Banaraswala Raises $2M from Prax Impex for Expansion

Banaraswala, a food brand focused on traditional Banarasi cuisine, has raised $2 million in seed funding from Prax Impex Private Limited to expand its quick-service restaurant (QSR) network.

Founded by Vibhanshu Mishra, the brand currently operates three outlets in Delhi. The fresh funding will support its expansion into new markets, menu development and plans to grow its presence across India.

Banaraswala aims to reach 50 outlets by March 2027, with a focus on making Banarasi food accessible to more customers through its growing restaurant network.