer recall and refining the operating model in a market that offers a strong base for the next phase of expansion.
Moe’s Casa Mexicana and Carvel bring distinct propositions to India’s evolving food services landscape. Both are owned by Roark Capital, whose brands include Subway, Baskin-Robbins and Dunkin’. Moe’s Casa Mexicana is the international evolution of US fast-casual chain Moe’s Southwest Grill, and India is its first international market. Unify Foodworks also holds the master franchise for Moe’s Southwest Grill, the larger-format restaurant concept within the brand portfolio. Its menu pairs signature burritos, bowls and tacos with India-focused creations such as Habanero Paneer. Carvel, the American ice cream brand founded in 1934 and widely credited with inventing soft serve, entered India at Connaught Place in 2025.
“Travel has rewired the Indian palate. Someone who has had a burrito in Atlanta or a soft serve in New York comes home expecting that exact experience, not a local approximation of it. For this consumer, consistency is the indulgence. Global brands are engineered to deliver it, but only when the operator gets the foundations right. This round gives us the runway to build those foundations store by store, so every new opening is a proven model repeated, not an experiment. Just as valuable are backers who understand consumer brands and share our long view. Our ambition is to make Unify Foodworks the go-to platform for international F&B brands entering India, scaling names that own their category without diluting what made them iconic,” said Sumer Sethi, Founder and CEO, Unify Foodworks.
