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VC investors head to Bharat for real impactThere is growing realisation across the board on the need to look at businesses that address problems in tier II towns.- How cloud kitchens are helping Faasos survive the foodtech bloodbathCloud 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...
- 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
- With intense competition, food tech companies look to institutional customersGoogle, Citibank, Snapdeal, Yatra and Oyo Rooms are some companies that these startups have been serving.
- Ronnie Screwvala backs food-tech startup YumistOverall, it's been tough going for the so-called food-tech ventures, which have together attracted nearly $194 million in funding so far th...
- Food technology startup Yumist raises Rs 12 croreMoney raised will be used scale up in existing cities — Gurgaon, Delhi and Bengaluru till March, after which Yumist plans to expand to Mumb...
- Cloud kitchens optimise back-end for scaleInternet-first restaurants are looking to optimise their operational efficiency as economies of scale become crucial in a segment veering t...
- 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.
- Why VC firms are investing aggressively in budget-segment startups that cater to middle classInvestors see an aspirational middle-class with easier access to affordable smartphones potentially translating to a greater propensity to ...
- Yumist hires Pankaj Kumar Sharma, ex-founder of Langhar, as chief technology officerIt is also rolling out a device for tapless ordering for top customers, whose data history of preferences is available with them. With this...
- 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...
- Orios on road to raise Rs 1,200 crore; looks to invest in financial tech and B2B companiesThe fund will have the option to raise up to Rs 1,200 crore, taking it in the league of larger VC firms like Kalaari Capital and Helion Ven...
- Food tech companies like FreshMenu and Box8 ramp up apps for growthFood-technology companies FreshMenu and Box8 are focusing heavily on mobile-apps to increase sales and customer experience.
- Why food-tech companies are roping in promising chefs from leading brands to head kitchen operationsThe attraction for chefs to work with food brands lies primarily in creative freedom to run the show independently at the backend.
- 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.
- 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...
- Internet-first restaurants to get more investment as investors may take a relook at QSREarly movers among the Internet-first restaurants, which work on a delivery-based model, include Holachef, Spoonjoy, Frsh, Yumist, Eatlo, B...
- Food technology start-up YuMist raises Rs 6.2 crore from VC firm Orios Venture PartnersThree-month-old Gurgaon-based YuMist has been founded by Alok Jain, former chief marketing officer of online restaurant search platform Zom...
- 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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