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Mumbai diamond merchant invests in food-tech startup Holachef

TMT

13 February, 2018

Mumbai diamond merchant invests in food-tech startup Holachef

Food-tech startup Holachef has raised Rs 2 crore ($311,200) from Ashok Kumar Gajera, director at Mumbai-based diamond manufacturer and distributor ......

Ola may tie up with Assam govt for river taxi service

TMT

29 January, 2018

Ola may tie up with Assam govt for river taxi service

Homegrown taxi aggregator Ola is likely to sign a memorandum of understanding with the Assam government to run a river ......

Morgan Stanley pegs Zomato's valuation at $2.5 bn: Report

TMT

13 January, 2018

Morgan Stanley pegs Zomato's valuation at $2.5 bn: Report

Restaurant-finder and food-delivery startup Zomato has been valued at $2.5 billion, a report in a national daily stated citing investment ......

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 ......

Flashback 2017: Food-tech on course for revival in India

TMT

27 December, 2017

Flashback 2017: Food-tech on course for revival in India

The food-tech sector in India went through a period of turmoil in 2015, when several startups had shut down, and ......

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% ......

BCCL to back food-tech firm FreshMenu

TMT

03 November, 2017

BCCL to back food-tech firm FreshMenu

Bengaluru-based food-tech startup Foodvista India Pvt. Ltd, which operates online food delivery platform FreshMenu, has found a new backer in ......

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 ......

Naspers ups stake in Foodpanda parent Delivery Hero

TMT

28 September, 2017

Naspers ups stake in Foodpanda parent Delivery Hero

South African media firm Naspers increased its investment in online food takeaway firm Delivery Hero on Thursday, buying half the ......