FairPlum plans on will deliver authentic food to consumers without compromising on health and hygiene. The food company plans to set-up 100 Cloud Kitchen locations, a physical experience center and 5-10 kiosks within 2022 starting from Delhi NCR and Mumbai.
Rupesh Agarwal, Mayank Tandon & Mitesh Thakkar announced the launch of FairPlum, a food company that will deliver authentic food to consumers without compromising on health and hygiene. Rupesh Agrawal and Mitesh Thakkar are former Unilever executives who have worked in leadership roles in finance, procurement, manufacturing, product development and personal care. Mayank Tandon, is a F&B specialist and entrepreneur who has led, built and scaled hospitality brands at Reliance Retail, Sanjeev Kapoor Restaurants, Future Group Cloud Kitchens. He has managed a diverse portfolio of building restaurants, large commissaries, cloud kitchens and food retail, in India and in International markets.
FairPlum has raised $2 million in a seed round from Unicorn India Ventures. Well-known angels Vivek Sirohi, VP-R&D, Unilever, Amith Agarwal, Co-Founder & CEO at Agri-Bazaar, Dinshaw Family Office, Anisha Subandh also participated in the round.
FairPlum was founded in 2020 with the vision to create products and brands which the consumers love, a food company that delivers authentic flavors and food nostalgia to customer doorsteps in less than an hour.
FairPlum products are deployed through a phygital model of cloud kitchens, e-commerce, experience centres and channel sales platform. The food company has partnered with popular food brands and food entrepreneurs from across India to make available authentic food specialties they miss through the brand concept “Food Karvaan”.
FairPlum plans to have 100 Cloud Kitchen locations, 1 Physical experience center, 5-10 kiosks within 2022 starting from Delhi-NCR & Mumbai. The food company operates in 17 locations and has confirmed 10 more cloud kitchen locations and 1 Physical Experience center in Thane along with Bikanervala which is expected to go live in the next 2 months.
Anil Joshi, Managing Partner, Unicorn India Ventures, says, “FairPlum leverages technology to enhance efficiency and preserve the taste of the food which will be delivered in under an hour. Their ability to adopt the changing trend driven by technology has made the world closer to the consumer. Today, the consumer wants what they see and with immediate fulfilment. The food industry is undergoing a significant revolution especially with its creativity, innovation and cutting edge technologies. We saw a strong pipeline of user base and business traction addressing food nostalgia which is why we decided to invest in them further”
Rupesh Agrawal, Founder & CEO, FairPlum, says, “Fairplum wants to make foods/brands accessible by bringing authentic foods from across the world at great quality, and value. Our vision is to run a network of hundreds of cloud kitchens/ physical experience centers on which we will ride our most authentic and iconic foods and their brands from all over the world. The purpose is to deliver food products to consumers by preserving goodness in a healthy and hygienic manner. We will use the fresh funds to improve consumer experience with innovations in technology and upgrade the infrastructure with expanding the platform to other strategic territories.”
Nitesh Arora, President, Credence Family Office, says, “The sole advisors to the deal, adds, “Today’s generation has very specific tastes and would highly appreciate the fact that their favorite food is made available at their doorstep. I believe this could be a very large & scalable opportunity for FairPlum.” FairPlum has launched Kebabi Karvaan which is a sub brand of Food Karvaan that makes Iconic Foods Accessible and Unmarried Kitchen, a brand aimed at bachelors. The company has also launched Street Food Karvaan, Rollz Karvaan and Crafted.
