The New Delhi based food tech startup ‘IdeaChakki’ has raised an undisclosed amount of funding from leading industrialist- Ratan Tata.
As per company resources, the funds raised from Tata will primarily be used for expansion into new geography along with building the in-house team and strengthening the technology.
IdeaChakki has been founded by Monica Narula, Noopur Tiwari and Gunjan Mehrish — three former NDTV executives with over 20 years of television experience. Currently targeting premium restaurants in Delhi NCR, the start-up aims to expand its operations in the country and plans to set up its first international office in Paris. The start-up provides digital video menu for restaurants and allows customers to gift food and beverage experience anywhere in the world.
IdeaChakki co-founder Gunjan Mehrish said,“It feels great to have received a funding from Ratan Tata. We are World’s first video-based food-tech to introduce such a concept, which will change the face of hospitality world and lifestyle of users. Additionally, Ratan Tata’s validation of the idea will help in attracting more investors as his experience in managing and running Taj group of hotels cannot be overlooked. Moreover, we are looking forward for our next round of funding through Enablers.”
Over the years, Tata Group have already invested in 25 startups across India and abroad.Some prominent brands like- Snapdeal, Kaaryah, Urban Ladder, Bluestone, CarDekho, Sabse Technologies, Xiaomi, Ola, DogSpot.in, Tracxn, CashKaro, FirstCry and Teabox.