Company Name : Eatfresh
Funding Amount : Not Disclosed
Investor(s) Kalaari Capital
Eatfresh is a part of Ubiquitous Foods, which operates the bakery retail chain Ovenfresh in 50 locations serving 10,000 customers every day.
The funds from this round of investment will be used towards expansion of the Eatfresh delivery network to Bangalore and Chennai, with further cities to be added in 2016.
Eatfresh which was launched in August 2015, provides an online platform for high-quality, chef-made meals. With a menu that changes daily and is prepared fresh by 5-star Chefs, Eatfresh offers its customers a choice of Indian, European, Mediterranean and Oriental cuisines.
The startup has differentiated itself from other food tech players through a deep integration of technology and infrastructure for the Chefs on its platform.
Top professional and experienced Chefs are carefully curated and selected, and exclusively work in commercial kitchen infrastructure provided by Eatfresh.
“This full-stack business model at Eatfresh ensures high product quality and service levels while generating unit gross margins in excess of 50%.”