India specific exclusive coverage of FoodTech startups. Find information on latest news, funding, mergers & acquisition and reviews of foogdtech startups
With the continuing efforts to bolster its cash reserves at a time when the food delivery sector is rebounding from the ravages of the coronavirus pandemic, Foodtech unicorn Zomato has…
Indian food delivery giant Zomato has raised around ₹1,066 crores ($150 million) from Alibaba‘s affiliate Ant Financial, reported ET. The latest funding is expected to be a part of a…
India’s food delivery giant Swiggy‘s parent company Bundl Technologies saw its losses balloon up fivefold to reach ₹ 2,363 crores in FY19 from ₹397 crores in FY18, as reported by…
US ride hailing company Uber, may go for Initial Public Offering(IPO) for its food delivery business, Uber Eats. The new FoodTech startup has been losing money is its food delivery…
Gurugram-based Hoi Foods has raised around ₹3.6 crore ($500,000) in a pre-series A funding round led by crowdfunding platform 1Crowd and its investor community. Other investors that participated in the…
Indian food delivery giant Swiggy has expanded its presence across India by launching services in 16 new cities. With the addition of new cities, Swiggy now has a presence across…
Indian food delivery giant Swiggy witnessed a 232% growth in operating revenues, to touch ₹442 crore in FY18, from ₹133 crore in FY17. The startup also saw its revenues rise…
Uber Eats, the food delivery arm of global cab-hailing company Uber, has partnered with Cafe Coffee Day (CCD), to launch a first-of-its-kind virtual restaurant. With the new initiative, Uber Eats…
Mumbai-based food delivery startup Faasos, owned and operated by Rebel Foods, is reportedly in talks with investors, to raise around ₹730 crores ($100 million). The report by Economic Times, also…
Online food delivery startup Foodpanda has acquired Mumbai-based internet restaurant Holachef for an undisclosed amount. The latest acquisition marks Foodpanda’s entry into the cloud kitchen business, as it looks to…
