Bangalore based food commerce company – ItsMyMeal has raised $10Mn from angel investor.
The funds raised will be used to build kitchens in technology parks and company campuses. Each kitchen will cater 1000 packs of lunch, evening snacks and dinner per day. The venture aims to provide 40,000 meals per day in next 18 months in Bangalore.
BSE listed real estate developer, The Puravankara Group is tying up with the ASK Property Investment Advisors, the real estate focused PE fund, to acquire a land parcel admeasuring 31.69 acres worth R110 Cr. ASK would be funding 75% of the cost i.e close to R82 Cr.