Dubai: Want to take a rough guess on the number of cloud kitchen brands operating in the UAE, with Dubai hosting the majority of these?
If you said 400 of them, give yourself a treat. And these 400 brands operate out of 80 locations, again the majority being based in Dubai. It won’t stop there as more F&B operators do away with the need to have a restaurant or smaller physical location and just rely on orders streaming in from apps or booked through their websites.
The kitchens will do the rest – these days, there are even restaurant operators that have transformed themselves into full-fledged cloud – or ‘dark’ – kitchens to serve neighbourhoods. (Jumeirah Lakes Towers cluster has got a handful of them.)
India is fast emerging as a startup nation. In around a decade, the Indian startup ecosystem has scaled to become the third-largest start hub in the world followed by the US and China. To gauge the success of Indian startups that are expected to enter the Unicorn club, management consulting firm Praxis Global Alliance, has prepared a quarterly report on India’s Soonicorns landscape – the next billion-dollar startups. It has come up with the launch of the second edition of India’s Soonicorns list. The list includes 35 startups that have the potential to achieve a $1 billion-plus valuation (unicorn) in near future.
[Funding alert] DealShare raises Rs 70 Cr from venture debt firm Alteria Capital
Jaipur and Bengaluru-based hyperlocal player DealShare said the funding is expected to be utilised for expansion into several new markets and for marketing purposes.
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Hyperlocal ecommerce startup DealShare has raised Rs 70 crore from venture debt firm
Alteria Capital. The startup is focussed on the mid-income demographic of 500 million new Internet users and has raised total capital of $34 million.
Speaking on the investment, Sourjyendu Medda, Co-founder, DealShare, said:
“We have seen tremendous growth in the last few years as we marched forward in our mission to cater to 500 million new-to-internet users. We are very happy to partner with Alteria Capital as they share a common vision and this capital will help us boost our progress in the right direction.”
a2zApril 19, 2021
Cloud kitchens are delivery-only kitchens which can be owned by a brand or third party working with various brands. Brands which are using cloud kitchens can also operate virtual restaurant or brick-and-mortar restaurant. Moreover, on the flip side brick-and-mortar restaurants are using separate cloud kitchen to provide more efficient delivery.
Business strategies of the Cloud Kitchen key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis. It also provides market information in terms of development and its capacities.
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