Hotline: 1800 102 2007
X
Search Business Opportunities
Dec, 13 2018

Prime Venture Partners makes investment in FoodyBuddy

The funds raised will be used by the company to expand into new geographies and build the network in Bengaluru.

Prime Venture Partners has made an investment of Rs 6 crore in FoodyBuddy, a platform that enables consumers to sell home-cooked food. The funds raised will be used by the company to expand into new geographies and build the network in Bengaluru.

Presently, FoodyBuddy is operational in Bengaluru. It is looking to expand to five other cities in the next 12 months.

FoodyBuddy brings together home chefs and consumers in the same neighbourhood. Residents of more than 100 apartment communities in Bengaluru are using the platform that has sold over 2,50,000 meals.

Akil Sethuraman, Co-founder, FoodyBuddy, said, "Today, close to 20,000 households use FoodyBuddy and more than 1,000 people are selling. We believe that food brings people closer and encourages a friendly, healthy and interactive community."

"The aim is to foster this by providing both sellers and buyers with a network through which they can address their requirements," he added.

Comment
image
Related opportunities
  • Gravity, Estd in 1991 is a popular men's wear brand,..
    Locations looking for expansion Maharashtra
    Establishment year 1991
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About  THE KETTLERY (CPK Food and Beverages Pvt. Ltd.) An exclusive tea..
    Locations looking for expansion Gujarat
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 20lac - 30lac
    Space required 400 - 800 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ahmedabad Gujarat
  • Ice creams & Yogurt Parlors
    About Us: FRIENDLY OPPORTUNITY FOR ENTREPRENEURS Low Cost of Capital Minimum Operational Expenses..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 25
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Fine Dine Restaurants
    About Us: A high end fine dine stand alone restaurant is..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities