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Charcoal Eats in pre-series A funding, raises Rs.5 crore

Charcoal Eats, a Mumbai based QSR startup has raised Rs.5 crore, in a pre-series A round of funding.

They are currently operating 22 outlets across six Indian cities such as Mumbai, Thane, Pune, Delhi-NCR. By 2018, they are targeting to have more than 60 outlets in 10 cities.

Anurag Mehta, co-founder and CEO, Charcoal Eats stated, “We have successfully achieved consistency and scalability in the Indian QSR segment which are two major challenges in this space. Our strong product focus enabled by in-house technology is at the heart of our business. In the last 2 years, we have served over half a million customers and enjoy a high customer satisfaction, resulting in repeat business of over 50%. The new investment reiterates our commitment towards building a sustainable and scalable Indian QSR offering consistent quality across the country.”

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