New Delhi, Mar 14 (PTI) Online food-tech platform SmartQ today said it has raised about USD 1 million from an investor group led by a consortium of Dubai-based investors.
The company will use the funds for expanding business within India and across international geographies along with further strengthening the team by getting top talent, it said in a statement.
The existing investor YourNest has also participated in this round.
“The funding has enabled all of us at SmartQ to take the organisation to the next level of strategic growth and further scaling up on technology, talent and brand building in full swing,” SmartQ Co-founder and CEO Krishna Wage said.
Founded in 2014, the company claims of growing 50 per cent month-on-month and clocking over 1 lakh transactions per day.
This is published unedited from the PTI feed.