Hotline: 1800 102 2007
X
Search Business Opportunities
Oct, 05 2017

This flagship store will be launched at the Bengaluru International airport

Unlike food delivery companies Swiggy and Zomato, Freshmenu prepares meals in its own kitchens and delivers them

Online food delivery platform Freshmenu is opening its first offline store. This flagship store will be launched at the Bengaluru International airport.

 

K Ganesh, who has invested in Freshmenu, said the outlet will open this year and is mainly being opened for branding purposes. He said there are no plans to launch more outlets. “The airport gets a huge footfall. We had been getting a lot of demand and queries from customers to launch an outlet there. The menu will be tweaked a bit to suit more take-out options.

Unlike food delivery companies Swiggy and Zomato, Freshmenu prepares meals in its own kitchens and delivers them. Other new age food players that have taken the online-plus-offline route include Mumbai-based Faasos, Delhi-based Chaayos, and Bengaluru-based ChaiPoint and Brekkie.

Many food players have struggled in recent times. Thin margins and waning venture capital investments have pushed online-only companies like TinyOwl and Yumist to either shut down or restrict their operations.

Since its launch in 2014 in Bengaluru, Freshmenu has expanded its menu and extended its presence to Mumbai and Delhi-NCR. In 2015-16, Freshmenu had Rs 34 crore in losses on revenue of Rs 31 crore. The company says it gets about 12,000 orders every day. Bengaluru accounts for 80% of it. The company has so far got $22 million in funding from investors including Zodius, and Lightspeed Venture Partners.

Comment
Related opportunities
  • Solar Energy and Components
    About Us: Indiagosolar.in  is India's 1st solar e-info commerce marketplace offering..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size
    Space required 1800
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater New delhi Delhi
  • About Us: English Pillars Edu Comp is a registered ISO certified..
    Locations looking for expansion Punjab
    Establishment year 2002
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Amritsar Punjab
  • Online learning/E-learning
    About Us: FRANCHISEES ENQUIRIES WILL BE ENTERTAINED OF THOSE PEOPLE ONLY..
    Locations looking for expansion Gujarat
    Establishment year 2003
    Franchising Launch Date 2015
    Investment size Rs. 50 K - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Rajkot Gujarat
  • Others Health Care & Fitness
    About Us: Tecfit20, a venture of emtstecfit20 pvt ltd, is the..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 350
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities