Chefs Basket Raises $6 Million in Series A Funding

Company Name : Chefs Basket
Funding Amount : $6 million
Investor(s) SAIF Partners Haresh Chawla. .
Funding Round : Series A

Founded in 2012, Chefs Basket has raised $6 million from SAIF partners and angel investor Haresh Chawla in series A funding.

The raised funds will be used to expand product range and add new distribution channels by end of 2016. The company also plans to strengthen its marketing, sales and operations team.

The startup provides ready to cook packaged food and currently sells close to 1.3 lakh units a month. It plans to increase its sales to 4-5 lakh units a month and also launch it product in South Africa, Canada and Australia. [source]

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