TTSF Cloud One, a cloud kitchen startup, has raised $5.3 million (around Rs 40 crore) in a seed funding round led by Brand Capital, the investment arm of Bennett Coleman & Co Ltd. 

The startup plans to use the freshly raised funds to extend its reach to scale up tech infrastructure & brand building. Additionally, the startup will focus on the usage of technology, creation of its brands, as well as brand acquisitions, and expanding its footprint across tier 1 and tier 2 cities in India. 

Speaking on the development, Yeshwanth Nag Mocherla, Co-Founder of TTSF Cloud One, said,

“The Indian food tech space is at the cusp of disruption right now with largely unorganized brands operating in the market. We are now aiming to create, license, acquire & operate several brands using our technology stack, which will enable our eco-system brands to rapidly scale like never before & consolidate some categories. We believe, with economies of scale, it is very much possible to build an extremely interesting play within a short period.”

TTSF Cloud One | Internet-first Multi-brand Cloud Kitchen

In early 2021, the internet-first multi-brand cloud kitchen introduced a healthy food brand, ProwlFoods, with Bollywood actor Tiger Shroff. TTSF Cloud One operates another artisanal brand Wowffles and The ThickShake Factory, via its cloud kitchens. 

Yeshwanth Nag added that the cloud kitchen startup aims to operationalise 50 cloud kitchens, operating at least 350 Internet restaurants by the financial year-end.

“We understand what it takes to scale a food brand across multiple cities and countries via our experience with The Thickshake Factory having built 125 physical stores in India & the US across 25+ cities over the last 8 years, being bootstrapped & profitable. We are aiming to operationalise 50 cloud kitchens, operating at least 350 Internet restaurants by the financial year-end,” Yeshwanth added. 

Need legal assistance for your startup? Just contact us.

Follow us and connect with us on Instagram, Facebook, and LinkedIn.