Argus Partners has advised Plutus Wealth Management in the Series B funding of INR 59.34 crores ($8 million) raised by Foodlink, a luxury catering company.

Foodlink intends to use these funds to expand its flagship business of luxury catering across newer geographies in India and overseas to take its luxury banquet brand called JADE Luxury Banquets to more cities. The funding will also be used to scale their casual dining restaurant business through its brands, India Bistro, China Bistro & Art of Dum.

The Argus Partners Team was led by Gaurav Singhi, Partner and Tushnika Dayal, Senior Associate and Aryan Mohindroo, Associate.