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If the growing numbers, the greater use of existing ones and advent of new technologies like 5G, and changes in customer behavior and tastes are anything to go by, then the future of Cloud Kitchens is anything but cloudy. After all, a concept built on agility, cost-efficient solutions for the growing demand of delivery and take away, and catering to the needs of the new millennials weaned on fast food, will ensure its continued success, irrespective of a pandemic or not.
-LinkedIn
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
