Foodtech startup Hustlers Hospitality has raised Rs 7 crore in its seed round from Falisha Technoworld.
They intend on using this funding for accelerating their growth and market expansion, reaching across 6 cities through 9 dedicated central kitchens by the end of this financial year. Besides, the start up will also use the funding for hiring and SOP development.
Founded in 2020 by Krunal Oza, Hustlers Hospitality’s brands are currently present with cloud kitchen operations in Mumbai, Pune, Bengaluru, Delhi, Hyderabad, Surat, Ahmedabad, Ludhiana, Chandigarh, Patna and Darbhanga and counting to add national and international kitchens, within this year.
Hustlers Hospitality claims to have grown 16x in terms of revenue in the last 14 months alone and the company targets to raise its Series A by the end of FY 22.