Box8 Raises Series B Funding from IIFL Seed Ventures Fund & Mayfield

Box8, one of the India’s fastest growing food delivery start ups has raised Rs 50 Cr in funding from IIFL Seed Ventures Fund & Mayfield. Box8 is a full stack online food delivery player that specializes in preparing and delivering delicious Indian food at an affordable price. Its diverse menu consists of over 100 dishes in All-in-1 Indian meals, biryanis, wraps, sandwiches and Salads.

Started by two IIT graduates Amit raj and Anshul Gupta, Box8 now serves 12000 meals every day to its large consumer base through a network of 60 stores across three cities Mumbai, Pune & Bangalore.

Box8 manages an operational team of 1200 plus to operate its full stack approach model whcih helps them bring efficiencies in each fraction of the process chain. All of this effort more than pays back for them as over 85% of their transactions come from repeat consumers making a strong case for long term sustainable model. And the positive word of mouth ensures that every day a good number of new customers try Box8.