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The acquisition will help Bengaluru-based Kitchens@ expand its presence pan-India. The estimated revenue of the combined entity in the first quarter is expected to be $30 million in recurring revenue terms, Junaiz Kizhakkayil, Founder, Kitchens@, said.
-By Your story
Bengaluru, 14th February 2022: Kitchens@, India’s leading cloud kitchen brand has signed a franchise agreement with the fast-expanding QSR chain...
-By business news this week
This partnership will enable ITC Foods to enter food service play at a city scale while operating from several cloud kitchen locations...
-By economictimes
-By Hotelierindia
-By Fmtmagazine
-By Adgully
-By Fooddrinkinnovations
With significant user traction and investor interest, the cloud kitchen business is entering the inevitable phase of disruption, but with...
-By Businesstoday
Bengaluru-based Loyal Hospitality Pvt. Ltd, which provides kitchens for restaurants, has raised Series B funding from Singapore...
-By Vccircle
The first tranche of about $5 million has already been invested in the Bengaluru-based firm.
-By Thenewsminute