1. Businesses
  2. Startups
  3. Karnataka
  4. Bangalore
  5. SL021434
Edit Alert

Food Tech Business Raising Seed Funds In Bangalore

Listing ID: SL021434
Posted By: Owner
Last Active: 2+ months ago
Verified User Information
emailEmail
phonePhone
googleGoogle
linkedinLinkedIn
facebookFacebook

About Business

This food tech business was started on September 9, 2021, launched R&D on March 3, 2021, in association with a company from Coimbatore to build an AI-enabled hot, fresh food vending machine. The vending machine guarantees 24 hours for shelf life as well as delivers food in 3 seconds.

Moreover, a Robo Chef has been built that can cook 500 dishes at the push of a button while maintaining their authenticity for ages.

Currently, both machines are complete and undergoing tests for commercial release. Users are able to make orders through a mobile application and webpage and are to receive their meals in a time period less than 10 minutes with no added GST, delivery fees, or minimum order restrictions.

In order to maximize the franchise brand presence from the start, the plan is to open at least 100 locations from the start. Operations will be optimally handled by only 20 skilled employees, who have the potential to serve 100,000 dishes each day.

Clientele type

Cloud kitchens and online food delivery businesses will be the primary customers.

Premises

LEASED

Lease per month (in INR): 70.00 K

Security Deposit (in INR): 5.00 L

Carpet Area: 1,200 sq ft

Asking Price Includes

The terms and conditions will be discussed with potential investors.

Asking Price

INR 9.00 Cr

Minimum ticket size

INR 9.00 Cr

Reason

The founders are seeking investors to kickstart marketing activities and begin operations.

More Details

A trial has already been conducted with the Prestige Group, and the concept received great feedback from people.

Keywords

Food Tech, FMCG business opportunities in Bangalore , Franchise opportunities in Bangalore , Food Tech, FMCG business investment in Bangalore , Food Tech, FMCG business opportunities , Business opportunities in Bangalore , Food Tech, FMCG investment opportunity in Bangalore , Invest in Food Tech, FMCG business in Bangalore , Food Tech, FMCG business raising funds in Bangalore , Funding Food Tech, FMCG business seeking investment in Bangalore , Funding Food Tech, FMCG business seeking funds in Bangalore , Funding Food Tech, FMCG business investment opportunity in Bangalore

Business Tags

Food Tech Business Raising Seed Funds In Bangalore

₹10 to ₹200 Cr

Complete Investment Banking Solution in 120 Days

Seamless Fundraising/M&A transactions

Start your growth journey with our 25+ Years of Experienced Professional Team.

Contact IBGrid Team

You may also like

View All

Explore Nearby locations

Show More (6)

Explore by Industry

Show More (4)

Explore by Industry

Show More (3)

Ask Us Anything

To connect with the owner of this Food Tech Business Raising Seed Funds In Bangalore:
  • Register on IndiaBizForSale platform
  • Click on the “Contact Business” button on the business detailed page
  • Connect with the business owner directly
Note: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.

Before buying a Food Tech Business Raising Seed Funds In Bangalore, check:
  • Growth prospects of the industry and business
  • Sales, profitability, and cash flow of the business should be considered
  • Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

The business opportunity is posted either by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published.

We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity may be put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks.

We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.

IndiaBiz offers:
  • Direct connection with owners
  • Advisory services like valuation, end to end deal management
  • Business preparation like preparing Information Memorandum, Pitch deck, etc.
If you have any queries or need help, our team is here for you. You can email us at [email protected].

Yes. Once connected, you can negotiate:
  • Deal structure (cash, equity, mix)
  • Transition timeline
  • Support during handover
  • Final consideration based on due diligence

As a seller, you are not allowed to contact another seller.

You cannot contact the seller as the Business Listing is On Hold

Error Occured

You cannot contact the seller as the Business is not available Anymore.

You cannot contact the seller as the Business is Sold.

Your mobile number is verified.
Your message will be sent after you have listed
your Buying requirements (takes 2-3 minutes).
Press Next.

Your message will be sent only after you have
verified your email-id. Please check your email.
Press Next.