
Rays Culinary Delights Pvt. Ltd, which runs packaged foods company Sattviko, has acquired outfit curation portal StylSpot in order to strengthen its technology platform, a top company executive revealed.
Sattviko, which also operates a chain of quick-service restaurants (QSR) in three cities, including Gurgaon and Jaipur, ventured into the online delivery of packaged foods in February 2015. The e-commerce arm sells a range of products, including traditional snacks such as makhanas, flax seeds, raisins, jaggery and chana.
Prasoon Gupta, Co-founder, Sattviko, said, "Since Sattviko is now into e-commerce, StylSpot’s product discovery platform will help us scale up."
StylSpot was founded in 2015 by four IIT (ISM), Dhanbad graduates—Sumeet Chilwal, Gaurav Goyal, Amit Verma and Jalaj Dagar. Chilwal will join Sattviko's core team following the acquisition. StylSpot is the third acquisition made by Sattviko.
Prior to that, it had acquired food delivery startup Call A Meal. Sattviko was founded in 2013 by IIT-Roorkee graduates Gupta, Ankush Sharma and Rahul Gupta.
In an earlier interaction, Gupta had said that Sattviko was working on building an IoT-based healthy snack-vending machine for corporates.
The company claims its order numbers have risen three times in the past three months.