Kitchens@ secured the funding from UK-based Finnest. Credit: Kitchens@/PRNewswire.

India-based cloud kitchen start-up Kitchens@ has secured a funding of $65m in its Series C round from Finnest, a UK-based growth investment firm.

Kitchens@ founder and CEO Junaiz Kizhakkayil stated that the raised funds will be used to expand the company’s hybrid model, called Dinerium.

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Dinerium is a dining experience that merges offline and online components, bringing a large selection of premium brands right at clients’ tables.

It will provide advance booking and pre-ordering systems, thereby reducing the wait time.

Finnest founder Dr Biswanath Patnaik said: “Kitchens@ has played a pivotal role in shaping the landscape of the cloud kitchen segment in India, emerging as a key player in the Food and Supply Aggregator sector.

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“Our confidence in the future of this venture is unwavering, thanks to the astute leadership of our founder and CEO, Junaiz Kizhakkayil. Anticipating a substantial business turnaround in the coming years, especially with strategic partnerships in place with major entities like Swiggy and Beenext.”

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Finnest is led by entrepreneurs Dr Biswanath Patnaik and Arun Kar.

The company has invested in diverse sectors, including renewable energy, electrical vehicle-hydrogen automotives, hotels, hospitality, and more.

Swiggy was a major investor in Kitchens@ during its Series B funding round.

Earlier this year, Kitchens@ acquired Swiggy’s cloud kitchen business called Swiggy Access Kitchen.

Swiggy Access enables restaurant partners to set up kitchen spaces in neighbourhoods where they don’t operate.

Kitchens@ currently has a network of 700 kitchens in 45 locations across six cities in India.