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FOODTECH PLATFORM
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...
- Swiggy shares rally 8% in 2 days; IIFL sees 46% upside potentialSwiggy's share price surged following a 'buy' rating from IIFL Capital, projecting a 46% upside. The brokerage emphasises Swiggy's improvin...
- Swasth Foodtech shares list flat on BSE SME platformSwasth Foodtech's IPO received a mixed response with an overall subscription of 7 times and 13 times from retail investors, raising funds f...
- 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...
- Prosus says Indian portfolio firms Swiggy, Byju’s saw strong growth in FY22“Our food platforms continued to grow strongly at the core of the food delivery business and are now investing to extend that growth throug...
- Foodtech platform Pluckk raises $5 million seed capital from Exponentia VenturesFoodtech firm Pluckk's proposition is centred on global food trends ranging from vegan, carb alternatives, gut health, immunity to plant-fo...
- 104 startups on Startup India Showcase Platform: GovtThe selected startups get pilot opportunities from governments, corporates, and international organisations, fund raising opportunities fro...
- 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...
- To support local businesses, Indian firm launches Whatsapp menu discovery platform 'Bro Eat!'The platform will let restaurants choose the third party delivery vendor they want to work with and also get direct access to their custome...
- 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...
- 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...
- 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.
- 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.
- Zomato launches tech suite to help restaurants, kitchens transact onlineZomato said it has launched its Whitelabel Platform (zomato.com/whitelabel), a full suite of technologies for restaurants to run their busi...
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