Discover and read the best of Twitter Threads about #foodtech

Most recents (10)

.@KhaledAlwaleed explains alternative proteins, the various types of startups working in food tech solutions, and cites data on GCC's reliance on imports, adding that Saudi's interest in #foodtech is leading the way alongside the UAE #KAUST_SustainableFoodSecurityKSA |
@kaustcda
"Education around precision fermentation & other types of food tech needs to be ramped up," -@KhaledAlwaleed adding that a barrier to mass adoption from a cultural perspective is global, not unique to any 1 region. "Regulatory approval is a must"
#KAUST_SustainableFoodSecurityKSA
"The companies KBW Ventures invests in are currently working across cell cultivation, fermentation, and plant-based food tech," - @KhaledAlwaleed naming KBW portfolio companies @TurtleTree_, @upsidefoods, @BlueNaluInc, @bondpetfoods.
#KAUST_SustainableFoodSecurityKSA |
@kaustcda
Read 6 tweets
Bad product features-Product features that drive the agenda of the product leader and not fulfill the needs/desires of the user. They exist only for optical reasons.

Good product features- Fulfill the needs/desires of the user.

#ProdMgmt #ProductLeadership
One of needs for the users of any #foodtech app would be to not see any variance in the amount to be paid between when the food item is selected versus the amount that is paid finally.
Eliminating this 'unpleasant surprise' is more important than providing discount coupons which most of the times doesn't give the user the feeling that they are saving money in the transaction.

It rather makes the user feel that the company underestimates their intelligence.
Read 4 tweets
We have had a busy 2021 and we look forward to 2022 which is brightened further with the spirit of Indovation and ideation. Cheers to each of you and your families. Image
2/n 2021 was a challenging year personally for many with #Covid 2nd wave but it presented professional opportunities for #startup ecosystem too. @SucSEED_IN built its maiden #AngelFund #IndovationFund, amongst overwhelming response & kept growing its strength as #AngelNetwork too ImageImage
3/n At #IndovationFund, we believe that early-stage discovery is best handled with the help of Experienced folks. We have great #SectoralCommittee structure helping us to discover, screen, curate, invest and mentor these startups, in 6 sectors of our #Fundfocus #SucSEEDfamily Image
Read 24 tweets
🦠 THREAD : les biotechs, fers de lance de l’industrie pétrochimique

Covid-19 : « la fièvre des biotechs s'est emparée de Wall Street.
Les montants levés ont atteint le niveau record de 9,4 Mds $ ». lesechos.fr/amp/1232492
Selon Rothschild AM « le secteur de la santé va conserver son rythme de croissance structurelle des ventes autour de 5% au niveau mondial avec des progressions de résultats de 8 à 10% par an durant les 10 prochaines années», lerevenu.com/placements/sic…
Le secteur de la santé, c’est
- l’industrie pétro-chimique
- les laboratoires pharma
- les biotechs

La biotechnologie c’est quoi ?
-> La R&D sur les OGM.

L'OCDE (un think tank néolibéral fournissant les éléments de langages aux lobbyistes) définit la biotechnologie comme ImageImageImageImage
Read 25 tweets
{Thread on food delivery}
Spotifying and Netflixing food is the next frontier for food delivery innovation. Food delivery has evolved from aggregation->experience->selection over the last few years. Discovery is the next moat #startups #foodtech
Phase 1: Aggregation
The zero to one phase of food delivery which enabled access to restaurants and delivery of food by aggregating supply and demand
Phase 2: Experience
The next phase was about building a strong moat in the form of a superlative delivery experience
Read 6 tweets
There has never been a better time to set shop in Southeast Asia. The internet economy is BOOMING, and HOW! Some numbers.

The obvious comparison here is India with 1.3 billion people.
SEA has 650 million people, but heavily transact on the internet.

[THREAD]
2016: 260 million internet users.
2019: 360 million internet users, 90% on mobile.

[All subsequent data from a Google report that has been tracking SEA since 2016]
2018: The internet economy reached $72 billion in GMV (This was $40 billion higher than the previous year's reports' own estimates. Growth, then, was unprecedented)

2019: Touched the $100 billion mark.

The value of the Internet economy has more than tripled between 2015-2019😳
Read 9 tweets
#FoodTech 🥘
Thread about #DarkKitchens

(1) Dark kitchens are delivery-only kitchens
German article ktchnrebel.com/de/dark-kitche…
(2) in #London 🇬🇧 or #India 🇮🇳
English article livemint.com/companies/star…
(3) operated by Delivery Services 🚴‍♂️such as @Deliveroo @UberEats #supper @JustEatUK ...
Read 14 tweets
I find it bit stressful to browse @Zomato. This is my Personal Feedback. @zomatocare can forward it to the UX Team.

User Journey 1. My browsing habit, when I have a preferred location in my mind, normally in my home city.
Environment - Sitting on my Bed, browsing Zomato.
Go Out -> Select a Location -> List of Restaurant -> Filter by Budget -> Filter by Type -> Quickly check Location of successive Restaurants on Map -> Select Restaurant -> Book Uber.

User Journey 2. My browsing habit, when I have a
preferred Cuisine in my mind. Most of the time, I search by Cuisine than searching by Location. I am a Fan of Tasty Youtube Channel. I like visiting new Restaurant.
Environment - Sitting on my Bed, browsing Zomato. Go Out -> Search a Cuisine (Sizzler) ->
Read 4 tweets
Let's have our weekly #GlobalEChats and discuss the topic of #foodtech #delivery.

As #food is a necessity, it is natural that #entrepreneurs are lured into venturing in the F&B business. What more with #IR40, we often think of taking business one step ahead: by involving tech!
Now let's break this down into two types of niche within #fooddelivery and #fnb industry.

1. You own the restaurant and you are providing an additional delivery #service.

2. You don't own any restaurant and you are merely the delivery service.

The two are very different!
To help put points into perspective:

#1 is a classic example of pizza stores such as @DominosMY. Any #eatery can set up its own delivery system.

#2 is a rather new invention. Such examples would be @foodpanda_my and @GrabMY's GrabFood service!
Read 13 tweets
1/ Food Delivery Retail Chain Business have moved from Technology to Operations (#FoodTech to #FoodOps). Ordering Food Online has became a regular necessity in Indian Cities. Third Party Delivery Companies need to standardize the Package Size and other aspects, if they want to
2/ Scale the Business. Customers don't like to be left guessing. Guessing push people to look for options and drive them away from business. It also creates distrust. Customer like, What you see is What you get. The CEO's of Food Delivery Retail must meet and come to a Collective
3/ Consensus. In the long run Defining Standards would Scale the Business. #investors #operations #FoodTech #FoodOps #Retail #Business #Scaling #Strategy #Management #Swiggy #Zomato #UberEat #FoodPanda #Delivery #CX #UX #CEO
Read 4 tweets

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