ChefKart Raises $2 Million Seed Fund The fund raised will be utilized to further ChefKart's vision to become the lead provider of subscription-based at-home cooking services in Gurugram and expansion to other geographical territories

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

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

Company handout

ChefKart, a Gurugram-based at-home cooking services platform, has raised $2 million in Seed funding round led by Pravega Ventures and Blume Ventures. The round also witnessed participation from Deepinder Goyal, Titan Capital, Kunal Shah, Tremis Capital, Lets Venture and other prominent angels. The fund raised will be utilized to further ChefKart's vision to become the lead provider of subscription-based at-home cooking services in Gurugram and expansion to other geographical territories.

"We have served over more than 3200 families and are managing over 2300cooking sessions daily with a 15 per cent MOM growth 3 co-founders being Guptas, cost-saving is our DNA. Urban Company shutting down their chef services again makes us the market leader and proves our mantle of running and building a large-scale enterprise," said Vaibhav Gupta, CEO and founder, ChefKart.

ChefKart is transforming the hospitality industry by upskilling the unorganized home cooking spacer. The company has also built hyperlocal marketing and established supply control in Gurugram, with strategic plans for the upcoming expansion to other regions. It has launched new lines of business, Chef for parties, and the team is also working on expanding through adjacencies available in the business, as per company statement.

"ChefKart is driven by the idea to digitize an essential service that is largely unorganized. They are the pioneers in streamlining an industry with tremendous untapped market potential in capturing customer food wallets. By also empowering the local community, they are on their way to developing a complete ground-to-customer supply-demand chain. It may be a challenging process, but the positive cash cycle model of ChefKart has significantly changed the wat at-home cooking functions in India," said Mukul Singhal, co-founder and partner, Pravega Ventures.

Founded in 2020 by Vaibhav Gupta, Aman Gupta and Arpit Gupta, to solve the problem of the lack of reliable at-home cooking services. The company forecasts aggregation on top of the grocery delivery space, with a goal to capture the time spent by consumers planning their daily meals and their arrangements.

According to market studies, the food service market size is estimated to reach $95.75 billion by 2025 with a CAGR of 10.3 per cent.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Related Topics


International Security Firm Welcomes Female India Native to an Essential Leadership Position

Yasmin Brar has been appointed as the Operations Strategy Director, a role that underscores the company's commitment to innovation, expansion, and strategic management

Business News

Lululemon Founder Bashes Company's 'Diversity and Inclusion', Calls Models 'Not Inspirational': 'You're Not Everything to Everybody'

Chip Wilson left the company in 2015 after controversial comments forced him to step down as CEO in 2013.

Business Ideas

55 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Here Are 3 Strategies Startup Founders Can Use to Approach High-Impact Disputes

The $7 billion "buy now, pay later" startup Klarna recently faced a public board spat. Here are three strategies to approach conflict within a business.