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MUMBAI, India, Oct. 12, 2022 /PRNewswire/ — Isthara, India’s premium co-living brand and Smart Food Court pioneer, has raised fresh funding of $10 million led by Dubai-based Eagle Investments. The current funding round brings Isthara’s total fund-raise to about $21 million.
Isthara, which currently operates in the co-living and institutional smart food court space, will deploy the new funds to foray into the B2C retail food court space and expand its presence in the co-living sector. While Isthara has witnessed immense growth in the B2B institutional cafeteria segment, the company aims to replicate this business success in the B2C space by launching smart food courts across retail locations such as malls, with an aim to become the pan-India market leader in the food court segment. Additionally, with the company’s foray in to the B2C food retail segment, it will also be able to widen the customer base potential and not be limited by a captive …
Full story available on Benzinga.com
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