Cloud kitchen startup big spoon received first tranche of $2mn of its Pre Series A funding
Cloud kitchen startup BigSpoon Foods Private Limited has received the first tranche of its $2 mn Pre-Series A funding round for product and brand development. A clutch of venture capital firms and family offices like Urmin Family Office, Lemonade Ventures, TrueValue Group MD Yash Shah, investors from Vcats Network and others participated in this round.
BigSpoon Foods is a multi-brand cloud kitchen startup that has an omnichannel approach to ordering and delivery.The startups solely focus on Tier-II cities and have marked its presence in three cities — Ahmedabad, Baroda, and Surat.
The company will also be investing in building technology and robotics-based solutions to make their process simpler and hire leadership across several sectors that will help them scale. Besides this, the company is also looking to start two additional brands to cater to a wider audience and deliver 50K orders a month by the end of 2020