If cab aggregators can do such fine business, why not food aggregators?Eating, after all, is as necessary and universal as travelling. The closures came in quick succession over the last three months as Cyberchef, Mealhopper and Biteclub wrapped up. Cyberchef, the most recent to shut, had an ugly closure with several home chefs this correspondent spoke to as well as the vendors working with the company alleging it hadn't cleared their payments. "I worked with Cyberchef for around eight months and payments were always late. "As an investor, I am still very bullish about food tech," said Vikram Upadhyay , founder of a business accelerator.

Source: Economic Times August 22, 2016 04:18 UTC