AAA Mast Kalandar tucks into latest round

Mast Kalandar tucks into latest round

Mast Kalandar, an India-based chain of vegetarian fast food restaurants, has raised an undisclosed amount in its series B round that included local construction company Salarpuria Group.

India-based venture capital firms Helion Venture Partners and Footprint Ventures made up the investment consortium. Footprint and Salarpuria provided Mast’s series A investment in 2008, according to local news provider VCCircle, which followed on from the company’s start in 2006 from seed capital from the construction company and access to property to site new restaurants. Apurva Salarpuria, director of Salarpuria, is on Mast’s board.

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