# Mukunda Foods Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mukunda-foods-pvt

- Industry: Industrial Machinery
- Headquarters: Bangalore, India
- Website: www.mukundafoods.com
- Total disclosed funding: $0.5M
- Latest round: Series A (Jun 27, 2015)
- Investors on record: 4

## About

Mukunda Foods Pvt. Ltd. is an Indian company specializing in kitchen automation, providing advanced robotic equipment designed to enhance operational efficiency for quick service restaurants and cloud kitchens.Founded in 2012 in Bangalore, India, Mukunda Foods Pvt. Ltd. focuses on developing kitchen automation solutions. The company's recent evolution includes securing significant funding, with a Series B round led by Zomato™ Ltd. on March 17, 2022, raising INR 413.95 mn. Sudeep Sabat is the founder, and Eshwar Vikas serves as the CEO. The company has completed 8 deals and has reached a current valuation of INR 2638.658 mn.Mukunda Foods specializes in kitchen automation solutions aimed at enhancing operational efficiency for quick service restaurants (QSR) and cloud kitchen brands. The company offers a range of robotic kitchen equipment, including the DosaMatic, which can produce one dosa per minute, the Eco-Fryer that optimizes frying processes, and the CombOV, a versatile combi oven. Their products address operational challenges in the food service industry by ensuring consistent food quality while reducing reliance on skilled labor and minimizing costs.In the most recent fiscal year, Mukunda Foods reported revenue of INR 1237029.6 and an EBITDA amount of -1903371.6.Mukunda Foods plans to leverage the INR 413.95 mn raised in its Series B funding to scale its business operations, reduce food prices for restaurants, and enhance customer satisfaction. The company is focused on launching new kitchen automation products designed to meet evolving market demands and aims to expand into international markets to reach a broader customer base by 2023.

## Funding rounds

- Series A, Jun 27, 2015, $0.4M — Indian Angel Network, Singapore Angel Network, Manipal Media Networks
- Angel, Apr 13, 2014, $0.1M — Indian Angel Network, Amity Technology Incubator

## Investors

- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Angel, Series A
- Amity Technology Incubator — Angel
- Singapore Angel Network (https://capitalatlas.ai/funds/singapore-angel-network) — Series A
- Manipal Media Networks — Series A