Gurgaon-based Bite Club, a marketplace for chef prepared meals, has raised an undisclosed amount in pre-Series A round of funding lead by growX ventures. Phoenix Fund and existing investors Powai Lake ventures also participated in the round.
The company is planning to use the funds to expand its footprint in Delhi-NCR and introduce more product categories, it said in a press release
“With the current round of funding, we looking to go deeper into the current market, improving efficiency, building a strong platform for growth and introducing newer products,” Ashish Taneja, Managing Director at growX ventures, said.
Founded in November 2014, Bite Club is a marketplace connecting chefs and consumers. The firm claims to have served over 1,00,000 meals within one year of its inception, and is currently delivering almost 1,000 meals a day.
Earlier this year, BiteClub had raised an angel round from Powai Lake Ventures with participation from Aneesh Reddy (Capillary Technologies), Ashish Kashyap (Goibibo Group) and Alok Mittal (Canaan Partners).