?Mr Hot Foods raises an undisclosed amount from IvyCamp
?Mr Hot Foods raises an undisclosed amount from IvyCamp

Mr Hot Foods, an Indore-based food delivery aggregator, has managed to raise an undisclosed amount from the IvyCamp.

Mr Hot Foods is looking to expand the number of restaurants and food centres on its platform with this capital raise.

Along with increased sales and online reach, local vendors are given professional training from chefs and access to analytics and technology to handle current operations better.

Pawan Raj Kumar, who is going to join the company as an advisor, has invested in the firm through the IvyCamp platform.

Kumar said, "Mr Hot Foods addresses the needs of small kitchens that make good, simple food but lack the bandwidth to reach out to young customer students. I truly believe that with India's huge young and migratory population, Mr Hot foods has touched the right chord in the business of food service and delivery."

Anju Gupta, Co-founder and President, IvyCamp, said, "We have found that alumni are very excited about working with start-ups (mentoring and investing) as they see this as another way to give back to their own Alma Mater and other institutes."

IvyCamp uses its Global Alumni Network (of IITians and IIMites) to connect young entrepreneurs to experience mentors.

 
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