Friday, March 29

Innerchef Raises $6.5 Million in a Pre-Series B Funding

India based shared Cloud-kitchen Platform, InnerChef, today announced that it has successfully completed its Pre-Series B funding round, raising $6.5 million (INR 43 crore) to further solidify its position in the fast-growing food tech space.

Multiple investors including Mistletoe, Das Capital, Saha Capital, M&S Partners and Brand Capital participated in this financing round.

InnerChef has raised a total of over $10M in funding so far. Its lead investor is Mistletoe, a Japanese investment firm by serial entrepreneur Taizo Son.

Rajesh Sawhney, Founder and CEO, InnerChef, says, “InnerChef’s multi-brand strategy has delivered outstanding results in 2018. 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 has emerged as a leader in the shared cloud kitchens space. Under its multi-brand strategy, InnerChef has built a portfolio of fast-growing brands like Healthie, Bombay Sandwich Company, Thalis of India, YumYumDilli and YumYumSouth.

InnerChef’s healthy food brand, Healthie, is a pioneer in the healthy food delivery space and the market leader in its category.

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