Former Uber CEO Travis Kalanick acquired a ghost kitchen company in 2018 and has since been making deals in China, India and the United Kingdom. Hundreds of thousands of people are without power in places from Mississippi to Kentucky and upstate New York, and forecasts call for more snow in California. 2023 Fortune Media IP Limited. The start-up helps restaurants deliver to customers while reducing real estate costs. Virtual Kitchen didn't immediately respond to a request for comment. By submitting your email, you agree to our, The freshest news from the local food world, Ex-Uber CEO Travis Kalanick Plans to Lure Actual Humans to His San Jose Ghost Kitchen, 1143 San Carlos Ave, San Carlos, CA 94070, Sign up for the The outcry over Khashoggis murder, by assassins with Saudi government ties, caused many big companies to publiclyif temporarilydistance themselves from the kingdom. Here's how to franchise a restaurant. cheap locations. virtual kitchen business through a series of deals with start-ups inChina,Indiaas well asthe United Kingdom. Ghost Kitchens, an Indian cloud kitchen incubator, has acquired Speak Burgers, a gourmet cloud kitchen start-up owned by celebrity chef Vicky Ratnani, for an undisclosed sum. Plus, say goodbye to Nopas takeout fried chicken, and more intel. After acquiring Swiggy's cloud kitchen ops, its overall gross merchandize value would be $65 million (Rs. Travis Kalanicks new startup has raised that amount from Saudi Arabias sovereign-wealth fund, a longtime ally and backer of the ousted Uber CEO, the Wall Street Journal reported on Thursday. However, if you dig deep, you'll find out that they are a little more than that. The deal is a significant step up from the startup's last publicly reported valuation of $5 billion in 2019 and marks the latest milestone in Kalanick's comeback, after being ousted from Uber in June 2017 amid reports of a toxic corporate culture. As a Market Strategy Analyst, Kaley is passionate about strategically matching individuals and organizations with unique outsourcing solutions ranging from ecommerce, healthcare to hospitality and travel.