But, there are few start-ups and restaurants that grabbed the opportunity and invited investors to put money in them showing great scale for the business.
Citing about the US operations it said the US is an overcrowded market, and we will not be able to make inroads into the US. HSBC, because it never spoke to us, doesn't know that we didn't acquire Urbanspoon for its US presence.
At a time when fresh juice segment is growing 15 per cent annually in India, Raw Pressery was born. Talking to RI, Anuj Rakyan, MD, Raw Pressery talks about the fresh juice business.
From healthy food start-ups, a quirky restaurant concept, a chef curate platform and a coffee or tea business all are getting good traction from the investors.
With a gross margin of 21.5%, Cookaroo currently processes close to 200 orders per day and has 15 operational commercial kitchens across JP, Jayanagar, HSR, Koramangala, CBD (central business district).
According to the officials at Food Processing industry, this move will allow more expansion and investment of food multi-brand retailing in global market.