How the F&B industry actually
runs, evolves, and grows.
In-depth pieces from our analyst team — the operations, market shifts, technology bets, and people decisions shaping food service.
The Race Between 7 Brew and Dutch Bros is Officially On
There aren’t any visible signs the QSR beverage space is cooling. Rather, it’s become a race to grab sites, adjust menus, and leverage what’s become one of the more-attractive margin and demographic opportunities in recent memory, especially as inflation narrows restaurant usage.
DevX Swings Back To The Black, Reports ₹8 Cr Profit In Q4
Coworking space provider DevX (Dev Accelerator)’s net profit for the quarter ended March 2025 (Q4 FY26) stood at ₹8 Cr, nearly 4X of ₹2.11 Cr PAT registered in the year-ago period. The company managed to get back into the black after incurring a loss of ₹1 Cr in Q3.
Groww Promoters Sell Stake Worth ₹270 Cr
Stock broking firm Groww’s promoters have offloaded shares worth around ₹270 Cr over the past one week, according to disclosures filed with the exchanges.
The Race to Build the Next Great Asian Fast-Casual Chain
Aks Sethi remembers the moment that changed the trajectory of his business. In 2014, the entrepreneur—then four years into running Thai Chili, a sit-down restaurant in Gilbert, Arizona—walked into a Chipotle and saw the future.
India’s Swiss Watch Challengers
On April 10, the Prime Minister was spotted wearing a wristwatch adorned with a tiger motif that immediately drew the attention of watch enthusiasts in India — not for its price tag or a global luxury label, but for its origin.
The Hidden Cost of the Third-Party Delivery Boom and How to Win
Over the years, the typical QSR customer has changed. One of the biggest changes is that 30–40 percent of dine-in customers have moved toward the drive-thru. This shift originally driven by COVID caused the customers to visit their favorite restaurants a different way.
D2CX Converge Ahmedabad Spotlights Growth Playbooks Of India’s Emerging Consumer Brands
As India’s consumer internet story matures beyond the first wave of ecommerce adoption, the next decade of D2C growth will be shaped by brands that can build strong recall, crack omnichannel distribution, and create products tailored to the country’s evolving consumption habits.
The Mythos Threat, Delhivery’s Q4 Snapshot & More
When AI Learns to Break Things Anthropic’s Mythos — an AI system capable of autonomously finding and exploiting software vulnerabilities — has sent shockwaves through India’s financial establishment.
New-Age Tech Stocks Slide Amid Q4 Earnings; Pine Labs, Zaggle Lead Losses
New-age tech stocks saw a bearish week as investors turned selective amid the ongoing Q4 earnings session. Forty six out of the 57 new-age tech stocks under Inc42’s coverage fell in a range of 0.2% to over 22% this week.
From Rapido To HrdWyr— Indian Startups Raised $303 Mn This Week
Indian startup funding momentum witnessed a sharp uptick this week on the back of Rapido’s mega funding round this week. Fifteen startups managed to raise $303 Mn between May 11 to May 15, marking a 129% increase from $132.2 Mn raised across 18 deals last week.
How ‘The King of Miami Nightlife’ is Building a 360-Degree Global Lifestyle Empire
Restaurant operators, listen up: The nature of dining out is changing, according to David Grutman, who is credited with single-handedly transforming the global nightlife and hospitality scene.
The State of Mobile Ordering in QSR: Which Brands are Winning, and Where Opportunity Still Lies
Last year’s Emerging Experiences Report—the third iteration in partnership with Intouch Insight—took us across the QSR landscape to visit next-generation designs. Were these elevated, tech-enabled builds satisfying their premise? Had AI infiltrated the guest experience?
Joshua Liggins Wants to Keep the Magic Going at Dave’s Hot Chicken
Joshua Liggins has a lot of observations from his opening months at Dave’s Hot Chicken. One being, if you stripped the buzz and just paid attention to how it operated, you’d think this was a brand clawing for survival.
Flipkart To Defer IPO Till 2028, Eyes EBITDA Profitability In FY27
Ecommerce major Flipkart has reportedly deferred its IPO till at least the next year as it eyes profitability before listing publicly.
Rapido Raises $240 Mn At $3 Bn Valuation To Expand Footprint
Ride-hailing unicorn Rapido has raised $240 Mn (₹2,302 Cr) in a fresh funding round led by existing backer Prosus, with participation from WestBridge Capital, Accel, and other undisclosed investors.
AI Startups To Watch: 5 Startups That Caught Our Eye In May
The AI narrative in India is currently dominated by scale, with Google breaking ground on its $15 Bn AI Hub in Visakhapatnam and Maharashtra’s landmark AI Policy 2026. Yet, beneath these massive infrastructure bets and policy shifts lay a more fundamental tension.
Ecommerce To Capture 22% Of India’s Retail GMV By 2031
No longer just about shopping online, India’s ecommerce story is fast becoming a full-scale retail reset.