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FOODTECH IN INDIA
SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...- Zappfresh in talks for majority stake in GM FoodsZappfresh is in discussions to acquire a majority stake in GM Foods. This move aims to expand Zappfresh's product offerings. The company is...
- Swasth Foodtech India IPO subscribed over 5 times on Day 3: Check GMP, price band and other detailsSwasth Foodtech India's SME IPO, open for bidding since February 20, was subscribed 5.08 times by the final day. The Rs 14.92 crore issue, ...
- Swasth Foodtech India IPO subscribed nearly 4 times on Day 2: Check GMP, price band and other detailsSwasth Foodtech IPO: Swasth Foodtech India's SME IPO, open since February 20, was fully subscribed 3.92 times by February 23. The ₹14.92 cr...
- Swasth Foodtech India IPO: Check key dates, GMP, price band and other detailsSwasth Foodtech India plans to raise Rs 15 crore through its SME IPO opening on February 20. The company will offer 15.87 lakh shares at Rs...
- Swasth Foodtech India IPO opens on Thursday. Co sets issue price at Rs 94 per shareSwasth Foodtech IPO: Swasth Foodtech India’s ₹14.92 crore IPO opens on February 20, priced at ₹94 per share. The rice bran oil processor pl...
- Shift in consumer behaviour fuelling transformation of food services in IndiaThe emergence of the FoodTech industry has not only transformed the way individuals enjoy their preferred dishes but has also introduced a ...
- Upstream agritech funding climbs 50%, likely to retain growth: reportUpstream in this context refers to the production side of the agri-supply chain, whereas downstream is the other end, where products are ma...
- Serve and survive: Corporate caterers borrow a line from food techWhen Covid lockdowns stifled corporate cafeterias, the smart foodtech firms turned to digitisation and diversification to keep themselves g...
- India’s online food services have plenty of room to growThe post-pandemic revival in India’s online food services industry has made Zomato a listed firm, drawn millions for Swiggy, and turned Reb...
- Zomato rolls out priority delivery feature for Covid-19 emergenciesDuring check-out on the Zomato app, users will have the option to mark their orders for Covid-19 emergency, which will alert the restaurant...
- India's food-tech industry to grow at 25% CAGR to USD 8 billion by 2022-end: Google-BCG report"Riding on the wave of higher consumption in a growing market and maturing dynamics on the supply side, we expect the industry to grow from...
- Food delivery apps score big in IPLBangalore has taken the lead in the total number of orders placed during the first fortnight of the IPL, followed by Mumbai, Hyderabad, Che...
- 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...
- ET Startup Awards 2017: Swiggy wins startup of the yearSwiggy has bolstered India’s struggling food-tech industry by keeping the customer at the centre of its business strategy.
- 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
- 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...
- 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...
- 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.
- Faasos will begin selling its own brand of jams, sauces, pickles through websiteFaasos will begin selling its own brand of jams, sauces and pickles through a retail website it is set to launch next year.
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