SUMMARY
With this buyout, Ghost Kitchens looks to strengthen its presence in Gujarat by integrating its existing brands into The Shy Tiger’s infrastructure
The Shy Tiger was founded in 2018 and operates five multi-brand cloud kitchens across Ahmedabad
This comes days after Ghost Kitchens India secured $5 Mn in its Series A funding round from a clutch of investors, including GVFL, NB Ventures, LetsVenture and Lead Angels among others
Cloud kitchen startup Ghost Kitchens India, which counts GVFL, NB Ventures, LetsVenture and Yuj Ventures among its backers, has bought Ahmedabad-based cloud kitchen startup The Shy Tiger in an all-cash deal.
However, the company did not disclose the financial terms of the transaction.
With this buyout, Ghost Kitchens looks to strengthen its presence in Gujarat by integrating its existing brands into The Shy Tiger’s infrastructure, the startup said in a statement.
The Shy Tiger was founded in 2018 and operates five multi-brand cloud kitchens…