- April 19, 2021 / 8 min readIt has also partnered with brands like Baskin Robbins, Keventers, Tibbs Frankies, The Brooklyn Creamery & Beijing Street through its 50+ cloud kitchen.
Mumbai Angels Network, along with California-based accelerator Expert DOJO and 3 other marquee angel investors, has invested close to USD 150,000 in India’s first cloud kitchen platform and Huddle-backed ZFW Hospitality.
ZFW will be utilizing the funds to expand its presence in the western region, hire top talent, and increase its network to 300+ cloud-based restaurants before raising a larger amount of funds in the next round.
ZFW will deploy a part of the proceeds to improve AI and Data Analytics Capabilities on the ZFW-OS platform that helps streamline operational efficiency and overhead costs.
“Having witnessed the rapid shift towards delivery & asset-light models on the front lines over the past 6 years, we’re excited to play a key role in the consumer ecosystem,” shared Madhav Kasturia, Founder of ZFW.
Commenting on the investment, Nandini Mansinghka, Co-Promoter, and CEO of Mumbai Angels Network said, “Cloud Kitchen and Fulfilment Network ZFW will help recognize F&B brands maximize utilization of kitchen space and enable their asset-light expansion. This will help them scale up rapidly to cater to the growing consumer demand across geographies. It will also help brands that are on the path to profitability and have already figured out their unit economics”.
ZFW helps F&B & D2C brands grow sustainably through its vast network of cloud kitchens & fulfilment centers.
The company has been in the news for its partnerships with notable brands like Baskin Robbins, Keventers, Tibbs Frankies, The Brooklyn Creamery& Beijing Street to help boost profitability through its 50+ cloud restaurants across India.
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