Foodtech Updates

No delivery from Pickingo!

Pickingo which is actually in logistics delivery and currently working for Snapdeal, PayTM and Jabong. There were supposed to enter in food delivery segment after a proposed deal. However the deal is failed and could not take-off. According to the co-founder of Zomato the deal is not failed and update will be out in a week or so.

Read more: https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/pickingo-cant-deliver-food-for-now-as-deal-with-zomato-failed-to-take-off/49638773

Multi Grained ready-to-cook Khichdi out in the market by TATA Sampann

According to the statement by Richa Arora they are launching a unique product which has modern as well as traditional blend. They are launching this multi grain ready to cook khichdi. TATA Sampann’s brand ambassador chef
Sanjeev Kapoor has major contribution in this product.

Read more: http://www.thehindubusinessline.com/companies/tata-sampann-launches-readytocook-multigrain-khichdi-mix/article10032302.ece

Will food tech start-ups bounce back?

There is a huge evolution in food tech industry since 2000 be it internet based food business to cloud kitchens. However most have the startups have been closed down for various reasons. There are lots of things involved in food tech business like business model, profitability etc. Looking at the ratio they just need to rustle-up a comeback.

Read more: https://www.vccircle.com/can-food-tech-startups-rustle-up-a-comebcack/

Foodtech Updates – Week 2, 2018
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