Food service solutions startup peAR raises Rs 2.5 cr in pre-series A funding round
Summary
Food service solutions startup peAR has raised Rs 2.5 cr in a pre-series A round led by Inflection Point Ventures. Founded in 2019 by then college students Dharmin Vora, Dhruvesh Mehta and Parth, the vision of peAR is to change the way Indian consumers view and order food inside a restaurant. peAR also donates 1 meal to an underprivileged individual per 100 orders processed via app under Hunger Fighter’s initiative. However, that has changed with the emergence of food tech companies who have brought lakhs of restaurants online and expanded their market and catchment area. At the core level, restaurants as standalone entities have to embrace digital transformation right from how they present their menus or serving their patrons.
Funding
Amount
$336.2K
Total raised
Date
July 1, 2021
Announcement date
Investors
-
Lead investors
Company
https://www.peartech.in/
Funded company
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