June 1st, 2016New Delhi-based food-tech startup Tpot has raised undisclosed amount in seed funding from Ashish Gupta, Founder & Trustee of Ashoka University and Co-founder of Evalueserve. Using this fund, Tpot plans to expand its presence by taking its outlet count from 20 to over 50 by the end of the year. Also, the fund will be used in...
April 19th, 2016Smit Nebhwani and Amrish Patel, both lovers of good food, always faced some problem or the other when they went dining out with their family or friends. Problems, which we take for granted, but they wouldn’t. Most of the times, eating out doesn’t turn out to be a memorable experience the way it should turn out to be. Many times it...
February 8th, 2016Indian 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...
Seems 2015 crisis in startup world will continue in 2016. The latest victim of this crisis is Localbanya.com a grocery delivery services, taken down their website.
Localbanya has raised 20 million...
January 5th, 2016After Zomato and TinyOwl, FoodPanda India has announced that it is laying off over 500 employees - What's going wrong here?
FoodPanda is a known name in the Indian food ordering business - presence in all top cities and most restaurants seem to be covered by them - they announced lay off's today and the unofficial number of people...
December 12th, 2015Uber 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...
October 26th, 2015The quick service restaurants (QSR) sector in India is currently growing at a compounded annual growth rate (CAGR) of 25 percent and is likely to touch Rs 25,000 crore mark by 2020 from the current level of Rs 8,500, according to an analysis by apex industry body
"Entry of various national and international players in...
August 20th, 2015The next food order that you place from your favorite restaurant online might be delivered to your doorstep by Zomato itself. The Gurgaon-based company is planning to foray into last-mile delivery business. The company is in the process of finalizing its strategy for the same and is considering multiple op ions for introducing last-mile...
