Venture Intelligence (TSJ Media Pvt. Ltd.)
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Cloud kitchen chain EatClub set to attract $30-M from Tiger Global, A91 Partners, others
Existing investors Tiger Global and A91 Partners are to increase their stake. In cloud kitchen startup EatClub Brands (earlier known as Box8) by investing nearly USD 30 million. Another existing investor IIFL will sell a part stake in the company that it has held since 2016. Founded by Gupta and Amit Raj in 2012, EatClub Brands currently holds eight brands and operates 150 cloud kitchens across five cities. In December 2021, Box8 raised USD 40 million in a Series D funding round led by Tiger Global at a USD 300 million valuation.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.