Funding Alert

Hustlers Hospitality raises a seed funding of Rs 7 crore from Falisha Technoworld


Falisha Technoworld provided Hustlers Hospitality with investment in the amount of Rs 7 crore. It is one of the most well-run and successful Cloud Kitchen firms, with 400+ Internet restaurant listings across 36+ QSR and Cloud Kitchen brands. 

Existing restaurateurs may launch several Cloud Kitchen brands from their current kitchens with Hustlers Hospitality’s assistance in order to increase the online delivery business. Additionally, Hustlers Hospitality expands by recruiting new franchisees and aiding them in the start-to-finish establishment of their cloud kitchen and QSR franchise businesses.

Hustlers Hospitality raises a seed funding of Rs 7 crore from Falisha Technoworld

Krunal Oza is the creator of the brand, which was established in 2020. By the conclusion of the current fiscal year, they want to reach 6 cities through 9+ specialised central kitchens thanks to the cash they will use to expand their business and reach new markets. Additionally, the startup will utilise the funds for SOP development and hiring. By the end of FY 22, Hustlers Hospitality plans to raise money in a Series A round.

Krunal Oza, founder of Hustlers Hospitality said, “We are happy to raise these seed funds and would want to thank our partner for accomplishing the goal that we had set for our in-house multi-cuisine multi-brand kitchen. The money will help us grow in the correct manner and be quick followers in the cloud kitchen industry. We have many ideas to take our brand to the next level. Prior to raising the seed round, we also bought a 31% ownership in My Cloud Kitchen, a consulting company. We also have plans to expand soon our hospitality consulting service vertical to other locations, including metro and tier 2 and 3 cities.”

 

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