Wednesday, April 24

Tag: Charcoal Eats

QSR Startup Charcoal Eats to Foray into the International Markets
2Nov By Gauri SinghNo Comments
News

QSR Startup Charcoal Eats to Foray into the International Markets

Quick service restaurants startup Charcoal Eats which currently operates only in India is foraying into international markets starting with the Middle East and Europe. The company at present offers its services in about 30 locations across 11 cities in India. The company is expecting to enter the Middle East through Bahrain with about 8-10 outlets and then expand to other countries in the area. Along with the Middle East, the company would also reach the areas of the United Kingdom with 4-5 outlets by March next year. “Going forward, we will maintain a dual focus for India expansion - opening more outlets in metros (Mumbai, Delhi NCR, Pune, Bengaluru, Chennai and Kolkata); and expanding into tier II cities, which we see as the future growth engines for the food space. Charcoal Eats int...
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Quick-Service Restaurant Raises Rs 5 crore Funding
10May By Sheldan RungasamyNo Comments
FUNDING

Quick-Service Restaurant Raises Rs 5 crore Funding

Charcoal Eats, a tech-driven quick service restaurant (QSR) raised a Pre-Series A funding round of Rs 5 Crore from several investors. The funds raised will serve to increase Charcoal Eats’ footprint across new demographics while consolidating its presence in current markets its operating as well. Furthermore, it will serve to invest in customer acquisition and brand building as well. Charcoal Eats aims at operating over 60 offline stores spread across 10 different cities which will be a significant upgrade from the 22 outlets it operates across six cities currently, namely Mumbai, Pune, Thane, Navi Mumbai, Nashik and Delhi-NCR. "Our strong product focus enabled by in-house technology is at the heart of our business. In the last 2 years, we have served over half a million customers...
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