Cloud kitchen startup InnerChef pockets pre-Series B funding

Kavya Kothiyal

Cloud kitchen startup InnerChef Pvt. Ltd has raised around $6.5 million (Rs 43 crore) in a pre-Series B funding round from a clutch ....

8 January, 2019

Zomato courts new investors as SoftBank switches focus to Swiggy

Kavya Kothiyal & Payal Ganguly

Food-tech unicorn Zomato is courting new investors in a bid to raise up to $1 billion in fresh funding even as Japanese investment ....

2 January, 2019
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Flashback 2018: The best of TechCircle from the year gone by

Team TC

TechCircle devotes its focus to new-age startups and enterprise technology -- two niche genres in which the action comes thick ....

31 December, 2018

Online grocers, food delivery startups face stricter norms

Binu Paul

The Food Safety and Standards Authority of India (FSSAI) has issued revised guidelines tightening scrutiny of e-commerce food ....

28 December, 2018

Flashback 2018: Fuelled by enormous investor appetite, food-tech finds its mojo

Binu Paul

The events of the past year have made it amply clear that food-tech is certainly not a winner-takes-all business. Four heavily-funded ....

26 December, 2018

Flashback 2018: Unicorns, Chinese cheques drive buzz in startup ecosystem

Binu Paul

India’s startup ecosystem took a long stride towards maturity this year, as several big-ticket acquisitions and funding ....

24 December, 2018
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Food-tech unicorn Swiggy secures $1 bn in new round as valuation nearly triples

Kavya Kothiyal & Vijayakumar Pitchiah

Online food delivery startup Swiggy has raised $1 billion (just short of Rs 7,000 crore at current exchange rates) in a fresh ....

20 December, 2018

In charts: How Zomato, Swiggy transactions lifted food-tech deal value to new high

Keshav Sunkara

The number of investment deals in India’s food and agriculture sector dropped to its lowest level since at least 2014 but ....

22 November, 2018

Why the new regulations for online food delivery firms need greater clarity

Anurag Pareek & Samad Ali

Online food delivery companies have drawn significant interest from investors this year as they experience rapid growth. Zomato, ....

16 November, 2018

Too much on Swiggy’s plate? Food delivery app suffers outage amid expansion drive

Anirban Ghoshal & Payal Ganguly

Two mega funding rounds in 2018 — with a third one in the pipeline — have fuelled Swiggy’s rapid expansion this ....

2 November, 2018
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Swiggy closes revenue gap with Zomato in FY18 but loss soars

Dearton Thomas Hector

Bundl Technologies Pvt. Ltd, which runs food delivery app Swiggy, saw its operating revenues as well as its losses increase for ....

29 October, 2018

Exclusive: Swiggy close to securing $900 mn in fresh funding round led by Naspers

Kavya Kothiyal & Snigdha Sengupta

Online food delivery startup Swiggy is close to finalising a term sheet to raise up to $900 million (about Rs 6,625 crore at current ....

18 October, 2018

It’s official: Ola-owned Foodpanda acquires Holachef

Vijayakumar Pitchiah

Foodpanda India, the online food delivery firm owned by cab hailing company Ola, has acquired shuttered food-tech startup Holachef ....

16 October, 2018

Zomato raises $210 mn more from China's Alipay

Dearton Thomas Hector

Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is raising $210 million (Rs 1,500 crore) from Chinese ....

12 October, 2018

Zomato introduces self-pickup service to rein in costs

Payal Ganguly

Restaurant reservation and food ordering platform Zomato has introduced a self-pickup service in 13 cities, a move that seems ....

10 October, 2018

Zomato FY18 loss shrinks on higher revenue, cost cuts

Vijayakumar Pitchiah

Gurugram-based Zomato Media Pvt. Ltd narrowed its net loss for 2017-18, as the restaurant listings and food delivery company controlled ....

22 September, 2018

Swiggy is the most successful food-tech startup in India: COO Vivek Sunder

Dearton Thomas Hector & Anand J

Online food delivery firm Swiggy is on a funding spree this calendar year. In June, it had raised a whopping $210 million in ....

17 September, 2018

Naspers keen on ed-tech, fin-tech & food-tech startups in India: CEO Bob van Dijk

Payal Ganguly

Having sold its 11.18% stake in Indian e-commerce firm Flipkart to US retail giant Walmart for $2.2 billion, Naspers continues ....

14 September, 2018

China's Ctrip may invest $100 mn in Zomato

Kavya Kothiyal

Chinese travel services firm Ctrip may invest $100 million (Rs 724 crore at current exchange rates) in online restaurant discovery ....

10 September, 2018

Zomato, Swiggy on a mission to take unhygienic eateries off their menus

Payal Ganguly

Food delivery firms Zomato and Swiggy are on a clean-up drive, delisting restaurants that do not comply with regulations ....

5 September, 2018

It's only August but 2018 is already the best year for Indian unicorns

Dearton Thomas Hector

More unicorns have emerged out of India in the first seven months of 2018 than in any previous year, as venture capital investors ....

10 August, 2018