Total amount raised
$1.1 Millions
Latest funding date
12/01/2021
Location
GoKhana has successfully raised $1,100,000 over two funding rounds, with the latest Seed round occurring on December 23, 2021. The platform focuses on digitizing corporate cafeterias, offering services like contactless ordering and real-time tracking.
Keep reading to explore the intricacies of GoKhana's fundraising journey and the investors backing this innovative platform.
What Is GoKhana?
GoKhana, founded on January 17, 2017, is headquartered in Bangalore, Karnataka, India. The company specializes in digitizing corporate cafeterias to enhance efficiency and provide additional services to employees.
Founded by Ankur Marda and Ashish Marballi, GoKhana offers a range of services including contactless ordering, real-time tracking, and comprehensive cafeteria management solutions. Their platform aims to simplify cafeteria operations while elevating the experience for all stakeholders.
With a workforce of 251-500 employees, GoKhana continues to innovate in the corporate dining space, catering to various sectors such as corporates, educational institutes, and healthcare institutions across multiple cities in India.
How Much Funding Has GoKhana Raised?
- Amount Raised: $1,100,000
- Date: December 2021
- Lead Investors: GRM Foodkraft Private Ltd (GFK)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To pursue growth opportunities across India and enter new verticals in the institutional catering space.
- Amount Raised: Undisclosed
- Date: March 2020
- Lead Investors: Turbostart
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop and expand their digital cafeteria management platform.
Total amount raised: $1,100,000. Current valuation: Not publicly disclosed.
Key Investors
- GRM Foodkraft Private Ltd (GFK)
- Details: GRM Foodkraft is a subsidiary of GRM Overseas Limited. They led the Pre-Series A funding round for GoKhana.
- Investment Focus Areas: Strengthening brand presence, maximizing retail outreach.
- Notable Investments: Investment in GoKhana.
- Mekin Maheshwari
- Details: Mekin Maheshwari is associated with Udhyam Learning Foundation and is a former executive at Flipkart.
- Investment Focus Areas: Education, learning, technology.
- Notable Investments: Udhyam Learning Foundation.
- Satyen Vallabh Patel
- Details: Satyen Vallabh Patel is associated with Sahyadri Industries, focusing on industrial and manufacturing sectors.
- Investment Focus Areas: Industrial, manufacturing.
- Notable Investments: Sahyadri Industries.
- Pankaj Prasoon
- Details: Pankaj Prasoon is described as a multi-dimensional entrepreneur with various ventures.
- Investment Focus Areas: Entrepreneurial ventures.
- Notable Investments: Various entrepreneurial ventures.
- Sachin Agarwal
- Details: Sachin Agarwal is associated with PTC Industries, focusing on industrial manufacturing.
- Investment Focus Areas: Industrial manufacturing.
- Notable Investments: PTC Industries.
What's Next for GoKhana?
GoKhana is poised for significant growth, with opportunities to expand across India and enter new verticals in the institutional catering space. The company aims to increase its user base from 1 million to over 5 million, leveraging strategic partnerships and continuous innovation to optimize supply chains and provide contactless experiences.
Future fundraising rounds are likely as GoKhana scales its operations and enhances its technological capabilities. The successful Pre-Series A round indicates strong investor confidence, setting the stage for potential Series A funding to support further expansion and innovation.
However, challenges such as maintaining service quality while scaling, navigating a competitive landscape, and ensuring the safety of contactless solutions in a post-pandemic world may arise. Addressing these challenges will be crucial for GoKhana's sustained success.
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay’s platform to access comprehensive fundraising data on companies like GoKhana and gather other critical business insights.
Sign up for free and start optimizing your sales approach today by visiting Clay's signup page.
