Holachef has raised Series A funding of Rs 20 crore in a round led by Kalaari Capital. Anand Lunia’s India Quotient will also be participating in this investment.
Holachef offers select signature dishes from professional and amateur, based? on a dynamic daily menu. It ensures delivery of the meals at a pre-selected time slot by the customer. The service was founded in September 2014 and had raised a seed fund of Rs 2 crore by India Quotient in February 2015. The investment was in the form of convertible notes, a short term debt that converts to equity when a startup raises Series A funding.
Currently, Holachef is serving over 1000 orders in a day across locations in Central and Western suburbs of Mumbai. It receives over 65% of orders through the mobile app on Android, iOS and rest from the desktop website.