Tag: HungerBox-

Preeti Khera and Sandipan Mitra

Leading B2B2C institutional food-tech brand HungerBox extends smart cafeteria management solutions to malls and tech parks; signs on new clients

In a new development, HungerBox, India’s leading institutional B2B2C food-tech company has signed on new clients in a bid to extend its smart cafeteria management solutions to malls and tech parks. HungerBox will be the one-stop solution that caters to all their F&B requirements. The frontrunning food-tech brand has already signed deals with AIPL Business Club, ORRIS malls, M3M, Signature, and Galaxy, and is in talks with other leading organizations for management of their F&B services.

As the sole point of contact for all leasing requirements that include customizable technology, HungerBox has over 3000 F&B vendor partners working jointly with it on various projects. Powered by leading-edge technology for smart cafeteria management, the company offers a wide array of services including contactless desk ordering and delivery, self-pickup, etc., with over 30 digital payment options at users’ disposal. The fast-growing F&B brand also has a complete vendor POS system that will be deployed at all the food counters.

As the economy gradually reopens, people are no longer confined to their homes and malls are a crucial part of the economy contributing significantly to it as they are the hubs for several commercial businesses. Playing a critical role in the ‘new normal’ where people are opting for everything contactless, HungerBox’s solution is the need of the hour. With the newly signed deals, HungerBox will bring in its digital cafeteria management solutions to efficiently handle F&B orders for the malls and tech parks.

In terms of leasing, pre-pandemic times saw challenges such as operators now disclosing their revenues and the renting model was based on a monthly minimum guarantee. Leasing in the sector remains largely unorganized and HungerBox looks to transform that through its smart services. With HungerBox’s solutions, the rent has now been changed to the percentage of revenue made on a monthly basis, thereby easing the burden on companies. The latest offering has seen uptake from various organizations, making the F&B brand a vital contributor to the economy’s recovery.

Overall, HungerBox will be digitally managing the food courts at malls and tech parks. Pre-COVID times saw the issue of queues while placing food orders, particularly at tech parks where there is hardly more than one cafeteria for the entire premises, making it an extremely time consuming and tedious process. With people now looking to avoid crowds and queues, HungerBox has digitized the process of ordering food, making it a safe and convenient experience.

Speaking on this, Mr. Sandipan Mitra, CEO, and CO-Founder of HungerBox said, “There is a new world order where almost every aspect of our lives has been digitized and the way we consume food is no exception. Just as employees return to work, malls and tech parks are reopening and the F&B leasing sector is largely unorganized, and there is an urgent need for an efficient, smart solution. HungerBox’s solution aims to bring all the F&B services under one roof while prioritizing safety and hygiene. We will also be looking to increase sales by way of multiple offers from our payment partners and AI/ML-based upselling. We thank our clients who have trusted us to manage their F&B requirements. We will soon be expanding our services to other malls across the country.”

Customers can now download the HungerBox app or use its progressive web app for users who don’t use the app frequently to place orders that can be delivered or collected at the entrance, parking lots, or a store at the mall where the individual is present. They simply need to scan the QR code available at food courts and will be taken to the HungerBox app where they can place their orders for delivery or collection. The company will be an aggregator by helping developers coordinate through HungerBox rather than reaching out to the food court operators directly.

As the world adapts to the ‘new normal’, HungerBox aims to fulfil the F&B needs of various businesses across verticals through its technology-driven, digital cafeteria management solutions. Incepted in 2016, HungerBox clocks over 600,000 orders every day and is operational across 18 cities in India serving over 149 marquee clients.

These leading Start-ups are helping entrepreneurs of today to strengthen their business

Being a business visionary is an experience of accomplishment. One has numerous tasks to perform and handle on a day to day basis. They need to do an expansive investigation, collection and management for the structure that they are going to present to the new clients. They also need to screen all their records, extensively. With such a huge amount on different work on their plate, 24 hours is not enough. In that case, the adaptable applications that can help us with managing the time and enhance proficiency become essential. Here is a list of 6 Startups that can help entrepreneurs of today can avail to strengthen their business.

Crediwatch– Crediwatch is an AI-enabled platform that provides actionable insights and flexible workflows for seamless credit management and faster lending decisions. Crediwatch does this with no human intervention by deploying AI /ML and NLP tools that use scalable deep learning technologies across disparate digital footprints left by private entities (big and small). The company has partnered with respected financial institutions such as – SBI, Aditya Birla Financial Services, Karur Vysya Bank, RBL Bank, APAC Financial etc. to provide credit intelligence of more than 50 thousand businesses. The company has provided insights on 50,000+ businesses and $7 billion loan portfolio.

Simpl – Redefining the way payments are done in India, Simpl is a mobile application that provides consumers to buy now and checkout in one click with pay later functionality to build trust and provide strong buyer protection. The technology company works with merchants and financial institutions to enable a world where every monetary interaction is effortless and transparent. This helps online retailers give their consumers an exceptional checkout experience and post-transaction customer service. Within four years of going live, Simpl has evolved from mere 5-6 merchants to a network of 1000+ merchants presently. It is now focused on both large e-commerce and offline commerce merchants.

PrimaDollar- PrimaDollar is the leading FinTech player in global trade finance, offering a simpler, quicker and lower-cost trade finance product, needed by exporters and importers globally. With clients already in over 30 countries, PrimaDollar trade finance product is set to become a mainstream option for mid- and large-cap companies, allowing exporters to ship promptly and importers to pay later. Prima Dollar aims to bridge the timing gap involved in international trade.

HungerBox– HungerBox is a leading institutional food tech company which digitizes cafeterias and provides a platform for food vendors to expand their reach. Till date, they have onboarded close to 2400 vendors. With COVID in the picture micro-entrepreneurs have been affected and may possibly need support to stay in the business. Companies like HungerBox give that opportunity to work in an ecosystem and provide the necessary support.

Shopmatic – Shopmatic is a Singapore-based technology firm that provides e-commerce solutions to small businesses and individual entrepreneurs. Launched in 2014 with an objective to empower millions of aspiring entrepreneurs with a digital footprint, the company recently partnered with Singapore-based retail management solutions company Octopus to disrupt the retail market in Asia-Pacific with a suite of services to address the gaps that exist for offline businesses in going online. The synergy is helping local retailers implement an efficient Omnichannel retail management system post establishing their business online.

Equipped with a holistic online and offline ecosystem, these local retail stores are now able to manage their customers, reduce operational costs, synchronize inventory, onboard new customers, and offer loyalty points, etc. Such facilities, supplemented by real-time visibility of sales and staff performance, are enabling retailers to enhance their efficiency and scale up their retail business further. Through such a value proposition, Shopmatic is facilitating an efficient omnichannel ecosystem for Kirana stores across the country, thus digitally empowering them.

Wave- In the event that overseeing invoices is at the apex extensive tasks, entrepreneurs can make it more intriguing with Wave application. This cloud programming and application help business pioneers to make and send altered solicitations, record the salary and costs, send amicable suggestions to other people, filter receipts, get a notice on instalment, etc. Entrepreneurs can even acknowledge card instalment with this application.