In this era of startup culture booming all around, online food ordering firms have sprouted up in bulk. The market size of food in India is expected to reach Rs. 42 lakh crore by 2020, reports BCG. Presently, the Indian food market is around $350 billion. The space is coming up with a lot of innovation catering to their customer convenience, satisfaction and retention.
Many new players are also joining the segment with innovative business models such as delivering food for health conscious people, home cooked meals, etc.
Mumbai, Pune, Bangalore and Delhi have secured the first four positions respectively in the mobile food ordering sector. Foodpanda, Swiggy, Faasos, Tinyowl and Zomato are the top rated food ordering apps. Here is an infographic by affiliate marketing portal, Shoppirate bringing out what’s happening in the food tech market.
Category Culture Ecommerce Startups