Bengaluru-based food tech startup Zzungry has raised an undisclosed amount of funding from Silicon Valley-based entrepreneurs Satish Vasudeva and Madhusudhan Jujare as well as a group of other individual investors. These funds will be used towards expansion and building new revenue channels.
When talking about the plans for the company’s growth with Inc42, co-founder Subash Baliga said, “At Zzungry, our aim is to introduce exotic Indian dishes to a larger audience at an affordable price. With the new investments, we will be setting up new kitchens to expand our footprint in Bengaluru. We will also be using a significant chunk of funds towards ramping up operation efficiency and marketing.”
Zzungry was founded in 2015 by Baliga, Sandeep Rana and Ashish Kalya and differ from other food tech companies in the sense that they offer specially curated chef-prepared Indian food on demand and also have a different menu every week. Led by Chef Rajeev, the Zzungry team choose authentic dishes and package them for easy eating. Since they started, Zzungry has curated more than 200 dishes from 12 different cuisines from around the country.
Their head office is based in Bengaluru and they have six operational kitchens in the city (Indiranagar, BTM, HSR, Marathahalli, Electronic City and Whitefield). Their a la carte menu is priced between Rs. 195 and Rs. 320, while the combo meals are also in the same price range. They don’t cover the entire city at this point, but they cover quite a large portion of Bengaluru and only deliver within specific slots — 11 AM — 3.30 PM & 6PM — 11 PM.
According to Inc42, Zzungry plans to go beyond the food delivery model by entering into retail and will also look into exploring avenues like malls and tech parks to reach a larger consumer base. The company also plans to raise a second round of funding by the end of the year.
Check out Anna’s post on https://www.hungryforever.com/zzungry-raised-funding-silicon-valley-based-entrepreneurs/