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	<title>REckitt Benckiser Archives - Business of Food</title>
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		<title>FES Cafe, incubated by Wolfpack Labs, raises ~$1 Million in Pre-Series A round led by 12 Flags to accelerate expansion across Delhi NCR</title>
		<link>https://www.businessoffood.in/fes-cafe-incubated-by-wolfpack-labs-raises-1-million-in-pre-series-a-round-led-by-12-flags-to-accelerate-expansion-across-delhi-ncr/</link>
		
		<dc:creator><![CDATA[Business of Food Bureau]]></dc:creator>
		<pubDate>Mon, 17 Nov 2025 09:12:10 +0000</pubDate>
				<category><![CDATA[Food Service]]></category>
		<category><![CDATA[12 Flags]]></category>
		<category><![CDATA[Aakash Anand]]></category>
		<category><![CDATA[Amit Nagpal]]></category>
		<category><![CDATA[Business Of Food]]></category>
		<category><![CDATA[Emerging Food Products 2025]]></category>
		<category><![CDATA[FES Cafe]]></category>
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		<category><![CDATA[Prerna Gupta]]></category>
		<category><![CDATA[Rakesh Kapoor]]></category>
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		<category><![CDATA[Restaurant Business Growth]]></category>
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		<category><![CDATA[Vidur Mayor]]></category>
		<category><![CDATA[Wolfpack Labs]]></category>
		<guid isPermaLink="false">https://www.businessoffood.in/?p=12925</guid>

					<description><![CDATA[<p>FES Cafe, India’s first 100% eggless dessert-led cafe chain, has raised ~$1 million in a pre-series A round led by 12 Flags, a global consumer fund founded by Rakesh Kapoor, former Global CEO, Reckitt Benckiser. Wolfpack Labs, a venture studio and startup lab founded by Aakash Anand and Prerna Gupta, an existing investor of FES Café, [&#8230;]</p>
<p>The post <a href="https://www.businessoffood.in/fes-cafe-incubated-by-wolfpack-labs-raises-1-million-in-pre-series-a-round-led-by-12-flags-to-accelerate-expansion-across-delhi-ncr/">FES Cafe, incubated by Wolfpack Labs, raises ~$1 Million in Pre-Series A round led by 12 Flags to accelerate expansion across Delhi NCR</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph"><strong>FES Cafe, </strong>India’s first 100% eggless dessert-led cafe chain, has raised ~$1 million in a pre-series A round led by <strong>12 Flags,</strong> a global consumer fund founded by <strong>Rakesh Kapoor,</strong><em> former Global CEO, Reckitt Benckiser. </em><strong>Wolfpack Labs,</strong> a venture studio and startup lab founded by <strong>Aakash Anand</strong> and <strong>Prerna Gupta, </strong>an existing investor of FES Café, is also doubling down as part of this round.<br><br>The investment will fuel FES Cafe’s strategic expansion across Delhi NCR, strengthen its delivery and operations through the central production kitchen, and help the brand attract top talent to lead its next phase of growth.<br><br>Since its launch, FES Cafe has rapidly grown into a cult-favourite dessert destination, known for its New York-inspired chunky, <strong>freshly baked cookies, seasonal dessert drops, and experiential community formats</strong>. The brand has built a loyal base of Gen Z and millennials who see FES as a cultural hub, a modern “third space” that celebrates indulgence and connection.<br><br>“FES Cafe started with a simple belief: desserts deserve to be celebrated,” said <strong>Vidur Mayor, </strong><em>Founder &amp; CEO, FES Cafe. </em>“With 12 Flags’ and Wolfpack’s support, we’re ready to take that vision to more neighborhoods, creating dessert-first cafes that double as community spaces. This next phase is about scaling with intention, expanding footprints while retaining the craft, culture, and consistency that make FES special.”<br><br>“We’re excited to partner with FES, a distinctive neighborhood dessert cafe that brings together indulgent combinations like cookies and ice cream, a concept we believe will resonate deeply with people across all age groups eventually. With a sharp focus on consistency, quality, and execution, we’re confident this proposition will scale successfully across the country,”<strong> said Rajat Agarwal, </strong><em>Partner and MD, 12 Flags.</em><strong><br></strong><br>“FES is building what India’s been waiting for: a true community cafe brand with the buzz of a Central Perk and the business rigour to back it up,” said <strong>Aakash Anand,</strong><em> co-founder &amp; partner, Wolfpack Labs. </em>“From coffee raves to cult desserts, FES has all the right ingredients: a relatable brand, a loyal following, solid unit economics, and a founder with the hustle to scale nationwide.”<br><br>“We’re backing FES because it understands what the next generation wants: a space that’s inclusive, indulgent, and social,”<strong> added Prerna Gupta, Founder, Wolfpack Labs. </strong>“This is a brand that can grow fast and still feel personal, a rare and powerful combination.&#8221;<br><br>FES Cafe has also onboarded <strong>Amit Nagpal, </strong><em>ex-CFO, Blue Tokai Coffee Roasters, </em>as Strategic and Financial Advisor to work closely with the management team on cafe expansion and strategic initiatives. “FES has demonstrated strong early-stage store economics backed by a highly effective brand marketing strategy,” said Amit.</p>
<p>The post <a href="https://www.businessoffood.in/fes-cafe-incubated-by-wolfpack-labs-raises-1-million-in-pre-series-a-round-led-by-12-flags-to-accelerate-expansion-across-delhi-ncr/">FES Cafe, incubated by Wolfpack Labs, raises ~$1 Million in Pre-Series A round led by 12 Flags to accelerate expansion across Delhi NCR</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">12925</post-id>	</item>
		<item>
		<title>Guilt-free ice cream brand Go Zero picks up USD 1 Mn in Pre-Series A funding</title>
		<link>https://www.businessoffood.in/guilt-free-ice-cream-brand-go-zero-picks-up-usd-1-mn-in-pre-series-a-funding/</link>
		
		<dc:creator><![CDATA[Press Release]]></dc:creator>
		<pubDate>Mon, 13 Nov 2023 12:14:00 +0000</pubDate>
				<category><![CDATA[Food & Grocery]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Apsara Ice Cream]]></category>
		<category><![CDATA[Arjun urkayastha]]></category>
		<category><![CDATA[Blinkit]]></category>
		<category><![CDATA[Bombay Shaving Company]]></category>
		<category><![CDATA[DSG Consumer Partners]]></category>
		<category><![CDATA[Go Zero]]></category>
		<category><![CDATA[Ice Cream]]></category>
		<category><![CDATA[Instamart]]></category>
		<category><![CDATA[Kiran Shah]]></category>
		<category><![CDATA[Krishi Fagwani]]></category>
		<category><![CDATA[Nikhil Vora]]></category>
		<category><![CDATA[REckitt Benckiser]]></category>
		<category><![CDATA[Saama]]></category>
		<category><![CDATA[Shantanu Deshpande]]></category>
		<category><![CDATA[Sixth Sense Ventures]]></category>
		<category><![CDATA[Swiggy]]></category>
		<category><![CDATA[Thrive]]></category>
		<category><![CDATA[V3 Ventures]]></category>
		<category><![CDATA[Zepto]]></category>
		<category><![CDATA[Zomato]]></category>
		<guid isPermaLink="false">https://businessoffood.in/?p=796</guid>

					<description><![CDATA[<p>Go Zero, an innovative ice cream brand committed to offering guilt-free delight, has secured USD 1 Million in its pre-Series A funding round. The round was led by DSG Consumer Partners, Saama, and V3 Ventures, with participation from angel investors Shantanu Deshpande, CEO of the Bombay Shaving Company; Arjun Purkayastha, Regional – Head Greater China, [&#8230;]</p>
<p>The post <a href="https://www.businessoffood.in/guilt-free-ice-cream-brand-go-zero-picks-up-usd-1-mn-in-pre-series-a-funding/">Guilt-free ice cream brand Go Zero picks up USD 1 Mn in Pre-Series A funding</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="wp-block-paragraph" id="ember38">Go Zero, an innovative ice cream brand committed to offering guilt-free delight, has secured USD 1 Million in its pre-Series A funding round. The round was led by DSG Consumer Partners, Saama, and V3 Ventures, with participation from angel investors Shantanu Deshpande, CEO of the Bombay Shaving Company; Arjun Purkayastha, Regional – Head Greater China, Reckitt Benckiser; Nikhil Vora, Founder &amp; CEO, Sixth Sense Ventures; Krishi Fagwani, CEO, Thrive; and many other notable founders and CEOs. Founded by Kiran Shah, the brand’s diverse product portfolio comprises zero-sugar, high-protein, and low-calorie ice creams.</p>



<p class="wp-block-paragraph" id="ember39">Go Zero possesses the potential to establish itself as the pioneering brand in its category, with its distinct product portfolio, taste profiles, and vast domain expertise. Go Zero’s Founder and CEO, Kiran Shah, is a veteran of the food and beverages industry, having spearheaded Apsara Ice Cream’s operations from 2014 to 2022. At Apsara, he played an instrumental role in expanding it from its single-store operations to a nationwide chain with over 100 outlets. Although his family has run Apsara since 1971, Apsara had remained a single-store brand for over 50 years until Shah took over.</p>



<p class="wp-block-paragraph" id="ember40">Go Zero has been focused on producing delicious ice creams without compromising on taste while ensuring its products contain zero added sugar. With a mission to provide health-conscious consumers with alternatives to traditional sugar-laden ice creams, the brand has rapidly gained popularity among individuals looking for healthier dessert options. Given that there are numerous emerging brands that provide low-calorie and zero-sugar options, Go Zero aims to majorly focus on the taste, sweetness, and flavour to stand apart from its peers. With the new financing, the company plans to expand its market reach, enhance its production capabilities, strengthen its distribution network, and introduce more innovative flavours and product lines.</p>



<p class="wp-block-paragraph" id="ember41">According to <strong>Kiran Shah, Founder, Go Zero</strong>, “Post the pandemic, people have become conscious of what they are consuming. More and more consumers are switching to healthier snacking options. With Go Zero, we aim to make the ice cream and dessert eating experience a healthy and guilt-free one for all. All our products are completely zero sugar, sweetened with plant-based sweeteners, which are completely safe and low in calories. For example, my favourite is the Belgian Chocolate flavour, which was designed such that consumers never had to feel a <em>compromise</em> while consuming a no-sugar product. With a wide range of low-calorie, high-protein, vegan, and keto ice creams, there&#8217;s something in it for everyone. Our wide range of zero-sugar popsicles will take you down memory lane. All products are made with natural ingredients, and there are zero artificial flavours or preservatives.”</p>



<p class="wp-block-paragraph" id="ember43">“With this fundraise, we will look at expanding our presence in all major cities and on all e-commerce and q-commerce channels such as Swiggy, Zomato, Blinkit, Instamart, and Zepto. The funds will also be used for marketing and creating awareness about the brand,” added Kiran.</p>



<p class="wp-block-paragraph" id="ember45">According to reports, the Indian ice cream market is poised for significant growth, with projections indicating a twofold increase by 2026 and a quadruple surge by 2039, reaching a substantial value of INR 410,398 million (USD 5.1 billion) with a CAGR of 15%. New-age brands that are sharply positioned and have high-quality ingredients are increasingly being preferred by the evolving consumer.</p>



<p class="wp-block-paragraph" id="ember46">Considering that the better-for-you ice cream market is expected to be worth USD 500 million in 2030, there is a vast total addressable market for Go Zero to tap into. Given Go Zero’s significant market share in the first 12 months of its operations, Go Zero has the opportunity to be a leading brand in this category.</p>
<p>The post <a href="https://www.businessoffood.in/guilt-free-ice-cream-brand-go-zero-picks-up-usd-1-mn-in-pre-series-a-funding/">Guilt-free ice cream brand Go Zero picks up USD 1 Mn in Pre-Series A funding</a> appeared first on <a href="https://www.businessoffood.in">Business of Food</a>.</p>
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