InnerChef was founded in April 2015, by serial entrepreneurs Rajesh Sawhney, Sanjeev Singhal and Bal DiGhent.
Bengaluru, 08 Jan, 2019. RedNewswire/-
Food-tech startup InnerChef has raised $6.5 Mn in pre-Series B funding round led by Taizo Son’s Mistletoe, Das Capital, Saha Capital, M&S Partners and Brand Capital, the strategic investment arm of the Times Group.
The funds will be used to expand the company’s footprint into newer cities and leverage its healthy eats franchise. The company claims to have raised a total of $12.4M in funding over 5 rounds.
Rajesh Sawhney, co-founder and chief executive officer of InnerChef said, “The fresh funding will be used to strengthen the brand portfolio. Healthie, for instance, has become a category-defining brand in 2018. We are also using the fresh round of funding to further strengthen our shared kitchen platform across India.”
InnerChef is operational in Delhi-NCR, Bengaluru, Hyderabad and Mumbai and ships more than 100,000 meals per month. It plans to hire up to 1,000 employees more by end of 2019 while expanding its cloud kitchens.
InnerChef is planning to develop existing brands such as Healthie, Bombay Sandwich Company, Thalis of India, YumYumDilli and YumYumSouth, with major focus on developing Healthie.
Certain new brands are being developed to be exclusively listed on other food delivery platforms, the company said on Monday.