Will Alibaba’s planned investment in Zomato disrupt the food-tech space?

Online restaurant finder and food delivery platform Zomato may receive a whopping $200 million (Rs 1,283 crore) from Chinese e-tailing behemoth Alibaba, media reports said. Mint and The Economic Times, cited unnamed people saying that Zomato will be valued at $800 million-$1 billion for this round of funding by Alibaba’s payments arm Ant Financial Services Group, or Alipay. Email queries to Alibaba did not elicit any response, while a Zomato spokesperson told VCCircle that the company “does not comment on rumours and speculations”. Zomato has been in the market to raise…

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How EatFirst is creating the first ‘online-only’ food brand to disrupt the food delivery sector

EatFirst has not given itself an easy ride. It is playing in a market saturated with competitors, where Deliveroo, UberEats and Just Eat all vie for consumers’ attention and spend. However, EatFirst’s founder Rahul Parekh insists that its business is “the natural next step” for the online food industry and points to the retail sector for proof. “In the last five years, there has been a huge emergence of online-only fashion brands. I started the business two years ago and saw the same pattern emerging in food. There is massive…

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