Online food tech industry saw a 150% in order volumes in 2016 despite a funding squeeze and multiple players scaling down their operations or shutting shop, according to a new study. After a heady 2015, Food tech sector was one of the worst affected sector in the funding slowdown last year. The s…
Tag: FreshMenu
Personal assistant Tapzo claims to have hit 1 lakh transaction mark
After a re-branding initiative and TV campaigns over the last month, personal assistant app Tapzo claims to have reached 1 lakh transactions on its platform on January 22. The platform-which aggregates orders across food delivery, hyperlocal deals, cabs and bill payments, and recharge -said it wi…
FreeCharge & Faasos tie up for e-wallet payment solution
Snapdeal owned digital payments platform FreeCharge said it has tied up with food-on-demand firm Faasos for e-wallet payment solution. FreeCharge currently provides e-payment facility to various food and beverages category players like foodpanda, Zomato, Swiggy, Freshmenu, Innerchef, Domino’…
How food tech start-ups earn margins through kitchen model
Twigly, FreshMenu, Inner Chef and Faasos are the likely survivors of a meltdown in the food tech space in India. All of these firms have adopted a model in which they control the experience — from cooking to packaging to delivery through their own teams, and not depending on restaurants to run th…
5 women lead start-ups that raised funding in 2016
Women in our country are playing very well when it comes to operating their start-up brand. In India, start-ups have evolved in very sector from food to lifestyle, online-offline, from technology to social enterprise and what not. Well we can say in the coming years start-ups will be seen as the …
Faasos Raises Rs 200 Crore Funding
Pune-based food-tech startup, Faasos Food Service has raised Rs 200 crore from Russian internet-focused investment firm ru-Net. With the participation of existing investors including venture capital firms like Sequoia Capital and Lightbox Ventures, the online restaurant is now valued at Rs 870 cr…