UrbanPiper, a Bengaluru, India-based B2B SaaS startup that provides a one-stop restaurant management platform, raised $24 million in Series B funding.
The round was led by existing investors Sequoia Capital, Tiger Global, Swiggy, and Zomato. Angel investors also participated including Pankaj Chaddah (Shyft), Ankit Nagori (Curefoods), Saahil Goel, Vishesh Khurana (Shiprocket), Khadim Bhatti, and Vara Kumar (Whatfix), among others.
The company plans to use the funds raised to scale its product and engineering teams, strengthen its platform capabilities, as well as broaden its offerings to enable more services to restaurants.
Company: UrbanPiper, Inc.
Raised: $24.0M
Round: Series B
Funding Month: April 2022
Lead Investors: Sequoia Capital, Tiger Global, Swiggy and Zomato
Additional Investors: Pankaj Chaddah, Ankit Nagori, Saahil Goel, Vishesh Khurana, Khadim Bhatti, and Vara Kumar
Company Website: https://www.urbanpiper.com/
Software Category: Restaurant Management Platform
About the Company: Founded in 2015 by Saurabh Gupta, Anirban Majumdar, and Manav Gupta, UrbanPiper is building a full-stack restaurant management platform that helps restaurants operate and scale their businesses with minimal hassle. Currently, a restaurant signs up with an average of 6-10 different online channels/aggregators – making it challenging to manage multiple tablets/dashboards. UrbanPiper counts several marquee restaurants chains such as McDonald’s, Pizza Hut, KFC, Subway, Cure Foods, Taco Bell, Rebel Foods, etc among its user base. The company has 150+ employees in India.
Source: https://www.urbanpiper.com/restaurant-management-platform-urbanpiper-raises-24-million-in-series-b-funding