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    On 2 Cook

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    Rutuja Amberkar
    On2cook is an Indian food-tech startup that offers a range of services including a meal delivery subscription service, corporate catering, and food vending machines. It focuses on providing healthy, nutritious meals using locally sourced ingredients and minimizing food waste. On2cook's business model generates revenue through its meal delivery service, corporate catering, food vending machines, and a technology platform that allows customers to easily order meals.

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    On 2 Cook

    Uploaded by

    Rutuja Amberkar
    119 views5 pages
    On2cook is an Indian food-tech startup that offers a range of services including a meal delivery subscription service, corporate catering, and food vending machines. It focuses on providing healthy, nutritious meals using locally sourced ingredients and minimizing food waste. On2cook's business model generates revenue through its meal delivery service, corporate catering, food vending machines, and a technology platform that allows customers to easily order meals.

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    On2cook is an Indian food-tech startup that offers a range of services including a meal delivery subscription service, corporate catering, and food vending machines. It focuses on providing healthy, nutritious meals using locally sourced ingredients and minimizing food waste. On2cook's business model generates revenue through its meal delivery service, corporate catering, food vending machines, and a technology platform that allows customers to easily order meals.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    119 views5 pages

    On 2 Cook

    Uploaded by

    Rutuja Amberkar
    On2cook is an Indian food-tech startup that offers a range of services including a meal delivery subscription service, corporate catering, and food vending machines. It focuses on providing healthy, nutritious meals using locally sourced ingredients and minimizing food waste. On2cook's business model generates revenue through its meal delivery service, corporate catering, food vending machines, and a technology platform that allows customers to easily order meals.

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    ON2COOK

    ❖ On2cook India Pvt. Ltd. Is a food-tech startup based in India. The


    company offers a range of services including a meal delivery
    subscription service, corporate catering, and food vending
    machines.

    ❖ On2cook’s primary focus is on providing healthy and nutritious


    meals to its customers, with a commitment to using locally
    sourced ingredients and minimizing food waste. The company
    also uses technology to streamline its operations and make it
    easier for customers to order and receive their meals.

    ❖ On2cook’s meal delivery service allows customers to sign up for


    daily or weekly deliveries of healthy, home-cooked meals based
    on their dietary preferences. The company’s corporate catering
    services provide healthy and nutritious meals for meetings,
    conferences, and other events.

    ❖ The food vending machines developed by On2cook dispense


    fresh, healthy meals on the go, and are located in office
    buildings, co-working spaces, and other high-traffic areas.

    ❖ Overall, On2cook aims to make healthy and nutritious food more


    accessible and convenient for customers, while also promoting
    sustainability and environmental consciousness in the food
    industry.
    BUSINESS MODEL OF ON2COOK
    Based on the information available on their website and
    other sources, the business model of On2cook India Pvt. Ltd.
    Appears to be a combination of several different revenue
    streams:

    1) Meal Delivery Subscription Service:

    On2cook offers a subscription-based meal delivery


    service where customers can sign up to receive daily or
    weekly deliveries of healthy, home-cooked meals.
    Customers can choose from a range of subscription
    plans based on their dietary preferences and the
    number of meals they require.

    2) Corporate Catering:

    On2cook also provides catering services to corporate


    clients, offering healthy and nutritious meals for
    meetings, conferences, and other events.

    3) Food Vending Machines:

    The company has also developed a proprietary food


    vending machine that dispenses fresh, healthy meals on
    the go. These machines are located in office buildings,
    co-working spaces, and other high-traffic areas.
    4) Technology Platform:

    On2cook uses technology to streamline its operations, from


    order management and delivery logistics to meal planning
    and recipe development. The company’s website and mobile
    app allow customers to easily place and manage their
    orders, while also providing real-time updates on delivery
    status and nutritional information.

    Overall, the company’s business model appears to be


    centered around providing healthy and nutritious meals to
    customers through a variety of channels, while also
    leveraging technology to optimize its operations and
    improve the customer experience.
    ABOUT FOUNDER OF ON2COOK
    Sanandan Sudhir is the Founder and CEO of On2Cook India
    Pvt Ltd, a startup that produces a revolutionary smart
    cooking device using combination cooking technology that
    enables cooking with both flame and microwaves
    simultaneously. The device offers faster cooking times as
    well as significant energy savings. Sanandan Sudhir
    presented On2Cook on the Indian version of Shark Tank
    India Season 1 and secured seed funding of over 2 million
    USD from investors.

    Sanandan Sudhir is a seasoned entrepreneur and inventor


    with a background in engineering . Prior to founding
    On2Cook, he has had over 16 years of experience working in
    various senior roles with Nokia, Robert Bosch, and
    Qualcomm Technologies. Sanandan Sudhir has expertise in
    leading teams in technology development, product
    management, and program management.

    In recent news reports, Sanandan Sudhir confirmed that


    On2Cook is planning to raise up to Rs 20 crore ($2.7 million)
    in funds to further expand the business.
    EVERYTHING ABOUT ON2COOK VALUATION

    On2Cook is an Indian food-tech startup that produces a


    smart cooking device with combination cooking technology.
    It recently secured seed funding of over 2 million USD on a
    valuation of Rs 100 crore ($13.5 million) from investors led
    by angel investor Dr. Mayur Desai. The funding round was
    announced in November 2022 and is reported to be used by
    On2Cook for business expansion.

    On2Cook’s smart cooking device uses both flame and


    microwaves simultaneously, which enables faster cooking
    times and significant energy savings. The company claims
    that its cooking appliances help domestic and commercial
    kitchens reduce cooking time by up to 70% and save up to
    40% on energy costs.

    According to news reports , the valuation of On2Cook stood


    at Rs 100 crore after the seed funding round, which is a
    significant increase from its previous valuation. The
    company also stated that it plans to raise additional funds of
    up to Rs 20 crore ($2.7 million) to further expand its
    business.

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