Category: Food
India’s Swiggy to cut 1,100 jobs, scale down cloud kitchen operations
Swiggy said on Monday it is cutting 1,100 jobs and scaling down some adjacent businesses as India’s top food delivery startup looks to reduce costs to survive the coronavirus pandemic that has made people cautious about ordering food online. In an internal email, which the Bangalore-headquartered startup published on its…
Read More
The Great Reset
Ann Miura-Ko Contributor Ann Miura-Ko is a co-founding partner at Floodgate, a seed-stage VC firm. A repeat member of the Forbes Midas List and the New York Times Top 20 Venture Capitalists Worldwide, she earned a PhD in math modeling of cybersecurity at Stanford University. More posts by this contributor…
Read More
Building and investing in the ‘human needs economy’
Heather Hartnett Contributor Heather Hartnett is general partner and CEO of Human Ventures, an early-stage venture fund and startup studio in New York City. The entrepreneurial and investor focus of the last decade has largely been centered on increased convenience and consumerism, and has encouraged companies to prioritize scaling, with…
Read More
Indian food delivery startup Zomato cuts 13% of workforce
Zomato, an India-headquartered food delivery startup, is cutting 13% of its workforce as it looks to reduce cost and tide the coronavirus crises that has made many cautious about ordering food online. The 11-year-old firm did not disclose the exact number of people it was letting go, but the number is…
Read More
Opera’s OPay still plans Africa expansion on Nigerian super app
Opera’s Africa fintech startup OPay remains committed to building a multi-service super app in Nigeria as the foundation to expand on the continent. OPay also continues to operate ORide for limited passenger service — though the company is shifting the motorcycle ride-hail operation toward logistics businesses. These were some of…
Read More
Forget sourdough, these sisters are launching a starter to create authentic Asian food
For immigrants in the United States, representation can feel complex, celebrated and oftentimes a mix of the two. And that’s exactly why sister duo Vanessa and Kim Pham launched Omsom, a seed-stage food startup that sells packaged “starters” to recreate authentic Asian dishes at home. The starter contains sauce, spices…
Read More