New Delhi, Apr 9 (PTI) Food-tech platform Ghost Kitchens India on Tuesday said it has acquired Ahmedabad-based cloud kitchen firm Shy Tiger Brands to strengthen its presence in Gujarat.

The acquisition comes on the heels of Ghost Kitchens raising USD 5 million in February 2024 in equity and debt.

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"The acquisition solidifies Ghost Kitchens' foothold in the Gujarat market, while providing a platform for further expansion and growth," it stated.

Founded in 2018, Shy Tiger has five multi-brand cloud kitchens spread across Ahmedabad.

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"The acquisition marks Ghost Kitchens' strategic move to bolster its presence in Gujarat by integrating its existing brands in Shy Tiger's infrastructure," it stated.

The food-tech platform became operational in 2019 with over 15 company-owned and operated cloud kitchens in Mumbai and Ahmedabad, and 1,200 internet restaurants across 40 cities in India.

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