NEWS | Lo! Foods to expand its cloud kitchen presence

The startup plans to start operations in Mumbai and Pune in the next 6-8 months and is looking to tie-up with more delivery partners like Magicpin, Dotpe and Peppo.

Bengaluru based startup, Lo! Foods recently raised one million dollars in pre-series A funding. While the FMCG startup offers low-carb and keto-friendly packaged products, it also has a growing cloud kitchen business. ET Hospitality spoke to Sudarshan Gangrade, Founder, Lo! Foods to know more about his plans for the cloud kitchen segment post-investment.

Lo! Foods currently have 20 cloud kitchens across Bangalore, Delhi, Gurgaon and Hyderabad that offer low-carb and keto-friendly food. The company also delivers Parathas, Rolls, Sandwiches on demand through food delivery apps.

“We plan to further strengthen our cloud kitchen business through expanding to new geographies. We plan to start operations in Mumbai and Pune in the next 6-8 months.

We will also look for more delivery partners like Magicpin, Dotpe and Peppo that can help us widen our reach and plans to work more closely with Swiggy and Zomato,” Gangrade stated who also aims to introduce a few new services that can help accelerate the existing cloud kitchen business.

The cloud kitchen business contributes to almost half of the total business of Lo! Foods. Across 20 cloud kitchens, the company has served about one Lakh customers till date and services about 15,000 orders per month.

The company has recently expanded into international markets such as the US, Singapore and the Middle East.

In terms of food products, the company is looking forward to having a strong presence in HoReCa. “We have tied up with five-star chains like Hyatt and Sheraton to offer Low-Carb and Keto friendly menus to customers. B2B sales to the HoReCa segment has also begun to pick up, and we see it contributing significantly to our business over the next few quarters. Currently, it is in its early stages,” Gangrade said.

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