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BOX8 - Desi Meals

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BOX8 - Desi Meals
File:BOX8 Official Logo.png
Private
ISIN🆔
IndustryOnline Food Ordering
Founded 📆2012
Founder 👔Anshul Gupta, Amit Raj
Headquarters 🏙️Mumbai, India.
Number of locations
110+ stores across 4 cities
Area served 🗺️
Mumbai, Delhi, Pune, and Bangalore
Members
Number of employees
1000-2000
🌐 Websitehttps://www.box8.in
📇 Address
📞 telephone

BOX8[1] is an Indian food on demand service incorporated in 2012 by Indian Institute of technology (IIT) alumni, Anshul Gupta and Amit Raj.[2][3]

BOX8 operates in Mumbai, Bangalore, Pune, and Delhi and takes orders from its app and website.[4][5][6] BOX8 owns the entire value chain: procurement, food preparation, and last mile delivery.[4]

History[edit]

BOX8 was founded by Anshul Gupta and Amit Raj and incorporated in 2012.[2][7]

Anshul from IIT Mumbai was previously an analyst at Deutsche Bank and Amit, from IIT Kharagpur previously worked for Deutsche Bank as a senior analyst.[8]

Operations[edit]

BOX8 operates its cloud kitchens in 4 cities of India including; Mumbai, Pune, Bangalore, and Delhi.[4] The company has scaled up over 110+ stores and clocks 1 million orders per month across 4 cities.[9][10]

Funding[edit]

BOX8 Series A funding of US$3.5 million (Rs. 21 crore) was raised from Mayfield in 2015, followed the seed round.[11][12][13]

BOX8 raised US$7.5 million (Rs.50 crore) in its Series B round from IIFL Seed Ventures and Mayfield[14], and Series C round of funding of US$15 million(Rs.110 crore) led by Alibaba Group-backed technology, eWTP Ecosystem Fund.[15][16][17][18]

References[edit]

  1. "Box8 - Food delivery | Order food online in Mumbai, Pune, Bangalore and Gurgaon". box8.in. Retrieved 2020-11-20.
  2. 2.0 2.1 Farooqui, Maryam (2015-07-27). "Meals in a box, quick & easy". Business Standard India. Retrieved 2020-11-21.
  3. Bureau, BW Online. "Box8 Raises Rs 21 Crore". BW Businessworld. Retrieved 2020-11-21.
  4. 4.0 4.1 4.2 India, BusinessWire (April 1, 2019). "Box8 raises US$ 15 million at over US$ 100 million valuation to expand its cloud kitchens across India". India retailing. Retrieved 2020-11-21. Unknown parameter |url-status= ignored (help)
  5. CORRESPONDENT, HT (March 24, 2020). "Coronavirus: 5 food ordering apps that you can use during the lockdown". HINDUSTAN TIMES. Retrieved 2020-11-21. Unknown parameter |url-status= ignored (help)
  6. Bureau, Our. "Box8 food delivery start-up raises series A funding from Mayfield". @businessline. Retrieved 2020-11-21.
  7. Ambili (2016-10-26). "Food tech startup Box8 raises Rs. 50 Cr in Series B". StartUp360News. Retrieved 2020-11-21.
  8. Gupta, Anshul (Apr 21, 2015). "What it takes to be an entrepreneur: The first startup steps". The Economic Times. Retrieved 2020-11-21. Unknown parameter |url-status= ignored (help)
  9. Restaurant Industry News, Businessnewstoday (April 2, 2020). "Box8 raises $15m to expand cloud kitchens across India". Business News Today. Retrieved 2020-11-21. Unknown parameter |url-status= ignored (help)
  10. Kothiyal, Kavya (March 11, 2019). "Food delivery startup Box8 clocks 79% jump in FY18 revenue". Tech Circle. Retrieved 2020-11-21. Unknown parameter |url-status= ignored (help)
  11. Verma, Anuradha (May 7, 2015). "QSR startup Box8 raises $3.5M in Series A funding from Mayfield". VC CIRCLE. Retrieved 2020-11-21. Unknown parameter |url-status= ignored (help)
  12. Bizztor.com, Bizztor (May 7, 2015). "Food Delivery Startup Box8 Raises Rs 21 Cr In Series A Funding From Mayfield". BIZZTOR. Retrieved 2020-11-21. Unknown parameter |url-status= ignored (help)
  13. Gooptu, Biswarup. "Mayfield Fund invests Rs 21 crore in food technology startup Box8". The Economic Times. Retrieved 2020-11-21.
  14. Chakraborty, Sayan (October 24, 2016). "Food-tech start-up Box8 raises Rs50 crore". MINT, livemint.com. Retrieved 2020-11-21. Unknown parameter |url-status= ignored (help)
  15. Soni, Yatti (March 30, 2019). "Exclusive: Foodtech Startup Box8 Raises $15 Mn In Series C Round led By eWTP Ecosystem". INC42. Retrieved 2020-11-21. Unknown parameter |url-status= ignored (help)
  16. Entrackr, Team (March 30, 2019). "Updated: Box8 raises $15 Mn Series C round at over $100 Mn valuation". ENTRACKR. Retrieved 2020-11-21. Unknown parameter |url-status= ignored (help)
  17. "Cloud Kitchens startup Box8 raises $15 mn in series C | IIFL OS". www.iiflamc.com. Retrieved 2020-11-20.
  18. Team, S. A. (2019-03-30). "Box8 raises $15 million in a series C funding round led by eWTP Ecosystem". Start Up Article. Retrieved 2020-11-21.


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