FRESHMENU FOUNDER
Induction cooktops sold out on Amazon, quick commerce apps amid LPG cylinder shortage
Induction cooktops are selling rapidly on ecommerce and quick commerce platforms after a shortage of commercial gas cylinders sparked panic buying. Products are now unavailable on Amazon, Zepto, Swiggy and Blinkit in major cities. The LPG supply pause has also forced restaurants and cloud kitchens to shut or scale down operations.
Heavy rains, flooding disrupt delivery businesses in Mumbai
Food delivery and quick commerce platforms had suspended operations for several hours in areas experiencing severe waterlogging. High-velocity winds and flooding have scared delivery partners, who are demanding an increase in the rain fee from Rs 20 to Rs 40.
Breaking the glass ceiling: Trailblazing women leaders to share strategies to bridge gender funding gap at ET Soonicorns Summit 2024
Join Shreyasi Singh, Shally Modi, Shanti Mohan, Minu Margeret, and Rashmi Daga at the ‘Women in the Indian Startup Ecosystem: Breaking Barriers and Bridging the Gender Funding Gap’ panel, as they delve into fundraising techniques, navigating bias in the investor community, and the importance of resilience and strategic pivots. Only in Bengaluru on September 20, 2024.
Funding, M&As return as food industry recovers to pre-Covid levels
Ashish Kapur, promoter of premium bar chains Whisky Samba and The Wine Company, said the group has set aside a corpus of Rs 150-200 crore for acquiring a mix of upscale regional and international brands. “We are seeing that the matrix of consumption is evolving, and people are consuming more, and with higher ticket sizes.”
FreshMenu earmarks funds for expansion, scaling sub-brands
FreshMenu founder and chief executive Rashmi Daga said the platform will expand its cloud kitchen units as well as launch new private labels.
On path to making profit this year: FreshMenu
FreshMenu founder Rashmi Daga said the company had also managed to rationalise shipping costs, which had been one of the major spends for the startup.
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Biryani By Kilo raises Rs 30 cr in series-A round
Investors say building restaurant supply is a huge opportunity in India since the number as well as density of restaurants is limited compared to other economies.
ETYL 2019 Jury's out: Top CEOs to choose future leaders
After three rounds of rigorous tests, shortlisted candidates will be interviewed by one among ET’s panel of top India Inc CEOs.
Cred review: Makes credit card bill payments easier, rewards for timely transaction
If your credit score is 750 or higher, you are granted access to the app, else you join a wait list.
FreshMenu opens talks with PEs to raise $75 million
FreshMenu, which counts Lightspeed Ventures and Zodius Capital as investors, is looking for a valuation of $250 million in the Series C round against a $50 million valuation in the Series B round in 2016.
Freshmenu fails to inform users of data breach; firm’s decision not fully unreasonable, say experts
The incident from July 2016 was brought to light this week by data breach-tracker HaveIBeenPwned.com.
ET 40 Under Forty: FreshMenu founder Rashmi Daga wants a ‘diamond’ collection
The top boss would like to have a 40-piece collection of diamonds.
The pressure to perform as a woman is much more: Rashmi Daga, Founder, FreshMenu
We have a lot to lose if we keep worrying so let's stop worrying and achieve more," said an elated Daga on winning the ET Startup Award in the ET-Facebook Woman Ahead category.
Qtrove gets Rs 350 crore from BCCL’s Springboard
Qtrove will be using the funds to further intensify their marketing, customer acquisition efforts and vendor network through BCCL’s stable of print, television, radio and digital media.
Foodtech startups revert to an old recipe for success: Earn, then spend
Orders have crossed 4,50,000 a day for food delivery startups and they’ve tightened their belts— they’re now looking forward to a feast after the funding famine of the past few years.
Move over, fast food! Health-conscious Bengalureans order millet-based dishes online
Now, millets jump onto the online food delivery bandwagon.
Indian tech startups get a space in Google's Sand Hill
Google is deepening its engagements with startups here to find a potential high-growth winner.
Unethical business conduct a major reason for Indian startups' failure: IBM
Private equity and VC funds have infused more than $22 billion of capital into India since 2006, according to startups analytics firm Tracxn.
Meet the women who are changing the world
"Rashmi Daga is a game-changer in the food delivery app segment. It often happens that restaurants think only numbers while scaling up. Daga mentions taking equity only enough to sustain a few years of operation."
FreshMenu to whip up 2 brands for wider spread
We are definitely contemplating a separate brand altogether for pizzas, said Rashmi Daga, Founder of FreshMenu.
Equity Crest's Deepak Gupta revives old memories by tuning into the rock music of 60's
Gupta uses apps like Freshmenu, Charlie, Uber & loves his iPhone 5C. He also loves to travel to France along with his kids.
Ban on use of plastic hits food delivery businesses in Bengaluru
On March 11, the government notified the ban. However, it is not the ban as such but the sudden announcement and the lack of time to shift that is bothering businesses.
GrowthStory's Krishnan and Meena Ganesh to launch a bunch of new ventures soon
The ventures in incubation include one in health and wellness sector, while another is in digital entertainment, a third is a hyperlocal logistics company.
Funding slowdown takes a toll on food-tech startups like Eatlo, FreshMenu, Frsh
Eatlo, FreshMenu and Frsh do not have money to sustain operations beyond a few months as they are unable to raise fresh rounds of funding.
Gurgaon-based food-tech company Yumist launches operations in Bengaluru
Yumist has recently hired Rahul Mishra, responsible for kitchen operations who comes from Continental Kitchen, a kitchen manufacturing company.
Food tech companies like FreshMenu and Box8 ramp up apps for growth
Food-technology companies FreshMenu and Box8 are focusing heavily on mobile-apps to increase sales and customer experience.
Innovative food delivery startups like FreshMenu, iTiffin cash in on demand
As opposed to a brick-and-mortar restaurant, an "internet-only restaurant" like FreshMenu eliminates massive costs such as real estate, service and air-conditioning.
Now get a full meal at half the price
Companies such as SpoonJoy, FreshMenu, Yumist and Frsh are emerging to grab a hearty slice of the sector and are slowly becoming a favourite among investors.
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