InstaFries India (a subsidiary of InstaFries Australia P/L)

InstaFries is seeking to raise $450k to roll out six Hot Fries Vending machines in India for a commercial trial prior to a national roll-out.

  • Stage Full Product Ready
  • Industry Foodtech
  • Location Perth WA, Australia
  • Currency AUD
  • Founded January 2024
  • Employees 3
  • Incorporation Type Not Incorporated

Company Summary

We have developed the world's first fully autonomous Hot Fries Vending Machine that dispenses oil-cooked fries on-demand to customers in 90 seconds . We plan to incorporate an Indian company (InstaFries India) and we are seeking A$450k for a 6 machine commercial trial, followed by a A$3,000,000 raise for a roll-out of 5,000 machines in a variety of sites over 5-6 years. Estimated Profit (100%) on 5,000 machines is ~USD 200M/yr.

Team

  • MARK FENTON
    Director

  • Mark Yadav
    MD - InstaFries India

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