Mumbai Pav Co raises pre-seed round led by Campus Fund

The investment will accelerate the brand’s expansion across India, double down on kitchen innovation

Mumbai Pav Co, a modern quick-service restaurant brand bringing Mumbai’s street food for the mass-premium segment, has raised pre-seed round led by Campus Fund, along with participation from Karan Bhagat & Yatin Shah of 360One, Mohit Gulati of ITI GO, Ankit Agarwal & Varun Limaye – Founders, Mesa School of Business, Siddharth Dungarwal – Founder Snitch, Anand Sinha – Ex-CEO of Zomato Gold & LeapClub, along with other notable angels as part of its Pre-Seed round.

The investment will accelerate the brand’s expansion across India, double down on kitchen innovation, and strengthen its mission of delivering hygienic, iconic Mumbai-style street food through an omni-channel model.

Co-founded by Tanay Agarwal and Jash Arora, Mumbai Pav Co. blends street authenticity with modern QSR standards. The duo met at Mesa School of Business, where their shared passion for Indian food, entrepreneurship, and operational excellence sparked the idea for the venture.

“Mumbai Pav Co. is not just serving food, it’s distilling nostalgia, hygiene, and convenience in a format fit for the next billion consumers,” said Richa Bajpai, Founder and CEO, Campus Fund. “We’re thrilled to back a founding team that’s as obsessed with taste as they are with customer-first experience and execution. They’re elevating street food into a culturally iconic QSR brand,” she added.

“Mumbai had its fast food way before Western brands came to India and commercialised their Western menu. Our vision is to take the streets of Mumbai to Global Markets and represent India ka Fast Food,” said Tanay Agarwal, Co-founder and CEO. “Campus Funds’ backing gives us not only capital but conviction to build this with scale, heart, and hustle,” he added.

With the funds, Mumbai Pav Co. plans to rapidly set up 15+ outlets across formats in Bengaluru this year (cloud kitchens, malls, tech parks and high street stores), focus on standardised operations, test new menu categories, and explore early partnerships in the quick commerce, franchising and B2B delivery space.