A Steady Revenue Hyperlocal Startup in Food & Beverages (Online Food Delivery) from India is looking to raise funds

Posted By - Startup

BUSINESS BRIEF

We are a Cloud Kitchen start-up currently operating 6 online restaurants with 2 brands, delivering 6000+ monthly orders across Gurgaon and Delhi.

We deliver popular Indian street foods Parathas and Pakodas that are made hygienically and delivered in custom designed packaging along with a hygiene kit containing wet tissue, dry tissue, cutlery and sanitizer to ensure safety and comfort. Biggest USP is our reinvention of Pakodas recipe, that makes them less oily, not soggy and keeps them crispy even after 45 mins of delivery. This makes pakodas delivery friendly which is a new category in itself. We are building a new segment with these popular street foods and uplifting them to build a mid-segment premium brand. We strongly believe that  Parathas & Pakodas have a huge appeal across India.  Brand was also awarded by Times group as Trendsetting Parathas & Pakodas in street foods category in November 2020.

Start-up launched its second brand last month. It is a “meals only” brand focused around pocket friendly single meals. With its range of comfort food meals made with homely recipes and taste, it is slowly strengthening its position in this segment. We plan to launch 3 more brands over the next 6 months. New brands will be focused around Biryani, Tikkas, Rolls and Kulchas. 

Start-up plans to scale to 1500 online restaurants operating out of 250 cloud kitchens and crossing Rs 400 Crore in revenue within 5 years. Start-up also plans to take its brands to international markets with large Indian diaspora. Their long-term vision is also to enter retail segment with frozen versions of Parathas & Pakodas distributed across the globe.

Founded Year:2019

Proposal

Funding Requirement

INR 10 Mn

Funding Status

I do not have any investment commitment

Industry IconHorizontal Industry

Hyperlocal

Industry IconIndustry & Sub-Industry

Industry IconTechnology/Product/Service Offering

Online Food Delivery of Parathas, Pakodas and popular Indian comfort foods

StartUp Stage

Steady Revenue

Business Segment Type

B2C

End use of fund (in %)

Monthly Revenue Run Rate of past 3 months

Technology Information

Product/Service Offering

Online Food Delivery of Parathas, Pakodas and popular Indian comfort foods

Is your Technology Patented No

Financial Information

2018 (in INR) 2019 (in INR) 2020 (in INR) 2021 (in INR)
Sales 0 Mn 0 Mn 7.5 Mn 13.5 Mn
EBDITA N.D N.D N.D N.D
PAT N.D N.D N.D N.D
TOTAL DEBT N.D N.D N.D N.D

Business Document

Business Document

CONTACT BUSINESS

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