Babai Tiffins (Ristara Foods Pvt. Ltd.), a Bengaluru-based quick service restaurant (QSR) brand focused on authentic pure vegetarian Andhra cuisine, has raised ₹15.5 crore to scale a regional cuisine category built for everyday consumption.
The fundraise follows the brand’s appearance on Bharat Ke Super Founders, where Babai Tiffins secured a rare all-tycoon deal by receiving unanimous backing from every investor on the panel. ₹10.5 crore of the total capital was secured on the show, including ₹8 crore in equity and ₹2.5 crore in venture debt from Recur Club, making it one of the largest investments concluded on an Indian OTT business reality series to date. The episode aired on Amazon MX Player and was hosted by Suniel Shetty.
This brand pitch emerged as one of the most oversubscribed and highest-rated of the season to date, underscoring the brand’s strong potential and the tycoons’ and market’s confidence in the company, ultimately leading to one of the largest investments secured on the show.
The equity round was led by Warmup Ventures, co-founded by Sharad Bansal, with participation from CDM Capital and nX Capital Partners. Additional investments were made on the show by Dr. A. Velumani (Founder, Thyrocare), Ankur Mittal (Partner, Physis Capital), Ahana Gautam (Founder and CEO, Open Secret), and Shivam Mishra (Co-founder, String Ventures).
Founded by Allu Siva Rama Krishna Reddy and Ravi Morampudi, Babai Tiffins was built with a clear focus on serving pure vegetarian, everyday Andhra meals designed for repeat consumption. What began as a breakfast-focused outlet has evolved into a structured QSR brand offering meals, snacks, and traditional favourites, rooted in culinary authenticity and operational discipline.
Despite operating just three outlets in Bengaluru, the brand currently serves close to 2 lakh monthly orders and is operating at an annual revenue run rate of nearly ₹50 crore.
Commenting on the investment, Sharad Bansal said, “Babai Tiffins is building a scalable QSR brand rooted in a strong cultural food identity. Andhra cuisine represents a large and under-penetrated opportunity within India’s ₹4 lakh crore-plus food services market, with growing demand across metros and global Indian communities. Backed by a focused, experienced, and execution-driven team, Babai Tiffins combines strong unit economics with a clear path to scale.”
Ravi Morampudi said, “Andhra food is deeply loved, but it has rarely been built for organised scale. Our focus is not on reinventing it or making it premium, but on making it dependable for everyday eating. If we can earn a place in a customer’s daily routine, Andhra cuisine can grow into a national category, not just a regional favourite.”
The fresh capital will be used to expand the brand from three to ten outlets over the next two years, while also accelerating its entry into packaged foods, including podis, pickles, sweets, and savouries inspired by traditional Andhra recipes. The company is targeting ₹150 crore in revenue as it builds a dual growth engine across QSR and FMCG.
As Indian consumers increasingly seek authentic regional flavours for everyday dining, Babai Tiffins aims to lead the next phase of organised regional QSRs, demonstrating that pure vegetarian Andhra cuisine, when paired with strong systems and repeat-led consumption, can scale into a national food brand.