Zzungry Food Startup Raises Funds From Silicon Valley
The growth of the food delivery industry once again!
Founded in 2015, the Bangalore-based food startup Zzungry has raised an undisclosed amount of seed funding from entrepreneurs Satish Vasudeva and Madhusudhan Jujare along with a couple of other investors.
Geographically, Silicon Valley dominates the destination of angel funds; Vasudeva and Jujare are both Silicon Valley-based entrepreneurs.
A little about Zzungry
Started by co-founders Baliga, Sandeep Rana, and Ashish Kalya, the 45 minutes food delivery startup Zzungry offers freshly prepared on-demand Indian cuisine at homes and offices. The food is prepared by in-house chefs in Bangalore with menu changes every week and exotic dishes at an affordable price.
The startup’s delivery model includes coverage of six prominent areas in Bangalore including Indira Nagar, BTM Layout, HSR Layout, Marathahalli, Electronics City and Whitefield with functional kitchens in each area.
- A la carte menu- between Rs 195 and Rs 320
- Combo meals- between Rs 195 and Rs 325
Reason for funding
With the new investments, the startup plans to set up new kitchens to expand its footprint in Bengaluru. A significant chunk of the funds will be used towards ramping up operational efficiency and marketing.
It also said in a statement that the funds raised will be used for expansion and building revenue channels. Do you think the seed funding will positively help Zzungry grow? Please share your thoughts in the comments section below.
Subscribe with us to get your dose of interesting news, research & opinions in the startup segment. Fill the form below: