Cloud kitchen company Kitchens@ has raised $65 million in its Series C round of funding from London-based Finnest, a growth investment firm which makes early-stage ..
Brands are realising that to ensure repeat orders, they need to focus entirely on their speciality-which is cooking-and outsource the rest to specialists.
With significant user traction and investor interest, the cloud kitchen business is entering the inevitable phase of disruption, but with no clear winners yet.
In a conversation with Marico's Harsh Mariwala, Swiggy's CEO, Sriharsha Majety said the decision to expand the cloud kitchen business looked like one of his 'worst investment decisions'.