The Beer Café raises fresh funding from existing investor
The Beer Café, an alco-beverage cum quick service restaurant (QSR) chain, has raised a fresh round of funding from one of its existing investors, regulatory filings show. Rahul Singh, founder of The Beer Café, told VCCircle earlier that the firm scrapped a proposed private equity funding round and opted for debt funding as it seeks to restrict equity dilution. The firm, which is run by Delhi-based BTB Marketing Pvt. Ltd, operates 34 stores in 10 cities across India. Most of these units are located in the northern part of the country. The company serves 50 varieties of beer, mostly imported...
Government’s ambitious ‘Startup India’ campaign is essentially geared towards promoting the entrepreneur
Mayfield Fund I is a venture capital fund managed by Mayfield. It seeks to invest in companies operating in manufacturing, communications and wireless, consumer and media, enterprise software and semiconductor sectors. The size of the fund is $110 million. The firm seeks to invest between $5 million and $15 million in its portfolio companies with revenues ranging from $5 million and $50 million.
Sequoia Capital is a private equity and venture capital firm. It invests in seed, late and growth stage companies operating globally. The firm seeks to invest in energy, financials and financial services, healthcare and healthcare services, internet, mobile, outsourcing, and technology sectors. It invests between $0.1 million and $1 million in seed stage, $1 million and $10 million in early stage and $10 million and $100 million in growth stage companies. The company was founded in 1972 and is based in California, United States of America.
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