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growth 2016-02-23

Gurgaon based First Eat raises $200K in seed investment

Started by Saikat Bagchi, Shitiz Dogra, Mannat Wadehra and Rishabh Tickoo, November last year, First Eat app allows users to choose meals according to their health requirements.

Gurgaon based First Eat raises $200K in seed investment

Gurgaon based First Eat, has raised $200K from a serial investor who is an F&B entrepreneur.

Managed by FE Food Tech Pvt Ltd, First Eat offers standardised and affordable healthy meals via its app, on both on demand and subscription basis. 

“The new capital will be used to expand operations in the NCR region, increase traction on the app, and focusing on technology,” shared Mannat Wadehra, Co-Founder, First Eat.

Started by Saikat Bagchi, Shitiz Dogra, Mannat Wadehra and Rishabh Tickoo, November last year, First Eat app allows users to choose meals according to their health requirements.

The app has been downloaded 5000 times, and the start-up claims to serve 80-100 meals daily, with a repeat order rate of 77 per cent.

“We are planning to serve 400-500 meals daily by next quarter,” added Wadhwa.

In the last one year we have seen over 20 food-tech start-ups changing the healthy food dimension in India, and with development on its way, we may see some great deal happening in next few months.  

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