HungerBox raises $4.5 million in Series A funding

HungerBox is focused on the B2B space and operates over 100 digital cafeterias for more than 75 corporate clients including Qualcomm, Microsoft, Accenture, Amazon and McKinseyMugdha Variyar  |  ET Bureau  |  July 05, 2018, 14:39 IST
B2B food tech company HungerBox , has closed a $4.5 million Series A investment round led by South Korea-based investment firm Neoplux, and India-focussed PE fund, Sabre Partners, with participation from Lionrock Capital (Singapore) and Infosys Co-founder Kris Gopalakrishnan.

This comes months after the company raised $2.5 million in pre-series A funding in January, led by Lionrock Capital and Gopalakrishnan.

Started in 2016, HungerBox, which is promoted by Growth Story, is focused on the B2B space and operates over 100 digital cafeterias for more than 75 corporate clients including Qualcomm, Microsoft, Accenture, Amazon and McKinsey, across Bangalore, Chennai, Hyderabad, Mumbai, Pune, Delhi/NCR and Jaipur.

HungerBox clocks more than six million orders a mont across 160 digital cafeterias that it currently manages around the country for corporations including Qualcomm, Microsoft, FirstSource, Accenture, CapGemini, Genpact, ABB and McKinsey.

The company said the new funds will be deployed to support HungerBox’s rapid growth in India as well as fuel the company's expansion into the South East Asian market.