Existing investor Sequoia Capital will put in $10-15 million in the latest round of $35-million equity financing, which is just closing.

The firm said it ended 2017-18 with Rs 147 crore in net revenue and cut its loss by half from FY17, when it clocked a loss of Rs 82 crore.

The entry of technology and mobile application-based services has led to a massive transformation in how the food industry operates. With c...

As food-delivery startups try every trick in the book to increase the number of orders, the strategy that has emerged front and centre for ...

Cloud kitchen, a term used for kitchens situated in remote areas — with food delivered via orders placed on an app — has turned out to be a...

Cloud kitchen, a term used for kitchens situated in remote areas — with food delivered via orders placed on an app — has turned out to be a...

Faasos, which runs on a cloud-kitchen model offering four in-house brands on its platform, pivoted from a multi-brand marketplace model in ...

The app, which provides a range of services such as food delivery, home maintenance, fitness and electrical repairs, is operational in Beng...

Set up in 2011, Faasos now has a presence across 15 cities through 180 kitchens and Barman said that the target was to double this number b...

Faasos Food Services has raised $30 million (about Rs 200 crore), managing to secure funds at a time when several of its competitors are fo...

The platform has 800,000 downloads and the company expects to hit a million downloads in a couple of weeks, the company said in a statement.

The company receives 10,000 orders a day and is eyeing gross merchandise sales of about $40 million by the end of 2015-16.

A growing number of internet and mobile-first ventures are now opting for digital payments.

Quick service brands such as Faaso’s, Goli Vada Pav and Café Coffee Day are cashing in on the crowds at the mega event as an additional rev...

Quick service restaurants Faasos and Goli Vada Pav are adopting a mobile strategy to increase order turnaround time, churn rates, and impro...

Goli Vada Pav, an Indian ethnic QSR chain, is working on its mobile strategy as it pilots a home delivery model in Bengaluru in the next fi...

Investors are betting on Faasos’ ability to leverage technology, both on the backend and frontend, to emerge as a leader in the domestic QS...