Paytm Invests In Corporate Food Solutions Startup HungerBox

Paytm Invests In Corporate Food Solutions Startup HungerBox

SUMMARY

HungerBox is raising $8.1 Mn funding round

One 97 Communications has invested $1.8 Mn and will invest $4.75 Mn more

Existing investor Sabre Partners Trust has also invested in the round

Bengaluru-based food catering startup Hungerbox has raised INR 15.99 Cr in Series C funding round from Paytm parent company One 97 Communications and Sabre Partners Trust.

According to the Ministry of Corporate Affairs filings accessed by Inc42, the company is raising a INR 57.99 Cr ($8.1 Mn) Series C funding round, of which INR 15.99 Cr ($2.23 Mn) has come in. The details showed that One 97 Communications has picked up 17,013 Series C shares at a nominal value of INR 100 with a premium of INR 7,541.03 worth INR 12.99 Cr ($1.8 Mn).

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