Ai Palette raises $4.4 mln from pi Ventures, Exfinity VenturesThe company has built a proprietary technology that identifies food trends in real-time and helps in creating product concepts that meet co...
24 Aug, 2021, 10.00 PM IST
Indian startups raised $6.5 bn in April-June 2021, 11 unicorns createdAbout 160 funding deals were closed in the three months to June 30, up 2% from the January-March period, while fundraising rose 71% to $6.5...
23 Aug, 2021, 11.41 AM IST
VC firm 500 Startups sees a new story in vernacular contentIt has invested in companies such as healthtech startup Niramai, dairy IoT company Stellapps, foodtech startup InnerChef, travel tech Pepo ...
07 May, 2018, 12.16 PM IST
Foodtech startups revert to an old recipe for success: Earn, then spendOrders have crossed 4,50,000 a day for food delivery startups and they’ve tightened their belts— they’re now looking forward to a feast aft...
11 Mar, 2018, 11.55 AM IST
Swiggy hungry for more as it eyes bigger bite of India's food-tech pieHow did a three-year-old company make such rapid strides in a market where scores of other have tried, tested and failed with their offerin...
21 Aug, 2017, 09.10 AM IST
Startup funding in Maharashtra dips 42% to $285 million in 2016According to the News Corp VCCEdge's latest report focused on startup funding in Maharashtra, 2016 witnessed 219 deals worth $285 million a...
14 Feb, 2017, 02.10 PM IST
Foodtech startup by former Papa John's CEO, Freshmenu chef gets $500KThe fund raise from UAE’s Al Dhaheri family comes about six month after 48East raised $250,000 in a round of angel funding from Agra-based ...
09 Feb, 2017, 05.30 PM IST
Foodtech resembled a startup graveyard in 2016For the most part, the rise and fall of these business models can be attributed to the hype cycle entrepreneurs and investors fell prey to
31 Dec, 2016, 10.53 PM IST
Investments in fintech firms at an all time high; Rs 1,245 crore pumped in so far in 2016While size of the target market and scaling up potential are the usual questions asked by investors, unit economics and operating profits a...
05 Aug, 2016, 01.55 AM IST
Unit economics challenging for food-tech startups: SpoonJoy's Manish JethaniSix months after online grocery delivery player Grofers acqui-hired food-tech startup SpoonJoy, the former CEO talks about challenges in th...
27 Apr, 2016, 10.20 AM IST
Burrp looking at revenue of Rs 150 crore by March 2019The food-tech company is also aiming to facilitate transactions worth Rs 1,000 crore through its platform in the same period.
10 Apr, 2016, 01.46 PM IST
Food delivery startup Spoonfed to expand global market for better marginsThe move comes at a time when food-tech startups are facing operational challenges in tapping the online delivery market, which Morgan Stan...
07 Apr, 2016, 01.20 PM IST
It’s true! Data proves funding winter has set in“The sentiment is cautious,” Sudhir Sethi, chairman of active venture firm IDG Ventures, said at an Indian Private Equity and Venture Capit...
07 Mar, 2016, 04.00 AM IST
FreshMenu raises Rs 110 crore in new round of fundingThe deal values the startup at around Rs 300 crore ($45 million) according to two people with knowledge of the development.
08 Jan, 2016, 05.18 PM IST
Faasos raises Rs 200 crore in fresh funding at a time of gloom for on-demand food startupsFaasos Food Services has raised $30 million (about Rs 200 crore), managing to secure funds at a time when several of its competitors are fo...
07 Dec, 2015, 12.13 PM IST
Expected layoffs at Zomato latest sign of turbulence in food-technology industryThe expected layoffs at online restaurant-discovery platform Zomato are only the latest sign of turbulence in the food-technology industry.
19 Oct, 2015, 04.00 AM IST
Funding slowdown takes a toll on food-tech startups like Eatlo, FreshMenu, FrshEatlo, FreshMenu and Frsh do not have money to sustain operations beyond a few months as they are unable to raise fresh rounds of funding.
01 Oct, 2015, 10.23 AM IST