Cloud kitchen brand Hustlers Hospitality bags Rs 7 Cr in seed round

Asset Light Food Tech startup Hustlers Hospitality has secured a funding of INR 7 CR ($ 0.9 Mn) from Falisha Technoworld.

It owns 36-plus brands of Cloud Kitchens and QSR brands with currently operating 400-plus Internet restaurant listings.

Hustler’s USP is the business model itself, they scale in-house cloud kitchen brands majorly through “Growth Hack model” which is designed to partner with existing restaurateurs and gives them an opportunity to earn incremental sales/ additional profit from a new line of cloud kitchen business using already invested real estate, kitchen equipment and manpower.

“We are pleased to raise these seed fund and would like to thank our partner in realizing the vision that we had set out for our in-house multi cuisine multi brand kitchen. “The future is bright”, we have a lot of plans to take our brand to the next level and this funding will help us move in the right direction and be the fast mover in the cloud kitchen space,” shared Krunal Oza, Founder, Hustlers Hospitality.

The brand has also acquired a 31 percent stake in Consulting firm “My Cloud Kitchen” and also plan to extend hospitality consulting service vertical to other cities, metro & tier 2 and 3 in the near future.

They intend on using this funding for accelerating their growth and market expansion, reaching across 6 cities through 9+ dedicated central kitchen by the end of this financial year. Besides, the startup will also use the funding for hiring and SOP development.

Hustlers Hospitality aims to raise another round of funding, Series A by the end of FY 22.

Founded in 2020, Hustlers Hospitality helps existing restaurateurs start up Multiple Cloud Kitchen brands from existing kitchens to gain more orders through online delivery.” Hustlers Hospitality also scales through new franchisee sign ups and helps them with end-to-end setting up of cloud kitchen & QSR franchise business.

Hustlers brands are currently present with cloud kitchen operations in Mumbai, Pune, Bangalore, Delhi, Hyderabad, Surat, Ahmedabad, Ludhiana, Chandigarh, Patna and Darbhanga and counting to add national and international kitchens, within this year.