BusinessStartUp News

Food Delivery Startup, Bite Club, Halts Its Operations

A Move To Return Stronger

Bite Club is an online marketplace for chef-prepared meals. Recently, this Gurgaon-based startup announced that it has temporarily put their operations on halt.

The reason provided by them was a clear one. They said that while scaling up their business, they faced certain problems repeatedly. This forced them to take a step back, resolve all the problems and then start with the operations again. The company says that it hopes to return stronger.

About Bite Club

Founded in the year 2014 by Mr. Prateek Aggarwal, Mr. Aushim Krishan and Mr.Siddharth Sharma, Bite Club was a marketplace to connect chefs and consumers. This startup had a menu differing each day, cooked by a team of home chefs, amateur chefs, and professional chefs. And customers could via their mobile or the webpage. This app is available on App Store as well as on the Google Play Store.

The Recent -Past Of Bite Club

Bite Club has impressed various investors in the past. Because of that, it had received a good amount of funding. The last fundraising made by this startup was in the month of December 2015. It received an undisclosed amount in Pre-Series A funding-round. And the investors who funded them were growX ventures, The Phoenix Fund via Enablers, and Powai Lake Ventures.

The recent announcement made by the startup makes us eager to wait for BiteClub’s exciting come-back. This year the market was choppy, which made it difficult for the sustenance of food-tech startups. All we can do is keep our fingers crossed and give Bite Club our well wishes.

Where are the food delivery apps going wrong? Share your thoughts in the comments section below.

Takeaways:-

  • Bite Club is an online marketplace for chefs prepared meals.
  • Recently, this Gurgaon-based startup announced that it has temporarily put their operations to a halt.
  • While scaling up their business, they faced certain problems repeatedly. So it will solve all those problems and make a fresh come-back as a stronger one.

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Startup-Buzz Team

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Startup-buzz Team is a collaborative group of entrepreneurs, researchers, writers and experienced professionals. Tied up together to bring the latest Startup Buzz going around the globe.

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