- Ushered By Project Fairplay, Zomato To Do A Surgical Strike On Fake Reviews Zomato is all geared to fight fake reviews on its platform. Since last year post project Fairplay, Zomato has been working on its Neutrality Team that will filter and delete fake reviews. Through project Fairplay, that was initiated in the middle of 2017, the matter of fake reviews came into grim light. Speaking on the […]
- Foodtech Startup FreshMenu Opens First Offline Outlet; Sets Sight On 2x Revenue Growth In FY18 Foodtech startup FreshMenu has opened its first front-facing kitchen at Bengaluru airport as it targets 2x revenue growth this fiscal year. As per reports, the first offline restaurant at Kempegowda International Airport is a 70-seater restaurant and all-day café set up in 30 days at an investment of $462K (INR 30 Lakhs). The offline outlet […]
- Swiggy Eyes Expansion Of Cloud Kitchen Business In A Push Against Zomato Earlier this week, quoting anonymous sources a report stated that Swiggy is in the process of building a new cloud kitchen vertical. In a push against Zomato, the food delivery startup is also looking to recruit a CEO for its new vertical. Swiggy’s arch nemesis Zomato expressed its intentions to set up its first cloud […]
- Food Delivery Startup Faasos Raises $6.4 Mn From Lightbox Ventures, Sequoia, Others Pune-based online food delivery startup Faasos has filled its plate with $6.4 Mn funding in an extended Series C round of funding, as per the filings made with the Registrar of Companies. The investment is led by Lightbox Ventures II, Lightbox Expansion Fund, Sequoia Capital India, RuNet South Asia, and RB Investments. Earlier in December 2015, Faasos raised the first tranche of the Series C, amounting to […]
- Inside Zomato’s Push Towards Cloud Kitchen – And The Road To Profitability? Zomato has set up its first Cloud Kitchen in a suburb of Delhi, Dwarka, as part of the pilot phase of its new project – Zomato Infrastructure Services. However, since the announcement was first made in November 2016, the company has been cagey about its strategies – specifically, after facing a rough patch in 2016. […]