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Posts Tagged ‘ food-tech ’

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

Monday, September 19, 2016 | More »

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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 ...

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 »

Eatonomist

Exclusive: MCube Capital invests in food-tech startup Eatonomist

Eatonomist, an online platform that delivers meals prepared at its kitchens, has raised an undisclosed amount in seed investment from MCube Capital Advisors Pvt Ltd, as it tries to enhance operations, a top company executive told Techcircle.in. The Gurgaon-based startup, which is run by Fitmeal So...

23 May, 2016 | More »

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Exclusive: Food-tech startup MealHopper halts operations

MealHopper, a startup which connected local cooks with users for homemade meals, has run into rough weather in the latest instance of a food-tech venture struggling to survive despite attracting investors. The Gurgaon-based startup, run by MealHopper Technologies Pvt Ltd, has stopped taking orders o...

18 May, 2016 | More »

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Exclusive: Restaurant food pre-ordering app Zeppery shuts shop

Mobile app Zeppery which allows users to pre-order food at restaurants and other food outlets and thus avoid long queues has decided to shut shop, barely six months after commencing operations, a senior executive told Techcircle.in. “We were trying to copy, Tapingo, a US-based startup, but realise...

13 May, 2016 | More »

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