- After Ridlr, Ola Is Now Looking To Acquire Foodtech Startup FreshMenu Days after Ola announced the acquisition of Ridlr, the cab aggregator is now said to be in talks to acquire foodtech startup FreshMenu and another similar startup. In a report, Livemint quoted people familiar with the development as stating that no deal has been been finalised yet. However, a separate food entity under Ola might […]
- Movers And Shakers Of The Week [20 -25 Nov] We bring you the weekly dose of important movers and shakers of the week. This week in one of the major shakers for the Indian startup ecosystem, ad-tech firm InMobi’s Co-founder and president, OEM and telco solutions Amit Gupta moved on to launch internet of things-driven bicycle sharing startup Yulu. Gupta will be CEO of […]
- 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 […]
- VC Firm Lightspeed India To Deepen Engagement With Bengaluru Startups; Launching Bengaluru Office Tomorrow VC firm Lightspeed India Partners has opened a new office in Koramangala, Bengaluru. This is Lightspeed’s second office in India after Delhi. The announcement was made by Managing Partner Bejul Somaia in a LinkedIn post. The office which will be inaugurated tomorrow reflects the firm’s commitment to deepening its engagement with entrepreneurs in the Bengaluru area […]
- Google Wants To Get A Taste Of India’s Hyperlocal Market; Launches Areo For Food And Home Services Google has launched a new hyper local services app in India – Areo reports FactorDaily. The Areo app will deliver food and home services for residents in Bengaluru and Mumbai. The app’s description goes as follows – “Food delivery from your favourite restaurants, providers and chefs. Home services from local electricians, painters, cleaners, plumbers and […]
- How Googler Sunil Rao Wants To Position Lightspeed As One Of The Most Founder Friendly VC Firm In The Ecosystem For Sunil Rao, a Googler who has now joined early-stage venture capital firm Lightspeed Venture Partners as Partner of business services and community, the move is a natural one (currently, Sunil is in a transition phase from Google and will be formally joining Lightspeed in September). Since the last ten years, Sunil has been working […]
- InnerChef Accuses FreshMenu Of Usurping Its Brand Name In Search Ads, Asks It To Behave Responsibly June seems to be the month of tussle among startups. Last week wallet players MobiKwik and Freecharge took jibes at each other in their respective blogs after MobiKwik took issue with a Nielsen report that ranked MobiKwik third in digital wallet players in India after Freecharge. This week the two food tech startups are embroiled in controversy […]
- Funding Galore : Startup Fundings Of The Week [4 January – 9 January] After making headlines for months, Quikr finally acquired Commonfloor for an undisclosed amount. Quikr will merge its real estate vertical QuikrHomes with CommonFloor. The merger is is expected to be completed in over the next two to three months. This week, 25 startups raised about $219 Mn in funding altogether. (The funding amount is based […]
- FoodTech Startup, FreshMenu, Raises $16.5 Mn In Fresh Funding Bangalore-based FreshMenu, an online first restaurant, has raised about $16.5 Mn (INR 110 Cr.) in a funding round led by Zodius Capital and existing investor Lightspeed Venture Partners. In 2015, it had raised $5 Mn in Series A funding from Lightspeed. FreshMenu will use the raised funds to expand its team and growth & strengthening of […]
- FreshMenu All Set To Raise INR 31 Cr In Funding From Lightspeed Venture The Bangalore-based Internet-first restaurant, FreshMenu, part of serial entrepreneur K Ganesh’s startup factory GrowthStory, is all set to raise INR 31 Cr in first round of funding from Lightspeed Venture Partners. Internet-first restaurants do not have any retail presence and they serve limited locations through a central kitchen. There are different models for them like […]
- Here Are The “Uber for Food” Startups In India Some of us at FindYogi recently had a tough time looking for food delivery services for lunch and dinner. We ended up discovering a lot of startups, most of these still in their first 6 months of the service. These are not restaurant food deliveries like JustEat or FoodPanda, but mostly homechefs. In the valley […]