Food saving app for restaurants SaveEat raises $500-K from Credent Investment

Save Eat Foods Pvt Ltd has raised USD 500,000 in pre-Series A funding round from Credent Investment Pvt Ltd, at a valuation of USD 4 million. The firm will use the funds to strengthen technology and team and also for marketing. It will also expand operations in Mumbai, Pune and Bengaluru. Mumbai-based SaveEat's free smartphone app helps eateries sell their surplus food (over-prepared, overstocked, under-consumed, etc) while giving customers discounts.