Banaraswala
Provider of quick-service restaurant formats and traditional regional cuisine that raised a $2 million seed.
- Industry
- quick-service restaurants, traditional regional cuisine
About
Banaraswala provides quick-service restaurant formats and traditional regional cuisine. Entrackr and ETEntrepreneur say Vibhanshu Mishra founded the company and that it operates three outlets in Delhi. Franchise India says the new funding will support expansion, Banarasi molecular cuisine, and company-owned and franchise locations.
The company raised $2 million in a seed round. Entrackr timed its report at 15 Oct 2026, 13:40 IST (08:10 UTC). ETEntrepreneur is later the same day. The articles say the investment is from Prax Impex Private Limited. The Raise Track Update says Prax Impex made the investment and does not call the firm a lead. This page uses Prax Impex and does not mark a lead.
FinSMEs and the Raise Track Update call the company New Delhi-based. Entrackr, ETEntrepreneur and Franchise India describe outlets in Delhi and do not name a headquarters. No city is stored.
This page is not indexed by search engines yet. It is promoted once a second source states a headquarters city the other sources agree with.
Funding history
| Round | Date | Amount | Lead |
|---|---|---|---|
| Seed 2026 | 2026-10-15 | $2M |
Investors
- Prax Impex participant
Sources
Last verified:
- https://entrackr.com/snippets/banaraswala-raises-2-mn-from-prax-impex-to-expand-across-india-12678454
Type: reputable publication. Accessed 2026-10-19.
Entrackr by Shashank Pathak, 15 Oct 2026 13:40 IST (08:10 UTC). Reports a $2 million seed from Prax Impex Private Limited. Says the company operates three outlets across Delhi. Does not name a headquarters city. Names founder Vibhanshu Mishra. - https://entrepreneur.economictimes.indiatimes.com/news/funding/banaraswala-raises-2-mn-funding-from-prax-impex/134962039
Type: reputable publication. Accessed 2026-10-19.
ETEntrepreneur by Smruthi Nadig, published Oct 15, 2026 at 01:53 PM IST (08:23 UTC). Reports a $2 million seed from Prax Impex Private Limited and three outlets across Delhi. Does not name a headquarters city. - https://www.franchiseindia.com/insights/en/news/2-million-boost-from-prax-impex-sets-banaraswala-on-an-expansion-path.59956
Type: reputable publication. Accessed 2026-10-19.
Franchise India by Beny Sachdeva, Oct 16, 2026. Reports a $2 million seed from Prax Impex Private Limited. Says the funds will develop the Banarasi molecular cuisine offering and company-owned and franchise outlets. Says the company operates three outlets in Delhi. Does not name a headquarters city. - https://www.finsmes.com/2026/10/banaraswala-raises-2m-in-seed-funding.html
Type: reputable publication. Accessed 2026-10-19.
FinSMEs, October 19, 2026. Calls Banaraswala a New Delhi, India-based provider of quick-service restaurant formats and traditional regional cuisine and says it raised $2 million in seed funding from Prax Impex. The wording of the use of funds matches the Raise Track Update. - https://buttondown.com/raisetrack/archive/raise-track-update-2026-10-19/
Type: other verified public source. Accessed 2026-10-19.
Raise Track Update for 2026-10-19. Calls Banaraswala a New Delhi, India-based provider of quick-service restaurant formats and traditional regional cuisine and says it raised $2 million in seed funding. Says Prax Impex made the investment and does not call Prax Impex the lead.