SpoonJoy
Food
Swiggy to consolidate market position; to turn profitable in all 7 cities
Despite beginning with a bang, Indian food tech startups have been feeling the heat since 2015. Many of them have either shut shop, others have scaled down operations.
Though, initially touted to be worth US $50 billion, food tech startups...
Food
Why e-grocery firms are walking the path of doom
With funding coming down and valuations being slashed, a number of start-ups in the country are struggling to meet their hiring commitments.
All have been aggressively recruiting top talent - including big-ticket Silicon valley veterans - with the millions of dollars...
Food
Grofers to lay off 10 pc staff, revokes job offers
Grofers India Pvt. Ltd, the grocery delivery start-up funded by Softbank Corp. and Tiger Global Management, will lay off 10 per cent of its workforce, even as it revoked job offers to fresh graduates, citing adverse market conditions.
On Tuesday,...
Food
5 food-tech startups in troubled waters
The Bubble Is Bursting
Despite beginning with a bang, Indian food tech startups have been feeling the heat since last year. Many of them have either shut down or have scaled down their operations.
Though, initially touted to be worth $50...
Retail
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...
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Latest News
Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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