"The funding received from marquee investors will boost our ability to scale our operations to keep pace with the traction we are seeing for our digital cafeteria management solution," HungerBox CEO & Co-Founder Sandipan Mitra said.
He said HungerBox's business has scaled tremendously over the last 15 months with nearly seven million orders placed on the company platform till date.
"We are clocking more than 120,000 daily orders and expect to scale this to half a million orders per day by end-2018," he said.
HungerBox said it's tech-led solution enables end-to-end digital cafeteria management with the company's proprietary technology platform connecting food vendors to employees within client organizations through a customised mobile app available to each employee.
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"There is tremendous potential for innovation in the B2B food-tech arena as corporate spends on F&B are already massive and growing year-on-year. HungerBox addresses this large space with an easily scalable model and an end-to-end solution that provides a win-win to employees as well as to corporate clients," Kris Gopalakrishnan said.
HungerBox is promoted by GrowthStory, the venture-builder platform founded by serial entrepreneurs, K Ganesh and Meena Ganesh.
Disclaimer: No Business Standard Journalist was involved in creation of this content