HomeInsightFUNDING NEWS- Newly Funded Startups 2024 Ghost Kitchens India Secures $5 Mn Series A Funding

[Funding alert] Ghost Kitchens India Secures $5 Mn Series A Funding

Ghost Kitchens India, Helping Restaurants and Cloud Kitchens to earn incremental revenue. 150 partners in 40+ cities has secured $5 Million in Series A Funding (mix of equity and debt) led by GVFL Limited. Other investor such as NB Ventures, LetsVenture, and Lead Angels and Existing investors Yuj Ventures, Dholakia Ventures, and actor Rana Daggubati also participated in this round.

Ghost Kitchens India, Helping Restaurants and Cloud Kitchens to earn incremental revenue. 150 partners in 40+ cities has secured $5 Million in Series A Funding (mix of equity and debt) led by GVFL Limited. Other investor such as NB Ventures, LetsVenture, and Lead Angels and Existing investors Yuj Ventures, Dholakia Ventures, and actor Rana Daggubati also participated in this round.

Read also – [Funding alert] Starbuzz.ai Raises $500K Seed Funding From Undisclosed Investor

Ghost Kitchens India will utilize the funds to expand its operations and enter the retail market for both its new celebrity brands and its current hero brands. Concurrently, it will aid in the enhancement of the partner programme and expand the reach of cloud kitchens and QSR locations that are owned and controlled by the firm.

Karan Tanna, Founder and CEO of Ghost Kitchens, expressed his satisfaction, stating, “We are happy that investors have appreciated and backed our plans to build a profitable F&B company led by innovation in technology. We are excited for the coming years where we will focus on building iconic brands through customer loyalty and love for our food.”

Read also – [Funding alert] Agri-Produce Startup Indic Wisdom Raises INR 4 Cr Pre-Series A Round

Kamal Bansal, MD of Gujarat Venture Finance Limited, shared insights into the partnership, saying, “We have closely observed Ghost Kitchens’ journey for over three quarters before partnering with them. We are looking forward to the launch of celebrity brands as well. We are looking forward to what the future has for Ghost Kitchens in terms of growing a profitable sustainable business.”

Read also – [Funding alert] RentoMojo Raises Rs 210 Cr Funding led by Edelweiss Discovery

About Ghost Kitchens India

Founded in 2019 by Karan Tanna, Ghost Kitchens India is the most advanced restaurant brand curator, leading the industry with top-of-the-line Cloud Kitchen brands built to drive revenue. We help you maximize your kitchen profits by adding a plug-n-play food delivery concept within your existing setup.It maximize incremental sales and drive better margins with affordable, low risk expansion opportunities.

Team VS

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