The Week that Was: Indian Startup News Overview (21st July - 27th July)
Funding News: EatClub Secures Rs 185 Crore in Funding Led by Tiger Global to Fuel Expansion
Startup: EatClub
Founders: Anshul Gupta, Amit Raj
About Us: EatClub is a world first customer engagement platform that gives restaurants the control to manage demand for their tables and improve their profit margins through the use of dynamic pricing.
Founded Year: 2017
Office: India
Sector: Hospitality
Funding Round: Growth Round
Investors: Tiger Global, A91 Partners, 360 ONE Asset Management
EatClub, the parent company of cloud kitchen chains such as Box8 and Mojo Pizza, is raising Rs 185 crore (~$22 million) in a new funding round. Tiger Global (Rs 126 crore) leads the round, with further support from A91 Partners (Rs 37.5 crore) and 360 ONE Asset Management (Rs 21.2 crore).
The fundraise has been sanctioned through the issuance of 11,830 preference shares, as per Registrar of Companies (RoC) filings.
Website: http://www.eatclub.com.au

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