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The Silicon Review Asia

Singapore Property Tycoon to open all-new cloud kitchens across Asia

Singapore Property Tycoon to open all-new cloud kitchens across Asia

In recent times, technology plays a pivotal role in our lives. Especially after the COVID-19 pandemic, people are worried about their eating habits and where to eat, with restaurants being closed. With this, the demand for the food-delivery service has also increased. This is when Singapore's property, Tycoon Kishin R.K, the 36-year-old multi-billionaire, is joining the fray to create almost 1,000 cloud kitchen across Asia, Europe, and the US.

The cloud kitchen will be offering a lucrative home delivery dining market. These cloud kitchens can help established restaurants looking to broaden their delivery footprint and build an app that focuses on food delivery. "The investment into cloud kitchens is an opportunity to look at real estate with a different lens and create revenue from a space which may not be as relevant anymore," said Kishin, who founded TiffinLabs

His company Tiffinlabs will be taking a slightly different approach, as it will be renting the kitchens in restaurants and those used by the catering firms. While the firm will employ chefs and other kitchen staff to cook food and deliver the food with ease to the respective places with the help of newly build apps that are mainly meant for food delivery than using the already existing food delivery apps.

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