FundingCommerce & Consumer Brands
Puchkaman gets backing from three business leaders
By Abha Lohia · Editor ·
StrategicKolkataFounded 2018
- Puchkaman is a Kolkata brand that sells puchka, a popular street snack, in a hygienic and standardised format through outlets
- Three business figures have invested in the brand, including a former TCNS Clothing head and the Wow!
- Momo co-founder; it runs in three Indian states plus Canada and plans to enter five more states after this round
What happened
- Puchkaman received a strategic investment from three business leaders.
- The investors are Arnab Basu, Anant Daga and Binod Kumar Homagai.
- The amount was not disclosed.
- The brand operates in three Indian states and in Canada.
- It plans to enter five more states.
Why it matters
- Street food in India is mostly unorganised, so a hygienic branded chain has room to grow.
- Experienced restaurant and retail founders backing it adds operating know-how.
The business
- Puchkaman sells puchka in a clean, consistent, modern format.
- The company builds technology and standard operating systems to scale outlets.
The founders
Who put in money
- Arnab Basu Investor — Former president of the Bengal Chamber of Commerce and Industry
- Anant Daga Investor — Former managing director of TCNS Clothing
- Binod Kumar Homagai Investor — Co-founder of Wow! Momo, early backer and mentor
What happens next
- Entry into five more states.
The numbers around it
Commerce & Consumer Brands in October 2026: 32 rounds with a disclosed amount, $195 million in all; the biggest was Boldfit (₹400 Cr). Every sector this year →
Terms in this story
- Co-founder equity: Split equity by what each founder will contribute from now on, not by who had the idea, and attach vesting so that a founder who leaves early does not keep a large share for doing little. In India, founders usually do this through reverse vesting in the shareholders' agreement.
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