Hoi Foods operates a network of cloud kitchens under the Hoi Foods brand and several affiliated food brands, and runs a dark-shop model called Hoi Stores for hyperlocal delivery through aggregators. The company was founded in 2017 by Pawan Raj Kumar and Indrajeet Roy and is Gurugram-based. It claims to have more than 150 cloud kitchens across Delhi-NCR and Bengaluru and houses brands including Jacky Ching, Hoi Cafe, Deez Biriyani Ketofy, Nirula’s, Misht, Smoodies and Cold Love. The firm says it will use new capital to expand its network, improve technological infrastructure and strengthen its supply chain. Financially, Hoi Foods previously raised $500,000 in a seed round in November 2018 and has now completed a bridge pre-Series A round. The company aims to scale its presence in the cloud-kitchen ecosystem using the fresh funding.

Total raised

$2M

Funding rounds

1

Latest round

Series A

Latest activity

May 2020