DWZ Ventures Mumbai (Maharashtra) [India], May 9: Landcraft Retail by serial entrepreneurs Lalit Jhawar and Mayank Gupta has raised an undisclosed funding round from prominent personalities like supermodel Ujjwala Raut, Vartika Singh, designer Paya Singhal, digital creator and mom blogger Simone Khambatta. Round has been announced. And among other high net worth individual angel investors including luxury fashion house, Purple Style Labs. Geared up to please foodies, Landcraft Retail launches its inaugural store in Bandra West, which is designed to be a destination for culinary lovers. Has been seen as heaven for. Spread over 25,00 sq. ft across four floors, Food Square aspires to be the ultimate destination for gourmet cuisine lovers. Featuring an in-house bakery, an exclusive truffle section, an extensive selection of over 350 cheese varieties and cafes, Food Square offers a range of experiences including a spice mill, a sala bar and an exclusive pet shop. With a focus on offline retail, Food Square strives to provide a world-class shopping experience.Commenting on its investment, Ujjwala Raut says, “Food Square embodies culinary excellence at par with global standards, offering a unique shopping experience reminiscent of the finest establishments in the UK or US, from its diverse offerings to its From the impeccable availability to the every face of this unique store exudes sophistication, it is a gem in itself, and its vision exudes tremendous flair.
Speaking about how the newly invested funds will be utilized in this direction, Lali Jhawar and Mayank Gupta, co-founders of Landcraft Retail, said, “Landcraft Retail is an extension of our agri business, Truganique by Landcraft Agro. Through Truganic, we have supplied fresh vegetables and fruits to over 200 supermarkets and grocery stores in West and South India, with our aim being to reach over 200,000 customers. Have to collect.Rs 300 crore over the next three years and add over 20,000 SKUs across stores, this is just the beginning, and we are committed to bringing the global food experience to India. These investments underline our dedication to grow and excel in the retail landscape. Commenting on Food Square's potential as a brand, Abhishek Aggarwal, Founder, Purple Style Labs, commented, “We have always envisioned the Indian market to be the next 2-3 decades. “We believe in the luxury growth story of consumers and have proven it by expanding Pernia’s pop-up shop.” Up 100x in last 6 years. Combining the unmatched potential of gastronomic offerings in luxury retail and the expertise of the founding team in bringing global food experiences to India, we are confident that Food Square will reach great heights. With our investment, we aspire to leverage our experience to support Food Square and play a key role in establishing the brand as the leading luxury gourmet shopping destination across India.Having successfully served over 30,000 customers in the first quarter since launch, Food Square is set to go from strength to strength, with plans to gradually expand its presence in Mumbai and beyond, as the brand builds its Committed to expanding our reach and enhancing our offerings. Square is India's largest gourmet grocery store. We are a brand new gourmet food retailer in the country. We are in our infancy with a plan to create the most exclusive gourmet retail chain in India. Run by Lalit Jhawar and Mayank Gupta, who are farmer-entrepreneurs-founders.He started his journey in the field of food by setting up India's largest aquaponics farm and other sustainable soil-based farms in Kolhapur/Ratnagiri/Sindhudurg/Belgaum districts of Maharashtra and Karnataka. Running a fresh produce supply business with supplies to over 100 supermarkets and gourmet shops and high-end HORECA in West and South India since 201 gave him the background and insight to vertically expand and enter the gourmet food retail sector. Recently, in November 2023, they have entered into the gourmet food retail business.and has launched Food Square in a prestigious 25,00 sqft retail space in Bandra on Linking Road, Mumbai
Speaking about how the newly invested funds will be utilized in this direction, Lali Jhawar and Mayank Gupta, co-founders of Landcraft Retail, said, “Landcraft Retail is an extension of our agri business, Truganique by Landcraft Agro. Through Truganic, we have supplied fresh vegetables and fruits to over 200 supermarkets and grocery stores in West and South India, with our aim being to reach over 200,000 customers. Have to collect.Rs 300 crore over the next three years and add over 20,000 SKUs across stores, this is just the beginning, and we are committed to bringing the global food experience to India. These investments underline our dedication to grow and excel in the retail landscape. Commenting on Food Square's potential as a brand, Abhishek Aggarwal, Founder, Purple Style Labs, commented, “We have always envisioned the Indian market to be the next 2-3 decades. “We believe in the luxury growth story of consumers and have proven it by expanding Pernia’s pop-up shop.” Up 100x in last 6 years. Combining the unmatched potential of gastronomic offerings in luxury retail and the expertise of the founding team in bringing global food experiences to India, we are confident that Food Square will reach great heights. With our investment, we aspire to leverage our experience to support Food Square and play a key role in establishing the brand as the leading luxury gourmet shopping destination across India.Having successfully served over 30,000 customers in the first quarter since launch, Food Square is set to go from strength to strength, with plans to gradually expand its presence in Mumbai and beyond, as the brand builds its Committed to expanding our reach and enhancing our offerings. Square is India's largest gourmet grocery store. We are a brand new gourmet food retailer in the country. We are in our infancy with a plan to create the most exclusive gourmet retail chain in India. Run by Lalit Jhawar and Mayank Gupta, who are farmer-entrepreneurs-founders.He started his journey in the field of food by setting up India's largest aquaponics farm and other sustainable soil-based farms in Kolhapur/Ratnagiri/Sindhudurg/Belgaum districts of Maharashtra and Karnataka. Running a fresh produce supply business with supplies to over 100 supermarkets and gourmet shops and high-end HORECA in West and South India since 201 gave him the background and insight to vertically expand and enter the gourmet food retail sector. Recently, in November 2023, they have entered into the gourmet food retail business.and has launched Food Square in a prestigious 25,00 sqft retail space in Bandra on Linking Road, Mumbai
