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FRESHMENU REVENUE INCREASE
Cloud kitchen firms cut losses to cook up healthy numbersIndia's cloud kitchen startups achieved revenue growth and reduced losses in FY24 by managing expenses. However, high inflation may impact ...
Swiggy shuts The Bowl Company cloud kitchens in Delhi-NCRSources said Swiggy was attempting to become operationally fitter and was cutting down on some of its experimental activities, while indica...
Why are food aggregators leveraging the delivery-only model?Cloud kitchens can take customers' orders and deliver them for food brands. It is especially helpful for small and budding restaurateurs.
Oyo in talks to acquire FreshMenu for $60MThe move will help Oyo standardise its food experience across hotels, an initiative that has internally been in the works for more than a y...
PayPal’s revenue jumps 12x, thanks to its India armDigital payments company reports Rs 260-cr revenue for FY18 from Rs 21 crore last year
Hungry and hurried: The inside story of the race against the clock for food-tech startupsEfficiency of the delivery itself has become a key metric on which performances are being measured. But, after a tumultuous year, would tha...
ET Startup Awards 2018: FreshMenu founder Rashmi Daga wins ET-Facebook Woman AheadRashmi Daga’s vast experience across industries has equipped her to build FreshMenu as a formidable food-tech brand
India's online food aggregators are taking lessons from ChinaAs food-delivery startups try every trick in the book to increase the number of orders, the strategy that has emerged front and centre for ...
Why it takes time to get food delivery just rightAfter a funding rush in 2015, the food tech sector slowed and a number of players fell by the wayside. Among the few that survived and flou...
Cloud kitchen cos offer better spread vs food aggregatorsWhile food aggregators such as Swiggy lost more than what they made, the story has been a tad tastier for cloud-kitchen players. Sample thi...
Here's how Freshmenu's revenue grew by a whopping 124% this yearMuch of the investment is being funnelled to fuel growth within existing markets so as to further boost its 13,000 orders per day mark.
Freshmenu opens first front-facing kitchen, targets 2x revenue growth in FY18"In the last 6 months, we have doubled our footprint in Mumbai, opened a lot more kitchens. In this last month alone, we have opened 5 kitc...
Kitchen in the cloud: Food tech startups see a recipe for successThis kitchen-centric model has been feeding the curiosity of startups that are looking to replace traditional business models with a more s...
Unethical business conduct a major reason for Indian startups' failure: IBMPrivate equity and VC funds have infused more than $22 billion of capital into India since 2006, according to startups analytics firm Tracx...
Jiyo Natural acquires food delivery company Sangeetha Aahar"After the acquisition, we will be delivering around 2,700 meals a day and aim to reach close to 4000 in three months", said Jayas Damodara...
Cafe Coffee Day ties up with Swiggy, to deliver at your doorstepCafe Coffee Day will now deliver its coffee and snacking items at your doorstep. It has tied up with online food delivery startup Swiggy fo...
Now get a full meal at half the priceCompanies such as SpoonJoy, FreshMenu, Yumist and Frsh are emerging to grab a hearty slice of the sector and are slowly becoming a favourit...