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GHOST KITCHENS FUNDING
PhonePe pauses IPO; Databricks' India ramp-upPhonePe has deferred its IPO citing the Iran war. However, sources tell us pricing of the issue was a key concern. This and more in today's...- Of rides & rivals: Travis Kalanick on Uber’s capital strategy, competition with LyftTravis Kalanick said the Uber–Lyft rivalry became a battle for venture capital as much as riders. Uber used fundraising as a strategic weap...
- Badshah now sells pizza with Ghost Kitchens, enters Domino’s turf with Badboy PizzaBadshah is entering India's QSR market with Badboy Pizza. It is a mass-premium pizza brand blending Indian and global flavors. The launch i...
- Building AI compute capacity via marketplace model; Paytm’s UPI share dipsIn early March, the union cabinet approved a Rs 10,371.92-crore India AI Mission that aims to build AI computing infrastructure of at least...
- Paytm Payments Bank CEO quits; Invesco hikes Swiggy’s valuationPaytm Payments Bank managing director and chief executive officer Surinder Chawla has tendered his resignation. This and more in today’s ET...
- Ghost Kitchens acquires Ahmedabad-based Shy Tiger BrandsGhost Kitchens expands in Gujarat with Shy Tiger Brands acquisition, adding KBOB's and The Black Chimney. Founder Karan Tanna leads the str...
- Hunger games: Investors at the table with appetite for food startupsPizza Wings, Boba Bhai in funding talks as HNIs, angels and other backers show interest
- Ghost Kitchens India raises $5 million in funding led by Gujarat Venture FinanceGhost Kitchens India, a cloud kitchen startup, raised $5 million in a Series A funding round led by Gujarat Venture Finance Limited. The st...
- Swiggy sells cloud kitchen biz; Feb sees marginal rise in e-scooter salesFood and grocery delivery major Swiggy has sold its cloud kitchen business Access to Kitchens@ in a share swap deal. This is another move f...
- MeitY preparing cabinet note on Data Bill; online food delivery spikes againIndia’s data protection bill, which has been in the works for years, could be introduced in the upcoming budget session of Parliament. Rest...
- Delivery-only outlets ride piggyback, find new road to successThe number of cloud kitchens on Swiggy trebled between FY19 and F21 and doubled on Zomato from January 2020. Industry leader Rebel Foods, t...
- Insane AI raises seed funding round led by pi VenturesInsane AI said its mission is to use technology and artificial intelligence (AI) to optimise physical fitness.
- SoftBank Vision Fund II in talks to invest in Dubai cloud kitchen KitopiVision Fund II has put forward a proposal to lead an investment of about $400 million in Kitopi, which plans to use the funds for expansion...
- F&B brands foray into new segments and offerings, some global brands considering India foray tooGhost Kitchen backed Goila Butter Chicken, the brainchild of master chef Saransh Goila and Vivek Sahani started operations in London last m...
- Zomato makes its takeaway service available to restaurants at zero commissionZomato looks at food takeaway as a gateway for restaurants to expand avenues to bring back customers while also providing more options for ...
- Spreading Cheer: Restaurants market signature tastes as sauces & dips to smell early successAs the pandemic and lockdowns all but decimated eating out, restaurants are bottling their signature tastes in a bid to shore up bottom lin...
- It's a 'make-or-break' summer for tourist destinations around the world; survival looks bleak with shut hotels, few visitorsThe annual influx of visitors is a concern for tourist spots around the world.
- Ghost Kitchens buys stake in restaurant brands QSR, EathosGhost Kitchens will provide capital, infrastructure, backend, marketing, and administration services to the two brands. It also plans to sc...
- Uber Ex-CEO Kalanick grabs slice of Behrouz biryani parentFood is prepared through a network of tightly-packed kitchen spaces in affordable locations, far from the bustling high streets that restau...
- Goldman Sachs, Gojek bet on India's Behrouz BiryaniRebel Foods says its 235 kitchens in 20 cities produce 2 million orders a month. Most are located in industrial complexes, first floor walk...
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