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Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

TMT

08 May, 2023

Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

US-based Invesco has knocked down the value of its stake in foodtech unicorn Swiggy held through one of its investment ......

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Shadowfax's pivot pays off as focus sharpens on last mile delivery

Infrastructure

26 November, 2021

Shadowfax's pivot pays off as focus sharpens on last mile delivery

Logistics startup Shadowfax Technologies, which earlier aimed to be a full-fledged third-party logistics (3PL) provider, has now changed course. After ......

Rebel Foods extends accelerator programme to established local, global brands

Consumer

21 January, 2021

Rebel Foods extends accelerator programme to established local, global brands

Cloud kitchen company Rebel Foods has expanded the scope of its accelerator programme to support established Indian brands and license ......

Kitchens Centre gets funding from VC firm backed by US tech billionaires

TMT

19 November, 2020

Kitchens Centre gets funding from VC firm backed by US tech billionaires

Cloud Retail Solutions Pvt. Ltd, which operates cloud kitchen platform Kitchens Centre, has raised an undisclosed sum as part of ......

Inflection Point Ventures backs Samosa Party Foods in latest bet

Consumer

29 June, 2020

Inflection Point Ventures backs Samosa Party Foods in latest bet

Samosa Party Foods, a snack-focused cloud kitchen platform, has raised funding from angel investment platform Inflection Point (IP) Ventures. This commitment ......

Food company Cross Border Kitchens bags angel funding

TMT

02 March, 2020

Food company Cross Border Kitchens bags angel funding

Cross Border Kitchens Pvt. Ltd (CBK), which runs an internet-driven multi-brand food and beverage company, has raised angel funding. The funding ......

Flashback 2017: Food-tech on course for revival in India

TMT

27 December, 2017

Flashback 2017: Food-tech on course for revival in India

The food-tech sector in India went through a period of turmoil in 2015, when several startups had shut down, and ......