Cloud Kitchen Platform Hoi Foods Raises Pre-series A Funding

  • | Tuesday | 16th June, 2020

Hoi Foods, which operates several cloud kitchens, has raised $2 million in its pre-Series A funding round. The Gurgaon-based company will use the funds to enhance the existing network of Hoi’s Cloud Kitchens and catapult the company into the big league of the cloud kitchen ecosystem. Specifically, the company will focus on expanding its Cloud Kitchen network across India, enhance the tech platform, and further strengthen the supply chain. Hoi Foods did a seed round funding back in 2018 and has grown seven times since then. Hoi Foods also runs a dark shop model called Hoi Stores for hyperlocal delivery through aggregators.

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