ChefKart raises $2 million in its seed round of funding led by Blume Ventures and others
- ByStartupStory | July 25, 2022
ChefKart, based in Gurugram, has received $2 million in initial funding headed by Blume Ventures and Pravega Ventures. Deepinder Goyal (founder and CEO of Zomato), Kunal Shah (founder of Cred), Titan Capital, Tremis Capital, and LetsVenture and other angel investors also participated in the funding round.
Vaibhav Gupta, ChefKart’s founder and CEO, claims that the company is now expanding by 15% month over month and plans to use the freshly raised cash to expand geographically in Gurugram.
ChefKart COO Arpit Gupta stated, “The company anticipates aggregation on top of grocery delivery, with the goal of capturing the time spent by consumers organising their daily meals and arrangements. On the partner front, we are persistently working towards optimising our home chefs’ onboarding and cutting-edge training procedure.”
FMukul Singhal, co-founder and partner at Pravega Ventures said, “ChefKart is motivated by the need to digitise a necessary but mostly unstructured service. They are on their way to building a complete ground-to-customer supply-demand chain by also empowering the local community. While it has been a difficult journey, ChefKart’s positive cash cycle model has dramatically revolutionised the way at-home cooking functions in India.”
About ChefKart
ChefKart was formed in 2020 by Vaibhav, Aman, and Arpit Gupta with the purpose of upskilling neighbourhood cooks into skilled and qualified home chefs who supply cooking services. In Gurugram, the company has built supply control as well as hyperlocal marketing. It also plans to expand its brand-new segment, cooks for parties.
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