India: KhanaGadi raises undisclosed funding from 50K Ventures

KhanaGadi, a food delivery aggregator supplying plated meals and combos to train passengers at 150 railway stations in the country, raised undisclosed round from Hyderabad-based early stage growth fund 50K Ventures. KhanaGadi is owned by GBS Travel and FoodTech Pvt. Ltd.

The Jaipur-based start-up will use the money to double its station network, recruit teams at different locations and market the product. KhanaGadi is aiming to serve 1,000 customers a day in 300 stations by next year.

“KhanaGadi has hand-picked the particular space where travellers truly undergo a great deal of struggle to find decent food,” Sanjay Enishetty, co-founder of 50K Network, said in a statement. “With KhanaGadi solving such a major issue that most of the Indians face, I think hygienic and delicious food with different options would soon be available at every station with just an order through your app.”

KhanaGadi’s menu and packaging has been designed keeping the environment of train in mind. If a train is running late, the app reschedules food delivery accordingly.

KhanaGadi competes with New Delhi-based TravelKhana (Duronto Technologies Pvt Ltd), Patna-based RailRestro (Yescom India Softech Pvt Ltd), YatraChef and TravelerFood among others.

Also read:

India’s food delivery startups head for shakeout as venture capital dries up

Food delivery start-up Swiggy tries out surge pricing model

This article was first published on Livemint.com

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.