Bangalore-based ecommerce platform for Indian food brands, Delight Foods, has raised about 4 crore in its second round of funding from an HNI family office represented by LN Sadani of Lensbridge Capital in Singapore. Besides, existing investors Mape Advisory Group and Fireside Ventures also participated in this round.
The company will use the funds to facilitate expansion plans after launching in Bengaluru. They would also invest in marketing and brand building activities, increase product categories, including international foods, improve infrastructure at the packing centers and also strengthen the team at all levels.
Delight Foods recently started its services in the NCR region and will now launch in Mumbai, Hyderabad and Chennai over the next couple of weeks.
Founded in December 2014 by Ramesh Krishnamurthy, HS Srinivasa along with three others Vineet Khicha, Vineet Goel and Amit, Delight Foods, is an ecommerce platform that helps in bringing together iconic Indian food brands under one roof.
The platform has over 60 brands and 600 products that are sourced from 11 cities across India catering to 5 categories-sweets, savouries, bakery items, papads/pickles and masala /mixes.
(With inputs from agencies)