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What is wrong with food-tech startups?

Venture capitalists are always on a lookout for the next big idea. After placing their bets in e-commerce sector in India, the next sector that excited them was food-tech startups. As investors opened their purse strings for such startups,...

Zomato shuts down online orders in 4 cities

After claiming to witness 50 per cent month-on-month growth from online ordering business, Gurgaon-based restaurant information portal Zomato has shut operations in four cities, as order volume in these cities failed to pick up. The cities where it has decided...

FOOD TECH IN FOCUS

Hefty investments on customer acquisition, lucrative discounts and cash-back schemes left many food-tech startups floundering this year, before they actually took off -- LocalBanya, Dazo,SpoonJoy among others, are collectively a case in point. Lesson learnt. Most discovered that while monies...

Natural Ice Cream ties up with Zomato

Natural Ice Cream, the Mumbai-based manufacturer and retailer of ice-creams made out of fresh fruit pulp and dry fruits, has tied up with Zomato to facilitate the online ordering and delivery of their ice-creams in Delhi, Mumbai, Pune and...

Zomato to invest $40 mn in food ordering biz

Restaurant search and food ordering company Zomato said that it plans to invest $40 million in its nascent food-ordering business in the next six months to capture a dominant chunk of the market in India and the United Arab...

Food tech startup woes: From an investor's lens (Part 2)

Investors are not allowing food tech companies to burn money mindlessly anymore. There is a clear shift in thinking, ‘Let's get the pricing right’. If you are a food tech startup looking to raise funds, make sure your business...

Now, Chat with Zomato on order-related queries

Zomato, the restaurant discovery and food ordering app, has introduced an in-app chat feature, enabling consumers to chat with the team at Zomato for any order-related queries. The chat feature has been integrated through a partnership with Konotor, a mobile-first...

IRCTC's modernisation makeover continues with MobiKwik tie-up

Gurgaon-based MobiKwik has announced that Indian Railway Catering and Tourism Corporation (IRCTC) has chosen its wallet as the first payment option on  the latter's Connect Android App. The integration, live on the Android app, enables instant one-tap payments for ticket...

After Swiggy, Burger King inks alliance with Zomato

Zomato, the restaurant discovery and food ordering app, has announced a partnership with global fast food giant Burger King. The tech-enabled partnership with Zomato will enable Burger King to serve customers in Delhi NCR, Mumbai, Bangalore, and Pune using Zomato’s...

E-commerce majors come together to aid battered Chennai

Even as torrential rains in Chennai virtually stall life in the city with thousands still stranded without food, water, electricity and roofs above their heads, several online  firms and brands are making most of technology to alleviate distress. The latest...
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Digital Icon : Rakesh Bali

Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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