Food startups sees bloodbath in India on flawed models, funds drying up


On January 8, FreshMenu, a Bengaluru-based food startup that owns centralised kitchens raised fresh funds of Rs 110 crore to fund expansion.
It has built a model to cook food at its own kitchens, book orders on its app and deliver it to customers. FreshMenu, which makes around 5,000 meals a day and valued at Rs 380 crore is an exception in the food technology (FoodTech) space that is witnessing a blood bath after a spurt in companies backed by global investors. Read Articles

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