Ex-Shopee exec’s food app served $1.3m in funding

Gobble, a Singapore-based foodtech firm, has raised US$1.3 million in a seed round led by Beenext and Flash Ventures.

The Gobble team/ Photo credit: Gobble

Angel investors including former Uber executive Warren Tseng, former Deliveroo Singapore executive Siddharth Shanker, and Foodpanda executive Abhishek Sahay also took part in the round.

Gobble is a group-based food ordering platform that allows users to view and select what their friends have ordered instead of scrolling through delivery apps.

The company is tackling reduced social interaction among university students through its group-ordering and food-gifting features. Users can also create a “Gobble party” and invite friends to buy discounted meals as a group.

The company was founded in 2021 by Ashwin Purushottam, a former Shopee executive, and Domenico Tan, who previously headed regional new venture operations at Delivery Hero.

See also: The rush among food delivery apps to deliver more than just food

“We not only benefit the end users but also our restaurant partners through group orders,” said Purushottam.

The investment comes amid the growing need for new users to migrate online for food delivery, pushed by social distancing measures. Southeast Asia is poised to reach US$28 billion in food delivery-related transactions by 2025.

Gobble will use the funds to launch its platform across colleges, expand its tech and product team to scale, and improve the value proposition for restaurant partners.