TinyOwl gets $16 million in Series B funding


What does TinyOwl do?

 

Tiny Owl is a food ordering startup based in Mumbai, India. It is an amazingly designed app for food lovers. If you are hungry you are just a few taps away from having delicious food delivered to your doorstep through this amazing app. TinyOwl is the fastest and smartest way of ordering food in Mumbai.

How much TinyOwl Funded?

0The India based food technology startup. TinyOwl got $16 million in Series B funding on February 26th 2015. The funding was provided by the investors Matrix Partners and Sequoia Capital and Nexus Venture Partners.

Previous funding

  • $1Million in Series A funding from Sequoia Capital on August 22nd
  • $ 3 Million in Series A funding from Nexus Venture Partners and Sequoia Capital on December 5th

What is next for TinyOwl?

TinyOwl co-founder and CEO Harshvardhan Mandad has disclosed the funding details, he said the new funding is to be used to reach 50 cities in the country. TinyOwl’s services allows the  users to order food through the Android and Apple apps apps only for Mumbai for now, but Mandad has said that with new funding the company aims to take service to fifty cities in India by this year ending. Another target of the company is to reach the target of 50,000 order daily by the end of this year which is a huge leap from its present order of 3,000 to 5,000.

More about TinyOwl

This is a food ordering startup with iOs and Android apps which enable the users to order food through their mobile phone. This was found in 2014 by Harshvardhan Mandad. This startup claims that its food ordering app can detect the users locations and display the restaurants in their locality, offers cash and card for payment on delivery. Users can save their debit or credit card info securely to save time when placing order the next time and offers exclusive deals and offers.