Description
ChefKart aims to revolutionalize the way we manage our kitchens. People face a number of hardships while making arrangements for their daily meals- unavailability of well-trained chefs, mundane meal choices, unannounced no-shows by cooks, buying groceries, managing gas bills and so on. ChefKart is a one-stop solution to all these problems. People may use ChefKart’s mobile application and website to not only hire skilled chefs but also manage their entire kitchen inventory right from groceries to gas bills. The Total Available Market for the subscription-based at-home cooking services sector covers $1.2 billion. Additionally, there is also a market for on-demand services for occasions and gatherings. The Serviceable Available Market, for metro cities alone, is $0.6 billion, and the Serviceable Obtainable Market is $120 million.
Details of the round –
The company is looking to raise INR 1.5 Cr using CCPS with a pre-money valuation of INR 15 Cr
The company has already received a commitment of INR 70 lakh from other Angel Investors.
They are looking to raise 50 lacs from Lead Angels Network. The minimum commitment to the company is INR 5 Lakhs. In case commitments exceed the ask amount, allotment will be on the “First Come, First Serve” basis.
