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Restaurant tech startup Digitory raises pre-Series A funding from Tejas Paresh Lodaya

EntrackrEntrackr · 15d ago
Restaurant tech startup Digitory raises pre-Series A funding from Tejas Paresh Lodaya
Medial

Restaurant tech startup Digitory raises pre-Series A funding from Tejas Paresh Lodaya Restaurant tech startup Digitory has raised $500K in a pre-Series A funding round from angel investor Tejas Paresh Lodaya. The proceeds will be utilized to maximize market reach, amplify enterprise onboarding, increase R&D in automation and operational intelligence, and scale up platform infrastructure, Digitory said in a press release. Launched in 2016 by Shivaprakash S Mogali, Digitory provides AI/ML-driven automation, POS systems, and inventory management for the food and beverage industry. It offers an integrated platform for restaurants, cafes, and bars to optimize operations and procurement. The company focuses on assisting restaurants in enhancing operational efficiency through modern technology, particularly for cafes, breweries, and cloud kitchens. According to Digitory, it was designed as core operational infrastructure to help restaurant operations run seamlessly at scale. A platform leveraging local prowess and central cloud-based intelligence, it aids seamless business continuity for diverse restaurant brands in diverse locations. The platform offers a full-stack restaurant operations system like complete inventory intelligence, recipe management, optimal kitchen display systems, QR-based ordering, workflow automation, and performance metrics. Through its network, it has been supporting a staggering 1.8 million+ end customers, ahead of securing institutional capital. The Bengaluru-based company claims that several leading restaurant chains are already using Digitory’s platform. Some of the brands are Toit, Bier Library, Biergarten, Pumphouse, BlrBrewing, 1522, BygBrewski, Zero40, Effingut Breweries, etc., to help resolve their complex, multi-location operations.

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D2C home decor brand DecorTwist raises $200K

EntrackrEntrackr · 4m ago
D2C home decor brand DecorTwist raises $200K
Medial

D2C home décor brand DecorTwist has raised $200K in a bridge pre-Series A funding round led by angel investor Tejas Paresh Lodaya. The proceeds will be used to improve its inventory to meet the growing demand among consumers, introduce new products, and expand to quick commerce platforms, DecorTwist said in a press release. Launched in 2022 by Anupam Rajey, DecorTwist is a home decor brand that aims to provide high-quality home products while offering a wide range of categories like dining, decor, gardening, furniture, pooja essentials, and gifting under one roof. The company is committed to providing accessible and stylish solutions for every home. Its handcrafted and affordable products are designed to give a memorable experience and cater to diverse needs and preferences of the customers. “Our vision is to become India’s most loved D2C home décor brand, synonymous with quality, sustainability, and innovation. Much like Lenskart transformed the eyewear industry, we believe every Indian household deserves access to products that are not only functional but also stylish and timeless,” said Anupam Rajey, founder, DecorTwist. As per market research, the Indian home décor market is expected to reach $30 billion by 2026. DecorTwist says that it has grown into a trusted home decor destination, offering practical and thoughtfully designed products across storage, dining, kitchenware, and pooja essentials. The brand claims to have generated over Rs 12.5 crore in revenue, served over 100k customers, and has secured a 17% repeat purchase rate, showcasing strong customer loyalty. It has a presence on online platforms like Amazon, Myntra, and Flipkart.

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