Serial entrepreneurs like Vishal Gondal, Phanindra & others back food-tech startup InnerChef

By Entrepreneur India

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Entrepreneur India

Gurgaon-based food technology startup InnerChef that delivers ready-to-eat and ready-to-cook meals at your doorstep has raised Pre-series A round of Rs 11 crore ($1.66 million) from the leading investors across the globe.

A number of leading Indian and International Technology Founders have participated in this round of funding: Phanindra Sama (Founder - RedBus); Vijay Shekhar Sharma (Founder - Paytm); Anupam Mittal (Founder - Shaadi.com); Vishal Gondal (Founder - GOQii), Sateesh Andara's (ex DFJ) new fund, Murugavel (Founder - Bharat Matrimoney); Dinesh Agarwal (Founder - Indiamart and Tolexo); Neeraj Roy (Founder Hungama); Roshan Abbas (Founder – Encompass, A WPP company), Teru Sato (Founder – NetPrice & Beenos, Japan), Atsushi Tiara (Senior Softbank executive and ex-CEO of Bharati SoftBank), Hiro San (M&S Fund, Japan), Boris Raybov (Investor from Silicon Valley, US) and TA Venture from Europe.

Growing at 100 per cent month-on-month since its launch in April 2015, InnerChef will use the funds to expand its footprint and launch 10 new kitchens across Delhi, Bangalore and Mumbai. Additionally, InnerChef will also focus on building Indulge – a hyperlocal desserts marketplace that brings the finest desserts from home bakers and neighborhood bakeries, across six cities within the next three months. The Indulge platform will aggregate 100,000 home bakers across 100 Indian cities within a year.

Rajesh Sawhney, Co-founder, InnerChef, expressed, "We are extremely pleased to have received support from the leading Indian and International Technology founders. We believe this demonstrates their confidence in our Kitchen-in-the cloud business model, strength of our team, and awesome growth trajectory since the launch in April 2015. We are a Big-Data-Food-tech company that believes in continuous innovation across all aspects of business and technology to delight our customers."

Related Topics

Leadership

A Guide to Effective Crisis Leadership — Key Steps to Lead Your Team Through Turbulent Times

The essential strategies and skills required to be a successful crisis leader and guide your organization through difficult times.

Growing a Business

Want to Sound Smarter? This Stanford Professor's Simple 3-Point Technique Will Help

With a little structure, you can impress audiences with your ad-libbing all day.

Devices

Get This 4-in-1 USB-C Charger for Apple Devices for $19.99

Get this useful, lightweight charger for a great price (regularly $29).

Personal Finance

5 Entrepreneurial Mindset Principles That Empower Financial Literacy

Adopting the right mindset is key to financial literacy. Follow these five guiding principles to enhance your understanding of wealth creation and growth.

Technology

Survival Kit for Solopreneurs: 5 AI Tools to Maximize Productivity

The entrepreneurial journey is not a straightforward one. Rather it requires the founder to don multiple hats for marketing, sales, ideation, content curation, and raising funds. Solopreneurs of today are being molded to lead the businesses of tomorrow. And they do require some helping hands in the form of artificial intelligence.

News and Trends

Zeron Secures $500,000 In Seed Funding

The infusion of capital will be used towards fueling Zeron's ongoing research and development initiatives, advancing the frontiers of AI-powered cybersecurity, and expanding its global presence