Kitchens Centre company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

kitchenscentre.com

Founded Year

2019

Stage

Acquired | Acquired

Total Raised

$500K

About Kitchens Centre

Kitchens Centre claims to provide ready-to-move-in, fully equipped, and compliant kitchens.On March 2nd, 2022, Kitchens Centre was acquired by Kitchens@. Terms of the transaction were not disclosed.

Kitchens Centre Headquarter Location

607, Ansal Chambers 2, Bhikaji Cama Place

New Delhi,

India

(+123) 456-789-1120

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Kitchens Centre News

Kitchens@ Merges With Kitchens Centre To Be India’s Biggest Cloud Kitchen Player

Mar 3, 2022

The deal reportedly took place in a share swap agreement, with Kitchens Centre’s prior investors also getting equity in the merged entity: Report The move will make the combined entity as the biggest player in the space with more than 1,000 cloud kitchens spread across 20 cities The merger will enable the combined entity to rapidly scale up and increase its presence across the country In a big development, cloud kitchen startup, [email protected] , has merged with Delhi-based Kitchens Centre. The move will make the combined entity the biggest player in the space with more than 1,000 cloud kitchens spread across 20 cities. The merger will enable it to rapidly scale up and increase its presence across the country. The move will also help the two startups to leverage each other’s strong supply chain links to complement its operations. [email protected] chairman and founder, Junaiz Kizhakkayil, said, “We have aggressive plans to expand rapidly across India. We found Kitchens Centre to be a good partner in terms of vision, expertise and shared values in the team. We are excited and confident that this union will help us scale up rapidly and bring unparalleled solutions to our existing and prospective clients.” Kitchens Centre CEO and founder, Lakshay Jain, said, “ [email protected] is a leader in the cloud kitchen space with their strength in culinary operations and technology expertise. Combining that with our strength in cloud kitchen infrastructure and supply chain makes the entity a formidable force. We look forward to growing together and being the top enabler for the food and beverage industry.” With this merger, the combined entity will service over 150 brands across the length and breadth of the country. Founded in 2018 by Kizhakkayil, Bengaluru-based [email protected] currently has more than 350 kitchens across 12 hubs. The startup began operations with an initial seed capital from Zomato and then later bought back the shares from the delivery giant in 2019. [email protected] is currently operated and owned by Loyal Hospitality. It had raised $16.2 Mn in its series B funding round in February of 2020. Later that year in May, the startup raised another $2.6 Mn in venture debt from Trifecta Capital. [email protected] counts Dominos, Subway, Taco Bell and Nando’s as its top clients. On the other hand, Kitchens Centre was founded in 2019 by Lakshay Jain. The Delhi-based cloud kitchen chain operates 700 kitchens across 90 locations in 20 Indian cities. It also works with a slew of popular restaurant chains including Mainland China, Wow Momo, Barbeque Nation, among others. The startup is owned and operated by Cloud Retail Solutions. It received an undisclosed sum in its Pre-Series A in November of 2020. Interestingly, the Kitchens Centre is backed by big names including U.S-based early stage venture firm Village Global. The VC firm counts billionaires including Bill Gates, Jeff Bezos, Eric Schmidt and Mark Zuckerberg as its benefactors. The startup competes with giants Zomato and Swiggy, as well as other major players such as Rebel Foods, Curefoods, Food Darzee and Box8. According to a report by RedSeer consulting, the Indian cloud kitchen market is expected to soar to $2-3 Bn mark, in terms of a Gross Merchandise value (GMV), by 2025. This is a sharp rise compared to the earlier $400 Mn GMV back in 2019. The growth has been fueled by urbanisation, higher disposable income and better supply of new restaurants coupled with a hyperlocal delivery model. This comes barely days after cloud kitchen aggregator, Curefoods, acquired exclusive franchise rights for pizza brand Sbarro, in South India. This was followed by ANI Technologies, mobility giant Ola’s parent company, completing its acquisition of once popular food delivery aggregator, foodpanda, from Germany-based Delivery Hero. In January this year, Ankit Nagori-led Curefoods also acquired Accel-backed Maverix Platforms for an undisclosed amount. The sector is witnessing a major consolidation even though revenues are rising. With funding galore for specific startups, the foodtech sector seems to have benefited the most from urbanisation. But, it’s to see how the sector will evolve. Note: We at Inc42 take our ethics very seriously. More information about it can be found here.

Kitchens Centre Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Kitchens Centre Rank

  • When was Kitchens Centre founded?

    Kitchens Centre was founded in 2019.

  • Where is Kitchens Centre's headquarters?

    Kitchens Centre's headquarters is located at 607, Ansal Chambers 2, Bhikaji Cama Place, New Delhi.

  • What is Kitchens Centre's latest funding round?

    Kitchens Centre's latest funding round is Acquired.

  • How much did Kitchens Centre raise?

    Kitchens Centre raised a total of $500K.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.