Cookifi a chef and cook hiring platform has raised an undisclosed amount of seed funding from Aneesh Reddy Co-founder and CEO of Capillary Technologies, Tracxn Labs, Kunal Shah Chairman of FreeCharge, Venkat Tadanki CEO of Secova, Amit Rathore, Founder and CEO of Quintype, Krishna Mehra Co-founder at Capillary Technologies and other angels through Tracxn’s curated funding platform TracxnSyndicate.
The funding will be utilised to expand the operations in other cities and to extend its technology solution. When it comes to menu planning and house party it aims to use technology to provide customization.
Cookifi was founded in 2015 by Harsh Singla, Ajay Modani and Prachi Malu. It allows the users to discovers chefs and cooks around the area. It caters to private parties, birthday, kitty parties, hosting get together, etc. It serves cook on demand for working professional, big families and homemakers.
It claims to have served more than 3500 customers so far. Service provider can rate the customer and customer can rate the service provider after every job. It provides a hassle free experience with quick online payments & Transparent pricing.
Neha Singh of Tracxn said,
“We’re convinced by Cookifi’s mission to organize a large addressable market in the unorganized sector. We see a growing appetite for an on-demand chef service as India’s millennials work longer hours than the previous generation, and they don’t have the time or inclination to cook an elaborate meal. Building a world class customer experience is at the core of such a service, and we’re confident that the Cookifi team will maintain it at scale.”
Harsh Singla, Co-Founder of Cookifi said
“Keeping current traction in mind, we estimate on an average a customer will use Cookifi on Demand three times a month and Cookifi experience once in a month. With this, we estimate the market size to be $20.6 Bn in top six cities of India.”
Tracxn launched an Angel Network TracxnSyndicate. Tracxn was started in 2013 by Neha Singh and Abhishek Goyal. It helps the startups to raise funds from value added angels. TracxnSyandicate has more than 4k investors on board and helped startups to raise capital. Tracxn keeps a track of over 230 sectors including enterprise applications, enterprise infrastructure, consumer, technology, health, digital marketing, education and mobile.
Tracxn current clients include private equity firms, corporate development teams and venture capital funds who uses its data for deal discovery i.e to spot merger, strategic partnership and investment opportunities in different sectors.
Tracxn rasied angel funding from a bunch of investors which includes Ratan Tata, Binny Bansal & Sachin Bansal founders of Flipkart, Mohandas Pai, Nandan Nilekani, Anand Rajaraman co-founder of Junglee, Whatsapp’s Neeraj Arora and $3.5 Million in Series A round from SAIF Partners.
Ajay Modani CO-founder of Cookifi said,
“One of the most important things when you are planning a party at home, be it a kids birthday, get together or day-to-day cooking, is food and there is a huge gap between high volume caterers and regular cooks. There was no right platform or source to hire professional chefs or cooks for such occasions. Cookifi is using technology to make chefs and cooks more accessible to book on demand, with the ease of a tap.”