# WhyQ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/whyq

- Industry: Food
- Headquarters: Singapore, Singapore
- Website: www.whyq.sg
- Total disclosed funding: $4.7M
- Latest round: Series A (Aug 24, 2023)
- Investors on record: 9

## About

Based in Singapore, and founded in 2014 by Varun Saraf and Rishab Singhvi, WhyQ is a digital hawker ecosystem. The company holds a partnership with 2,500 hawker stalls. The company is delivering approx. 3,000 meals daily to more than 2,20,000 customers. Few of the company hawker alliance includes shaker lakers, da sa yuan, homemade curry, e food fun, and many others. The company geographically covers all the districts including Bugis, Bedok, Paya Lebar, Chinatown, and many more. The company partners include capital land, DBS, and many more.


The firm provides the opportunity for the people of Singapore to taste the food from a wide variety of hawkers whenever and wherever they want. The company offers a hawker-first digital ecosystem through which hawkers can deliver cooked food which includes a wide variety of cuisines and even they can order raw materials for their own use and can get integrated with POS systems. Additionally, the company also provides the catering service to the corporate entities till now it has delivered 583 catering to 356 companies.


The company earns its revenue by charging for its delivery, food, and products like UDS 1.50 as the delivery fee, USD 5/pax for team lunch bento, USD 6/pax for a variety bento, USD 25 for back-to-office care packs, and many more.

## Funding rounds

- Series A, Aug 24, 2023, $3.6M — The Chope Group Pte Ltd, Delivery Hero SE, Angel Central Syndicate, Kairos Capital Group, JN Technologies Pte. Ltd.
- Seed, Dec 6, 2019, $1M — RB Investments, Mazarus Ltd, Guf Holding ApS, HH Family

## Investors

- RB Investments (https://capitalatlas.ai/funds/rb-investments) — Seed
- Mazarus Ltd — Seed
- Guf Holding ApS — Seed
- HH Family — Seed
- The Chope Group Pte Ltd — Series A
- Delivery Hero SE — Series A
- Angel Central Syndicate (https://capitalatlas.ai/funds/angel-central-syndicate) — Series A
- Kairos Capital Group (https://capitalatlas.ai/funds/kairos-capital-group) — Series A
- JN Technologies Pte. Ltd. — Series A