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Ninecamp Ventures Secures Substantial Funding for Food and Beverage Expansion

Ninecamp Secures 2 Mn Seed Funding to Revolutionize Premium Dining
Preeti Bali / 8:21 am / July 18, 2024

Ninecamp Ventures, a dynamic food and beverage company, has successfully secured a substantial investment of two million dollars, equivalent to sixteen crore rupees, in its seed funding round. The investment round witnessed enthusiastic participation from a distinguished group of angel investors and non-institutional investors.

Impeccable Investor Backing

A stellar roster of investors contributed to Ninecamp Ventures’ funding round, including prominent figures such as Mohit Gupta and Gaurav Gupta, co-founders of Zomato; Varun and Ghazal Alagh, founders of MamaEarth; Vikram Chopra, Ruchit Agarwal, Mehul Agrawal, and Gajendra Jangid, founders of Cars24; renowned comedian and actor Vir Das; acclaimed musician Divine; Atul Singh, former chairman of Coca-Cola Asia Pacific; Dharmil Sheth, co-founder of PharmEasy; Utsav Somani, former executive at AngelList; Ritesh Kumar, managing director of DS Group; and Aaditya Mittal, founder of Punnya.

Strategic Investment for Growth

The newly acquired capital will be strategically utilized to expand Ninecamp Ventures’ brand portfolio, acquire prime locations, recruit top talent, and invest in cutting-edge research and development to create innovative products and concepts.

Building Iconic Food and Beverage Brands

Founded by industry veteran Chaitanya Mathur, Ninecamp Ventures is committed to developing brands that resonate with the evolving preferences of Indian consumers. The company aims to redefine the dining experience by introducing world-class offerings that surpass global standards in terms of product quality, service excellence, design aesthetics, and ingredient selection. Ninecamp Ventures envisions crafting brands that are both deeply rooted in Indian culture and globally relevant.

Proven Leadership and Successful Track Record

Prior to founding Ninecamp Ventures, Chaitanya Mathur played a pivotal role in establishing Zomato’s live business, conceptualizing and executing the successful Zomaland initiative.

In April of this year, Ninecamp Ventures unveiled its inaugural restaurant, Marièta, a captivating Latin American-inspired eatery and agave-forward bar, at the prestigious Two Horizon Center in Gurugram.

 

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