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Posts Tagged ‘ food-tech ’

Food-tech startup 48East raises $500K in pre-Series A funding

Friday, February 10, 2017 | More »

Amazon plans online food venture in India
Bangalore-based Love Food Ventures Pvt Ltd, which runs online food delivery startup 48East, has secured $500,000 (Rs 3.4 crore) in pre-Series A funding from the Al Dhaheri family of the UAE, it said in a press statement. 48East prepares and delivers Asian gourmet food on demand. The number 48 refers...

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Kalaari Capital-backed Eatfresh shuts down retail food delivery

Internet-first restaurant brand Eatfresh, owned and operated by Chennai-based Ubiquitous Foods Pvt Ltd that also runs the bakery chain Ovenfresh, has shut down its retail food delivery services. According to a message on the website, the company has stopped its on-demand meal delivery service, but w...

4 January, 2017 | More »

Gorb

Essel group ventures into online food delivery, launches Gorb in Mumbai

Essel Group’s Living Entertainment Enterprises Pvt. Ltd has launched an online food delivery service called Gorb. The platform for both web and mobile (Android and iOS) is currently live in Mumbai, except Navi Mumbai and Thane, Medinama reported. Gorb has a ‘daily menu’ cooked by home chefs an...

12 October, 2016 | More »

swiggy_fe

Food ordering startup Swiggy gets $15 mn from Bessemer Venture, others

Bengaluru-based Bundl Technologies Pvt Ltd, which owns and operates online food ordering platform Swiggy, has raised $15 million (Rs 100 crore) in a Series D funding round led by Bessemer Venture Partners. Swiggy’s existing investors, which include firms such as Accel India, SAIF Partners and ...

19 September, 2016 | More »

Ratan Tata

Food-tech startup Idea Chakki gets funding from Ratan Tata

Food-tech startup Idea Chakki Pvt. Ltd has secured an undisclosed amount of seed funding from Ratan Tata, chairman emeritus of Tata Sons Ltd. The Delhi-based firm has also tied up with Enablers, a fundraising platform for startups, for its next round of funding, it said in a statement. Idea Chakki s...

13 September, 2016 | More »

food-startups

Hunger deaths don’t deter fund flow to food startups

The hunger for a small pie of the large food genre continues to inspire startup entrepreneurs as well as investors. In the week ended August 4, at least four food startups, two among them in the dreaded food-tech genre that saw heavy casualties in the past eight to 10 months, got a thumbs up from [&...

8 August, 2016 | More »

Bite-Club1

Exclusive: VC-backed food delivery startup Bite Club pauses operations

Gurgaon-based startup Bite Club has stopped its food delivery operations, one of its co-founders said, joining a growing list of ventures failing to make money in a segment that was investors’ darling last year. “We are on a temporary halt right now. We are working on a different strategy,” Pr...

15 July, 2016 | More »

Holachef

Exclusive: Food-tech startup Holachef raises fresh funding from existing investors

Mumbai-based startup Holachef has raised fresh funding from two of its existing venture capital investors even as food technology as a domain is going through consolidation. The food-tech startup run by Holachef Hospitality Pvt. Ltd that also counts Tata Sons’ chairman emeritus Ratan Tata as a...

8 July, 2016 | More »

zupermeal

Exclusive: Chef Sanjeev Kapoor-backed home food delivery startup ZuperMeal shuts shop

Home food delivery startup ZuperMeal has apparently closed down its operations eight months after it raised seed funding. The ZuperMeal app, when downloaded, is showing an error message. The website of the firm is also not working. Moreover, one of the three co-founders, Balasubramanian Anantha Nara...

27 May, 2016 | More »

zomato

Five takeaways from Zomato’s FY16 performance

Restaurant listings and discovery company Zomato Media Pvt Ltd has been able to reduce its operating cash burn to $1.7 million in May from a high of $9 million last year, but it’s still a long way from being in the black. In an investors call on Thursday, Zomato CEO and co-founder Deepinder Go...

27 May, 2016 | More »

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