EatClub to raise Rs 185 crore from Tiger Global, others

Cloud kitchen operator EatClub, which runs brands like Box8 and Mojo Pizza, is set to raise around Rs 185 crore ($22 million) in funding round led by existing investors Tiger Global, A91 Partners and 360 One Asset Management.

According to a regulatory filing with the Registrar of Companies (RoC), EatClub’s board has approved issuing 11,830 preference shares to raise funds. Tiger Global will lead the round with an investment of ₹126 crore, followed by ₹37.5 crore from A91 Partners and ₹21.2 crore from 360 ONE Asset Management’s Monopolistic and Opportunity Fund.

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The company stated that the new funds will be used to support its growth and expansion plans.

About EatClub 

Founded in 2012 by Anshul Gupta and Amit Raj, EatClub runs a multi-brand cloud kitchen network with 16 brands, including Bhatti Chicken, NH1 Bowls, and ZAZA Biryani, along with its popular Box8 and Mojo Pizza.

For FY24, the company reported ₹515.5 crore in operating revenue and significantly cut its losses by 77%, bringing them down to ₹15.77 crore from ₹69 crore the previous year. Its FY25 report is yet to be filed.

This funding round also marks Tiger Global-led deal in 2025, following its $125 million investment in Infra.Market earlier this year.

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