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Oct, 06 2018

Food-tech startup InnerChef raises Rs 13 crore in funding led by Mistletoe

InnerChef has raised around Rs 13 crore ($1.76 million) in a fresh funding round led by existing investor Mistletoe.

Gurugram-headquartered cloud kitchen startup InnerChef has raised around Rs 13 crore ($1.76 million) in a fresh funding round led by existing investor, Japanese venture capital firm-cum-accelerator Mistletoe.

Mistletoe is owned and funded by serial entrepreneur Taizo Son, the brother of Masayoshi Son, Founder and CEO of Japanese investment giant SoftBank.

Other investors that participated in the funding round include Singapore-based VC firm M&S Partners, along with a new Japanese investor Das Capital. While the other investors remain undisclosed.

In December 2017, Inner Chef had raised $610,000 from Ukraine-based investment firm Chernovetskyi Group and early-stage venture fund 500 Startups.

InnerChef was started by Rajesh Sawhney, Bal DiGhent and Sanjeev Singhal in 2015. It provides do-it-yourself food kits, ready-to-eat meals, and ready-to-cook meals and desserts.

Presently, the food-tech startup is operational in Delhi-NCR, Bangalore, Hyderabad and Mumbai. It ships more than 100,000 meals per month.

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