Andhra-focused quick service restaurant brand Babai Tiffins has raised ₹15.5 crore in a growth funding round as it looks to scale its organised QSR presence and enter the packaged foods segment. The round was led by Warmup Ventures, which invested ₹6 crore, and CDM Capital with ₹4.25 crore. Other participants included nX Capital Partners, 888VC, Ankur Mittal (Co-founder, Inflection Point Ventures), Dr A. Velumani (Founder, Thyrocare), Ahana Gautam (Founder & CEO, Open Secret), and Shivam Mishra (Co-founder, String Ventures).
Babai Tiffins is operated by Ristara Foods Pvt. Ltd. and was founded by Allu Siva Rama Krishna Reddy and Ravi Morampudi. The founders set out to organise and scale authentic Andhra pure vegetarian cuisine, a segment they believe remains largely unstructured despite strong demand.
Building Andhra Cuisine at Scale
While South Indian food has a strong presence in India’s QSR landscape, Andhra cuisine with its distinct flavours has remained fragmented and inconsistent. Babai Tiffins aims to standardise and scale this category without altering its authenticity.
Before launching the brand, Ravi Morampudi worked with Infosys and Accenture and was part of building one of Bengaluru’s early cloud kitchen brands. He later gained experience in scaling multi-outlet food businesses. Co-founder Allu Siva Rama Krishna Reddy brings operational depth and execution expertise, forming a leadership team focused on disciplined growth.
Currently operating three outlets in Bengaluru, Babai Tiffins serves nearly 2 lakh orders every month and has reached an annual revenue run rate of close to ₹50 crore. The company says more than half its customers are non-Telugu speakers, showing that Andhra cuisine is expanding beyond its regional roots.
Expansion Plans and Packaged Foods Entry
The newly raised capital will help the company expand from three to ten outlets over the next two years. Funds will also be used to strengthen technology systems, hire key leadership talent, and support its entry into packaged foods.
Babai Tiffins plans to launch podis, pickles, sweets, and savouries inspired by traditional Andhra recipes. The move is aimed at improving brand recall and building an additional revenue stream beyond dine-in and takeaway outlets.
The company is targeting ₹150 crore in revenue in its next phase of growth as it scales both its QSR and packaged foods verticals.
Sharad Bansal, Co-founder of Warmup Ventures, said Andhra cuisine represents a large and under-penetrated opportunity within India’s ₹4 lakh crore-plus food services market. He added that Babai Tiffins combines strong unit economics with a clear path to scale.
Davesh Manocha, Founder and Managing Partner at CDM Capital, highlighted the brand’s operating discipline and capital-efficient model, stating that its standardised approach to authentic Andhra cuisine positions it well for multi-city expansion.
Ravi Morampudi said the goal is not to reinvent or premiumise Andhra food but to make it dependable for everyday consumption. According to him, if the brand can become part of a customer’s daily routine, Andhra cuisine can evolve into a national category.
With fresh capital in place, Babai Tiffins is betting that disciplined execution and strong cultural identity can turn a regional favourite into a scalable national QSR brand.
-By Shivani Solanki
