Food-tech startups have revolutionized the way Indians eat. Rising internet separation, increasing ordering frequency, broadening reach in littler urban communities, and the expansion of more eateries on food tech platforms in India have added to the factors driving development in the Indian food tech industry.
Top 5 Delhi- NCR based food-tech startups that have raised funding amidst pandemic
Given below is a list of top 5 Delhi-NCR based food-tech startups that have raised funding amidst pandemic:
Zomato
Zomato, founded by Deepindar Goyal and Pankaj Chaddah in 2008 offers a search application that gives detailed information about restaurants It allows consumers all around the world to find, rate, and review restaurants, as well as make their very own network of foodies for trusted organizations. Zomato connects more than 55 million clients to restaurants in 24 countries over the world. The most recent round comes immediately after a week Zomato raised $62 million from Singapore-based Temasek. Prior, in January, it had raised $150 million as a part of a fresh fundraiser from its existing speculator Ant Financial. Further, in April, it secured around $5 million (or about Rs 38 crore) from Pacific Horizon Investment Trust PLC in its Series J round. With the most recent fundraise, Zomato, which has a few cloud kitchens on its foundation, is currently reported to be valued at $3.4 billion, close to its opponent Swiggy, which is directly valued at $3.6 billion.
Hoi Foods
Hoi Foods is a food brand for affordable hotels that exists to bring great quality and normalized food experience to affordable hotels in India. It works intimately with the kitchens present in hotels and ships them pre-prepared suppers every day. The suppers are prepared and served on the basis of the occupancy of the hotel. It has partnered with the OYO Flagship chain, Treebo Hotels, and Fab Hotels. Cloud Kitchen Hoi Foods, in May 2020, secured $2 million up in a Pre-Series A funding round led by 1Crowd. The cloud kitchen startup likewise observed participation from Sprout, Angelist, Samar Singla (Founder of Jugnu), Jaideep Mehta (CEO of VCCircle), Mukund Kulashekaran (SVP of Business at UrbanClap), and others. The food-tech startup was founded in 2017 in Gurgaon by Indrajeet Roy. Hoi Foods has 150 active cloud kitchens, serving around 5,000 meals in a day across Delhi-NCR and Bangalore.
Biryani by Kilo
Biryani is a complete meal, loaded up with aromas and flavors. Biryani By Kilo uses the best ingredients which include expensive branded rice, spices handpicked from Kerala, and rigidly selected meats and vegetables for its Biryanis and Kebabs. Biryani by Kilo was founded in 2015 in Noida by Kaushik Roy, Ritesh Sinha, and Vishal Jindal. As indicated by media reports, in April 2020, cloud kitchen startup Biryani By Kilo raised Rs 6 crore from a clutch of angel investors in its Series B funding round. It has around 40 outlets in 20 cities with about Rs 70-80 crore in ARR for FY21.
Daalchini
Daalchini Group brings the Indian food to workplaces, apartments, universities through our self-operated Kiosk called Daalchini Hut. Their Kiosks provide Healthy Indian Breakfast and Evening snack options as well as a variety of ready-to-eat Indian whole wheat bread (Chappatis, Paranthas), anytime, anywhere. Daalchini, Delhi based startup was founded by Prerna Kalra in 2017. The startup raised Rs 5 crore up in a Pre-Series A round led by Artha Venture Fund (AVF) in August. Angel Investors including Ajay Kaul, previous CEO of Jubilant Foodworks; Ashutosh Valani and Priyank Shah, Co-organizers of Beardo; Vaibhav Karnavat; Amit Lakhotia; and others also participated in the funding round. The startup guarantees that it is bridging the different issues of supply and demand giving a variety of cooked meals for under Rs 50, yet 40 minutes quicker than some other food delivery app.
Kitchens Centre
Kitchens Center offers turnkey answers for cloud kitchens – directly from providing commercial space and kitchen framework to help with branding, request the board, order management, and maintenance services. Delhi based startup was founded in 2019. In April, cloud kitchen startup Kitchens Center brought $500,000 up in its seed round of funding led by AngelList India. Speculators like Utsav Somani (Partner, AngelList India), Jake Zeller (Partner, AngelList), Jonathon Swanson (Co-author, Thumbtack), Ankush Gera (Founder, Junglee Games), and Revant Bhate (Co-organizer, Mosaic Wellness) additionally partook in the round.
