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Placio acquires Paco Meals and raises $50K

12 July 2018

NFS Correspondent
Source: Pixabay

Noida-based startup Placio has raised $50,000 in seed funding for its new venture in subscription-based food delivery system.

The company acquired a subscription-based food startup Paco Meals. With this move, it will help Paco Meals with the technology.

The takeover of Paco Meal provides Placio with an edge of talented culinary professionals,  and state-of-the-art facilities to develop menus that meet a multitude of tastes and deliver food beyond expectations.

Paco Meals focuses on ‘3As appearance, aroma and appetite’ targeting delicious, innovative, sustainable, healthy food options. The company ensures the menu will not be repeated at least for 3 months and also brings the ‘taste of home’ to meals as students are invited to bring their favourite recipes from home, especially those for vegetarian and ethnic dishes.

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