Funding · Professional & Local Services
RASA Group invests ₹15 crore to scale Jee Bhar Ke cloud kitchens
By Startup Enthusiast ·
- Date
- Company
- RASA Group
- What it does
- Multi-vertical conglomerate investing in food brand
- Kind
- Funding
- Amount
- ₹15 crore
- Stage
- Series A
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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