Cloud kitchen startup, Hoi Foods, on Monday said it has raised $2 million in its pre-Series A funding round. The fundraising was led by 1Crowd, an equity crowd funding platform, and other startups such as Sprout, Angelist, Samar Singla, founder of Jugnu, VCCircle chief executive officer (CEO) Jaideep Mehta, Mukund Kulashekaran of Urban Company, among others, also participated.
The Gurgaon-based firm will use the funds to enhance the existing network of cloud kitchens and plans to catapult itself into the big league of the cloud kitchen ecosystem.
The company will focus on expanding its cloud kitchen network across India, enhance its tech platform and strengthen supply chain.