2015-03-12

Food startup Bite Club raises $500K from Powai Lake Ventures

The funding will be used to enhance the technology and for expansion to Delhi and Noida.

Food startup Bite Club raises $500K from Powai Lake Ventures

Bite Club, owned by Gurgaon-based Ecstasy E-Ordering Pvt Ltd, has raised seed fund from Powai Lake Ventures and a few angels including Aneesh Reddy, co-founder & CEO at Capillary Technologies; Goibibo Group founder Ashish Kashyap and Canaan Partners India head Alok Mittal, according to a Techcircle report.

“The funding will be used to enhance the technology and for expansion. Currently we are present in Gurgaon. In a few months we plan to expand to Delhi and Noida,” Prateek Agarwal, founder, Bite Club, told Techcircle.in.

Bite Club is co-founded by Pratik Agrawal, Aushim Krishan and Siddharth Sharma. The start-up manages marketplace for food delivery and has board 80-100 individuals including housewives, recipe bloggers, restaurant chefs and former restaurant owners etc.

Online food ordering startup processes 250-300 orders per day with an average ticket size of Rs 180 and have so far served over 6,000 meals to more than 1500 customers.

Related opportunities
  • The future of electric mobility in India is here, Odysse..
    Locations looking for expansion Maharashtra
    Establishment year 2020
    Franchising Launch Date 2023
    Investment size Rs. 20lakh - 30lakh
    Space required 1100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Opticians/Eye Wear
    At Zeyeden Optics, we’re committed to offering quality products, unparalleled..
    Locations looking for expansion Gujarat
    Establishment year 1957
    Franchising Launch Date 2023
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 1100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Payment Solution Services
    ABOUT HITACHI MONEY SPOT ATM Hitachi Payment Services is one of the..
    Locations looking for expansion Maharashtra
    Establishment year 2005
    Franchising Launch Date 2017
    Investment size Rs. 2lakh - 5lakh
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Cosmetics & Beauty Product Stores
    We are a manufacture of perfume and cosmetic with brand..
    Locations looking for expansion Gujarat
    Establishment year 2022
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads