Ghost Kitchens: Ghost Kitchen raises $5 mn in series A funding, ET Retail
Feb 22, 2024•over 1 year ago
Amount Raised
$5 Million
Round Type
series a
New DelhiHospitalityInvestors
Rana DaggubatiDholakia VenturesYuj VenturesLead AngelsLets VentureNb VenturesGvfl Limited
Description
Ghost Kitchens India has raised USD 5 million in series A funding led by GVFL Limited, with participation from NB Ventures, LetsVenture, and Lead Angels. Existing investors Yuj Ventures, Dholakia Ventures, and actor Rana Daggubati also participated in this round. The funding will be used to scale business operations, foray into retail stores, and increase its footprints.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers