In 2019, cloud kitchen start-ups in India received funding worth around 165 million U.S. dollars. It was the first time that cloud kitchen providers received more funding than online food delivery companies, which attracted over two billion U.S. dollars in total between 2014 and 2019. The food tech segment is completed by online table reservation providers which reached their peak in 2018 with 34 million U.S. dollars funding. Overall, 2018 had been the most successful year for food tech companies in terms of funding with a total of over 1.7 billion U.S. dollars.
Funding of food tech companies in India from 2014 to 2019, by type (in million U.S. dollars)
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BCG. (January 28, 2020). Funding of food tech companies in India from 2014 to 2019, by type (in million U.S. dollars) [Graph]. In Statista. Retrieved July 03, 2022, from https://www.statista.com/statistics/1226907/india-food-tech-funding-by-type/
BCG. "Funding of food tech companies in India from 2014 to 2019, by type (in million U.S. dollars)." Chart. January 28, 2020. Statista. Accessed July 03, 2022. https://www.statista.com/statistics/1226907/india-food-tech-funding-by-type/
BCG. (2020). Funding of food tech companies in India from 2014 to 2019, by type (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 03, 2022. https://www.statista.com/statistics/1226907/india-food-tech-funding-by-type/
BCG. "Funding of Food Tech Companies in India from 2014 to 2019, by Type (in Million U.S. Dollars)." Statista, Statista Inc., 28 Jan 2020, https://www.statista.com/statistics/1226907/india-food-tech-funding-by-type/
BCG, Funding of food tech companies in India from 2014 to 2019, by type (in million U.S. dollars) Statista, https://www.statista.com/statistics/1226907/india-food-tech-funding-by-type/ (last visited July 03, 2022)