Curefoods acquires Yumlane Pizza for undisclosed amount
Cloud kitchen startup Curefoods has fully acquired Yumlane Pizza and its proprietary technology for an undisclosed sum. In 2021, Curefoods took Yumlane Pizza cloud kitchen franchisee rights for south Indian market followed by 10 per cent stake in the company in 2022. The move is also expected to help Curefoods—which owns brands like EatFit, Nomad Pizza, and CakeZone—expand its reach and distribution through Yumlane’s network of cloud kitchens, the firms said in a statement.
Swiggy acquires retail distribution company LYNK
Swiggy has entered into a definitive agreement to acquire retail distribution company LYNK Logistics Limited. This is the third major investment by the foodtech major since 2022.
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