EatClub

Sector: Food Service (Cloud Kitchen Business Plan &)  |  HQ: India  |  Founded: Not separately disclosed  |  Employees: Not separately disclosed

Listed as: Privately held  | 

Company overview

EatClub operates in the food service segment of the Indian market, with a presence noted in the cloud kitchen business plan & category. The company is among the recognised participants in this segment alongside other Indian and multinational players. Operations follow the standard Companies Act 2013 disclosure framework where EatClub is incorporated as a private or public limited company under Indian law, with statutory audit, GST registration under the CGST Act 2017, and applicable sectoral compliance under FSSAI, BIS, MoEF, or sectoral regulators as relevant to the activity. The competitive set in cloud kitchen business plan & includes pan-India brands, regional players, and multinational subsidiaries operating in India through wholly-owned or joint-venture structures.

Recent developments

April 2026

EatClub secured a significant funding round in July 2025, raising Rs 185 crore (approximately $22 million) in a financing led by Tiger Global with participation from A91 Partners and 360 One [2][5]. This marks continued confidence from Tiger Global, which originally invested $40 million in 2021 when BOX8 and MOJO Pizza's parent company rebranded to EatClub Brands [9]. The capital is aimed at supporting aggressive expansion plans for the cloud kitchen platform.

Financially, EatClub reported Rs 515 crore in revenue for FY24 while simultaneously reducing losses, demonstrating improving unit economics as the business scales [6]. The most recent data indicates Tracxn maintains an updated tracker of EatClub's funding rounds and investor base as of April 2026 [1]. The combination of fresh growth capital and stronger revenue performance positions EatClub for intensified competition within India's evolving cloud kitchen sector.

Sources (5)

1. EatClub - 2026 Funding Rounds & List of Investors - Tracxn · Tracxn · Tue, 21 Apr 2026
2. Cloud kitchen firm EatClub to raise Rs 185 crore from Tiger Global, A91 Partners, 360 One - The Economic Times · The Economic Times · Fri, 25 Jul 2025
3. Indian cloud kitchen startup EatClub to raise $22m funding - Verdict Food Service · Verdict Food Service · Mon, 28 Jul 2025
4. EatClub Reports Rs. 515 Cr Revenue, Cuts Losses in FY24 - Asia Business Outlook · Asia Business Outlook · Sat, 26 Jul 2025
5. Tiger Global invests USD 40 mn in BOX8 and MOJO Pizza's parent company, now rebrands to EatClub Brands - Business Standard · Business Standard · Tue, 30 Nov 2021

Financial performance and recent trajectory

Disclosed revenue (FY25): Not separately disclosed in segment-wise FY 2024-25 reporting.

Competitive position

EatClub occupies a position in the cloud kitchen business plan & category alongside other listed and unlisted Indian players. Competitive intensity in the segment is shaped by raw material cost cycles, distribution depth, branded versus unbranded share, and the regulatory framework governing manufacturing, FSSAI labelling (for food), BIS standards (for engineering goods), or sectoral norms. The principal competitive moats in this category are typically scale, distribution reach, brand trust, and integrated procurement. KAMRIT's project report on cloud kitchen business plan & benchmarks new entrant economics against the listed peer cost structure including capex per tonne (or per unit of output), working capital intensity, gross margin band, and the EBITDA delta between organised and unorganised participants.

Key risks

Input cost volatility in the cloud kitchen business plan & value chain Competitive intensity from larger Indian groups and multinational subsidiaries Regulatory tightening under FSSAI, BIS, environmental norms, or labour codes

Outlook

EatClub is a participant in the Indian cloud kitchen business plan & category, which forms part of the broader Food Service space. The Indian cloud kitchen business plan & market continues to evolve with rising organised share, premiumisation, distribution expansion, and a regulatory architecture covering the Companies Act 2013, the Income Tax Act 1961, the CGST Act 2017, the Legal Metrology Act 2009, and sectoral statutes including the Food Safety and Standards Act 2006 (for food and beverage subsegments), the Drugs and Cosmetics Act 1940 (for pharmaceutical or healthcare adjacencies), the Environment Protection Act 1986 (for emissions and effluents), and labour codes consolidated under the four 2020 labour codes. In KAMRIT's project report framework for this category, the competitive set typically includes pan-India branded leaders, multinational subsidiaries, mid-sized regional players, and a long tail of MSME participants. The structural attractiveness of the category for new entrants is a function of (a) market growth rate, (b) the share that remains with unorganised or fragmented operators, (c) the cost of regulatory compliance, and (d) the capex intensity of plant and machinery. The KAMRIT bankable DPR for this category structures a new entrant's economics against this competitive landscape. For EatClub specifically, public-domain disclosures provide a baseline view of operations, but segment-wise revenue, EBITDA, capacity utilisation, and forward capex plans are not separately broken out in many cases. Where the company is part of a listed group, the SEBI LODR and the Companies Act 2013 governance framework apply, with statutory audit conducted under SA 700 and CARO 2020 reporting. Where the company is unlisted, the Companies Act 2013 framework continues to govern with reduced public disclosure. The risk and opportunity outlook for EatClub mirrors the broader cloud kitchen business plan & category dynamics. Demand-side drivers include rising household consumption, urbanisation, organised retail expansion, and policy support including PLI schemes (where applicable to the segment). Supply-side risks include input cost volatility, regulatory tightening, environmental compliance escalation, and competitive intensity from larger groups or imports. Management quality, balance sheet strength, distribution depth, and the capex execution track record are the differentiators within the peer set. KAMRIT's research desk maintains a baseline reference for EatClub as a peer benchmark within the cloud kitchen business plan & category. For investors, lenders, or new entrant promoters seeking a fuller assessment of EatClub, KAMRIT's deep-dive company profile engagement covers financial trajectory, capacity and capex, distribution and customer concentration, regulatory exposure, and the competitive position with named peers.

KAMRIT point of view

Building or competing with EatClub?

KAMRIT advises promoters, family offices, and global enterprises evaluating greenfield entry into the food service (cloud kitchen business plan &) sector. Our Bankable DPR with Cost Model and ROI benchmarks your project economics against the listed-company cost structure of EatClub and peers. The Execution Partnership tier covers everything from incorporation through commissioning. A 20-minute scoping call with our partners is free.

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Related KAMRIT project reports

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Disclaimer: This profile is compiled by KAMRIT Financial Services LLP for educational and benchmarking purposes only. It is not investment advice, a recommendation to buy or sell securities, or a solicitation. Stock data is provided by Yahoo Finance and may be delayed by up to 20 minutes. Company financial commentary draws on publicly available filings, exchange disclosures, and KAMRIT industry research. Readers should consult a SEBI-registered investment adviser before making investment decisions. KAMRIT is a financial services and compliance firm, not a SEBI-registered investment adviser.