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PNN
Kolkata (West Bengal) [India], March 25: Avantage Foods Pvt. Ltd. announced today the successful raise of 5 crore in a funding round at a pre-money valuation of 110 crore, led by leading angel investors including Keventer Group and Ravi Didwania. The funds will be deployed to scale its flagship bakery brand, Dough As You Like, with a target to reach 100 stores by March 2027. Commenting on the fundraise, the company founders Pradeep & Sudeeip Sharma said: "This capital will help us accelerate expansion and strengthen our position in the premium affordable bakery segment." About Avantage Foods Pvt. Ltd Avantage Foods Pvt. Ltd. is a Kolkata based multi-brand F&B platform, which cimmenced operations in 2023. With over 55 functional outlets, it strives on building scalable, premium consumer brand across bakery, desserts & beverages. https://www.instagram.com/doughasyoulike?igsh=MTF4c2d2c3JxcDNsdQ== (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.)
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