DUBAI: Indian catering company Foodlink has raised $8 million in its latest funding round, which it intends to use for further expansions domestically and in the UAE.
The Series B round was led by Arpit Khandelwal, a managing partner at Plutus Wealth Management, who saw an opportunity to take advantage of Foodlink’s participation in the “uber-luxury Indian wedding market.”
“Weddings in India are a recession-proof business and the increased focus on high quality, hygienic food and formal organized vendors will strengthen Foodlink immensely,” he explained.
Aside from their catering business, the Indian firm also operates restaurant brands in the UAE and India, which will also benefit from the new capital injection.
“We plan to take our management of sales pipeline, quality audits, infrastructure management & resource allocation to the next level of maturity post this round of funding,” Sanjay Vazirani, founder of Foodlink, said.
