Food tech startup Bite Club secures funding

Funding story

2015 may not have been the best of years for food tech startups, but many new investments are happening nonetheless. One of the latest exciting bits of news dealing with this sector is the funding raised by Bite Club recently. The Gurgaon-based startup succeeded in raising an undisclosed amount of funding in a round led by growX Ventures. The round also saw participation from Phoenix Fund and Powai Lake Ventures. The startup is likely to use the funding for further expansion, especially in the NCR region. A much wider range of services will soon be available via its apps and excellent online platform.

About Bite Club

Bite Club was set up in Nov 2014 by Prateek Agarwal, Aushim Krishan and Siddharth Sharma. The startup primarily aims to be a marketplace producing chef prepared meals. No longer will customers have to go through the profiles of numerous restaurants to book their services-Bite Club allows for the delivery of a wide range of excellent meals. Ordering meals is made easy, and is possible via the Bite Club app, which is available for both Android and iOS users. Furthermore, the Bite Club menu changes daily, and is prepared by an excellent team of home chefs, amateur chefs and professional chefs. Most meals are available for Rs. 100-300 per person.

The past and the future

This excellent combination of affordability and convenience has already enabled Bite Club to reap rich dividends. An earlier round of angel funding was raised by Bite Club from Powai Lake Ventures. That round also saw the participation of noted investors, such as Ashish Kashyap from Goibibo.
Bite Club’s focus on customer satisfaction and versatility are certain to keep it relevant at a time when many other food tech startups are finding it hard to secure adequate funding.

The app can be downloaded here for Android Users. iOS users should use this link.

admin

Recent Posts

Borrowers to get 1500 crore help from Shishu Mudra loan, know what is the scheme, who can avail benefits

Shishu Mudra Loan Scheme: Union Finance Minister Nirmala Sitharaman gave detailed information about the 20 lakh…

4 years ago

Rs 20 Lakh Crore Package: 25% reduction in TDS rate; Major announcements regarding income tax, PF, relief for these sectors announced

Finance Minister Nirmala Sitharaman made a big announcement on TDC and TCS on Wednesday. she…

4 years ago

People Pouring Money into FD in Lockdown, Paytm Payments Bank crossed Rs 600 crore mark

Paytm Payments Bank Limited said on Friday that it recorded a tremendous increase in fixed…

4 years ago

Right Time for Equity Funds Investments through SIP, Get Highest Returns in Future

Due to the ongoing decline in equity markets, most investors are losing out on SIPs…

4 years ago

Grofers is in Talks to Raise $60-70 Million Amid the Coronavirus Pandemic Outbreak

Hyperlocal delivery startup Grofers in talks to raise fresh funds of $6-$70 Million according to…

4 years ago

3D Printers to Restore Coral Reefs : New Innovation

3D printers help us with a huge number of daily tasks, but until now we…

4 years ago