India: Ready-to-eat startup Chefs Basket raises $6m from SAIF partners, Haresh Chawla of IVFA

Visual from Chefs Basket website

Ready-to-eat food start-up Chefs Basket has raised $6 million (about Rs 40 crore) in series A funding from private equity firm SAIF Partners and Haresh Chawla, partner at India Value Fund Advisor, according to a report in The Economic Times.

The investors were issued fresh equity in the company against the funds raised. The investment also gives Vishal Sood of SAIF Partners a seat on the board of Mumbai-based Fizzy Foodlabs, the owner of Chefs Basket.

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