Tech Company Financing Transactions
On2Cook Funding Round
On2Cook, based in Ahmedabad, received $2 million from private investors.
Transaction Overview
Company Name
Announced On
11/14/2022
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
private investors (Lead Investor) (Mayur Desai)
private investors (Nirbhay Gandhi)
Proceeds Purpose
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
801 Waterlily Adani Shantigram C2
Ahmedabad, 382421
India
Ahmedabad, 382421
India
Phone
Website
Email Address
Not Recorded
Overview
On2Cook: World's Fastest Cooking Device works on the revolutionary Combination Cooking Technology that simultaneously combines induction, heat, and microwaves to cook. This patented product cuts cooking time by up to 70% and reduces energy consumption by up to 40%. It also cooks healthier food by retaining water-soluble nutrients and preserving color, texture, and consistency.
Management Team
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