Cloud kitchen startup Bigspoon raised $12.56 million in a strategic funding led by Indian Angel Network

Share via:

Cloud kitchen startup Bigspoon raised $12.56 million in a strategic funding led by Indian Angel Network (IAN) where institutional investors NB Ventures, Go-Ventures, LetsVenture, Grip Invest, Anicut Capital, and actor Mouni Roy also participated.

Bigspoon is a multi-brand omnichannel cloud kitchen startup focused primarily on Tier II cities. The startup claims to be targeting underserved and untapped markets. The funding will be used to expand the startup’s footprint and add more than 250 kitchens across 80 cities in India, Southeast Asia, and the Middle East. It will also use the funds to increase hiring for key leadership positions and to invest more in client technology. Bigspoon will also use the funds to expand its top-tier brands and strengthen its backward integration in order to better leverage its supply chain. The expansion will primarily target Tier II cities, and the funds will be used to’strengthen the food delivery experience.’

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Cloud kitchen startup Bigspoon raised $12.56 million in a strategic funding led by Indian Angel Network

Cloud kitchen startup Bigspoon raised $12.56 million in a strategic funding led by Indian Angel Network (IAN) where institutional investors NB Ventures, Go-Ventures, LetsVenture, Grip Invest, Anicut Capital, and actor Mouni Roy also participated.

Bigspoon is a multi-brand omnichannel cloud kitchen startup focused primarily on Tier II cities. The startup claims to be targeting underserved and untapped markets. The funding will be used to expand the startup’s footprint and add more than 250 kitchens across 80 cities in India, Southeast Asia, and the Middle East. It will also use the funds to increase hiring for key leadership positions and to invest more in client technology. Bigspoon will also use the funds to expand its top-tier brands and strengthen its backward integration in order to better leverage its supply chain. The expansion will primarily target Tier II cities, and the funds will be used to’strengthen the food delivery experience.’

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

You can now use the Microsoft Copilot bot on...

Copilot is a chatbot based on OpenAI’s GPT-4...

China’s $47B semiconductor fund puts chip sovereignty front and...

China has closed a third state-backed investment fund...

AI models have favorite numbers, because they think they’re...

AI models are always surprising us, not just...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!