48East Acquired
Bengaluru-based gourmet Asian food startup founded in August 2016 by Joseph Cherian and Nabhojit Ghosh that provided Asian gourmet food at an affordable price, operating two kitchens (Indiranagar and Marathahalli) processing over 100 orders a day, before being acqui-hired by Swiggy in December 2017 to help build Swiggy's New Supply / Swiggy Access business line.
48East: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Feb 2017 ~ | Pre-Series A | $500K | Al Dhaheri Family | source |
| Aug 2016 ~ | Angel | $250K | ACPL Exports | source |
Acquisitions
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Who founded 48East?
48East was founded by Joseph Cherian, Nabhojit Ghosh in 2016.
How much funding has 48East raised?
48East has raised $750K across 2 tracked funding round(s), most recently on 2017-02-01. Figures are compiled from cited public sources.
Who are the investors in 48East?
Investors in 48East include Al Dhaheri Family, ACPL Exports.
What does 48East do?
Bengaluru-based gourmet Asian food startup founded in August 2016 by Joseph Cherian and Nabhojit Ghosh that provided Asian gourmet food at an affordable price, operating two kitchens (Indiranagar and Marathahalli) processing over 100 orders a day, before being acqui-hired by Swiggy in December 2017 to…
Where is 48East headquartered?
48East is headquartered in Bengaluru, India.
What is 48East's business model?
48East's core value proposition centers on Affordable Asian gourmet food.