EatClub, the parent company of popular cloud kitchen brands like Box8 and Mojo Pizza, aims to secure Rs.185 crore (approximately $22 million) in its current funding round. Tiger Global is at the forefront of the round, joined by A91 Partners and 360 ONE Asset Management.

According to the submission to the Registrar of Companies (RoC), EatClub’s board has sanctioned the issuance of 11,830 preference shares to collect this sum, with Tiger Global contributing Rs.126 crore, A91 Partners contributing Rs.37.5 crore, and 360 ONE Asset Management contributing Rs. 21.2 crore, via its Monopolistic and Opportunity Fund. The business might bring on additional investors in this round later.

EatClub plans to utilize the new funds to widen its business, increase its geographical presence, and improve its operations.

Anshul Gupta and Amit Raj established EatClub to manage several food brands using a cloud kitchen concept, where meals are prepared for delivery instead of on-site dining. EatClub manages brands comparable to Box8 and Mojo Pizza, as well as brands such as Bhatti Chicken, NH1 Bowls, and ZAZA Biryani. It manages a total of 16 food brands in various cities throughout India.

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The company is showing significant enhancement in its financial performance. For the fiscal year ending in March 2024 (FY24), EatClub reported operating revenue of Rs.515.5 crore. EatClub successfully lowered its losses from Rs. 69 crores in FY23 to Rs. 15.77 crore in FY24, marking a 77 percent decrease in losses. Financial results for FY25 are unavailable.

This is one of the uncommon funding rounds led by Tiger Global in 2025; earlier in the year, they spearheaded a $125 million round for Infra.Market.

EatClub faces significant competition. They are presently in competition with Rebel Foods, the largest competitor of EatClub, which secured $210 million in funding last year. Rebel Foods generated revenue of Rs.1, 420 crore and incurred a loss of Rs.378 crore in FY24. Additional rivals in the cloud kitchen and food delivery sector consist of Freshmenu, Eatfit by Curefoods, and BBK.

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EatClub intends to enhance its status and expansion in the competitive Indian food-tech sector with this latest capital infusion.