Food Tech

Over the last few weeks, Swiggy, Zomato, and Amazon have raised money to strengthen their e-grocery business in the country.

China’s developments in farm management tech, online grocery delivery, B2B procurement, and unmanned stores show a broader trend of modernization in the food economy.

TurtleTree Labs is the first company to develop cell-based milk.

The firm focuses on the development of artificial meat made from bean protein.

UMAI expects to be in more than four continents within the next two years.

The competition in India’s food tech industry was reduced to a duopoly when Zomato acquired Uber Eats India in January this year for USD 350 million.

Israel has been positioning itself as a key player in an industry worth an estimated USD 8.7 trillion in 2018.

Samsung Venture kicked off investments in India in July 2019 and plans to invest in 100 startups over the next five years,