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Food Startup MonkeyBox Raises Funds from Blume Ventures, HNIs

by Chinmay Bidkar
November 29, 2016
in News
Reading Time: 1 min read
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29 November 2016, India :

Food startup Monkeybox raised an undisclosed amount of funding from multiple investors. The round was led by Blume Ventures and a clutch of HNIs.

“The fund was mainly used for setting up of our kitchen and we are doing extremely well on traction hitting over 850 orders per day now in Bangalore south from our first cluster kitchen,” Sanjay Rao, one of the co-founders of the company, told Techcircle.

Sanjay Rao, Sandeep Kannambadi and Vijay Bharadwaj founded Monkeybox this year and has been successfully running the startup. They previously founded sports-tech startup Sporting Minds in 2006, which was also backed by Blume Ventures.

“Monkeybox founders are passionate and focused about delivering high quality experiences for kids. At the same time, parents can be assured that their kids are feeding on tasty and nutritious diet balanced in right proportion. With multiple use cases and brand extensions, this can become a highly scalable business model,” said Ashish Fafadia, chief financial officer at Blume Ventures. Source- Techcircle

Also read-
SAAS PLATFORM KLOSEBY RAISES $100,000 SEED FUNDING
SERVIFY RAISES FUNDS FROM MULTIPLE INVESTORS
Tags: Blume VenturesFood StartupfundingHNIsInvestmentMonkeyBox
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Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

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