The foodtech sector has evolved over the years with many online food delivering platforms foraying into the space. But one thing has remained the same — the love and craving people have for food. The concept of ordering food online has only made it more convenient for them.
A RedSeer report says the Indian online food delivery market is expected to reach $4 billion in 2020 from $0.3 billion in 2016, growing at a CAGR of 90 percent.
Jobs in the foodtech sector have also been on the rise with top startups hiring like never before and fast expanding beyond Tier-I cities. The foodtech sector is highly in demand, especially in the current situation of the coronavirus pandemic, as people across India are finding it difficult to get and stock up on food and groceries.