Bengaluru-based procurement startup BazaarNXT is riding India’s foodtech boom

Since 2015, food delivery companies Swiggy, Zomato and Zomato’s new acquisition UberEats have changed the way Indians eat – many now opt to dine in, rather than dine out. With an average of close to 500,000 orders a day, these companies may be slugging it out for market share, but there’s one thing they have in common: the need for good packaging. Restaurants and food delivery partners know that their reputation and customer satisfaction is directly proportional to the packaging.  And Dhananjay S, former Co-founder of intra-city food delivery company Zipd, realised this in 2017 when he noticed how restaurants procure their raw materials. “Procurement was highly unorganised and inconvenient for both, vendors and restaurants,” says Dhananjay, the Founder of Bengaluru-based BazaarNXT.  Launched in 2019, BazaarNXT takes care of end-to-end packaging and procurement for restaurants. It works as a marketplace, bringing all manufacturers under a single roof, and giving a competitive edge over price, quantity and turnaround time (TAT).  “Bazaar means a market. Because these restaurants were buying their raw materials from the local market or vendors, we thought BazaarNXT was the right name as it is a modern, futuristic and extended version of the local bazaar, powered by constantly evolving technology,” Dhananjay says. The founding team of procurement startup BazaarNXT.

Read more at: https://yourstory.com/2020/01/bengaluru-based-procurement-startup-bazaarnxt-swiggy-foodtech


Read more at: https://yourstory.com/2020/01/bengaluru-based-procurement-startup-bazaarnxt-swiggy-foodtech