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With the focus on growing its own company-owned and operated footprint, launching celebrity brands, and foraying into retail stores, Ghost Kitchens aims to achieve annualised revenue of approximately Rs 200 crore in the next 2 years.
Ghost Kitchens expands in Gujarat with Shy Tiger Brands acquisition, adding KBOB's and The Black Chimney. Founder Karan Tanna leads the strategic move, securing funding and acquiring Speak Burgers and technology firm WTF for further growth.
Ghost Kitchens India, a cloud kitchen startup, raised $5 million in a Series A funding round led by Gujarat Venture Finance Limited. The startup operates brands like Khichdi Paradise, Wakka Makka, and Bhayankar Burgers in Mumbai, Ahmedabad, and 40 cities in India.
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The round also saw participation from investors Dholakia Ventures, KRS Jamwal and Anikarth Ventures, among others. Existing institutional investors in the company include 100X.VC.