Mumbai: Delhi-based Yumist, a food tech start-up that operates in the daily meals segment, is in talks with venture capital investors to raise around $2 million to scale up operations, said two people aware of the development. Jain previously worked as chief marketing officer at food tech start-up Zomato and coupons site DealsAndYou. The food tech start-up is backed by Ronnie Screwvala’s fund Unilazer Ventures and Rehan Yar Khan’s Orios Venture Partners. Investor interest is also returning to branded food-tech start-ups such as Yumist,” said the second person mentioned above, also requesting anonymity. In August, YumLane, a branded food tech start-up raised seed funding, in a round led by Flipkart’s CEO Binny Bansal.

Source: Mint October 23, 2016 15:33 UTC