About 99 Pancakes
99 Pancakes is a company based in Mumbai (India) founded in 2017 by Vikesh Shah. 99 Pancakes has raised $4.6 million across 4 funding rounds from investors including Uptrend PG, Universalcinetrades and Anil Mohanlal Parmar. The company has 79 employees as of April 03, 2024. 99 Pancakes offers products and services including Pancakes, Waffles, Crepes, Shakes, and Macarons. 99 Pancakes operates in a competitive market with competitors including Bakingo, Creme Castle, Mimansa Industries, Hira Sweets and Ribbons and Balloons, among others.
- Headquarter Mumbai, India
- Employees 79 as on 03 Apr, 2024
- Founders Vikesh Shah
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Euphoriya Hospitality Private Limited
- Date of Incorporation 11 Jan, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.69 M (USD)214.93as on Mar 31, 2023
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Net Profit
-$499.97 K (USD)-440.16as on Mar 31, 2023
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EBITDA
-$522.05 K (USD)-734.8as on Mar 31, 2023
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Total Equity Funding
$4.6 M (USD)
in 4 rounds
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Latest Funding Round
$2.38 M (USD), Series A
Aug 27, 2024
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Investors
Uptrend PG
& 12 more
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Employee Count
79
as on Apr 03, 2024
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Products & Services of 99 Pancakes
99 Pancakes offers a comprehensive portfolio of products and services, including Pancakes, Waffles, Crepes, Shakes, and Macarons.
Fresh mini pancakes with various flavors for quick treats
Fluffy waffles topped with options like Nutella or fruits
Thin crepes filled with chocolate or berries for light meals
Blended shakes made with fresh ingredients for refreshment
Colorful macarons in flavors like chocolate and strawberry
Funding Insights of 99 Pancakes
99 Pancakes has successfully raised a total of $4.6M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2.38 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in 99 Pancakes
99 Pancakes has secured backing from 13 investors, including institutional and angel investors. Prominent investors backing the company include Uptrend PG, Universalcinetrades and Anil Mohanlal Parmar.
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Anil Mohanlal Parmar |
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Investor details for 99 Pancakes
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Investments & Acquisitions by 99 Pancakes
Investment portfolio details for 99 Pancakes
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Financial Statements - 99 Pancakes
Detailed financials for 99 Pancakes
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99 Pancakes Comparisons
Peer comparison for 99 Pancakes
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Competitors of 99 Pancakes
99 Pancakes operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bakingo, Creme Castle, Mimansa Industries, Hira Sweets and Ribbons and Balloons, among others.
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Diversified cakes and pastries are offered online through Bakingo.
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Creme Castle is recognized as a leading custom cake bakery in Delhi NCR.
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Chain of bakery cafe offering cakes and pastries
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Provides Indian sweets, restaurant services, bakery items, and gift hampers in Delhi.
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Operates a chain of bakery cafes offering a variety of cakes and pastries.
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Detailed competitors of 99 Pancakes
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Latest news on 99 Pancakes
Complete news archive for 99 Pancakes
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Frequently Asked Questions about 99 Pancakes
99 Pancakes was founded in 2017 and raised its 1st funding round 5 years after it was founded.
99 Pancakes is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Vikesh Shah is the current CEO of 99 Pancakes. They have also founded this company.
99 Pancakes is a funded company, having raised a total of $4.6M across 4 funding rounds to date.
As of Apr 03, 2024, the latest employee count at 99 Pancakes is 79.
Annual revenue of 99 Pancakes is $1.69M as on Mar 31, 2023.
99 Pancakes was established in 2017 in Mumbai, India, as a limited-service food chain focused on breakfast items. Various types of pancakes, along with milkshakes, desserts, and chocolates, are offered on the menu. Products are prepared using organic ingredients sourced from local suppliers. Operations center on quick-service dining in the Indian market.
99 Pancakes's top competitors include Bakingo, Mimansa Industries and Ribbons and Balloons.
99 Pancakes offers Pancakes, Waffles, Crepes, Shakes, and Macarons.
99 Pancakes has 13 investors. Key investors include Uptrend PG, Universalcinetrades, Anil Mohanlal Parmar, Manisha Anil Parmar, and Bhavna Jaisukh Mehta.
The valuation of 99 Pancakes is $7.66M as of Jul 2024.