Angel Investments
IoT-based cooking device maker On2Cook raies Rs.17-Cr
Ahmedabad-headquartered cooking device manufacturer On2Cook has raised INR 17 crore (USD 2 million) from a group of angel investors led by Dr Mayur Desai (who invested INR 16 crore) and Nirbhay Gandhi (who invested INR 1 crore). Founded in 2022 by Sanandan Sudhir, On2Cook makes a cooking device which combines induction or flame and microwaves to make the process efficient. The product claims to help domestic and commercial kitchens save up to 70% time and 50% energy. The AI-based and voice-enabled intelligent device made its mark initially in the grand finale of Shark Tank India. It has patents across India, the US, and the UK.
From the Venture Intelligence Incubation Database: In Dec-19, On2Cook had joined the accelerator program of Brinc.
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