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Tag: Food tech

Foodtech giant Zomato's shares surged͏͏ to͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 290.50͏͏ apiece͏͏ on͏͏ the͏͏ BSE͏͏ today͏͏ (September͏͏ 20),͏͏ propelled͏͏ by͏͏ a͏͏ broader͏͏ market͏͏ rally͏͏ that͏͏ saw͏͏ the͏͏ Sensex͏͏ and͏͏ Nifty50͏͏ also͏͏ reach͏͏ record͏͏ highs. The͏͏...
Sereko, India’s leading Psychodermatology Skincare brand, is making͏ s͏ig͏ni͏fi͏can͏͏t ͏str͏͏͏id͏e͏s͏͏͏ in ͏it͏͏͏s͏͏ ͏mis͏sion ͏t͏o ͏͏e͏͏n͏ha͏nce ͏access t͏o͏ hol͏istic sk͏͏͏͏͏incare sol͏͏uti͏ons. Th͏e brand͏ ha͏s par͏t͏͏͏n͏e͏͏͏red ͏with͏ TATA 1mg for ͏a͏͏ strate͏gic retail ͏͏ex͏p͏a͏nsion, launchi͏n͏͏g͏ in͏ 20 s͏t͏͏ore͏s͏...

Modern Insulators acquires INR 5 Cr worth of Swiggy shares ahead of IPO

Modern Insulators, a listed manufacturer of porcelain insulators, is making a long-term investment of nearly INR 5 crore in Swiggy as the foodtech giant...

Zomato bans AI-generated images from restaurant menus to curb misleading ads

Foodtech giant Zomato has prohibited the use of AI-generated images on its restaurant partners' menus and marketing materials to curb misleading advertisements. Effective Monday (September...

Foodtech giant Swiggy to file DRHP this week

With reports suggesting an increase in the size of its initial public offering (IPO), foodtech giant Swiggy is now reportedly set to file its...

IPO-bound Swiggy pilots large-order fleet in Delhi-NCR

IPO-bound Swiggy is testing a large-order fleet in the Delhi-NCR region, mirroring Zomato's approach. Sources reveal that the Bengaluru-based startup launched the pilot recently. E͏V...

After successful trial run, Zomato expands priority food delivery service to Delhi, Hyderabad, and Pune

Several weeks following the trial run of its priority food delivery service in select areas of Mumbai and Bengaluru, Zomato, the foodtech giant, has...

Zomato tests priority deliveries in Bengaluru, Mumbai with extra charges

Continuing its streak of experiments, foodtech major Zomato is now testing a new feature in parts of Bengaluru and Mumbai that offers priority deliveries...

Kerala’s food tech sector takes center stage at Dubai Investor Meet

Kerala showcased its potential in the food, ready-to-eat, and food tech sectors to investors and entrepreneurs at the 'Investor Conclave' organized by the Kerala...

Zomato extends platform fee to wider user base, implements INR 3 charge in select cities

Zomato, the prominent player in the food technology sector, initially introduced a platform fee of INR 2 per order for specific users. This fee...

Transform with tech: How technology is improving food manufacturing processes?

Technology has become a significant factor to foster growth, speed and reliability across many sectors. Technology is also transforming the food manufacturing industry by...

Swiggy’s strategic initiatives pay off as food delivery business turns profitable

Swiggy, the foodtech unicorn, announced profitability in its food delivery business for the fiscal year ending on March 31, 2023. CEO Sriharsha Majety confirmed...

Israeli food tech startup granted first-ever permit to produce cow-free milk, revolutionizing dairy industry

As per the announcement of Prime Minister Benjamin Netanyahu on Wednesday, an Israeli food tech startup is all set to produce cow-free milk with...

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