Culinary Innovator KitchenomiKs Secures $3.5 Million Funding for Regional Expansion and Tech Advancements
Oman’s burgeoning foodtech startup, KitchenomiKs, has successfully secured $3.5 million in combined Seed and pre-Series A funding, propelling its trajectory for regional expansion. Marking Saudi Arabia as its primary market, the company anticipates going live in early 2024.
This recent Pre-Series A round of $1.8 million, sourced from prominent Omani and regional investors, elevates KitchenomiKs’ total funding to $3.5 million. This substantial backing serves as a testament to the company’s potential to redefine the on-demand food ordering and delivery landscape through pioneering technological advancements. With Oman’s food delivery market exhibiting a consistent 22% annual growth rate and estimated to reach $1.8 billion by 2025, KitchenomiKs is poised for significant impact.
Established in 2022 by Aankush Bhatia, Aju Samuel, and Shrikanth Shenoy, KitchenomiKs presently operates the largest cloud kitchen facility in the Sultanate, spanning 3,000 square meters at the Oman Convention and Exhibition Centre. In a remarkably brief period, the FoodTech enterprise has curated a diverse portfolio of 12 food brands, all boasting ratings of 4 stars and above on major delivery platforms.
Aankush Bhatia, the founder and CEO of KitchenomiKs, emphasizes, “Since our inception in 2022, KitchenomiKs has experienced exponential growth. Our foundational approach revolves around crafting our own brands, amplifying established ones, and nurturing indigenous brands. The prospect of expanding this strategy beyond borders, commencing with the KSA market, fills us with anticipation.”
Proudly rooted in Omani FoodTech, KitchenomiKs collaborates with local eateries and culinary entrepreneurs, enabling them to scale their ventures while circumventing the overhead expenses associated with physical restaurants. Notably, KitchenomiKs recently launched the culinary brand of esteemed Omani Chef and cookbook author Dina Macki. Moreover, strategic alliances with renowned international brands enrich the spectrum of culinary options offered to customers.
Bolstered by robust growth and an innovative operational framework, KitchenomiKs is now setting its sights on collaborating with institutional investors. This strategic move aims to procure capital for the deployment of state-of-the-art technologies and the expansion of its geographical footprint. The company endeavors to attract top-tier culinary and technological talent across the region, further fortifying its position as a trailblazer in the industry.