# Chefs Basket

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chefs-basket

- Industry: Food
- Headquarters: Mumbai, India
- Website: www.chefsbasket.com
- Total disclosed funding: $6.1M
- Latest round: Series A (Sep 10, 2015)
- Investors on record: 3

## About

Chefs Basket is an online platform dedicated to providing premium culinary domain names, enhancing brand visibility for businesses in the food industry. It caters to various culinary services, ensuring strong digital presence and engagement.Chefs Basket operates as an online domain provider specifically targeting the culinary sector. Founded by Ridoy Hasan, the company is headquartered in Mumbai, India. In June 2019, it raised INR 79.99 million in a funding round led by HT Media, bringing its total amount raised to INR 79.99 million with a current valuation of INR 1447.154 million.ChefsBasket.com specializes in the sale of premium domain names tailored for the culinary industry. The primary offering is the domain itself, which acts as a digital address for businesses seeking to boost their online presence. The domain supports various applications such as e-commerce, food delivery, culinary blogs, and recipe sharing, addressing challenges related to brand visibility. It targets restaurant owners, food service providers, culinary influencers, and online retailers, making it available for purchase in regions like North America, Europe, and Asia.For the year 2019, Chefs Basket reported a revenue of INR 465,070.10 and an EBITDA of -INR 1,313,009.70. The revenue model is based on the direct sale of its domain priced at USD 3,795 or as a payment plan of USD 316.25 per month for 12 months, allowing customers immediate access upon purchase completion and a 30-day satisfaction guarantee.Following the recent funding round in June 2019, Chefs Basket plans to leverage the INR 79.99 million raised to expand its offerings and enhance its market presence. The company is exploring new product launches aimed at providing additional services related to culinary digital assets and plans to target expansion into emerging markets in Southeast Asia by 2022. This strategic focus aims to diversify its product range and reach a larger client base in the fast-evolving culinary domain.

## Funding rounds

- Series A, Sep 10, 2015, $6.1M — SAIF Partners, Trifecta Capital, Elevation Capital

## Investors

- SAIF Partners (https://capitalatlas.ai/funds/saif-partners) — Series A
- Trifecta Capital (https://capitalatlas.ai/funds/trifecta-capital) — Series A
- Elevation Capital — Series A