Zzungry, a Bengaluru-based foodtech startup has raised an undisclosed amount of seed funding from Silicon Valley-based entrepreneurs Satish Vasudeva, Madhusudhan Jujare and a group of other individual investors.
The funds raised will be used towards unit expansion and building revenue channels.
Commenting on the company’s growth plans, Subash Baliga, co-founder, Zzungry said “At Zzungry, our aim is to introduce exotic Indian dishes to a larger audience at an affordable price. With the new investments, we will be setting up new kitchens to expand our footprint in Bengaluru. We will also be using a significant chunk of funds towards ramping up operation efficiency and marketing.”
Founded in September 2015 by Subash Baliga, Sandeep Rana and Ashish Kalya, Zzungry offers specially curated chef-prepared Indian food on demand with a different menu each week. The team, with the help of chef Rajeev, have picked authentic dishes and packaged them for easy eating. Since inception, Zzungry has curated more than 200 dishes with cuisines covering 12 states across the country.
Zzungry currently operates through a delivery model with six operational kitchens in Bengaluru, (Indiranagar, BTM, HSR, Marathahalli, Electronic City and Whitefield). The À la carte menu is priced between INR 195 to INR 320. The combo meals are also priced around the same range. Currently it is processing more than 150 orders in a day.
In future, Zzungry plans to foray into other destination verticals, beyond the food delivery model. In the coming months, Zzungry plans to enter into retail with a new category of offering and will explore avenues like malls and tech-parks to reach out to a larger consumer base. The startup is also planning to raise a second round of funding by the end of 2016.
Earlier in July 2016, another foodtech startup Twigly raised $600K seed funding. Tracxn Labs, Hyderabad Angels, Kunal Shah (co-founder, FreeCharge), Aditya Verma (co-founder, Makaan.com), Gaurav Bhalotia (Vice-president of Engineering, Flipkart), partners at McKinsey and other angels participated in this funding round of Twigly. . Other startups in this segment include EasyKhana, InnerChef, Faasos, Petoo Sattviko, WIMWI Foods etc.
