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Indian food-tech market shows signs of a slowdown
All food-delivery companies have reduced giving discounts.
2 mins read
Moulishree Srivastava
Journalist • [email protected]
I cover Indian tech, startup, venture capital ecosystems for KrASIA.
Between 2016 and 2018, the rise in international internet bandwidth led to an increase of approximately USD 24 billion in India’s goods trade.
Yulu has raised USD 8 million from Indian auto manufacturer Bajaj, which will make its electric bikes in India.
Amazon India and Flipkart are reportedly taking baby steps towards appeasing small retailers.
Oyo claims to be the world’s third-largest hotel chain with roughly 1 million rooms, including vacation homes.
After almost a decade of operations almost all major companies in every sector are still in growth mode.
All food-delivery companies are finding delivery-only kitchen models lucrative.
Amazon and Uber Eats have also doubled down in India's food ordering space.
Combined sales of Amazon India and Flipkart during the festive season sale amounted to USD 4.3 billion.