Dil Foods secures $7.5 Mn funding led by Bikaji Foods
With this latest round, the startup’s total funding has crossed Rs 113 crore so far.
Dil Foods has secured $7.5 million (approximately Rs 72 crore) in a funding round led by the family office of Bikaji Foods family office, alongside participation from Alteria Capital and existing backers V3 Ventures and MJV Ventures.
The fresh capital will be deployed to expand the company’s footprint across new cities, particularly tier-II and tier-III markets, strengthen its supply chain capabilities, and broaden its cuisine portfolio.
Founded in 2022 by Arpita Aditi, Dil Foods operates a restaurant enablement platform that partners with local food businesses to run delivery-first brands through online food aggregators. The Bengaluru-based startup currently manages 10 regional food brands across six cities and covers over 340 pincodes.
Its platform enables partner restaurants to launch and scale food brands using standardised operations, technology-driven insights, and evolving menu strategies tailored to changing consumer demand.
Dil Foods claims to work with more than 300 restaurant partners across its operational markets. The company now plans to scale to 600 locations by FY28 while targeting an annualised revenue run rate of Rs 500 crore.
Commenting on the investment, V3 Ventures founder Arjun Vaidya said the firm first backed Dil Foods when it operated around 30 locations, adding that the startup has since scaled nearly 30X while maintaining capital efficiency and building a differentiated model within the cloud kitchen and QSR ecosystem.
The funding comes amid renewed momentum in India’s food delivery and cloud kitchen segment, where players such as Rebel Foods and EatClub continue to compete for market share across delivery-first dining formats.