India’s online food ordering and delivery segment is pretty much heated up right now. In the past 48 hours, 3 start-ups in the segment have raised more than $1.6 million worth capital, the latest of them being Holachef.
According to numerous media reports, the start-up has raised close to $320K in a seed round, led by India Quotient. This is India Quotient’s second seed funding round into an online meal service start-up in past 24 hours. India Quotient is an early-stage investment firm, mainly involved in seed rounds.
HolaChef is an online platform, wherein Chefs across India get a place to sell their own dishes online. You may not be a professional chef, but if you think you have a mouth-watering dish idea in your mind, you can simply put it up for sale, on HolaChef.
So how does this Chef curation platform work ? Well, the moment you open their website, you are presented with a variety of dishes, prepared by numerous chefs in your town. You select the dish you think would serve your purpose, order it on HolaChef, and their delivery van ‘Elvis’ will come at your doorstep to deliver the ordered food.
Though there are other, bigger online food delivery platforms present, what sets HolaChef apart, is its ability to serve the needs of both chefs and customers. While you as a customer get your food delivered, some unknown chef gets recognition for his/her dish.
This is the third big-ticket seed round, raised by an Indian online food delivery start-up in past 48 hours. While Frsh raised a $520K seed round yesterday morning, Yumist, founded by Ex-Zomato CMO Alok Jain, raised a bigger, $1 Million worth of capital day before.