Ratan Tata invests in food-tech start-up Holachef

The investment in Holachef would take Tata's investment in new age technology start-ups to more than 10

Ratan Tata, chairman emeritus of Tata Sons, has made a personal investment of an undisclosed amount in the food-tech start-up, Holachef. The portal is like a marketplace for professional and amateur chefs to sell meals. This would take Tata’s investment in new age technology start-ups to more than 10.

Launched in September 2014 by Saurabh Saxena and Anil Gelra, Holachef  has seen tremendous growth and a rapidly increasing customer base in Mumbai and more recently, Pune. Saurabh Saxena, co-founder and chief executive, said, “We are truly honored to be associated with one of India’s most dynamic business leaders and the most renowned icon of Indian entrepreneurship globally.

With his guidance, Holachef is sure to become a leader in the food-tech space, with customer delight at its core. By winning his trust, we have raised the bar of quality and excellence for ourselves.”

Holachef had raised Series A funding of Rs 20 crore in a round led by Kalaari Capital in June. AnandLunia’s India Quotient also participated in this investment. Holachef had raised a seed fund of Rs 2 crore from India Quotient in February 2015.

Holachef was launched for retail consumers in September 2014 in Mumbai's Powai area. Currently, its services are available in Mumbai and Pune. One can place orders through the website (www.holachef.com) or mobile app on Android and iOS.