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Bangalore (Karnataka) [India], March 3 (ANI/PRNewswire): Kitchens@, a leading player in the rapidly growing cloud kitchen industry today announced the acquisition of Swiggy's Access Kitchens business through a share swap deal, effective as of 1st March 2023. Swiggy will become a stakeholder in Kitchens@ through this all-equity transaction. Swiggy pioneered the cloud kitchen model with the launch of Swiggy Access in 2017. The Swiggy Access program allows restaurant partners to establish kitchen spaces in neighbourhoods where they do not currently operate, with the goal of offering more variety and shortening delivery times for consumers. These 'delivery-only' kitchen spaces align with Kitchens@'s own cloud kitchen model. By leveraging Swiggy's analysis of local demand and selection of high-performing partners, Kitchens@ can diversify food options and meet customers' needs in specific areas. Kitchens@ has long been focused on organizing the supply side of the food ....
Suneet Kulkarni, the ex co-founder & chief operating officer of Torqus & InResto acquired by Dineout, joins as the VP of business & growth at Explorex, a restaurant focused ecosystem start-up, as a part of the company’s larger expansion plans for FY 23-24. ....