The Cumin Club
The Cumin Club, with a valuation of $20.11 million, is raising funds on StartEngine. The restaurant chain serves authentic Indian flavors straight from the source to the table. The Cumin Club offers the taste of home for the Indian population and introduces the bold flavors of Indian cuisine to everyone else. The business has served 1.8 million meals and generated $3.6 million in revenue in 2023. Ragoth Bala, Harish Visweswaran, Rick Desai, and Kiru Rajagopal founded The Cumin Club in May 2021. The current crowdfunding campaign has a minimum target of $14,990.20 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, company employment, and working capital.
Investment Overview
Raised: $203,332
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 11/22/2024
- Close Date
- 02/19/2025
$14,990
$1,234,993
$249
Equity - Common
RegCF
$12.44
$20,107,431
Company & Team
Company
- Year Founded
- 2021
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Location
- Chicago, Illinois
- Company Website
-
Visit Website
Team
- Employees
- 5
Financials
-
Revenue
- $3,592,797
- Monthly Burn
- $106,705
-
Runway
- 1.3 months
- Gross Margin
- 41%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/19/2025 | StartEngine | $20,107,431 | $203,332 | Equity - Common | Active | RegCF |