FoodTech
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Swiggy acquires LYNK Logistics to tap into lucrative food and grocery retail market
Swiggy, a leading foodtech company valued at over $10 billion, has made a significant move into the food and grocery retail sector by acquiring...
Zomato temporarily halts registration of new users for Zomato UPI, plans to resume soon
According to reports, Zomato, the foodtech startup, has temporarily halted the registration of new users for its UPI payments platform, Zomato UPI.As per sources...
Foodtech giant Swiggy witnesses significant jump in losses, reaching $545 Million in 2022
Swiggy, a prominent player in the food and grocery delivery industry, witnessed a significant jump in its loss according to the annual report of...
Swiggy takes a valuation hit as another investor trims stake, foodtech giant downgraded by 34% to $7.3 Billion
The trend of valuation reductions persists for Swiggy, a prominent player in the foodtech industry, as the company finds itself facing its third devaluation...
Superfoods Valley secures $1M in seed funding to tackle hidden hunger with its nutrition mix brand Good Monk
Superfoods Valley, a start-up based in Bangalore that specializes in nutrition and food-tech, announced that it has successfully raised $1 million in funding for...
Thrive’s SaaS model disrupts food delivery with 3% commission, draws strategic investors and restaurant owners
Thrive, a foodtech platform, is disrupting the food delivery market by charging restaurants a commission of only 3%, which is significantly lower than the...
Actress Nora Fatehi follows Varun Dhawan; Invests an undisclosed amount in Curefoods
Bollywood actress Nora Fatehi has invested an undisclosed amount in cloud kitchen startup Curefoods and became the brand ambassador of Curefoods CakeZone.With the brand’s...