About Kytchens
Kytchens is a Real Estate & Construction company based in Mumbai (India) founded in 2020 by Nachiket Shetye and Bansi Kotecha. It operates as a kitchen as a Service platform for FB brands is provided. It operates in the Real Estate & Construction and Consumer sectors. Kytchens has raised $998.3 thousand across 2 funding rounds from investors including Anicut Capital, Invenco by GVR and Texport. The company has 33 employees. Kytchens was last valued at $3.94 million in February 2022. Its Indian entity Hyprkytchen Foodtech Private Limited reported revenue of ₹10.56 Cr. Kytchens offers products and services including Cloud Kitchen Network and Ordering Platform. Its focus areas include Food and Agriculture Tech, Food Tech, Shared Kitchen and Managed. Its competitors include Loyal Hospitality, Kitchens centre, Speed Kitchen, TTSF CLoud One and Your Buzzing Kitchen and 2 more; 4 of its 7 listed competitors have raised funding.
Company details
Founded in 2020 in Mumbai, India, Kytchens operates in the food and beverage sector. A platform is offered that delivers Kitchen as a Service (KaaS) to brands. Customized solutions are developed to address business requirements. Procurement supply chains are established for food preparation in cloud kitchens. Packaging and delivery services are also provided to support operations.
- Headquarters Mumbai, India
- Employees 33
- Founders Nachiket Shetye, Bansi Kotecha
- Stage Minicorn
- SectorsReal Estate & ConstructionConsumer
- Email••••••••
- Website kytchens.in
- Social LinkedIn X
- Legal Name Hyprkytchen Foodtech Private Limited
- Date of Incorporation 22 Aug, 2020
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹10.56 Cr
FY 2024 · +157% YoY
- Net Loss-₹84.3 Lakh
FY 2024 · -8% margin
- EBITDA-₹1.04 Cr
FY 2024 · -10% margin
- Total Equity Funding$998.3K (USD)
in 2 rounds
- Latest Funding Round$926.74K (USD), Seed
Feb 2022
- InvestorsAnicut Capital
& 41 more
- Employee Count33
Associated legal entities of Kytchens
Kytchens operates through Hyprkytchen Foodtech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hyprkytchen Foodtech Private Limited CIN U55101MH2020PTC344271 | Active | 22 Aug 2020 | Mumbai, Maharashtra | ₹10.6 Cr | 33 | 2 | View details |
Products & Services of Kytchens
Kytchens offers a comprehensive portfolio of products and services, including Cloud Kitchen Network and Ordering Platform.
Enables brands to scale operations and customers to order mixed dishes
Facilitates food ordering from multiple brands via website or apps
Funding Insights of Kytchens
Kytchens has successfully raised a total of $998.3K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $926.74 thousand completed in February 2022. 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 $998,297
- Total Rounds 2
- Last Round Seed — $926,735
- First Round $71,562
(Jan 2021)
- Investors Count 42
All 2 funding rounds of Kytchens with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $926,735 | Seed | $3.94M | Anicut Capital | |
| Jan 2021 | $71,562 | Seed | $554,272 | Bharat Jaisinghani, Anand Ladsariya |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $3.94M | •••••••• |
Last known valuation $3.94M (Feb 2022). 42 investors in total: 9 institutional and 33 angel.
Investors in Kytchens
Kytchens has secured backing from 42 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Anicut Capital, Invenco by GVR and Texport.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India. | 2015 | anicutcapital.com | Chennai, India | |
Multiple sectors are invested in by Zeroten private equity firm. | – | zeroten.tcc.mode | Mumbai, India | |
Offers wealth management, financial planning, and investment advisory services. | – | alfaglobalwealth.com | Chennai, India | |
Contract manufacturing of fabrics is handled by Texport in India. | 1978 | texport.com | Bengaluru, India | |
Real estate developer building quality homes and spaces in Pune with customer focus. | 1994 | prasunhomes.com | Pune, India | |
Produces metal handicrafts for global export markets. | 2010 | hmintl.co.in | Noida, India | |
Wholesaler of house hold goods | – | karnavatcommercials.tcc.mode | Mumbai, India | |
Manufacturing of machinery for industrial domains including cement, food, and environmental equipment. | 1961 | vtcorpindia.com | Andheri, India | |
POS hardware and software solutions for payment terminals are offered. | 2009 | invenco.com | Auckland, New Zealand | |
AL Anand Ladsariya | - | – | unknown_866f31d4ac394feb9 | - |
Investor details for Kytchens
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Hyprkytchen Foodtech Private Limited (Kytchens)
Hyprkytchen Foodtech Private Limited is the primary company behind Kytchens. The board of Hyprkytchen Foodtech Private Limited currently have 2 directors; the longest-serving is Bansi Hemant Kotecha, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bansi Hemant Kotecha DIN 08843816 | Director | 22 Aug 2020 | 6 yrs 1 mo | Hyprkytchen Foodtech Private Limited |
| Nachiket Chandrakant Shetye DIN 03075831 | Director | 15 Nov 2022 | 3 yrs 11 mo | Hyprkytchen Foodtech Private Limited |
People of Kytchens
2 people are tracked at Kytchens (2 in leadership); the tracked headcount is 33.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Kytchens
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Kytchens
Figures of Hyprkytchen Foodtech Private Limited, the primary company behind Kytchens, for FY 2024. Revenue was ₹10.56 Cr (+157% year on year). Net loss was -₹84.3 Lakh (-8% margin). EBITDA was -₹1.04 Cr (-10% margin). Revenue has grown at a compounded annual rate of +245% over three years.
- ₹10.56 CrRevenue · FY 2024 · +157% YoY
- -₹84.3 LakhNet loss · -8% margin
- -₹1.04 CrEBITDA · -10% margin
- ₹1.8 LakhPaid-up capital
- 33Employees (provident fund records)
- +245%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Hyprkytchen Foodtech Private Limited are on its company page.
Detailed financial statements for Kytchens
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Kytchens
4 dated milestones of Kytchens across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Kytchens is founded.
- Funding First funding round of $72K.
- Funding Latest funding round, Seed, of $927K.
- Milestone Reaches Minicorn status.
Competitors of Kytchens
Kytchens has 7 listed competitors in our database, 4 of them funded. They include Loyal Hospitality, Kitchens centre, Speed Kitchen, TTSF CLoud One and Your Buzzing Kitchen, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| loyalhospitality.in | 2018 | Bengaluru, India | $105.95M | 244 | Provider of a digital accelerator of food brands | |
| kitchenscentre.com | 2018 | Delhi, India | $2.5M | 1 | Shared commercial kitchen spaces are provided for food delivery production. | |
| speedkitchen.in | 2020 | Delhi, India | $524,499 | – | Platform offering solutions for cloud kitchen operations | |
| ttsfcloudone.com | 2020 | Hyderabad, India | $5.3M | 2 | Shared kitchen spaces are offered for food delivery production. | |
| yourbuzzingkitchen.com | 2020 | Delhi, India | – | – | Delivers shared kitchen solutions for food brands to innovate and operate efficiently. | |
| bourdaina.com | 2018 | Gurugram, India | – | – | Offers a kitchen sharing platform for restaurants. | |
| sousake.in | 2020 | Kolkata, India | – | – | Provides cloud kitchen food delivery of kebabs, soups, and salads in Kolkata. |
Detailed competitors of Kytchens
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Kytchens
The website of Kytchens (kytchens.in) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 24% vs previous month
Top companies in Real Estate Technology Platforms
10 companies that operate in the same segment as Kytchens (Real Estate Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Residential properties are listed and searched through an app-based platform. | 2005 | Seattle, Washington, United States | USD 87 M | – | – | |
Real estate properties are discovered via an online portal. | 2006 | Singapore, Singapore, Singapore | USD 689.51 M | USD 78.41 M | 2,613 | |
Residential properties are resold via an app-based platform. | 2014 | San Francisco, California, United States | USD 1.35 B | USD 2.71 M | 1,426 | |
Residential real estate search engine | 2005 | San Francisco, California, United States | USD 32.8 M | – | – | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Online listing platform for buying and selling residential and commercial properties | 2000 | Madrid, Madrid, Spain | USD 303.81 M | – | – | |
Online platform for buying, renting, and selling residential and commercial properties | 2012 | Gurugram, Haryana, India | USD 146.45 M | USD 25.52 M | 1,188 | |
An online listing platform for residential and commercial properties | 2008 | London, England, United Kingdom | USD 10.67 M | USD 112.51 M | 456 | |
Rental properties are brokered online for seekers and owners. | 2012 | Sao Paulo, State of Sao Paulo, Brazil | USD 755 M | – | 5,932 | |
Residential properties are listed and brokered through an online platform. | 2004 | Seattle, Washington, United States | USD 166.06 M | USD 1.04 B | 5,659 |
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Frequently Asked Questions about Kytchens
Kytchens was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Kytchens is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Kytchens is a funded company, having raised a total of $998.3K across 2 funding rounds to date. The company's 1st funding round was a Seed of $71.56K, raised on Jan 2021.
Kytchens has 33 employees.
The primary company behind Kytchens, Hyprkytchen Foodtech Private Limited, reported revenue of ₹10.56 Cr for FY 2024, up 157% year on year.
Founded in 2020 in Mumbai, India, Kytchens operates in the food and beverage sector. A platform is offered that delivers Kitchen as a Service (KaaS) to brands. Customized solutions are developed to address business requirements. Procurement supply chains are established for food preparation in cloud kitchens. Packaging and delivery services are also provided to support operations.
Kytchens's top competitors include Loyal Hospitality, Kitchens centre and TTSF CLoud One.
Kytchens offers Cloud Kitchen Network and Ordering Platform.
Kytchens has 42 investors. Key investors include Anicut Capital, Invenco by GVR, Texport, Alfa Global Wealth, and VT Corp.
The valuation of Kytchens is $3.94M as of Feb 2022.
Kytchens operates through Hyprkytchen Foodtech Private Limited.
The legal entities of Kytchens currently have 2 directors, including Bansi Hemant Kotecha, Nachiket Chandrakant Shetye.