Oyo founder’s family office joins $5m round of Singapore foodtech startup

Easy Eat AI, a Singapore-based foodtech startup, has raised US$5 million in its latest funding round.

More funding details

• Investors: Aroa Ventures, Oyo founder Ritesh Agarwal’s family office, Reddy Futures family office, Prophetic Ventures, Oyo Global chief strategy officer Maninder Gulati, Alarko Ventures managing partner Cem Garih, Esas Ventures founder and managing partner Fethi Sabanci Kamisli, and a few Silicon Valley-based VC firms and angel investors
• Stage: Unspecified

More company updates

• Founded in 2019, Easy Eat AI allows restaurants to digitalize their operations with services like QR code-based table ordering, loyalty programs, payment solutions, social media engagement, inventory management, and integrated delivery.
• Easy Eat AI’s technology helps capture every data point in the value chain, which could give restaurants a better understanding of customers’ choices. In turn, this could lead to higher revenue and lower costs.
• As the Covid-19 pandemic accelerates the food and beverage industry’s digital transformation, Easy Eat AI says it has been able to boost restaurants’ revenue by 30% and reduce their operational costs by 15%.
• The foodtech firm has operations in Singapore, Malaysia, and India, according to its website.

For more coverage about the company, head here. You can also click on the link below to view the company’s key details and funding history.