Moneycontrol
Last Updated : Dec 31, 2014 05:40 PM IST | Source: CNBC-TV18

Tech meets taste: Perfect dosas a button's push away

If Bangalore is all about technology, how can the humble, yet beloved snack of the south and indeed of the entire country - the Dosa, be left out.


Disruption, automation, innovation - all of that into the making of the perfect Dosa. A Bangalore-based start-up has come up with an automatic Dosa maker and the invention is selling like hot cakes among quick service restaurants. Just over a year into the business, the Dosamatic has already scored a century!


If Bangalore is all about technology, how can the humble, yet beloved snack of the south and indeed of the entire country - the Dosa, be left out.


The automated Dosa dispenser has arrived and ushering in this tech-meets-taste machine are 2 SRM university students who began their digital Dosa making experiment back in October 2013. Dosamatic is a table top Dosa maker, approximately the size of a microwave. Each machine costs Rs 1.5 lakh. Pour in the flour, oil and water and hot delicious Dosas are ready in exactly 60 seconds. The company has already sold a 100 Dosamatics and it says orders are picking up - not just in India but also overseas.


Eshwar K Vikas, CEO, Mukunda Foods Private Limited says, “We have about 100 Dosamatics. In the North - Delhi, UP, Gujarat, Maharashtra, West Bengal and even in smaller cities like Varaanasi and Rishikesh. In the south – Tamil Nadu, Andhra Pradesh, Kerala and Karnataka. Apart from that, we also ship to international countries like Australia, UK, USA, UAE and we will be shipping to other countries like Singapore, Indonesia in the coming months.”


Mukunda Foods - innovator of the Dosamatic, raised about Rs 1.5 crore in its first funding from the Indian Angel Network. The company plans to raise over Rs 5 crore from the same investor in January 2015. Mukunda founders say future funding shouldn't be a problem as many venture capital funds are already showing keen interest.


“IAN is willing to do a bridge round with us where till we raise to a VC level, they fund your requirements in the company. There have been other VCs, investment bankers but till now we haven't materialised anything'. 'In the next round of funding, we are looking for it. It will be series A funding,” he added.

100 sold so far and an aggressive sales target of 5000 units by end 2015. Mukunda founders say the aim is within reach as the company is looking to go beyond b2b or the quick service restaurant space, and target the retail market directly. But the company has an ambitious eye on the future that goes well beyond Dosas - automated Vada makers or Samosa makers and a host of other fried snack making machines could be the next serving from Mukunda Foods.

First Published on Dec 31, 2014 05:33 pm
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