Indian e-grocery unicorn Bigbasket acquires rival DailyNinja as Covid-19 lockdown comes into force
The Bengaluru-based company is reported to have paid $20 million for the online milk-delivery specialist.
The Bengaluru-based company is reported to have paid $20 million for the online milk-delivery specialist.
The third edition of AgFunder’s annual China AgriFood Startup Investing Report shows that the trade war and swine flu have taken a toll – but there are still plenty of reasons to be bullish.
Agrifood tech accelerator GROW and VC firm AgFunder will work with the UNDP’s Global Centre to select successful entries for its Cultiv@te innovation challenge.
Here’s how tech firms are working to prevent repeats of deadly food safety incidents like 2008’s adulterated infant formula scandal in China and 2018’s E. coli outbreak in the US.
Nature’s Fynd is a food brand using a proprietary volcanic microbe-produced protein, dubbed Fy, which contains all nine essential amino acids as well as dietary fiber, calcium, and vitamins.
Nusantics is aiming for a “bio-based future [of] value-added lifestyle products such as skincare, personal care, food, and beverage”.
The investment dovetails neatly with Meituan Dianping’s wider offerings, including doorstep meal delivery, groceries delivery, and restaurant reservations and recommendations.
A digital hospitality management point of sale system managed to close an oversubscribed investment round despite the global backdrop perhaps bolstered by its food delivery-related offering as other startups offer other means to avoid human interaction in the restaurant space.
The Livekindly Company — a collective of plant-based brands — lifted the lid this month on a $200-million founders’ funding round, a move designed to help its brands keep pace with an increasingly competitive peloton of global plant-based protein brands
Gojek and archrival Grab are rumoured to have held discussions about a potential merger.
Genetically modified foods have a long history of opposition but today’s consumers are giving them another look.
South Korea’s Mirae Asset led the round, with existing backers including Hong Kong-based Horizons Ventures and Singapore sovereign fund Temasek joining in.
As meal kit companies struggle to secure customer loyalty and combat churn, online grocery is gaining traction. Could dedicated meal kits soon be extinct?
New Crop Capital, a pre-IPO investor in Beyond Meat, has funded Shenzhen plant-based protein startup Starfield alongside Matrix Partners and others.
As US agri-foodtech investment slowed slightly in 2019, other markets picked up the slack. Here’s a list of the leading deals outside the US.
Thought For Food (TFF) and Food Lab Accelerator at Google (FLAG) have unveiled a Brazilian banana peel-inspired winner of this year’s TFF x FLAG Circular Economy of Food Prize.
Local food is hot but there’s a disconnect between local producers and grocery retailers that Foodshed.io is hoping to solve.
Venture capital investment across all industries dropped in 2019 — around 16%, according to the VenturePulse report — against a backdrop of global uncertainty related
Biomanufacturing is the term used to describe the process of using biological systems as opposed to chemistry to produce commercial biomaterials. Crudely this means using certain microbes — naturally-occurring species or genetically designed — to produce certain materials.
Scale-up businesses contend with a unique set of challenges to startups, which an emerging group of programs and resources like ScaleUp Food are trying to address.
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International Fresh Produce Association launches year 3 of its produce accelerator