Thiruvananthapuram

29°C

Mist

Enter word or phrase

Look for articles in

Last Updated Sunday September 22 2019 08:52 PM IST
Other Stories in Startup Hub

ThirstKart plans to raise USD 10 million to expand ops

Text Size
Your form is submitted successfully.

Recipient's Mail:*

( For more than one recipient, type addresses seperated by comma )

Your Name:*

Your E-mail ID:*

Your Comment:

Enter the letters from image :

ThirstKart ThirstKart has teamed up with leading beverage providers like Starbucks and Cafe Coffee Day at a store-manager level.

New Delhi: Beverage delivery app ThirstKart is planning to raise $ 10 million (Rs 65 crore) in the next one year besides expanding services to all metro cities across the country.

The company, founded in June 2015, has teamed up with leading beverage providers like Starbucks and Cafe Coffee Day at a store-manager level.

"Currently, we have tied up with big brands at store-manager level, but now its time for us to go big. We are looking forward to an exponential growth within .the next one year with presence in almost every metro in the country," said ThirstKart founder Rahul Pabreja.

The company is currently present in Mumbai and will foray within a month into Gurgaon, where it is looking for providing beverages to corporate clients, Pabreja said.

"The demand in this segment is huge and being the only player in this beverage delivery market is attracting investors," Pabreja said.

He further said that the business is growing at a pace of 30 per cent per month. “The company is already in talks with a number of big venture capital funds which has helped start-ups grow to multi-billion dollar companies and I think something will be finalised soon," he added.

At present, ThirstKart serves around hundred drinks and Pabreja said that the company will be able take the number to around 700 within the next 8-9 months.

“We are introducing a special feature on our app which will enable a customer to pre-order a drink for a desired time. Suppose I want a strawberry shake for breakfast at 8 am, I will be able to order it a night before and it will be on my table the next morning at 8," he said.

(With agency inputs)

Your form is submitted successfully.

Recipient's Mail:*

( For more than one recipient, type addresses seperated by comma )

Your Name:*

Your E-mail ID:*

Your Comment:

Enter the letters from image :

Disclaimer

The comments posted here/below/in the given space are not on behalf of Manorama. The person posting the comment will be in sole ownership of its responsibility. According to the central government's IT rules, obscene or offensive statement made against a person, religion, community or nation is a punishable offense, and legal action would be taken against people who indulge in such activities.

Email ID:

User Name:

User Name:

News Letter News Alert
News Letter News Alert