July 12th, 2018Mumbai-based children’s snack foods company Mumum Co raises ₹3.4 crores angel funding from angel investors like Nisa Godrej, Executive Chairman of Godrej Consumer Products Ltd, and Siddharth Parekh and Sumeet Nindrajog, co-founders of Paragon Partners.
The food company will use this funding to offer a new product range, team...
May 29th, 2018Bengaluru based YCook, a ready-to-cook processed package food startup raises $5 million (about ₹33.7 crore) in a Series B funding. The current funding round saw participation from Binny Bansal led venture capital firm 021 Capital, Oikocredit. The existing investor Omnivore also participated in this round.
The food company will use...
April 25th, 2018Foodpanda, the food delivery app announced on Tuesday that it will begin a partnership with PhonePe to provide digital payments to every users on their platform. Moreover, Foodpanda users will benefit from a cashback of 50% up to Rs 100 on their first order as a first offer from PhonePe.
This partnership will now enable consumers to...
March 10th, 2018Delhi-based food ingredients maker startup Veba Foods raises ₹75 cr Series D funding from Samaa Capital, Belgium-based Verlinvest & others.
As per the Regulatory filings, the company Veeba Food Services Private Limited has allotted 691,550 Series D preference shares of ₹10/- at a premium of ₹1074.52 each on March 02,...
March 6th, 2018Middle East region has always been a conflicted area ever since its inception. Whether it is the continuously growing mass killing of Syrian refugees, or it is never ending regional, religious issues in Jerusalem, or the threats posed by ISIL groups over Syria and Libya, the problems just never seem to seize. In the midst of all the...
January 10th, 2018Food ordering and delivery platform Swiggy today said it has expanded its services to Chandigarh and has tied up with over 250 restaurants in the city.
The startup, which has gained a substantial market share and was last valued at USD 400 million when Naspers led a USD 80-million investment in May, said it will soon expand to...
December 24th, 2017Nutritionist Nikhil Dhurandhar, who was responsible for Aamir Khans wrestler looks in "Dangal", has come out with a book for fitness lovers and those aspiring for a healthier body.
In "Fat-loss Diet", Dr Dhurandhar seeks to bust diet myths with facts over fads and provides a plan designed specifically for Indians.
The book covers a...
July 8th, 2017Drums Food International, the parent company of Epigamia Greek yogurt, today said it has raised Rs 90 crore in a series-B round of funding.
The round was led by Belgium-based consumer focused private equity group Verlinvest and venture capital firm DSG Consumer Partners, with participation from InnoVen Capital, it said in a...
July 6th, 2017Jumbotail, an online marketplace for food and grocery, today said it has raised USD 8.5 million (over Rs 55 crore) from Kalaari Capital and existing investor, Nexus Venture Partners.
The company plans to utilise the funds for strengthening its technology platform and enhancing operational capabilities, Jumbotail said in a...
May 21st, 2017Alibaba Health is buying controlling shareholder Alibaba group's health food and nutritional products businesses for HK$3.8 billion ($488.3 million), further developing it into Alibaba's healthcare flagship platform.
Alibaba Health will buy Ali JK Nutritional Products Ltd from Alibaba Group in a deal to be settled by the issue of 1.19...
May 18th, 2017Online restaurant guide and food ordering app Zomato today said about 17 million user records have been stolen from its database.
The stolen information contains user email addresses and hashed passwords but no payment information or credit card data has been stolen/leaked, Zomato said in a blogpost on its website.
The startups...
