Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Food and Beverage 07 Jul 2015

Eatlo to strengthen technology and presence with second round of funding

“We are also looking to raise $7-$8 million in Series A funding and are in talks with venture capitalists for the same,” added Harkisanka.

By Nusra Deputy Features Editor

Eatlo, the Bengaluru based lunch delivery app recently raised second round of funding from Zishann Hayath of Powai Lake Ventures, Abhishek Goyal of Tracxn Labs amongst others.

Founded in December 2014, the food-tech app is looking to invest the raised funds in technology and scaling its presence and operations across Bengaluru.

“We aim to place food on your table by just a click. The way we work is very simple and efficient; we handpicked food from various chefs and dispatch it from various centers. All the customer has to do is choose the location, place an order in two clicks and enjoy great food in just 20 minutes,” said Sai Priya, Co-Founder, Eatlo.

Founded by two people who are true foodies and wanted to bring technology and food together to revolutionise the way we order food, Eatlo has an extensive menu which changes daily.

“Although, we’ve tied up with professional chefs, each dish is pre-sampled and sampled again on the day of it being served. We take taste, health and hygiene seriously and each dish is served only after it meets our quality standards,” shared Rahul Harkisanka, Co-Founder, Eatlo.

The company is also planning to strengthen its presence by building it team to 100 which is presently about 100, spreading across Bengaluru by increasing its fulfilment centres which today delivers food across seven locations in the city with 10 fulfillment centers, getting over 1000 orders a day.

“We are also looking to raise $7-$8 million in Series A funding and are in talks with venture capitalists for the same,” added Harkisanka.

Comment
Related opportunities
  • Bakery & Confectionary
    About Sweetish House Mafia:-Sweetish House Mafia (SHM) is a chain..
    Locations looking for expansion Maharashtra
    Establishment year 2013
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Tea and Coffee Chain
    About Dr. Bubbles:-Dr. Bubbles is one of the few dedicated..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Men's footwear
    About:Bata India is the largest retailer and leading manufacturer of..
    Locations looking for expansion New Delhi
    Establishment year 1950
    Franchising Launch Date 2016
    Investment size Rs. 30lac - 50lac
    Space required 1000 - 2000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Laundry & Dry Cleaning
    Be a part of the booming on-demand laundry service industry..
    Locations looking for expansion Karnataka
    Establishment year 2012
    Franchising Launch Date 2015
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Urban District Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories