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Hevo Data gets $1 mn to live the American dreamHevo leverages machine learning to understand the source model from various kind of data sources such as databases, cloud applications, sen...- Consolidation, not expansion is the key for SwiggyThe foodtech startup raised $2 million early this year and there have been talks of another bigger $12 million round of fresh funding from ...
- 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...
- Startups brace for dry season: Growth-stage players stuck with valuation difficultiesEarly-stage startups are continuing to garner funds, despite venture capitalists treading with caution, but growth-stage players are findin...
- 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.
- 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...
- Online food-ordering startup Swiggy in talks to raise around $40 millionOnline food-ordering startup Swiggy is in advanced talks to raise $35-40 million (Rs230-265 crore) from internal investors like Accel Partn...
- Jubilant FoodWorks plans to hire 5,000 employees in FY16, invest Rs 200 croreThe company, which is already a 30,000-people strong organisation, is looking to invest about Rs 200 crore for its expansion plans.
- Ruthless layoffs won’t make hiring easy for startupsAs startups including Zomato and TinyOwl let go of employees because of changed strategies or shrinking funds, experts warn that the recent...
- 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.
- Food delivery startups like Dazo feel the heat, some shutdown operationsSpoonJoy, Bengaluru-based online food service venture that raised $1 mn in May, shut down its Delhi operations last week and has started sc...
- 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.
- Gurgaon-based food-tech company Yumist launches operations in BengaluruYumist has recently hired Rahul Mishra, responsible for kitchen operations who comes from Continental Kitchen, a kitchen manufacturing comp...
- Eatlo raises second round of angel fundingBengaluru-based food-tech company Eatlo, has raised its second round of angel funding from Powai Lake Ventures, Abhishek Goyal of Tracxn La...
- Box 8: Company that packages daily food in easy-to-consume formatBox8, which raised Rs 21 crore from Mayfield Fund earlier in May, plans to launch services in other metro cities, and expects its order val...
- Virtual bites: Challenges of online restaurant startupsEatlo is one of India’s 65 internet-restaurant startups that have mushroomed in under a year, mostly catering to busy urban Indians.
- Norwest Venture Partners to invest Rs 96 crore in food delivery startupSwiggy also saw interest from New York-based investment firm Tiger Global Management, but Norwest has clinched the deal, said two of the so...
- Restaurant chain Mast Kalandar launches mobile-based delivery only serviceCurrently in beta phase, the service is catering to the city's Koramangala area. The firm plans to roll this out to other parts of Bengalur...
- 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...
- Food portals flavour of the season for venture capital investorsThe eating out market presents a large opportunity for entrepreneurs as it is expected to reach $78 billion by 2018, according to consultin...
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