IKcon

IKcon

IKcon – Innovative Kitchen Concepts – leverages its network of satellite kitchens in key locations to swiftly launch outstanding F&B brands, from established chains to new concepts. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€73—109m (Dealroom.co estimates Mar 2021.)
Dubai Dubai Emirate (HQ)
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DateInvestorsAmountRound
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N/A

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$5.0m

Seed

$5.0m

Seed

$20.0m

Series A

N/A

Acquisition
Total Funding€27.3m

Recent News about IKcon

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iKcon, short for Innovative Kitchen Concepts, is a forward-thinking startup that operates in the food and beverage (F&B) industry. The company leverages a network of strategically located satellite kitchens, also known as cloud kitchens or ghost kitchens, to bring a variety of F&B brands to market quickly and efficiently. These kitchens are equipped with the latest technology and staffed by skilled chefs and customer service teams, ensuring high-quality food preparation and customer satisfaction.

iKcon primarily serves existing restaurant chains and new food concepts looking to expand their reach without the significant capital investment typically required for traditional brick-and-mortar establishments. By minimizing upfront costs and reducing ongoing operating expenses, iKcon provides a cost-effective solution for brands aiming to scale rapidly.

The company operates in the rapidly growing market of online food delivery, partnering with major delivery platforms such as Careem Now, Deliveroo, Talabat, Zomato, ChatFood, and RadYes. This extensive network allows iKcon to optimize delivery zones and maximize market coverage for its clients.

iKcon's business model revolves around offering comprehensive support to its clients. This includes managing relationships with order aggregators, maintaining online listings, conducting thorough menu reviews, and optimizing recipes for maximum impact. Additionally, iKcon assists with planning and optimizing delivery zones to ensure efficient service and broad market reach.

Revenue generation for iKcon comes from the services it provides to F&B brands, including kitchen space rental, food preparation, and delivery optimization. By offering a full suite of services, iKcon enables its clients to focus on menu innovation and marketing, while it handles the operational complexities.

In summary, iKcon is revolutionizing the F&B industry by providing a scalable, cost-effective solution for brands to expand their market presence through smart kitchens and comprehensive support services.

Keywords: cloud kitchens, food delivery, F&B brands, satellite kitchens, menu optimization, delivery zones, cost-effective, market expansion, smart tech, operational support.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.