The Mumbai based cloud kitchen platform will use the proceeds to expand to new cities and ramp up hiring.
Mumbai based cloud kitchen platform Yumlane raised $1million from Singapore based Jetty Ventures. Yumlane will use the proceeds to expand to new cities and ramp up hiring.
Yumlane, which originally was set up as a packaged consumer food brand, offering hot snacks and meals such as momo, and pizzas across retail points, has now pivoted to a cloud kitchen business, the company said in a statement.
The four-year-old company currently operates an estimated 30 cloud kitchens across Bengaluru and Pune.
Chirag Meswani, Managing Partner, Jetty Ventures, said: “Both global and Indian markets have shown a clear consumer preference towards order-in for non-occasional meals. The F&B industry has seen the QSR format carve a significant share in the eat-out food services space especially in the organised chain segment. Conditions are right for order-in preference to carve a large share in the overall market.”
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