The online restaurant discovery and food delivery startup Zomato Media Pvt., Ltd., has invested in Hyderabad based home cooked meal delivery startup TinMen. In a blog post, Zomato founder Deepinder Goyal announced the companies will work together to offer a larger variety of healthful meal options to the users. Existing investor Lead Angels also participated in this round of funding.
TinMen is a home cooked meal delivery app, owned and operated by Vicinia Retail Pvt., Ltd., that currently serves 10 major areas in Hyderabad. Founded by Mukesh Manda and Chaitanya Degala in 2013, the startup works with professional chefs to provide home cooked meals to working professionals in the City. Talking about the acquisition, Deepinder Goyal said TinMen is “an efficient and modest little company which provides easy access to home cooked meals at affordable prices, for thousands of people in Hyderabad.”
The startup provides office lunches using a scheduler built into their app through which users can create meal plans for a day, a week or a month and opt out of deliveries at a day’s notice. The company offers meals starting from Rs. 65 without delivery charges and is already delivering over 30,000 orders a month. They currently offer services in Gachibowli, Financial District, Kondapur, Hitec City, Madhapur, Jubilee Hills, Banjara Hills, Punjagutta and Begumpet. This collaboration will give TinMen access to Zomato’s 1 million unique user base. The startup is looking to increase its current monthly revenue of around Rs. 28 lakhs by 5 times and is also targeting to cater to over 1 lakh orders per month by March 2018.
Zomato, which recently acquired another food delivery startup Runnr, is tapping into the affordable healthy home cooked meals offering space with this investment. The company has reportedly reduced its cash burn by 81% while its revenue surged by about 80%, making it a profitable startup. Goyal also announced that they will forgo commissions charged to restaurants clocking high order volumes as the company is generating enough cash to cover the investments.
However, Tinmen will not be leveraging Zomato’s self fulfilled delivery fleet but will continue using their existing third party logistics services for now.
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The National Company Law Tribunal (NCLT) Bengaluru bench has dismissed an insolvency plea filed against quick commerce startup Dunzo by its invoice discounters, declaring the petition “not maintainable” after several postponements. This decision offers temporary relief to Dunzo, which has been facing multiple insolvency petitions from various creditors, including Velvin Packaging Solutions and Betterplace Safety Solutions, over unpaid dues.
The invoice discounters alleged that Dunzo had paid only 50% of the required amounts, though the exact sum was not disclosed. Despite ongoing settlement talks, no resolution was reached, and the tribunal noted Dunzo’s delays in responding to creditor petitions. Dunzo continues to grapple with severe liquidity issues, delayed payments, and significant losses—reporting a ₹1,801.8 crore loss in FY23 and owing approximately ₹11.4 crore to major vendors like Google India and Facebook India.
While this NCLT ruling provides Dunzo some breathing room, the company still faces ongoing financial and operational challenges as it works to resolve its outstanding liabilities.
Hyderabad-based startup Harvesting Robotics has won hearts online by appointing a golden retriever named Denver as its Chief Happiness Officer (CHO). Denver, introduced by co-founder Rahul Arepaka in a viral LinkedIn post, has quickly become the star of the office, spreading joy and boosting morale among employees. The company is now officially pet-friendly, a move Arepaka calls their “best decision.”
Denver’s new role has sparked widespread attention, with thousands liking and commenting on the announcement. Many see Denver’s presence as more than just a cute story—it highlights a growing trend of pet-friendly workplaces that prioritize employee well-being and happiness. As companies increasingly focus on holistic wellness, Denver’s appointment shows that sometimes, a wagging tail is the best way to brighten the workday.
Info Edge (India) Ltd shareholders have overwhelmingly approved an investment of up to ₹1,000 crore in the company’s third venture capital fund, Info Edge Ventures Fund III. The proposal received near-unanimous backing, with 99.9995% of valid votes in favor out of 1,274 participants.
Smartweb Internet Services Ltd, a wholly owned Info Edge subsidiary, will act as sponsor and investment manager for the new fund. This move strengthens Info Edge’s commitment to backing early-stage startups and expanding its footprint in India’s venture capital landscape.
Info Edge has a strong track record as an early investor in leading Indian startups like Zomato and PB Fintech, with combined holdings in these firms valued at ₹31,500 crore ($3.7 billion) as of March 31, 2025.
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May 24, 2025 at 6:01 am
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