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.