Debt Financing

Cloud kitchen player Big Spoon raises $2-M from Grip Invest

MyBigPlunge  

Cloud kitchens startup Big Spoon has raised USD 2 million in a lease financing deal from Grip Invest. The startup will use the fund to drive deeper consumer adoption in small towns. Grip is the first to offer asset leasing services to Big Spoon, which operates 80 internet restaurants and has a presence across 15 cities with 21 outlets. It offers brands covering varied cuisines including Makhni, Oven and Grill, Meals 101, Monkey Fries, the Wrap Co and East Pizza Co. Big Spoon plans to use the funds to focus on increasing presence in small towns.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.