HomeInsightFunding Alert Terra Food Co raises $1 million in seed funding

[Funding alert] Terra Food Co raises $1 million in seed funding

A multi-brand Cloud kitchen, start-up Terra Food Co, has raised $1 million led by Faad network with participation from LV, IPJ (Japanese Angel Network), Chennai Angels, Agility Ventures and angel investors.

A multi-brand Cloud kitchen, start-up Terra Food Co, has raised $1 million led by Faad network with participation from LV, IPJ (Japanese Angel Network), Chennai Angels, Agility Ventures and angel investors.

Some prominent industry professionals from food tech and restaurant spaces with a proven record of taking their restaurant business to IPOs have also joined TFC as investors and advisors.

TFC is going to utilise the fund in business expansions, increasing portfolios of brands, building innovative food-technology, product developments and team expansion.

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Terra offers the best non-traditional and most convenient food experience through its network of hyperlocal cloud kitchens and flagship stores.

Talking about the business journey and growth, Sriram Nair, Founder and CEO, Terra Food Co said, “Terra Food Co has had a very hands-on approach since inception, from the launch of our first pick-and-go concept in 2017 which led to opening our dine-in restaurant serving world cuisine in 2019, and then starting a cloud kitchen focusing affordable gourmet dining.

From menu trials, market research, and constant experimenting with cuisine, we are growing exponentially in the market and soon will be a leader in the new age food industry.” Nair Added.

With the focus on accessible, convenient and affordable gourmet dining, Terra Food Co takes the initiative in catering to the aspiring youth of Tier 2 cities and metros through its multiple unique modern brands that provide the best non-traditional food experience.TFC will be launching its innovative self-heating packaging, the very first company in India to do so. By 2025, TFC is expected to become the biggest gourmet food company in India with a presence in 25 cities and over 100 kitchens.

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The start-up has launched and is successfully scaling up 7 multi-cuisine brands in Ahmedabad — Terra Gourmet, Pick Up Meals, Papadum, Aho Punjab, Sushito, HIIT Meals, Zeus Burger, Jaani Maani Biryani, and Noodle Van.

TFC has now expanded to Delhi NCR and Jaipur. Terra is also working on various brands with regional Indian cuisines such as Assamese, Goan, Rajasthani & Gujarati, as well as international cuisines such as Mexican, Korean & Lebanese. TFC is working towards growing its portfolio to at least 25 brands serving different target groups, cuisines, and dietary preferences.

Currently, TFC is currently operational in Ahmedabad, Jaipur, Delhi, Gurgaon, and Faridabad, and is expanding to multiple locations in Pune, Chandigarh Tricity, Ludhiana, and Lucknow in the next year. TFC plans to have around 30 kitchens by the end of 2023 with a presence in 10 cities.

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About Terra Food Co

A multi-brand, seed-funded cloud kitchen called Terra Food Co. Terra Food Co is dedicated to becoming a leader in easily available, practical, and reasonably priced gourmet food. Terra’s network of hyperlocal cloud kitchens and flagship stores provides the best non-traditional and convenient culinary experience.

Viestories

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