HungerBox To Expand To Southeast Asia After Funding From Paytm, Others

HungerBox To Expand To Southeast Asia After Funding From Paytm, Others

SUMMARY

The company is looking to deepen its presence in hospitals, multiplexes and colleges

Cofounder Sandipan Mitra claimed it will expand into Southeast Asia

HungerBox plans to reach 1 Mn food orders per day by 2020

Bengaluru-based B2B foodtech startup HungerBox, on Tuesday (December 17), announced that it has raised $12 Mn from Paytm and other investors. The round also included NPTK, Sabre Partners Trust and Neoplux. With this, the company has raised total funding of $16.5 Mn till date.

HungerBox plans to utilise this funding to expand into new geographies in Southeast Asia. In addition to this, HungerBox would be expanding its services to hospitals, educational institutes and multiplexes.

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