• About
  • News
  • Events
  • Media Kit
  • Advertise
  • Subscribe
  • Contact Us
  • Online Magazine
  • Newsletter
  • Türkçe
No Result
View All Result
Food Turkey
No Result
View All Result
Food Turkey
No Result
View All Result
Isthara raises $10 million in fresh funding round to expand presence in the retail food-tech segment

Isthara raises $10 million in fresh funding round to expand presence in the retail food-tech segment

Yaren by Yaren
13/10/2022
in Company News
Reading Time: 2 mins read
A A

 

Isthara, India’s premium co-living brand and Smart Food Court pioneer, has raised fresh funding of $10 million led by Dubai-based Eagle Investments. The current funding round brings Isthara’s total fund-raise to about $21 million.

Isthara, which currently operates in the co-living and institutional smart food court space, will deploy the new funds to foray into the B2C retail food court space and expand its presence in the co-living sector. While Isthara has witnessed immense growth in the B2B institutional cafeteria segment, the company aims to replicate this business success in the B2C space by launching smart food courts across retail locations such as malls, with an aim to become the pan-India market leader in the food court segment. Additionally, with the company’s foray in to the B2C food retail segment, it will also be able to widen the customer base potential and not be limited by a captive audience as is the case with institutional cafeterias. Isthara aims to scale the food court business by 10X to 500 food courts across 30 cities in the next 3 years, catering to a million people on a monthly basis. Additionally, the funding will also be utilized to double bed capacity in the company’s co-living and student accommodation segments to around 50,000 beds by 2025, and the company aims to achieve a 10X revenue growth in the next 3 years.

Founded in 2017, Isthara, placing tech at the core of its business, has been revolutionizing the co-living segment by providing fully-furnished shared-living accommodation for working professionals and students, with a host of amenities paired with premium features. In 2020, the company ventured into a new segment by pioneering the digitized smart food court business, and transforming conventional institutional food courts across educational institutes and corporates.

Tags: #food#food-tech#foodcourt#foodingredients#foodtechnology#foodtechologies#India#internstional#Isthara#pan-India#smart#smartfoodcompanyFoodsfoodtech
Previous Post

Viterra completes its acquisition of Gavilon

Next Post

Nature’s One® introduces the first clinically studied organic infant formula

Yaren

Yaren

Related Posts

Arla Foods Ingredients showcases protein soda concept at Vitafoods Europe
Company News

Arla Foods Ingredients showcases protein soda concept at Vitafoods Europe

by fdturkey
15/05/2025
First-of-its-kind: Nomura Dairy and Probi introduce probiotic-enhanced carrot juice to Japan
Company News

First-of-its-kind: Nomura Dairy and Probi introduce probiotic-enhanced carrot juice to Japan

by fdturkey
15/05/2025
Givaudan launches next-generation innovation for stress management with Zensera™
Company News

Givaudan launches next-generation innovation for stress management with Zensera™

by fdturkey
15/05/2025
Ardent Mills introduces cocoa replace to address cost and supply instability
Company News

Ardent Mills introduces cocoa replace to address cost and supply instability

by fdturkey
15/05/2025
Nature’s Bakery Unveils New Flavor Extensions for Two Family-Favorite Product Lines
Company News

Nature’s Bakery Unveils New Flavor Extensions for Two Family-Favorite Product Lines

by fdturkey
15/05/2025
Next Post
Fonterra to close Brightwater milk powder plant

Nature's One® introduces the first clinically studied organic infant formula

Smurfit Kappa to invest $100 million to drive down emissions in Colombia

Smurfit Kappa to invest $100 million to drive down emissions in Colombia

Walkers invests £14m in new packaging solutions

Walkers invests £14m in new packaging solutions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ONLINE MAGAZINE

The Latest Video News

Newsletter

  • About
  • News
  • Events
  • Media Kit
  • Advertise
  • Subscribe
  • Contact Us
  • Online Magazine
  • Newsletter
Call us: +90 212 454 22 22

© Copyright 2025, All Rights Reserved

No Result
View All Result
  • About
  • News
  • Events
  • Media Kit
  • Advertise
  • Subscribe
  • Contact Us
  • Online Magazine
  • Newsletter

© Copyright 2025, All Rights Reserved