Box8, an on-demand food delivery company, has raised Rs 12 crore debt via debentures from Trifecta Capital in three equal tranches — in August, October, and December. The company was founded by Amit Raj and Anshul Gupta in 2012.
Earlier, Box8 had raised $6.2 million in a Series C funding round from ReDefine Capital and $15 million from Ewtp Ecosystem Fund, IIFL Seed Ventures Fund, Mayfield Ventures, Indian Angel Network, and others.
It is understood that the startup will utilise these funds to expand its footprint and strengthen its team.
BOX8 started as a small outlet in a corporate cafeteria. Today, the company serves over 22,000+ orders every day across its 100+ outlets in Mumbai, Pune, Bangalore, & Gurgaon!