Banaraswala Bags $2 Million Seed Funding From Prax Impex

15 Oct 2026, 1:40 pm · 3h ago · 1 min read · Entrackr

Amount

$2M

Stage

Seed

Lead

Prax Impex

Banarasi ethnic food brand Banaraswala has raised $2 million in seed funding from Prax Impex Private Limited. Founded by Vibhanshu Mishra, the quick-service restaurant startup serves traditional Banarasi sweets, chaats, and meals under its tagline "Ghat Se Ghar Tak." Banaraswala currently operates three outlets across Delhi NCR alongside delivery aggregators. The startup plans to deploy the capital to expand into tier-2 regions like Farrukhabad, Fatehpur, Banswara, and Sarangpur. Banaraswala aims to scale its network to 50 company-owned and franchised outlets across Rajasthan, Uttar Pradesh, and Delhi NCR by March 2027.