Bueno Foods Pvt. Ltd, a food tech start-up that delivers gourmet food, has raised $600,000 pre-series funding from an undisclosed angel investor, said the company on Thursday.
This is the first funding that the company has received from external sources, said the company statement.
The Gurgaon-based company said that the new funds will be used for talent acquisition, technology upgradation, operations, data analytics and expansion plans of the company.
Founded by Rohan Arora and Pankaj Sharma, Bueno currently operates in the National Capital Region. Arora said that the new investments will help its ambitions to build a one-stop global food shop. “Apart from this we are also aiming for sustainable long-term business and not in a hurry for mindless growth,” he said.
Food tech companies in India have attracted investor interest in recent times. Tiny Owl, a Mumbai-based food tech start-up, is said to be in advanced talks to raise $50 million. The company raised Rs.100 crore in February. Food tech delivery start-up Swiggy raised Rs.105 crore in June this year.