About Food Tech sector in India
The Food Tech sector in India comprises 3.52K companies, including 401 funded companies having collectively raised $9.86B in venture capital money and private equity. Out of these, 105 are Series A+ funded, and 3 have achieved unicorn status.
Food Tech sector in India has seen 59 acquisitions and 3 IPOs.
This sector includes companies that use Internet-based technologies for preparation and distribution of food and beverages and companies that develop next generation foods to replace conventional food habits.
Food Tech sector is also known as Food Production Technology, Agri-food Technology or Food Innovation.
Companies that provide online platforms to discover, buy and sell food and beverages, develop IoT-enabled food appliances, SaaS-based solutions, aggregate and publish food-related content, develop next-generation foods like food substitutes, meal replacement products, fortified food and insect-based food are included in this sector. Companies that build discovery platforms for multiple services along with restaurant discovery, restaurants allowing table reservation or food ordering from their websites, retailers and food product brands that sell through both offline and online channels, personal blogs of food-specific content are excluded.
Top Food Tech Companies in India
There are 3,522 Food Tech startups in India which include Zomato, Swiggy, Curefoods, EatClub, magicpin. Out of these, 401 startups are funded, with 105 having secured Series A+ funding, and 3 achieving unicorn status.
Over the past 10 years, an average of 218 new companies have been launched annually. Notably, several of these startups have been founded by alumni of IIT Bombay, BITS Pilani and IIT Delhi.
Here is the list of top Food Tech startups in India
1. Zomato
Online food ordering and delivery platform. Its features include live order tracking, multiple payment options, and personalized food recommendations. The platform allows customers to explore menus, read peer reviews, and place orders through a digital interface. It allows users to find and book tables at restaurants and explore local dining events.
Key facts about Zomato
- Founded Year: 2008
- Location: Gurugram (India)
- Stage: Public
- Total Funding till date: $1.69B
- Investors: Info Edge Ventures, Peak XV Partners and 51 Others
- Latest Funding Round: Post IPO, Nov 28, 2024, $*****
- Tracxn Score: 90/100 What is this?
2. Swiggy
Online platform for food and grocery delivery, dine-out bookings, and access to restaurant deals. The network facilitates connections between consumers, restaurants, and delivery personnel. It offers a platform for ordering meals and essential items. The company provides services through its application and website.
Key facts about Swiggy
3. Curefoods
Provider of cloud kitchens and food brand incubation. The company utilizes a technological infrastructure that streamlines processes from sourcing ingredients to customer acquisition. Its kitchens are equipped with advanced technology to ensure food safety and hygiene. It uses digital tools to manage multi-brand operations efficiently across platforms different delivery apps. The business model includes both direct-to-consumer sales and brand incubation for scaling food businesses.
Key facts about Curefoods
- Founded Year: 2020
- Location: Bengaluru (India)
- Stage: Series D
- Total Funding till date: $175M
- Investors: Chiratae Ventures, Three State Capital and 59 Others
- Latest Funding Round: Conventional Debt, Mar 24, 2025, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 1 of 1,135 Competitors
4. EatClub
Provider of D2C cloud kitchens and food delivery services. The app offers late-night delivery, live order tracking, and the ability to order from multiple brands in a single transaction. The company uses a cloud kitchen model, partnering with brands to provide a range of cuisines to its customers.
Key facts about EatClub
5. magicpin
Online platform offering discovery of local deals, experiences, and rewards. It connects users with nearby offers on dining, shopping, entertainment, and services through digital listings. The platform provides personalized recommendations and incentivizes engagement with reward programs.
Key facts about magicpin
- Founded Year: 2015
- Location: Gurugram (India)
- Stage: Series D
- Total Funding till date: $105M
- Investors: Lightspeed India, Lightspeed Venture Partners and 28 Others
- Latest Funding Round: Angel, Jan 28, 2022, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 3 of 988 Competitors
Companies founded year-on-year in the Food Tech sector in India
366 Food Tech startups in India were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | 8 |
2024 | 67 |
2023 | 170 |
2022 | 230 |
2021 | 274 |
2020 | 366 |
2019 | 265 |
2018 | 238 |
2017 | 243 |
2016 | 328 |
Stage-wise distribution of Food Tech sector companies in India
Out of the total 3,522 Food Tech companies in India, 401 have secured funding. Among them, 105 have reached Series A or higher, and 82 to Series B or beyond.
Founded - 3,522
Funded - 401
Series A+ - 105
Series B+ - 82
Series C+ - 76
Company Stage | No. of companies |
|---|---|
Founded | 3,522 |
Funded | 401 |
Series A+ | 105 |
Series B+ | 82 |
Series C+ | 76 |
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Funding Trends in the Food Tech sector in India
Total funding year-on-year in the Food Tech sector in India
The Food Tech sector in India saw a total funding of more than $8.19B in the last 10 years. The most amount of funding was in 2021 at more than $2.04B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $125M |
2024 | $1.15B |
2023 | $209M |
2022 | $968M |
2021 | $2.04B |
2020 | $1.06B |
2019 | $515M |
2018 | $1.83B |
2017 | $175M |
Recent Funding Rounds in Food Tech in India
In the year 2025, till November 2025, Food Tech companies in India have raised $117M in equity funding across 29 rounds.
In the same period last year (i.e. till November 2024), Food Tech companies in India had raised $79.7M across 41 rounds.
So, 2025 has seen a 47.33% rise in funding in Food Tech companies in India as compared to 2024.
Here are some recent, important funding rounds in Food Tech companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 4158 | Nov 25, 2025 | - | |
Seed | 4028 | Oct 07, 2025 | ||
Series C | 8420 | Sep 26, 2025 | ||
Seed | 4418 | Sep 11, 2025 | ||
Seed | 8381 | Sep 2025 |
Top Investors in Food Tech in India
LetsVenture is the top investor in Food Tech companies in India based on number of companies invested.
Here are some top investors in Food Tech companies in India:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Bengaluru (India) | ||
Singapore (Singapore) | ||
Palo Alto (United States) | ||
Redwood City (United States) | ||
Hong Kong (China) |
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M&A activity in Food Tech sector in India
In the year 2025, till August 2025, 2 acquisitions happened in Food Tech sector in India. Last year, in 2024, a total of 3 acquisitions happened in Food Tech sector in India.
Here are some recent, important acquisitions in Food Tech sector in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Aug 22, 2025 | ||
Business Acquisition | Mar 11, 2025 | ||
Business Acquisition | Oct 24, 2024 | ||
Business Acquisition | Jun 27, 2024 | ||
Business Acquisition | Apr 09, 2024 |
Acquisition trends in Food Tech sector in India
Here are the acquisition trends in Food Tech sector in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | 2 |
2024 | 3 |
2023 | 2 |
2022 | 3 |
2021 | 10 |
2020 | 1 |
2019 | 5 |
2018 | 8 |
2017 | 8 |
2016 | 5 |
IPOs in Food Tech in India
In the year 2024, till November 2024, 2 IPOs happened in Food Tech sector in India.
Here are some recent, important IPOs in Food Tech sector in India:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Nov 13, 2024 | National Stock Exchange (NSE), Bombay Stock Exchange (BSE) | |
Jul 26, 2024 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Jul 23, 2021 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) |
Colleges which produce the most Food Tech companies in India
Companies founded by alumni from top colleges in the Food Tech in India
Most number of Food Tech startups in India have been founded by alumni from IIT Bombay, BITS Pilani and IIT Delhi.
College | No. of companies |
|---|---|
IIT Bombay | 50 |
BITS Pilani | 43 |
IIT Delhi | 38 |
IIT Kharagpur | 37 |
IIM Ahmedabad | 23 |
IIM Calcutta | 18 |
Indian School of Business | 17 |
IIT Madras | 15 |
IIM Bangalore | 14 |
IIT Kanpur | 14 |
Total funding in Food Tech companies founded by alumni from top colleges in India
In the last 10 years, IIM Calcutta graduates' Food Tech companies in India have raised the most funding among top colleges. IIT Madras alumni are second, and BITS Pilani alumni are third.
College | Total Funding |
|---|---|
IIM Calcutta | $6.36B |
IIT Madras | $3.65B |
BITS Pilani | $3.63B |
IIT Delhi | $2.82B |
IIT Bombay | $1.03B |
INSEAD | $909M |
Indian Institute Of Management–Lucknow | $675M |
Indian Institute Of Management–Indore | $664M |
IIT Kharagpur | $270M |
Indian School of Business | $219M |
Top News in Food Tech in India
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Instant Grocery Delivery is Going Luxe,From Gourmet Fruits to Artisanal BreadsLivemint•Oct 02, 2025•Blinkit, Zomato
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Quick commerce firms face worker crunch ahead of festival season rushMoneycontrol•Aug 04, 2025•Blinkit, Zepto, Swiggy
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Blinkit overtakes Zomato in order value for the first time in Q1 FY26Moneycontrol•Jul 21, 2025•Blinkit, Zomato
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Mihir Wakharkar appointed as Director of Growth Marketing at Flipkart.BestMediaInfo•Jun 19, 2025•Flipkart, Rebel Foods
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CLEAR premium water, steps into E-Commerce & Quick CommerceAdgully•Jun 19, 2025•Clear Premium Water, Amazon, Swiggy, Blinkit and 3 others
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Curefoods' Millet Express Subsidiary Enters Master Franchise Agreement with EAT360Business News This Week•Jun 10, 2025•Curefoods
