Bengaluru food delivery startup Swish raises $38M Series B
Eighteen-month-old Swish secures fresh capital led by Hara Global and Bain Capital Ventures, more than doubling its valuation as it grows hyperlocal kitchens across Bengaluru.
Foodtech
Zomato Launches ‘Nugget’, AI-Powered Customer Support Platform for Businesses, Rebrands Parent Entity to ‘Eternal’
Zomato launches Nugget, an innovative AI-powered customer support platform. Renames its parent entity to 'Eternal Ltd.' as a part of broader strategy.
Thrive Becomes Latest Indian Startup to Fold, Citing Lack of Resources
Founded in 2020 by Krishi Fagwani, Dhruv Dewan, and Karan Chechani, Mumbai-based foodtech platform Thrive has shut down its operations.
Dubai’s Epik Foods Secures $15.5 Mn Investment from Ruya Fund to Accelerate Regional Expansion
Epik Foods secures $15.5M investment from Ruya Partners to expand in Saudi Arabia and UAE, supporting acquisitions and growth in the F&B sector.
[Shots] Talabat Gearing Up for IPO in Dubai
Talabat, a leading food delivery startup in the Middle East, a subsidiary of German foodtech major Delivery Hero is gearing up for its IPO in Dubai
Foodtech Unicorn Swiggy is Defrauded of ₹33 Cr by a Former Employee
Bengaluru-based foodtech giant Swiggy has witnessed embezzlement lately, with a former junior employee allegedly misappropriating approximately INR 33 crore.
EazyPay Forges Transformative Alliance with talabat for Enhanced Online Payment Services
Eazy Financial Services "EazyPay," a leading Bahraini fintech, has recently announced a strategic collaboration with talabat.
House of Brands model breaking the revenue barrier for Food brands – Redseer
Indian organized food services market is expected to double by 2028 from $30 billion to $60 billion driven by evolving consumer behavior.
Bengaluru-based FreshMenu’s 3.5 Mn food order data leaked
Bengaluru-based popular food delivery service platform FreshMenu has exposed over 3.5 million order details along with sensitive customer information.
There were 6.5 million online food delivery orders on New Year’s Eve 2023, setting a record and delivering 18% higher volumes compared to 2022: Redseer
From roughly 5 million orders on New Year’s Eve 2021, the same for 2022 was 5.5 million. 2023 was the best with 6.5 million orders.
Brisk Business – The Hidden Network of Freshness
We often grab a juicy apple from the local store or order sushi from our favorite restaurant without giving much thought to how they maintain such freshness.
6 Ways to make your food business greener
businesses in the food sector have an obligation to reduce their carbon footprint. Six ways you can make your food business more green!