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Food-tech startup Faasos raises fresh funding led by new investors

Consumer

10 August, 2018

Food-tech startup Faasos raises fresh funding led by new investors

Pune-based quick service restaurant chain and online food delivery company Faasos Food Services Pvt. Ltd has raised fresh funding led ......

Swiggy gets fresh arsenal in food delivery battle with Zomato

TMT

21 June, 2018

Swiggy gets fresh arsenal in food delivery battle with Zomato

Online food delivery startup Swiggy raised $210 million on Thursday, taking the total external funding to $465 million. This indicates ......

Naspers may join hands with Tencent to invest afresh in Swiggy

TMT

04 January, 2018

Naspers may join hands with Tencent to invest afresh in Swiggy

South African technology group Naspers and Chinese internet giant Tencent may jointly invest around $150-200 million in homegrown food delivery ......

Why Ola's Foodpanda buy is unlikely to challenge Swiggy, Zomato dominance

TMT

26 December, 2017

Why Ola's Foodpanda buy is unlikely to challenge Swiggy, Zomato dominance

Ride-hailing firm Ola’s second shot at the food business after acquiring the Indian business of Foodpanda is undoubtedly the most ......

Ola to acquire Foodpanda India, invest $200 mn

TMT

19 December, 2017

Ola to acquire Foodpanda India, invest $200 mn

Homegrown cab-hailing major Ola has agreed to acquire the Indian business of food delivery platform Foodpanda from its Germany-based parent ......

Foodpanda lost less on every rupee earned last year than Zomato and Swiggy

TMT

29 November, 2017

Foodpanda lost less on every rupee earned last year than Zomato and Swiggy

Naspers-backed food delivery firm Foodpanda’s India unit said on Wednesday its revenue for the year through March 2017 jumped 64% ......

SoftBank may invest $200-250 mn in food delivery platform Swiggy

TMT

29 November, 2017

SoftBank may invest $200-250 mn in food delivery platform Swiggy

Japanese telecom and internet conglomerate SoftBank is in discussions to invest around $200-250 million (Rs 1,288-1,610 crore) in homegrown food ......

Can food-tech startups rustle up a comeback?

TMT

31 October, 2017

Can food-tech startups rustle up a comeback?

When meal-ordering startup Yumist shut shop last month, it joined a long list of food-tech ventures that have gone belly ......

Zomato Base president Samir Kuckreja steps down

People

24 October, 2017

Zomato Base president Samir Kuckreja steps down

Samir Kuckreja, president of Zomato’s cloud-based point-of-sale system, Zomato Base, has resigned within eight months of joining the restaurant discovery ......

Zomato invests in home-cooked meal delivery startup TinMen

TMT

25 September, 2017

Zomato invests in home-cooked meal delivery startup TinMen

Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd has invested an undisclosed amount in Hyderabad-based food delivery ......