Bengaluru-based HungerBox recently announced closing of $2.5 million in pre-series A funding led by Lionrock Capital and Infosys co-founder Kris Gopalakrishnan.
The startup’s business has scaled tremendously over the last 15 months with nearly seven million orders placed on the platform till date. HungerBox is clocking more than 120,000 daily orders and expect to scale this to half a million orders per day by end-2018.
Started in 2016, HungerBox is a full stack, foodtech company that is focussed on the B2B space and operates over 100 digital cafeterias for more than 75 corporate clients, including Qualcomm, Microsoft, FirstSource, Accenture, Capgemini, Genpact, ABB, Amazon and McKinsey in Bengaluru, Chennai, Hyderabad, Mumbai, Pune, Delhi/NCR and Jaipur.
The investors foresee a tremendous potential for innovation in the B2B foodtech arena as corporate spends on F&B are already massive and growing year-on-year.
HungerBox addresses this large space with an easily scalable model and an end-to-end solution that provides a win-win to employees as well as to corporate clients.