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Mamagoto

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Mamagoto Restaurants in Delhi, Gurgaon, Mumbai, Bangalore & Chennai

IndiaFounded 2009Food
Valuation $50–100M Last recorded · 2015
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Mamagoto and the history behind them.

About Mamagoto

Mamagoto operates as a pan-Asian café chain and is one of the flagship brands of its parent company, Azure Hospitality. Founded by childhood friends Rahul Khanna and Kabir Suri, the first Mamagoto restaurant opened in January 2010 in New Delhi's Khan Market. The founders identified a market gap between high-end, five-star Asian dining and dated, local Chinese restaurants, aiming to create a fun, casual, and affordable dining experience centered on Asian street hawker cuisine.

The founders' backgrounds are deeply rooted in the hospitality industry. Rahul Khanna is a graduate of the prestigious Ecole Hôtelière De Lausanne in Switzerland and gained experience at luxury hotel brands like Mandarin Oriental and Jumeirah. Kabir Suri, after studying economics and business management, transitioned from finance to hospitality, working with the internationally recognized restaurant brands 'Zuma' and 'Roka', where his uncle is a prominent restaurateur. This blend of formal hospitality training and hands-on experience in globally acclaimed restaurants shaped their vision for a scalable and professionally managed restaurant brand.

The business model is centered on offering a consistent, high-quality, pan-Asian menu in a quirky, vibrant, and relaxed atmosphere inspired by manga art. The name 'Mamagoto' translates from Japanese to “to play with food,” reflecting the brand's philosophy of making Asian dining fun and experimental. The menu is extensive, featuring dishes from Chinese, Thai, Japanese, and Indonesian cuisines, including signature items like ramen bowls, dumplings, and inventive takes on classics. The company targets a young, cosmopolitan demographic and generates revenue through its numerous restaurant outlets, a home delivery-centric QSR brand called Speedy Chow, and a catering arm named Mamapaati. Azure Hospitality also employs a franchising model to balance cash flow and support expansion. The company has successfully raised significant capital to fuel its growth, with notable funding rounds from investors including Goldman Sachs and Max Ventures. This investment has enabled the expansion of Mamagoto and other Azure brands to over 50 locations across India.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2009
Headquarters
India
Employees
143
Open positions
None listed
Dealroom signal
45.0/100
Industry
Food
Sub-industry
In-store Retail & Restaurant Tech
Sector
Food, Navigation
Client focus
b2c

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Jul 2015 $10M $40M Goldman Sachs —
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Growth signals

Mamagoto website traffic

Latest recorded traffic for Mamagoto is 2.8K monthly website visits, down 30% over the last three months. Mamagoto's team grew 8.3% over the past year.

Latest monthly visits2.8K 3-month web change-30% 1-year team growth+8.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later1 investor entered at this stage

Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇮🇳 India88.9%
🇦🇪 United Arab Emirates11.1%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Mamagoto on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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