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What was the reason for the yumist shutdown?
Founded by former Zomato official, Alok Jain, along with restaurateur Abhimanyu Maheshwari in November 2014, Yumist, served home-style meals prepared in their own kitchens. As per the founders, failure in raising funding was one of the reasons behind the shutdown.
Why was yumist shut down in Bengaluru 2016?
The startup took its first step back in May 2016 when it paused Bengaluru operations. The reason cited for the shutdown was that Yumist did not own a kitchen facility in Bengaluru which stopped them from bringing similar enhancements as NCR and fragmented the brand. At the same time, Yumist launched a 12000 sq ft, mega kitchen for NCR.
What kind of food does yumist make for office?
Founded in October 2014, Yumist offered home-made food, primarily to office goers. It offered options like rajma rice, and chicken rice, operating in the low-priced daily meals market. The company counted the “dabba-walla” and “corporate canteens” as its primary competitors.
Who are the founders of the startup yumist?
Founded by Alok Jain and Abhimanyu Maheshwari in 2014, Yumist sought to establish a network of homemade food for people who wished to experience the same. The Gurugram based startup aimed to serve home cooked meals via Zomato and Swiggy at rates starting from INR 100. Alok Jain and Abhimanyu Maheshwari - Yumist Founders
Last Update: Oct 2021
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