Zomato looks to boost balance sheet, plug China gap in advance of IPO with $52m funding
October 16, 2020
The Indian food delivery unicorn is planning to go public in H1 2021.
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Tag: food delivery
Google leads $28m Dunzo funding as Indian food e-commerce receives pandemic pickup
September 2, 2020
Delivery app Dunzo reported a tripling in demand amid the country’s continuing Covid-19 outbreak, while rival e-grocer BigBasket saw new customer numbers rise 84%.
A mini guide to Latin American agrifoodtech in 2020
July 22, 2020
The year 2019 was a breakout year for Latin American agrifoodtech and 2020 is already shaping up to beat those records, in spite of the global pandemic. Here’s a look at the key categories pushing the industry forward.
Covid-19 pivot locks in $4m for Italian delivery platform Soplaya
July 16, 2020
Few startups can say they’ve had an easy time fundraising this year. But Soplaya says the round it just closed was fast and painless, all things considered.
Chinese food delivery giant pumps $14m into robot maker PuduTech
July 7, 2020
PuduTech and Meituan Dianping will collaborate on robotics and catering digitization, and explore opportunities in “localized lifestyle services.”
Grab lays off 5% of workforce as Covid-19 continues to chill food-delivery providers
June 17, 2020
Food delivery services are bigger than ever, as locked-down consumers turn to apps for meals and groceries. But the economic outlook for service providers remains tough.
Grab eyes Southeast Asia’s rural economy for post-pandemic growth
June 9, 2020
The Singapore-based unicorn is extending its order-anything ‘super app’ platform to the region’s farmers, fishermen, and food traders to keep things ticking as Covid-19 continues.
Facebook and Paypal join Google, Tencent to back Indonesian food and payments giant Gojek
June 3, 2020
Facebook’s first investment in an Indonesian company has echoes of its $5.7 billion Jio deal in India earlier this year.
Uber Eats beats a retreat in Europe, Americas, and Middle East
May 5, 2020
Uber is pulling out of the food delivery business in 7 countries to “reinvest… in priority markets.” Here are some clues as to where it should refocus.
Io sto con i ristoratori: Italy’s foodtech industry creates digital taskforce to support foodservice industry
April 27, 2020
“Social Solidarity” is beyond any doubt one of the most used phrases of recent weeks. At the same time, the foodservice industry is probably the most affected sector of the global Covid-19 pandemic, as Italy is the worst-hit European country, writes Antonio Iannone.
Indian cloud kitchen trailblazer Rebel Foods raises $50m from Coatue
April 10, 2020
Rebel Foods previously raised $125 million from Coatue, Goldman Sachs, Gojek, and Uber co-founder Travis Kalanick in its Series D round last year. It’s now expanding to Southeast Asia and the Middle East.
Samsung, Tencent pump $43m into food delivery unicorn Swiggy
April 7, 2020
Swiggy will use the capital to expand beyond its core offering of on-demand food delivery, while Alibaba-aligned archrival Zomato is also securing funds.
Restaurant tech offers consumers convenience, but headaches for operators
March 26, 2020
Consumers are demanding more digital offerings from restaurants, but new technologies are creating unexpected pain points for operators.
As restaurants see big layoffs, farming and fast food seek quick hires
March 24, 2020
A number of restaurant brands pivoting to 100% delivery models are hiring thousands of workers while a Scottish strawberry farm is offering on-farm employment.
Crowdfunding for restaurant tech at a time of Covid-19: An Edinburgh success story
March 19, 2020
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.
One of Southeast Asia’s biggest food delivery apps raises $1.2bn, lays off workers: reports
March 18, 2020
Gojek and archrival Grab are rumoured to have held discussions about a potential merger.
Moink Wants to Help Small-Scale Regenerative Farmers Get Fairer Prices
July 19, 2019
The e-commerce platform offers a subscription meat box service featuring products aggregated from small family farms at prices that are fair to the farmers, according to Moink.
Chinese AgriFood Startups Raise $5.8bn in 2018 as Digital Penetration & Consumer Fragmentation Drive Growth
May 2, 2019
With the largest population in the world and as one of the largest agricultural economies in the world, China represents a major opportunity for startups
It’s a Bird! It’s a Plane! No, It’s Google’s Wing Aviation Drone Carrying your Dinner
April 25, 2019
Watch your six, Amazon. Google’s Wing Aviation, the first company to receive FAA clearance for drone delivery, is starting trials in Virginia on tech that’s “safer than cars.”
Home-cooked Meal Kit Delivery Company Serves Up $35m Series B
July 22, 2015
Food delivery services are continuing to capture the attention of the venture capital community after home cooking meal kit delivery service Plated closed a $35 million Series B round last week.
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