Techiexpert.com
No Result
View All Result
  • Tech
  • Startup
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain
No Result
View All Result
  • Tech
  • Startup
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain
No Result
View All Result
Techiexpert.com
No Result
View All Result

Kitchens Centre, a Shared Kitchen Proptech Startup Raises Pre Series A

Srikanth by Srikanth
November 19, 2020
in Startup news
0
Kitchens Centre, a Shared Kitchen Proptech Startup Raises Pre Series A
11
SHARES
138
VIEWS
Share on FacebookShare on Twitter

Delhi-based Shared Kitchen startup Kitchens Centre has raised an undisclosed Pre Series A from US-based Village Global. The Company raised a seed round of $500,000 in April this year from AngelList India.

Village Global is an early-stage venture capital firm backed by the world’s most successful entrepreneurs, including Facebook’s Mark Zuckerberg, Microsoft’s Bill Gates, Amazon’s Jeff Bezos, Google’s Eric Schmidt, Disney’s Bob Iger and more.

Founded in 2019 by Lakshay Jain, Kitchens Centre is a Shared kitchen startup that provides infrastructure & technology solutions and more, for Online Food & FMCG brands. With the approach of building ready to move-in-kitchens, Kitchens Centre offers key benefits for brand partners with the fully fitted kitchen making it easier for brands to launch operations and/ or penetrate the market faster.

Lakshay Jain, Founder, Kitchens Centre says, “Kitchens Centres is providing a dedicated and sustainable solution for businesses to grow and produce a high order volume and sales. With the obvious benefit being the reduction of cost, we also aim to create an incubated ecosystem with integrated tech solutions, supply chain, logistics support and platform aggregation. Moreover with the pandemic still very much prevalent, the food delivery business is prospering and gaining momentum in the food services industry.”

Kitchens Centre started operations with two locations in Delhi and over the course of 1 year have scaled up to 35+ locations across 15 cities pan India. The company has a network of 200+ kitchen units presently and works with over 50 F&B brands like Choko La, Mamagoto, Biryani Blues, Sleepy Owl, Cross Border Kitchen, Masala story – Punjabi by nature, Fat Lulu’s, Nirula’s, Maalgaadi by Dhaba Estd 1986 and more. Furthermore, the company is planning to expand further by adding more than 90+ new locations and 550 units over the next one year. Currently, the startup is managing 100,000 sq.ft space with 50+ team members. This number is bound to grow rapidly as they are actively recruiting team members across the board.

Furthermore Eric Torenberg, Co-Founder, Village Global, adds “Kitchens Centre data-driven approach to property acquisition and sales management ensures maximisation of occupancy and unit economics. They consider various idiosyncratic factors such as cuisine share/gap, composition of user cohorts & associated AOV etc to target a specific location within a city. India is one of the largest and fastest growing F&B consumption markets and Kitchens Centre is rightly placed to address a market gap. It is enabling restaurants, food entrepreneurs as well as FMCG brands to take advantage of the boom in delivery/ logistics and achieve higher ROI – minimal capital outlay and faster go-to-market. We see significant investment opportunities in this ecosystem.”

As food delivery is expected to outpace dining/ at-restaurant sales in the next 9-12 months, Kitchens Centre is aspiring to partner with many more restaurants & food-tech startups to accelerate their growth story.

This concept is finding a lot of traction in the global markets as well – more recently, Virtual Kitchen Co. (USA), Karma Kitchen (UK) and Zuul (USA) have raised significant growth capital.

Tags: Delhi startupsFunding News

Related Posts

Tamil Nadu CM MK Stalin Unveils Ambitious Startup and Innovation Policy 2023
Startup news

Tamil Nadu CM MK Stalin Unveils Ambitious Startup and Innovation Policy 2023

Bengaluru Fintech Startup Converj Targets B2B Payments with Virtual Credit Cards
Startup news

Bengaluru Fintech Startup Converj Targets B2B Payments with Virtual Credit Cards

EaseMyAI raises Rs. 3 Crore in Seed Round led by IPV
Startup news

EaseMyAI raises Rs. 3 Crore in Seed Round led by IPV

Former AngelList India CEO Utsav Somani Launches Exclusive Startup Founder Club 'Offline'
Startup news

Former AngelList India CEO Utsav Somani Launches Exclusive Startup Founder Club ‘Offline’

EvolveX Invests in Pre-Seed Round of Deltafour
Startup news

EvolveX Invests in Pre-Seed Round of Deltafour

Popular this week

  • Renesas Expands IoT Footprint with Sequans Acquisition

    Renesas Expands IoT Footprint with Sequans Acquisition

    2224 shares
    Share 889 Tweet 556
  • Y2Mate.com 2023: How to Download Videos and Audios

    256 shares
    Share 102 Tweet 64
  • Top 10 Omegle Alternatives you might like

    338 shares
    Share 135 Tweet 85
  • What is windows modules installer ? How to Enable/Disable

    128 shares
    Share 51 Tweet 32
  • Top 10 YouTube to MP3 Converter Platforms for Free

    100 shares
    Share 40 Tweet 25
  • Does God Play Dice? – A Quantum Perspective

    48 shares
    Share 19 Tweet 12

Latest Stories on Techiexpert

Amazon Unveils Next-Gen Echo Devices with Enhanced AI-Powered Alexa

Amazon Unveils Next-Gen Echo Devices with Enhanced AI-Powered Alexa
Share6Tweet4Share1Pin1

Veera India’s Mobile Only Internet Browser by Marquee Investors and Entrepreneurs

Veera India’s Mobile Only Internet Browser by Marquee Investors and Entrepreneurs
Share8Tweet5Share1Pin2

How To Cancel All Alarms At Once On Both Android & iPhone

How To Cancel All Alarms At Once On Both Android & iPhone
Share6Tweet4Share1Pin1

Film Industry Adopts Blockchain for Transparency and Security

Film Industry Adopts Blockchain for Transparency and Security
Share8Tweet5Share1Pin2

AI Pioneer Avalo Tackles Climate Change with Smart Crop Breeding

AI Pioneer Avalo Tackles Climate Change with Smart Crop Breeding
Share7Tweet4Share1Pin2
  • Privacy Policy
  • About Us
  • Contact us
  • Cookie Policy
  • Write For Us

© 2016-2022 All Rights Reserved

No Result
View All Result
  • Tech
  • Startup
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain

© 2016-2022 All Rights Reserved

Cookie Law Notice
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
SAVE & ACCEPT
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.