Pizza brand The Dough Therapy raises Rs 5.25 Cr in seed round

"Gourmet pizza brand The Dough Therapy has raised Rs 5.25 crore at a valuation of Rs 35 crore in a seed funding round led by Michigan Capital Advisors, formerly known as Melwani Finance, with participation from Equiglobe Investment. The fresh capital will be used to expand its presence in Mumbai and support its multi market growth strategy. Of the total funds, 60% will be allocated towards expansion, 15% towards marketing and the remaining 25% towards supply chain infrastructure, centralised operations…