Cloud kitchen firm EatClub to raise Rs 185 crore from Tiger Global, A91 Partners, 360 One

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Cloud kitchen operator EatClub, which runs brands like Box8 and Mojo Pizza, is set to raise nearly Rs 185 crore ($22 million) in funding led by existing investors Tiger Global, A91 Partners, and 360 One Asset Management, according to a regulatory filing made with the Registrar of Companies (RoC).

According to the filings, Tiger Global is investing Rs 126 crore, and A91 Partners, Rs 37.5 crore. Meanwhile, 360 One Asset Management is investing Rs 21 crore.

EatClub said in the filing that the company will be using the funds for growth and expansion….



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Cloud kitchen firm EatClub to raise Rs 185 crore from Tiger Global, A91 Partners, 360 One



Cloud kitchen operator EatClub, which runs brands like Box8 and Mojo Pizza, is set to raise nearly Rs 185 crore ($22 million) in funding led by existing investors Tiger Global, A91 Partners, and 360 One Asset Management, according to a regulatory filing made with the Registrar of Companies (RoC).

According to the filings, Tiger Global is investing Rs 126 crore, and A91 Partners, Rs 37.5 crore. Meanwhile, 360 One Asset Management is investing Rs 21 crore.

EatClub said in the filing that the company will be using the funds for growth and expansion….



Source link

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.

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