The week that was: From the rise of robots in Rebel Foods’ kitchens to the launch of iSeed II
This week, we also bring you how healthcare solutions provider Hanuman, bringing emergency care home, and the rise of Indian cybersecurity startups.
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At present, the largest cloud kitchen restaurant chain in India, the company began life as a brick-and-mortar business with one brand, Faasos, in 2011.
Wokie by Rebel Foods, a automated wok in their dark kitchens
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It soon transitioned all outlets to cloud kitchens, and now runs more than 350 cloud kitchens with popular brands such as Behrouz Biryani, Mandarin Oak, Oven Story, and Sweet Truth in India, and a clutch of other brands in the UAE, South East Asia, and the UK.
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AngelList India Head Utsav Somani who is responsible for bringing the Naval Ravikant and Babak Nivi-co-founded startup-investment platform to India is launching
iSeed II, a
$15 million micro-fund to support over
50 Indian tech startup founders and help them access venerable names from Silicon Valley, many of whom are backing the fund.
The launch of iSeed II which comes less than a year after the launch of iSeed I in May 2020 is buoyed by Utsav’s conviction that the next decade truly belongs to Indian tech entrepreneurs and that any company that leverages technology will stay ahead of the crowd.