A homegrown food tech firm is gearing up to take on the food delivery duopoly of Swiggy and Zomato with an eye on breakeven in 7-9 months.
Fooza Foods Private Limited, founded by entrepreneurs Dibyendu Banerjea and Reena Lath, announced the launch of mobile application Fooza on Monday.
Banerjea, who has past experiences in the hospitality sector as the general manager of The President Hotel of IHCL in Mumbai, operations head of Boston Group of Hotels and COO of Microtel Inns and Suites, said that discussions were on with a mix of domestic and overseas investors for capital support as the company expands in new cities over the next two years.