Sunday, December 22

Tag: Food

Leading Food Ordering App Swiggy Launches Operations in Chandigarh
10Jan By NitishNo Comments
News

Leading Food Ordering App Swiggy Launches Operations in Chandigarh

Food 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 neighbouring cities Mohali, Panchkula and Zirakpur. The restaurants partnered include legendary eateries, trendy cafes, ice cream parlours and national and international Quick Service Restaurants (QSRs) in the city. "The restaurant scene here is a perfect mix of traditional and fast-food, making it a food lover's paradise... Foodies in the city can enjoy food from the finest neighbourhood restaurants on Swiggy," Swiggy Vice President Marketing Srivats TS sai...
Read More
Nutritionist Who Gave Aamir Khan Dangal Look Going to Launch His Book
24Dec By NitishNo Comments
INSPIRATIONAL

Nutritionist Who Gave Aamir Khan Dangal Look Going to Launch His Book

Nutritionist 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 range of topics - from reasons for weight gain, to things one need to fight it, to effective meal plans and motivational tips, to ways to stop the lost weight from returning. It is set for release next month. "On the one-year anniversary of the successful release of Dangal, the film, where the phenomenal fat-to-fit transformation of actor Aamir Khan took everyone by surprise, here is a book written by the very same doctor, Dr Nikhil Dhurandhar," publ...
Read More
Mumbai Based Drums Food International Raises Rs 90 Crore
8Jul By AdityaNo Comments
FUNDING

Mumbai Based Drums Food International Raises Rs 90 Crore

Drums 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 statement. The company plans to utilise the funds to innovate and launch new flavours, initiate brand-building activities and increase production capacity. "It has been such a pleasure to work with Verlinvest and DSG Consumer Partners, they have been true value-added partners and helped us grow the business with full support and assistance," Drums Food International co-founder and CEO Rohan Mirchandani said. "Partnering again in this round was a no-brainer a...
Read More
Jumbotail, an Online Marketplace For Food and Grocery Raises $8.5 Million
6Jul By PriyankaNo Comments
FUNDING

Jumbotail, an Online Marketplace For Food and Grocery Raises $8.5 Million

Jumbotail, 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 statement. Jumbotail will also expand its team, but details of the same were not disclosed. Founded in November 2015, Jumbotail serves thousands of wholesale customers such as kirana stores and HORECA (hotel/restaurant/cafe) businesses in Bengaluru. The Bengaluru-headquartered firm has previously received a funding of USD 2 million from NVP. Jumbotail provides services including storefront delivery and payments collection for its sellers as well as working ...
Read More
Alibaba Health Buys Parent’s Health Food Assets for $488.3M
21May By reutersNo Comments
ACQUISITION

Alibaba Health Buys Parent’s Health Food Assets for $488.3M

Alibaba 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 billion shares at HK$3.2 apiece, or a 6.16% discount to the last close, the company said in a filing to Hong Kong stock exchange. The deal will bring a broader set of merchants into the online healthcare community, while the company will obtain more stable and sustainable revenue growth, the Hong Kong-listed firm added. Alibaba Health saw its adjusted net loss narrowed to 98.3 million yuan ($14.3 million) for the year ended in March, from a 161.5 mil...
Read More
Food Ordering App Zomato Reports Data Theft of 17 Million Users
18May By Press Trust of IndiaNo Comments
News

Food Ordering App Zomato Reports Data Theft of 17 Million Users

Online 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 disclosure comes at a time when the world is grappling with the cyber attack by ransomware WannaCry, which has impacted IT networks in over 150 countries. Zomato said the data theft was discovered recently by its security team, without indicating the exact time or if it was related to the WannaCry ransomware attack. "Our team is actively scanning all possible breach vectors and closing any gaps in our environment. So far, it looks like an internal (human...
Read More
BigBasket to Invest Rs 50 Cr in B2B Food Services Business
13Apr By AdityaNo Comments
News

BigBasket to Invest Rs 50 Cr in B2B Food Services Business

Online grocery store BigBasket today said it plans to invest Rs 50 crore over the next 12 months to scale up revenues coming from hotels and restaurants segment. The company, which started supplying grocery to hotels, restaurants and caterers (HoReCa) segment from June last year, aims to clock a revenue run rate of Rs 500 crore from the segment by March 2018. Revenue run rate is a term used in online retailing to indicate total value of merchandise sold over a time-frame to predict future performance. "BigBasket is setting up dedicated distribution centres across eight cities to scale up the business and has plans to achieve Rs 500 crore exit rate by end of FY 2018," BigBasket co-founder and Head (New Initiatives) Abhinay Choudhari said in a statement. At the end of March this ...
Read More
When Life is as Busy as a Bee, Two Boys From Aligarh Bring The Taste at Your Doorstep
6Mar By NitishNo Comments
Story

When Life is as Busy as a Bee, Two Boys From Aligarh Bring The Taste at Your Doorstep

Bringing to you something that holds equal stature in Agra as Taj Mahal In the government-led contest “Ek Bharat Shrestha Bharat”, a winner had suggested the idea of uniting India by the virtue of exchanging cultural knowledge between different states. A nation where food is considered as a reflection of the culture, one cannot agree more that exchanging food delicacies is one of the efficacious manners of bridging our differences. On similar lines, one can find the real essence of our platform Dilocious.com which sources sweets, savouries, dry fruits, tea and coffee from across the country and deliver them to its clientele. With the continuum of field research, we present an immense diversity of items, ranging from taste budding Sund Panjeeri of Kashmir to crisp Banana Chips of Kany...
Read More
Delhi Based OneLoyalCard Acqui-hires Restaurant Deals Startup Pocketin
1Feb By AdityaNo Comments
ACQUISITION

Delhi Based OneLoyalCard Acqui-hires Restaurant Deals Startup Pocketin

OneLoyalCard.com, a Delhi based restaurant reservation & deals platform has acqui-hired Pocketin, a year old startup which was also operating in the same space. Pocketin’s entire team along with its founders will join OneLoyalCard at their office. This move will help strengthen OneLoyalCard’s technology and quicken its expansion plans across major markets in India. Arpit Aggarwal, Vaibhav Garg and Sahil Mendiratta, all Chartered Accountants and 2nd-Generation entrepreneurs, started OneLoyalCard in July 2015 with a vision to enhance diners’ experience and to provide a comprehensive marketing solution to the restaurants. Currently, OneLoyalCard provides 2,000+ deals at over 500+ restaurants in Delhi, Gurgaon, Noida & Faridabad. Customers can use OneLoyalCard’s website or app to...
Read More
Indian Street Food Vendors Need to be Trained in Cashless Sales
26Dec By PriyankaNo Comments
News

Indian Street Food Vendors Need to be Trained in Cashless Sales

Union Minister Rajiv Pratap Rudy today said street food vendors across the country needed to be trained to undertake cashless transactions, as he interacted with them at the end of a national street food festival here. The Minister of State (Independent Charge) for Skill Development and Entrepreneurship awarded certificates to the vendors trained under 'Skill India Mission'. He presented a scientifically-designed food cart to Radha Devi, who has a tea stall in Sarojini Nagar area. "The minister talked to the vendors on the need and benefits of serving hygienic and safe food," a senior official said. "Keeping in mind demonetisation, he stressed the fact that all street food vendors need to be trained for digital options for payments and they should be efficient in accepting cashles...
Read More
Now You Can Order Food Through Facebook
20Oct By reutersNo Comments
News

Now You Can Order Food Through Facebook

Facebook Inc said users in the United States would be able to order food through the Facebook pages of restaurants starting on Wednesday as part of its efforts to connect users and businesses. Users will also be able to get quotes from businesses, buy movie tickets and book appointments at spas and salons, Facebook said in a blog post. Earlier this month, Facebook launched "Marketplace", a platform that allows people to buy and sell items locally. Facebook, which has about 1.7 billion monthly active users, also said on Wednesday it would add a "recommendations" feature that will allow users to share recommendations on such things as places to eat. Facebook shares were up 0.8 percent at $129.58 in early trading.   What More Now You can Order From Local Business on Facebo...
Read More