ChefKart Reports 224% Revenue Growth in First 7 Months of 2026

RENO, Nev., Sept. 03, 2026 /CourierPR/ -- GreetEat Corporation has highlighted the significant growth and expansion potential of ChefKart Hospitality Private Limited, an India-based home-chef technology platform. According to a recent report, ChefKart has achieved a remarkable 224% revenue growth, surpassing its full-year 2025 revenue in just the first seven months of 2026.

In the period from January to July 2026, ChefKart reported revenue of ₹6.52 crore, equivalent to approximately US$687,000, compared to ₹2.3 crore (US$246,000) in the same period of 2025. For the full 2025 fiscal year, the company generated ₹4.83 crore (US$509,000) in revenue. This strong performance demonstrates the rapid acceleration of the business during the current year.

ChefKart's historical unit economics for the first half of 2025 showed: - An average order value of ₹550 - A gross margin of 38% - A contribution margin of 10% - An average slot utilization of 79%

Despite reporting a net loss of ₹1.6 crore for 2025 and ₹1.5 crore for January to July 2026, GreetEat believes these results indicate significant growth and the potential for improved operating leverage as the platform scales.

"We believe the latest financial information from ChefKart provides an important new perspective on the opportunity we are pursuing," stated Vishal Patel, CEO of GreetEat Corporation. "ChefKart has shown that consumers are willing to repeatedly use a technology-enabled platform to access trained and verified home chefs, and the company is now demonstrating meaningful revenue acceleration alongside strong customer retention and utilization metrics. Our objective is to support that momentum with additional capital, technology resources, and strategic expansion once the proposed transaction is completed."

ChefKart’s financial performance follows a series of significant operating milestones. In August 2026, the company reported: - 24,583 monthly bookings in April 2026 - More than 70% repeat business - Over 250 active chefs and cooks across 10 operating clusters in Gurugram - More than 3 million meals facilitated since its founding - More than 100,000 families served - More than 5,500 cooks trained - Approximately 1.8 million mobile-app installations across more than 50 cities

The company’s platform allows households to book trained and verified chefs and cooks for on-demand, recurring, and event-based in-home cooking services. ChefKart has developed processes for identity verification, background review, skills assessment, training, and ongoing customer feedback, providing a structured alternative to the traditionally informal household-cooking market.

GreetEat Corporation has entered into a binding letter of intent to acquire ChefKart. If the proposed transaction is completed, ChefKart would become a wholly owned subsidiary of GreetEat, and its shareholders would receive shares of GreetEat Series A Preferred Stock. GreetEat views the proposed acquisition as a strategic move that could transform the company from a technology business with a developing consumer-services strategy into a company with exposure to an operating, revenue-generating consumer platform in one of the world’s largest markets.

However, the transaction remains subject to due diligence, negotiation, execution of definitive agreements, required approvals, financing, and other customary closing conditions. There is no assurance that the transaction will be completed on the contemplated terms, within any anticipated timeframe, or at all.

"Our view of ChefKart is that it has the potential to become substantially larger than its current operating footprint," added Vishal Patel. "The most compelling aspect of the opportunity is the combination of demonstrated demand and a model that we believe can be replicated. ChefKart has already built the technology, operational processes, customer base, and chef network. The next phase is about taking that foundation into additional markets and building scale."

Founded in 2020 and headquartered in Gurugram, India, ChefKart Hospitality Private Limited operates a technology-enabled platform through which households can book trained and verified chefs and cooks for single-session, recurring, and event-based in-home cooking services. ChefKart’s mission is to simplify the way India eats by helping households access freshly prepared food in their own kitchens while creating structured opportunities for cooking professionals. To learn more, visit thechefkart.com.