FoodSquare targets 12 new Tier I stores in three years as private labels scale
Premium grocer FoodSquare, backed by nearly Rs 50 crore in fresh capital, plans to add 12 stores across Tier I cities while expanding private-label ranges. It expects Rs 140-150 crore in current-fiscal revenue, up from more than Rs 80 crore last year.
Premium grocer FoodSquare, backed by nearly Rs 50 crore, plans 12 Tier I-city stores in three years. The retailer is scaling private labels and experiential formats, targeting Rs 140-150 crore current-fiscal revenue and company-level EBITDA breakeven.
Why this matters
No related recent FoodSquare signals were provided. The planned Tier I rollout pairs physical expansion with a larger private-label range and follows fresh capital funding.
Store-opening is steady, with 1,619 signals recorded in the past 90 days.