EatSure

EatSure

App-based platform offering online food ordering and delivery services

Founded

2011

Headquarters

Pune (India)

Status

Series D

Company Details

Website

Socials

Email

Phone

7304047007

EatSure is a leading digital food court and online food delivery platform, operates across major Indian cities and has expanded its footprint into international markets, leveraging Rebel Foods’ presence in over 75 cities across India, the Middle East, North Africa, Southeast Asia and the UK.

Business Model & Revenue Streams

EatSure operates on a robust, multi-pronged business model designed to maximize value for consumers, restaurant partners and the company itself. Primary Revenue Streams

  • Commission Fees: EatSure charges a commission on every order placed through its platform. Partner restaurants pay a percentage of each sale, which is a standard industry practice and a primary income source for food delivery platforms.

  • Delivery Charges: Customers are charged delivery fees, which may vary based on distance, order size, or delivery speed. Dynamic pricing is sometimes used to optimize revenue during peak hours or for express delivery services.

  • Advertising & Listing Fees: Restaurants and brands can pay for premium placement or advertising within the app to boost visibility and attract more orders. Listing fees are charged to eateries seeking a top position on the platform.

  • Transaction Fees: EatSure collects fees on online transactions processed through its platform, adding another layer to its revenue model.

  • Subscription Services: The platform may offer subscription-based programs for customers, providing benefits like free deliveries, priority support, or exclusive discounts-creating a source of recurring revenue.

Customer Segmentation

  • B2C: The primary user base includes urban consumers aged 18–65, with a significant concentration in the 18–34 age group. EatSure caters to both individual and group orders, including family meals and corporate catering.

  • B2B: EatSure also serves corporate clients, offering bulk ordering and catering solutions for offices and events.

Growth Strategy

EatSure’s growth strategy is anchored in:

  • Market Expansion: Aggressively expanding its cloud kitchen and smart food court footprint across India and international markets.

  • Product Innovation: Continuously enhancing the digital food court experience with features like multi-brand ordering, real-time tracking and contactless delivery.

  • Strategic Partnerships: Collaborating with global brands (e.g., Wendy’s) and onboarding third-party restaurant partners to diversify offerings.

  • Technology Investment: Leveraging the Rebel Operating System to streamline kitchen operations, order management and customer experience.

Key People

Jaydeep Barman

Ravi Golani

Key Metrics

Total Equity Funding

$214 Million

No. of Funding Rounds

10

Latest Funding Round

$5.4 Million, Series D

as of August 1, 2019

Post Money Valuation

-

as of N/A

Funding Multiple

-

as of N/A

Investors

Sequoia Capital

and 2 more

Employee Count

N/A

Similar Companies

Ghost Kitchens

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
August 1, 2019Series D$5.4 Million--- Coatue, Goldman Sachs Investment Partners, Gojek
March 14, 2019Series D$16.1 Million--- Lightbox, Sequoia Capital, Evolvence India
August 10, 2018Series C$16.1 Million--- Evolvence India, RTP Global, Lightbox, Sequoia Capital, Sistema
April 24, 2017Series C$6.4 Million--- RB Investments, Sequoia Capital, Lightbox, RTP Global
December 7, 2015Series C$30 Million--- RTP Global, Sequoia Capital, Lightbox, Link Legal
February 9, 2015Series B$16.0 Million--- Lightbox, Sequoia Capital
May 1, 2011Series A$5 Million---Sequoia Capital

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