Kitchens@ Overview
- Year Founded
-
2018
- Status
-
Acquired/Merged
- Employees
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129
- Latest Deal Type
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M&A
- Latest Deal Amount
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$145M
- Investors
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1
Kitchens@ General Information
Description
Provider of ready-to-occupy kitchens intended to create an environment for cooking, innovation, and connection. The company's kitchens provide a space to partners for planned expansions without investment, build the gap between the demand and supply of food joints, identify quality brands with strong values and support them, and share operational expertise to scale up, enabling restaurants to increase productivity and profitability.
Contact Information
Website
www.loyalhospitality.in(Operating Subsidiary)
Corporate Office
- Number 14, 4th Floor, Yolee Grande, Pottery Road
- Frazer Town
- Bangalore, Karnataka 560005
- India
Corporate Office
- Number 14, 4th Floor, Yolee Grande, Pottery Road
- Frazer Town
- Bangalore, Karnataka 560005
- India
Kitchens@ Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 27-Jun-2024 | $145M | Completed | Generating Revenue | ||
| 5. Later Stage VC (Series C) | 21-Dec-2023 | Completed | Generating Revenue | |||
| 4. Debt - General | 06-May-2020 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series B) | 11-Feb-2020 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 10-Oct-2018 | $4.55M | $19.3M | Completed | Generating Revenue | |
| 1. Corporate | 14-Jun-2018 | $14.8M | $14.8M | Completed | Generating Revenue |
Kitchens@ Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Preference | ||||||||
| Series B | ||||||||
| Series A | 801,370 | $0.140260 | $5.78 | $5.78 | 1x | $5.78 | 32.26% | |
| Ordinary | 6,081 | $0.140260 | $5.78 | $5.78 | 1x | $5.78 | 0.24% |
Kitchens@ Comparisons
Industry
Financing
Details
Kitchens@ Competitors (2)
One of Kitchens@’s 2 competitors is Ghost Kitchens, a Venture Capital-Backed company based in Ahmedabad, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ghost Kitchens | Venture Capital-Backed | Ahmedabad, India | ||||
| Dil Foods | Venture Capital-Backed | Bangalore, India |
Kitchens@ Signals
Kitchens@ Former Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| BEENEXT Capital Management | Venture Capital | Minority | ||
| Eternal (Gurugram) | Corporation | Minority | ||
| EvoluteIQ | PE-Backed Company | Minority | ||
| Kube VC | Venture Capital | Minority | ||
| Swiggy | Corporation | Minority |
Kitchens@ Acquisitions (2)
Kitchens@’s most recent deal was a Merger/Acquisition with Swiggy Access. The deal was made on 01-Mar-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Swiggy Access | 01-Mar-2023 | Merger/Acquisition | Other Commercial Services | ||
| Kitchens Centre | 05-Mar-2022 | Merger/Acquisition | Buildings and Property |
Kitchens@ FAQs
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When was Kitchens@ founded?
Kitchens@ was founded in 2018.
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Where is Kitchens@ headquartered?
Kitchens@ is headquartered in Bangalore, India.
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What is the size of Kitchens@?
Kitchens@ has 129 total employees.
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What industry is Kitchens@ in?
Kitchens@’s primary industry is Other Restaurants, Hotels and Leisure.
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Is Kitchens@ a private or public company?
Kitchens@ is a Private company.
-
What is the current valuation of Kitchens@?
The current valuation of Kitchens@ is .
-
What is Kitchens@’s current revenue?
The current revenue for Kitchens@ is .
-
How much funding has Kitchens@ raised over time?
Kitchens@ has raised $84.3M.
-
Who are Kitchens@’s investors?
BEENEXT Capital Management, Eternal (Gurugram), EvoluteIQ, Kube VC, and Swiggy are 5 of 6 investors who have invested in Kitchens@.
-
Who are Kitchens@’s competitors?
Ghost Kitchens and Dil Foods are competitors of Kitchens@.
-
When was Kitchens@ acquired?
Kitchens@ was acquired on 27-Jun-2024.
-
Who acquired Kitchens@?
Kitchens@ was acquired by Invesdor.
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