About ChefKart
ChefKart is a company based in Gurugram (India) founded in 2020 by Arpit Gupta, Aman Gupta, and Vaibhav Gupta.. ChefKart has raised $4.15 million across 5 funding rounds from investors including LetsVenture, Lead Angels and Anicut Capital. ChefKart operates in a competitive market with competitors including COOX, Hopping Chef, Cookifi, Bookmychef and OYChef, among others.
- Headquarter Gurugram, India
- Founders Arpit Gupta, Aman Gupta, Vaibhav Gupta
- Stage Minicorn
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Sectors
ConsumerBusiness Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Chefkart Hospitality Private Limited
- Date of Incorporation 28 May, 2020
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$88.95 K (USD)197.44as on Mar 31, 2023
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Net Profit
$-1.51 M (USD)-308.6as on Mar 31, 2023
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EBITDA
$-1.81 M (USD)-307.5as on Mar 31, 2023
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Total Equity Funding
$4.15 M (USD)
in 5 rounds
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Latest Funding Round
$359.19 K (USD), Series A
Jun 11, 2024
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Investors
LetsVenture
& 47 more
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Employee Count
Employee Count
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Funding Insights of ChefKart
ChefKart has successfully raised a total of $4.15M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $359.19 thousand completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $359,190
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First Round
First Round
(28 Jun 2021)
- Investors Count 48
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series A - ChefKart | Valuation | Pravega Ventures , Blume Ventures |
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| Apr, 2023 | Amount | Seed - ChefKart | Valuation | Pravega Ventures , Blume Ventures |
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| Jun, 2022 | Amount | Seed - ChefKart | Valuation | LetsVenture |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ChefKart
ChefKart has secured backing from 48 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LetsVenture, Lead Angels and Anicut Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Financial services, strategic advisory, and partnerships in investments.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location | |
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Investments are made in early-stage companies by Titan Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ChefKart
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ChefKart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chefkart Comparisons
Competitors of ChefKart
ChefKart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as COOX, Hopping Chef, Cookifi, Bookmychef and OYChef, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online marketplace for booking cooks for various occassions
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| domain | founded_year | HQ Location |
Online marketplace for at-home cooking by professional chefs
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| domain | founded_year | HQ Location |
Food catering services for parties and events are provided.
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| domain | founded_year | HQ Location |
Professional chefs are connected to customers via an on-demand app.
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| domain | founded_year | HQ Location |
Professional chefs are connected to users for on-demand in-home meals.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Chefkart
Frequently Asked Questions about ChefKart
When was ChefKart founded?
ChefKart was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is ChefKart located?
ChefKart is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of ChefKart?
Vaibhav Gupta is the current CEO of ChefKart. They have also founded this company.
Is ChefKart a funded company?
ChefKart is a funded company, having raised a total of $4.15M across 5 funding rounds to date. The company's 1st funding round was a Seed of $255.72K, raised on Jun 28, 2021.
What is the annual revenue of ChefKart?
Annual revenue of ChefKart is $88.95K as on Mar 31, 2023.
What does ChefKart do?
ChefKart was founded in 2020 in Gurugram, India, as an online platform in the home services sector focused on cook hiring. Professional cooks specializing in various cuisines are provided to users. Operations include submission of requirements, booking of trials, and subscription payments. Customized meal plans are generated based on available ingredients, with automatic updates on grocery availability and regular feedback delivered.
Who are the top competitors of ChefKart?
ChefKart's top competitors include COOX, Bookmychef and Cookifi.
Who are ChefKart's investors?
ChefKart has 48 investors. Key investors include LetsVenture, Lead Angels, Anicut Capital, Pravega Ventures, and Tremis.
What is ChefKart's valuation?
The valuation of ChefKart is $11.1M as of Jun 2024.