TongueStun Food Network Pvt. Ltd.

TongueStun Food Network Pvt. Ltd. provides innovative food technology solutions, enhancing operational efficiency and user engagement within the food service industry through its advanced software offerings. Founded in 2013 and headquartered in Bangalore, India, TongueStun Food Network Pvt.

Ltd. specializes in food technology solutions. The company has undergone several strategic pivots to adapt to market demands. TongueStun was acquired in September 2018 for USD 18 mn by Zomato Media Pvt Ltd, which is part of a larger portfolio that includes Info Edge (India) Limited.

The founder's prior entrepreneurial experiences contributed significantly to the establishment of this company. Since its inception, TongueStun has completed a total of five deals, with the most recent funding round being an ADD-ON ROUND that raised USD 18 mn. TongueStun offers a range of innovative products and services designed to address specific industry challenges. Their core offerings include advanced software solutions that streamline operational workflows, enhance user engagement, and improve data management for businesses across various sectors.

By integrating technology, TongueStun aims to facilitate efficiency and productivity, making their products essential tools for clients looking to optimize their processes. The company primarily serves a diverse clientele, including small to medium-sized enterprises, large corporations, and government organizations seeking to leverage technology for improved outcomes. Their products are marketed across North America, Europe, and parts of Asia, ensuring a broad reach in addressing the needs of global customers. TongueStun generates revenue through a structured model that includes direct sales, subscription-based services, and partnerships with various industry stakeholders.

For the most recent year, 2023, the company reported a revenue amount of USD 0 mn, and an EBITDA of USD -157,119. 1. Clients typically engage with the company through multi-year contracts that encompass a range of products, ensuring continuous usage and customer loyalty. This pricing strategy caters to different market segments, providing tiered subscription plans and one-time purchase options for flagship services.

TongueStun has established a sustainable business model that supports its growth and aligns with the needs of its client base. TongueStun plans to launch new product offerings aimed at expanding its capabilities within the food technology sector. The company is targeting new markets in Southeast Asia for expansion by the end of 2024. The recent ADD-ON ROUND funding of USD 18 mn will be utilized to support these initiatives, including technology enhancements and market entry strategies, aligning with their long-term growth objectives.