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Funding · Professional & Local Services

RASA Group invests ₹15 crore to scale Jee Bhar Ke cloud kitchens

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Date
Company
RASA Group
What it does
Multi-vertical conglomerate investing in food brand
Kind
Funding
Amount
₹15 crore
Stage
Series A
Sector
Professional & Local Services

What they do

RASA Group is a multi-vertical company operating brands across food, laundry, real estate, and healthcare sectors

What happened

The group invested ₹15 crore to expand Jee Bhar Ke cloud kitchens into up to 8 new cities across North and Central India

Why it matters

The investment supports a target of ₹150-200 crore business value over five years through operational scaling

The details

  • RASA Group has invested ₹15 crore in its cloud kitchen brand Jee Bhar Ke.
  • This funding will support expansion into up to eight new cities across North and Central India.
  • The brand currently fulfills approximately 10,000 orders monthly with strong customer retention rates.
  • Planned locations include Jaipur, Lucknow, Indore and other major urban centers.
  • Expansion aims to strengthen operations and enhance technology capabilities for the food delivery arm.
  • Jee Bhar Ke is expected to contribute 10-15% of RASA Group's overall revenue.
  • The group targets achieving a business value of ₹150-200 crore over the next five years.
  • Management plans to list either the group or a sub-brand within two to three years.

The bigger picture

  • India's online food delivery market is projected to grow from USD 55.58 billion to USD 337.15 billion by 2034.
  • The sector shows a compound annual growth rate of 22.18% according to IMARC Group data.
  • Scaling cloud kitchens allows for standardized operations while delivering authentic regional cuisine.

About the business

  • Jee Bhar Ke delivers authentic regional Indian cuisine via technology-enabled cloud kitchens.
  • The brand operates in Delhi, Gurugram and Noida with high order volumes.
  • It maintains a 35-40% repeat customer base indicating strong loyalty.
  • RASA Group also runs NexGen laundry services including brands like IronOut and FabSpin.
  • Avani Infratech handles real estate development as part of the group portfolio.
  • Sarvagun focuses on healthcare and Ayurveda products and services.
  • AdventX offers adventure experiences while Friday Night Cars deals in luxury automobiles.
  • The group strategy involves building pan-India presence across multiple verticals.
  • Packaged foods remain a key component of the Jee Bhar Ke business model.

What happens next

  • Opening up to eight new cloud kitchens within twelve to twenty-four months.
  • Expanding physical presence into up to eight specific cities across North and Central India.
  • Achieving a total business valuation of ₹150-200 crore within five years.
  • Listing the group or one of its sub-brands within two to three years.

The deal

Type
funding

Founders

  • Rahul Agarwal, Founder & CEO
  • Manav Aggarwal, Co-Founder

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