Dineout Acquires Food Tech Platform Binge Digital
Dineout has acquired Delhi-based food tech platform Binge Digital in an undiclosed deal.
Search Results for: food tech
Food Tech Startup Yumist Shuts Down
Gurugram-based food technology startup Yumist has decided to shut down its operation after it failed to raise any funding. The startup cooked its own meals and delivered to the customer’s’ doorstep through a cloud kitchen model.
Decoding: Why Food Tech Startups Are Not Successful in India?
Last year before Diwali we covered an interview of a 25-year-old Bikaneri sweet shop owner from Noida “What kind of Startup Services a “Bikaneri Sweet Shop” Owner Needs?”. Here we mentioned each and every point of a sweet shop owner needs from food tech startups. Though after a gap of one year we still feel that […]
Berkeley-based Foodtech Startup Raises $20 million for Expansion
Berkeley-based startup Once Upon a Farm has reportedly raised funds amounting to $20 million in Series B financing round. The funding round was led by CAVU Venture Partners. The company plans to use the funds to expand its direct to consumer business, partner with more U.S. grocers and build out a wider assortment of baby products. […]
FoodTech Firm Faasos to Foray into the Middle East Market
The food on demand platform Faasos is reportedly foraying into the international market starting from Dubai. The company has plans of seeking to capture the next leg of growth. Faasos Food Services, which operates the brand Faasos, is gearing up to establish its first batch of multi-brand cloud kitchens in Dubai. By the first quarter of 2019, […]
Zomato Acquires a Bengaluru-based Food-Tech Startup
Zomato, the online food delivery and restaurant discovery giant has reportedly acquired a Bengaluru-based startup known as TongueStun Food in a cash and stock deal. The startup is basically concerned with aggregating caterers and restaurants for office canteens. Following this acquisition, the valuation of the company will reach $18 million as stated by the people involved […]
Foodtech Startup EazyDiner Raises Rs 41 Crore in Series B Funding
EazyDiner Pvt. Ltd, a restaurant reservation startup has secured an amount of Rs 41 crore in Series B funding round. The funding round was led by Denlow Investment Trust and early-stage investment firm Beenext. The funds raised in the latest funding round are planned to be used in the expansion of its existence as well as […]
FoodTech Startup HungerBox Raises $4.5 Million in Series A Funding
A Bengaluru-based business to business foodtech company called ‘HungerBox’ has secured an amount of $4.5 million in a Series A funding round led by Sabre Partners and Neoplux which is a South Korean investment company. Along with these investors, the funding round witnessed participation of Infosys Co-founder Kris Gopalkrishnan and Lionrock Capital, who have been […]
FoodTech Company ‘Biryani By Kilo’ Raises $1 Million
A Gurugram-based foodtech company called ‘Biryani By Kilo’ has reportedly secured funds amounting to $1 million in a pre-series A funding round. The investment was carried forward by a clutch of investors led by Ajay Relan (Founder Chairman at CX Partners) and Vinay Mittal (Chief Financial Strategist at HT Media). The purpose of the startup is basically […]
Zomato vs Swiggy- The Much Heated ‘Unicorn’ Battle over $2.5 Bn Worth Foodtech Industry
It’s just been three months when Food Delivery Platform Zomato raised $200 Mn from Ant Financials and now it is gearing to raise fresh $200 Mn from Alibaba. Interestingly, Zomato’s arch-rival Swiggy is too nearing to acquire unicorn status as it is reportedly raising $200 million from Yuri Milner’s DST Global. While Swiggy has declined […]
Agri-Tech Startup Earth Food Raises Rs. 64 Cr Seed Funding
An Agriculture based startup headquartered in Pune, Earth Food has successfully raised Rs. 6.4 crore in a seed funding round from city-based Rairah Corporation. First reported by VC circle, the agri-startup deals in growing grows residue-free fruits and vegetables and sells them both online and offline will use the funding to expand its market outreach. […]
Foodtech Startup SmartQ Raises $1 Million From Dubai Investors
SmartQ, online food-tech platforms raise $1 million funding from an investor group led by Dubai based investors. The existing investor, YourNest has also participated in this round. Ex-Managing Director of Lazada group, Anvita Varshney has joined as the Board of Advisors for SmartQ. Neeraj Sharma, Ex VP HP Asia Pacific has also been mentoring the SmartQ team from early 2017. SmartQ intends to use the raised funds […]