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The initiative comes at a time when there are thousands of budding restaurants that may not have the expertise or focus to fundraise at the right time from the right investors, Zomato’s cofounder and CEO Deepinder Goyal said.
In a conversation with Marico's Harsh Mariwala, Swiggy's CEO, Sriharsha Majety said the decision to expand the cloud kitchen business looked like one of his 'worst investment decisions'.
Burberry named Jonathan Akeroyd CEO after his departure as Versace CEO; Forever 21 and CEO Daniel Kulle mutually parted ways.
Cloud kitchens are restaurants, ice cream parlours are not. Alcoholic beverage is not food or a food products. Mineral rights are taxable but the question remains whether these should be taxable at...
Virtual restaurants cut down on labor and real estate costs, which is even more appealing as labor costs rise.