ChefKart Raises $2 Million Seed Fund The fund raised will be utilized to further ChefKart's vision to become the lead provider of subscription-based at-home cooking services in Gurugram and expansion to other geographical territories

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

ChefKart, a Gurugram-based at-home cooking services platform, has raised $2 million in Seed funding round led by Pravega Ventures and Blume Ventures. The round also witnessed participation from Deepinder Goyal, Titan Capital, Kunal Shah, Tremis Capital, Lets Venture and other prominent angels. The fund raised will be utilized to further ChefKart's vision to become the lead provider of subscription-based at-home cooking services in Gurugram and expansion to other geographical territories.

"We have served over more than 3200 families and are managing over 2300cooking sessions daily with a 15 per cent MOM growth 3 co-founders being Guptas, cost-saving is our DNA. Urban Company shutting down their chef services again makes us the market leader and proves our mantle of running and building a large-scale enterprise," said Vaibhav Gupta, CEO and founder, ChefKart.

ChefKart is transforming the hospitality industry by upskilling the unorganized home cooking spacer. The company has also built hyperlocal marketing and established supply control in Gurugram, with strategic plans for the upcoming expansion to other regions. It has launched new lines of business, Chef for parties, and the team is also working on expanding through adjacencies available in the business, as per company statement.

"ChefKart is driven by the idea to digitize an essential service that is largely unorganized. They are the pioneers in streamlining an industry with tremendous untapped market potential in capturing customer food wallets. By also empowering the local community, they are on their way to developing a complete ground-to-customer supply-demand chain. It may be a challenging process, but the positive cash cycle model of ChefKart has significantly changed the wat at-home cooking functions in India," said Mukul Singhal, co-founder and partner, Pravega Ventures.

Founded in 2020 by Vaibhav Gupta, Aman Gupta and Arpit Gupta, to solve the problem of the lack of reliable at-home cooking services. The company forecasts aggregation on top of the grocery delivery space, with a goal to capture the time spent by consumers planning their daily meals and their arrangements.

According to market studies, the food service market size is estimated to reach $95.75 billion by 2025 with a CAGR of 10.3 per cent.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Leadership

From Elite Athletes to Tech Titans — Discover the Surprising $100-Million Habit That Leads to Extraordinary Success

Success comes from mastering focus, eliminating distractions and prioritizing what truly matters.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

'I Want the Best People on Our Teams': Meta Is Laying Off More Than 3,000, CEO Mark Zuckerberg Calls for 'Extensive Performance-Based Cuts' — Read the Memo

In an internal memo shared on Tuesday, Zuckerberg said it's "going to be an intense year" at the company.

Growing a Business

How Meta Generated $32 Billion in Ad Revenue Last Quarter — and How You Can Create Million-Dollar Weekends Using the Same Strategies

Meta's staggering $32 billion quarterly ad revenue isn't just about size; it's about strategy, systems and execution as well.

News and Trends

NeoSapien Secures INR 80 Lakhs on Shark Tank India 4 for AI Wearable

Founded in 2024 by Dhananjay Yadav and Aryan Yadav, NeoSapien aims to integrate AI into daily life through its wearable technology