[Funding alert] Cloud Kitchen Platform Kitchens@ Secures $65 Mn in Series C Funding

The UK-based venture capitalist Finnest invested $65 million (INR 541 crore) to cloud kitchen firm Kitchens@'s Series C fundraising round.

The newly acquired money will be utilised by the company to expand its hybrid concept Dinerium.

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Junaiz Kizhakkayil (JK), the Founder & CEO of Kitchens@, reflected on the company's journey, saying, "Our path over the past few years has been nothing short of remarkable. We've encountered numerous challenges but have steadfastly upheld our vision and goals. It is immensely gratifying to have earned the trust of prominent investors like Finnest. I extend my heartfelt gratitude to Dr. Biswanath Patnaik , Mr. Arun kar and Mr. Arun Suraj for believing in our growth strategy."

According to JK, Dinerium is a revolutionary eating experience that offers a wide range of premium brands directly at customers' tables and effortlessly blends offline and online components. He highlighted the shift from traditional conventions, emphasising how significant relationships and business encounters would now be cultivated over fine dining, as reported by prnewswire.com.

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Dr. Biswanath Patnaik of Finnest said, " Kitchens@ has played a pivotal role in shaping the landscape of the cloud kitchen segment in India, emerging as a key player in the Food and Supply Aggregator sector. Our confidence in the future of this venture is unwavering, thanks to the astute leadership of our Founder and CEO, Mr. Junaiz Kizhakkayil. Anticipating a substantial business turnaround in the coming years, especially with strategic partnerships in place with major entities like Swiggy and Beenext."

About Kitchens@

Kitchens@ is an incredibly effective last-mile meal delivery service, using a patented package of Infra + Tech + Ops, to achieve rapid and profitable digital scale, novel revenue sources and experiences for customers that change the game, cutting-edge inventions supported by intelligence derived from ML/AI.

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