Other Private Equity/Strategic Investments

Foodtech co Hustlers Hospitality raises Rs.7-Cr from Falisha Technoworld

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Mumbai-based foodtech startup Hustlers Hospitality has raised INR 7 crore in its seed round from Falisha Technoworld. Founded in 2020, Hustlers Hospitality's brands are present with cloud kitchen operations in Mumbai, Pune, Bengaluru, Delhi, Hyderabad, Surat, Ahmedabad, Ludhiana, Chandigarh, Patna and Darbhanga. The firm intends to use the funds for market expansion through 9 dedicated central kitchens by the end of this financial year. The startup will also use the funds for hiring and for developing SOP (standard operating procedure). The company targets to raise its Series A by the end of FY 22.

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