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Shark Tank-Fame World’s Fastest Cooking Device On2Cook Secures Seed Funding Over 2 Million Usd, Valuation Stands At 100 Crore

PRIVATENov 09, 2022

Round Type

Seed

DelhiFood and BeverageHospitality

Description

Inventor and Entrepreneur Sanandan (Sandy) Sudhir, who created quite some ripples in Shark Tank with the world’s fastest cooking device, has declared that his startup On2Cook India Pvt Ltd has secured seed funding of over 2 Million USD. The funding round was led by angel investor Dr Mayur Desai, who infused the first tranche of Rs 16 crore for 16% equity, reaffirming the startup’s valuation at 12.5 Million USD. The round also saw the participation of NRI investor Nirbhay Gandhi. On2Cook is currently making an appearance at GulfHost 2022 at World Trade Centre in Dubai.

Quick answer

On2Cook raised an undisclosed amount in a Seed round, dated November 9, 2022. On2Cook is based in Delhi, Delhi, India.

How much did On2Cook raise?
On2Cook raised an undisclosed amount in a Seed round on November 9, 2022.
What does On2Cook do?
On2Cook is a homegrown food-tech startup that specializes in innovative cooking devices designed to reduce cooking time by up to 70% while halving energy consumption.
Where is On2Cook based and how big is it?
On2Cook is based in Delhi, Delhi, India.

Source: Fundz verified event record.

Who else raised in Food and Beverage and Hospitality around the same time

Companies in the same sectors as On2Cook that raised within 45 days of this round, from Fundz verified event records.

  • Burma Burma raised $2M (Seed) on November 30, 2022.
  • Ben & Jerry's raised $1.1M (Seed) on November 30, 2022.
  • General Assembly Holdings Limited raised $2M (Seed) on October 1, 2022.
  • SPoT Coffee raised $83K (Pre-Seed) on December 22, 2022.
  • Odin Acquisitions raised $9.3M on December 21, 2022.
  • AMC Entertainment Holdings raised $162M (Post-IPO Equity) on December 19, 2022.

Who to call at On2Cook, and when

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Company Information

Company

On2Cook

Location

Delhi, Delhi, India

About

On2Cook is a homegrown food-tech startup that specializes in innovative cooking devices designed to reduce cooking time by up to 70% while halving energy consumption. The company's technology is highly valued in quick-service restaurants (QSRs) and cloud kitchens for its efficiency and cost-saving capabilities. With its recent funding round, On2Cook is expanding its production and establishing a robust distribution network in various global markets. The startup is also planning to launch a consumer version of its product in the future.

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On2Cook raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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