Rebel Foods to expand beyond cooked meal brands, brews a new food kits plan
The idea is to extend cases beyond restaurants and create products for customers for use in homes.
Lite Bite Foods forays into cloud kitchens
The first kitchen is expected to go live in August 2020. Other locations will also include Pune an...
Forbidden Foods raises seed funding; to compete with PepsiCo, ITC
The seed funding round was led by curated crowd-funding platform and early ...
Convergent Finance invests $14 mn in Jyoti Foods
Jyoti serves a wide range of customers within the food services, quick-service restaurants (QSRs), cloud kitchens and cinemas. Set up in 2005, the company has clientele including Subway, Rebel Foods, Cinepolis, Chili's, Holiday Inn among others, across 150 plus cities in 25 states across the country.
Rebel Foods gets $50 million more from US firm Coatue
The latest equity financing round follows the $125 million raised by Rebel Foods in August last year, which was also led by technology-focused Coatue Management
Government rejects Flipkart's plan to enter food retail
Flipkart FarmerMart had proposed to retail food products made or produced in India through Flipkart and other online and mobile platforms
Food delivery companies share staff’s temperature readings
The move comes as these companies have started taking a series of measures to scale up hygiene practices with the coronavirus outbreak, and they look to win consumer trust.
As restaurants start shuttering, some entrepreneurs are trying to reinvent their business
The lockdown has also brought many high-end outfits down to the business of food delivery—fine-dining brands like Masque and Bombay Canteen, and hotel chains like Accor, Hilton, and Conrad, and Sheraton have started home delivery.
iD Fresh launches trust shops to aid contactless delivery in Covid-19 hit areas
iD delivers its flagship idly and dosa batter, along with parota, paneer and filter coffee, to about 9000 households in Mumbai through trust shops.
CCI rejects unfair business complain against Swiggy
The complaint claimed that customers are generally unaware of the rates charged by of a particular restaurant in offline mode and thus, cannot compare it with the rates displayed on Swiggy's platform.
Amazon launches food delivery service in India
Amazon has been luring eateries with competitive commissions as a part of its larger plan to build a comprehensive product portfolio.
WayCool Foods receive $5.5 million debt financing from IndusInd Bank
The company plans to use the funds to implement strict hygiene measures and increase transportation efficiency to reduce food spoilage and improve the yields to farmers among others.
Mother Dairy ties up with Zomato to home deliver fruit, vegetables in NCR
In the first phase, Safal, which sells 270 tonnes of fruit and vegetables a day in the region, has initiated delivery in a radius of 10 km around 11 of its 300 outlets.
Covid-19: Hygiene tops menu for Swiggy, Zomato
Customers have also expressed concern about the health of delivery partners given their exposure to multiple people. In fact, Red-Seer Consulting has forecast a 30% drop in food delivery volumes in India for early March.
It’s takeaway & deliveries that keep eateries up and running
Customer footfalls are at about 5-8% of the levels seen before the pandemic but are likely to go up in the next few weeks, restaurant chains said.
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