Wednesday, April 24

Tag: Biryani by kilo

Funding Of The Week (2nd July – 7th July)
7Jul By Gauri SinghNo Comments
FUNDING

Funding Of The Week (2nd July – 7th July)

This week witnessed a number of funding activities and a few startups secured a considerable amount from various investors. Among all the fundraisers this week, Automation Anywhere raised the highest amount of funds amounting to $250 million. Funding is a major part of growth and expansion for a company. It is the backbone of the business plans and strategies. Without funding, a company cannot even think of taking up any major business steps. Many other companies also were a part of funding this week and here we have a list of them:         1) Automation Anywhere: (Funding link: https://goo.gl/a7YkwQ) The cognitive robotic process automation platform called Automation Anywhere has secured an amount of $250 million in a funding round led by New En...
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FoodTech Company ‘Biryani By Kilo’ Raises $1 Million
3Jul By Gauri SinghNo Comments
FUNDING

FoodTech Company ‘Biryani By Kilo’ Raises $1 Million

A Gurugram-based foodtech company called ‘Biryani By Kilo’ has reportedly secured funds amounting to $1 million in a pre-series A funding round. The investment was carried forward by a clutch of investors led by Ajay Relan (Founder Chairman at CX Partners) and Vinay Mittal (Chief Financial Strategist at HT Media). The purpose of the startup is basically to use the funds raised in boosting up the operations and developing over 20 more stores all over the country. Apart from this, the company also aims to achieve a sales run rate of more than Rs 40 crore by March 2019. The current revenue of the company is nearly Rs 24 crore along with a 70-80 precent growth rate. The company also stated, “BBK would be raising Series-A round early 2019 to take BBK pan India, and become Rs 100 crore+ in t...
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