• KitchenomiKs, a burgeoning food-tech startup in Oman, secures a significant total of $3.5 million in combined seed and pre-Series A funding.
• With a strategic vision for expansion, KitchenomiKs earmarks Saudi Arabia as its primary market entry, set to commence operations in early 2024.
• KitchenomiKs aims to revolutionize the food delivery landscape through innovative technologies, leveraging the impressive 22% annual growth in Oman’s food delivery market.
Oman’s food-tech startup, KitchenomiKs, secured USD 3.5 million in combined seed and pre-Series A funding to fuel its regional expansion plans, according to media reports.
The latest investment of $1.8 million in a Pre-Series A round, led by influential Omani and regional investors, brings the total funding for KitchenomiKs to USD 3.5 million.
The company is strategically targeting Saudi Arabia as its first market entry, with plans to launch operations in early 2024.
KitchenomiKs aims to revolutionize the on-demand food ordering and delivery sector through innovative technologies, building on the impressive 22% annual growth observed in Oman’s food delivery market.
Projections estimate the market to reach USD 1.8 billion by 2025.
Established in 2022 by Aankush Bhatia, Aju Samuel, and Shrikanth Shenoy, KitchenomiKs currently operates Oman’s largest cloud kitchen facility, covering 3,000 sq meters at the Oman Convention and Exhibition Centre. Despite its relatively short existence, the FoodTech company has already developed a portfolio of 12 diverse food brands, consistently achieving ratings of 4 stars and above on major delivery apps.
Aankush Bhatia, Founder and CEO of KitchenomiKs, expressed enthusiasm for the company’s growth, emphasizing their core business model that focuses on creating proprietary brands, promoting established ones, and supporting local ventures. The company’s strategy involves expanding beyond Oman, starting with the Saudi Arabian market.
As a proud Omani FoodTech entity, KitchenomiKs collaborates with local restaurants and food entrepreneurs, offering them a platform for scaling without the traditional overhead costs of physical restaurants.
Noteworthy partnerships include launching a culinary brand in collaboration with celebrated Omani Chef Dina Macki and tie-ups with renowned international brands to provide customers with a diverse culinary experience.
Building on its robust growth and innovative business model, KitchenomiKs now aims to attract capital from institutional investors, fostering the deployment of cutting-edge technologies and facilitating geographical expansion. The company plans to onboard top culinary and technology talent across the region to support its vision.
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