After a recent spate of big-bang funding of food discovery and delivery apps, experts believe the sector’s consolidation might be over and the remaining players are here to stay and thrive. IMAGE: Swiggy is now one of the larger players in India’s food tech industry. India’s food technology sector has had a trial by fire. After a bloodbath for more than a year and a half, which saw the demise of as many as 20 companies, the sector has emerged stronger and is on the path to become a billion-dollar industry. According to industry experts, almost $700 million of fresh capital has been infused into the sector in the past four months. After a recent spate of big-bang funding of food discovery and delivery apps, … Next »
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