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Funding roundup: Bite Club and Process9 raise $500,000 and undisclosed funds respectively

Food delivery startup Bite Club raises $500,000 from Powai Lake Ventures and angels Gurgaon-based startup Bite Club has raised a seed funding of $500,000 from Powai Lake Ventures and angel investors Aneesh Reddy, Ashish Kashyap and Alok Mittal, reports VCCircle. The funding will go towards enhancing Bite Club’s technology and expanding to Delhi and Noida in the coming months. Less than 6 months old, the company was founded in November 2014 by Prateek Agarwal, Aushim Krishan and Siddharth Sharma. The food-delivery startup deals with ~100 individuals who cook the food it delivers. It also allows chefs to sign up on its platform while sharing the revenues it makes. The company claims to process 250-300 orders daily at an average order size costing Rs 180. To order, users can call, send a message on WhatsApp or book through the Android app or Facebook page. **** Process9 raises undisclosed funding from IAN Ventures and Alok Sharma Bangalore based language translation startup Process9 has raised an undisclosed amount of funding led by IAN Ventures reports VCCircle. The funding included investments from Alok Sharma, CEO, Nature Eco Ventures, and IAN investors Kris Gopalakrishnan, Saurabh Srivastava, and Ajai Chowdhry. Alok Sharma has joined the company’s board, post the funding. The funding will go towards further development of Process9’s IndicaWave and IndicaMobile products and scale its translation delivery capacity. The company plans to invest in digital marketing, acquire key customers and expand to some Asian countries. Indic translation, transliteration and localisation: Process9 claims to enable its…

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I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

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