With the growing number of more than two dozen food tech start-ups in the last one year, the food delivery scenario has garnered investor's interest as well.
Meanwhile experts believes that, service tax increase of 14 per cent would fuel inflation across the board and would affect even the common man as cost of everything would go up by 2 per cent.
Banks are earning good returns by offering deals on dining. Online table reservation using debit and credit cards is a normal affair these days and with banks offering discounts on such cards, the whole process is benefiting every party involved.
If people are spending money and new restaurants - large and small - are opening up everywhere, one would assume that the industry is healthy. However, brush away the dust and you face stark reality.
In April 2015, over eight food companies raised funds and about two mergers and acquisitions took place. The total fund raised by food players' amounted to over $155 million.