Food robotics company Mukunda Foods has raised $8 million in a funding round led by Zomato, taking the company’s post-money valuation to $30 million. Zomato invested $5 million as part of the funding round.
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The company had previously raised funds from Ncubate Capital, Singapore Angel Network, and Indian Angel Network. The company plans to utilise funds to expand its reach across QSRs, cloud kitchens, and the fine dining segment. The company also plans to use a part of the raised capital to introduce services to help the F&B businesses scale.
Mukunda said its products enable restaurants to scale rapidly while maintaining consistency in food quality and customer experience across multiple outlets.