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99HomeMade.com- A Startup Giving You a Bite of Homemade Food

6Feb By NitishNo Comments

Story

99HomeMade.com- A Startup Giving You a Bite of Homemade Food

As you bunker down in your house, probably listening to light music or binge watching and suddenly realize your stomach growls for food! Fortunately, if you are in Gurgaon, you can cater to your stomach by serving it the TRULY Homemade food and that too without creating a big hole in your pocket! With 99HomeMade.com, now customers can get a totally customizable meal at tremendous low costs of just Rs. 99/ onwards on their doorsteps. “At 99homemade.com you just need to select your meal from immense varieties, from breakfast to dinner. You can customize your meal or plate select according to your diet and like, in addition you can add chutney and other additives, which are freshly prepared.” Encountering the Brand for the First Time The 99Homemade.com comprises of several, what...

After Raising 25 Crore, Bengaluru Based Eatfresh Shuts Down its Food Delivery Operation

6Jan By NitishNo Comments

News

After Raising 25 Crore, Bengaluru Based Eatfresh Shuts Down its Food Delivery Operation

Bengaluru-based EatFresh, a food-tech startup operated by Chennai-based Ubiquitous Foods Pvt Ltd that also runs the bakery chain Ovenfresh, has shut down its retail food delivery services. The company had altogether raised Rs 25 crore from kalaari capital. The online food venture was launched in August 2015 by Rajiv Subramanian, an IIM-Ahmedabad alumnus and former investment banker with Lehman Brothers, operated a full-stack model and offered Indian and international cuisine in a daily rotating menu at nearly 20 locations in Bengaluru. It used to prepare food at a commissary kitchen and then send the products to 10 distribution hubs. Ovenfresh, a retail bakery chain founded eight years ago caters to 10,000 customers a day across 50 locations in Chennai and Bangalore, according to Su...

24Oct By AnkitaNo Comments

FUNDING

Food Delivery Startup Box8 Raises Rs 50 Cr Funding From IIFL, Mayfield

Food delivery start-up Box8 today said it has raised Rs 50 crore in funding from IIFL Seed Ventures Fund & Mayfield. Box8 is a full stack online food delivery player that specializes in preparing and delivering Indian food. Its diverse menu consists of over 100 dishes in all-in-1 Indian meals, biryanis, wraps, sandwiches and salads. Started by two IIT graduates, Amit Raj and Anshul Gupta, Box8 now serves 12,000 meals a day to its consumers through a network of 60 stores across three cities -- Mumbai, Pune and Bengaluru. The funds helps strengthening the supply chain eco system, building superior technology, enhancing product development and expanding to new geographies, Amit Raj said. "Our strategy of establishing ourselves in certain key markets, instead of spreading wide and ...

Bangalore Based Food Startup Swiggy Raised Rs 47 crore

10May By AnkitaNo Comments

FUNDING

Bangalore Based Food Startup Swiggy Raised Rs 47 crore

Online food ordering startup Swiggy has raised Rs 47 crore from existing investors Norwest Venture Partners, DST Global and Accel Partners. The value of Swiggy is now over Rs 865 crore or $130 million. Over the past few months, the company has also seen its order value basket size increased to Rs 375 per order. Close to 30% of these orders are cashless. Swiggy is also fulfilling close to 40,000 orders from the eight cities that it operates in including Bengaluru, Hyderabad and Delhi-NCR. The new round of funding gives the startup additional horsepower to go deeper into its core eight cities and maintain its market leadership position as it competes with other startups including Zomato and Runnr, to be formed after the merger of Roadrunnr and TinyOwl. Reddy explained that the compa...

Deal: Roadrunnr and TinyOwl in Early Stage of All-Stock Deal

9May By NitishNo Comments

ACQUISITION

Deal: Roadrunnr and TinyOwl in Early Stage of All-Stock Deal

As per the report in ET, Roadrunnr (Logistics player) and Tinyowl(online food ordering platform) are in early stages talks to merge in an all-stock deal. Venture funds including Sequoia Capital and Nexus Venture Partners invested in both the startups. At present, both companies have cash to sustain operations for at least 10 months. The talks under way for a few months now, are still at a preliminary stage the sources said. If talks prove successful, the combined entity could explore several options including launching food ordering and delivery services and may also expand to categories beyond food like the launch of bike taxis, the sources said. If the deal does goes through, the combined entity may look at raising fresh funding of about $40 million, the person said. A successfu...

First Indian Unicorn Startup is Going to Be Profitable in 2016

8Feb By reutersNo Comments

News

First Indian Unicorn Startup is Going to Be Profitable in 2016

Indian restaurant search and food delivery service Zomato, one of only a handful of Indian start-ups to succeed abroad, said on Monday. It had broken even in key markets including India and is on track to make a profit as early as June next year. The result comes as Zomato seeks $200 million in funding, a source close to the group said, in an increasingly tough environment for start-ups. Zomato, which makes money through advertising and its delivery service, said it had hit operational break-even in India, the UAE, Indonesia and three other markets in the Middle East and Southeast Asia. Together, they account for the three-fourths of the company's revenue, co-founder and chief executive Deepinder Goyal told Reuters. "The fundamental model of our business is that in mature markets we...

12Dec By PriyankaNo Comments

News

Uber Expands Its UberEATS App

Uber announced on Wednesday that it’s delving further info into food delivery with its new UberEATS app, separating its food delivery from its ride-sharing service. The original UberEATS launched in Los Angeles last year, and has since moved into Toronto, New York City, Austin, Chicago, and Barcelona. It promised delivery in 10 minutes or less, but only operated during certain hours, which vary in the different locations, with a selection limited to just a couple of options. The UberEATS app, currently only available in Toronto, offers longer hours and a much wider selection. It will be available every day from 10 a.m. to 10 p.m. and customers can view full menus from over 100 restaurants. It will also offer an Instant Delivery menu during lunch hours for a quicker option that sh...

6Sep By RishabhNo Comments

News

Challenges, growth and takedowns of Online Food & Groceries startups in India

Many emerging start-ups like BigBasket and PepperTap have started to acquire the market with their services of providing food and groceries right to your doorstep. Providing over more than 14,000 products all over from pulses to dairy and eggs and all that too online is no small thing. These startups have slammed the accelerators and are working hard and consistently to grow over into the deepest of valleys and every street in their working region. (more…)