The company advised on a £30 million loan secured against a portfolio of light urban industrial spaces across London, to be let to multiple catering and delivery tenants. The spaces are known as dark kitchens.

French startup Not So Dark has raised an $80 million Series B funding round led by Kharis Capital and Verlinvest, with Convivialité Ventures also participating. The startup has launched digital food delivery brands that you can find in food delivery apps.

This crackdown comes after Prashant Baid, a Twitter user, revealed — in his personal blog — how one person/entity was running 400 different restaurant listings on Swiggy and Zomato from two tiny kitchens.

With lower investment and operating costs, convenient expansion opportunities, and better margins than restaurants, the cloud kitchen industry has recently become among India's most successful, booming, and lucrative business models. In terms of the gross merchandise value (GMV), the Indian cloud kitchen market is expected to become a $3 billion industry by 2024, up from about $400 million in 2019, according to RedSeer Consulting.

Foodtech giant said it is piloting the program for delivery workers who have been with the company 2-3 years.

A Manila-headquartered startup called CloudEats, which operates cloud kitchens across the Philippines and Vietnam, just raised a $7 million Series A extension led by Nordstar to accelerate the digitization of food service in Southeast Asia.

Nicole Niña Bian-Ledesma, chief operating officer and vice president of the Academic Affairs Institute of the Joji Ilagan International Schools that owns ICHEf, said they plan to open the facility as a kind of cloud kitchen — also referred to as a virtual kitchen that provides only delivery service — to local entrepreneurs who want to put up a halal business.

Just Kitchen announces the expansion of JustKitchen's in-house brands to Thailand via GrabKitchen.

South-east Asian tech group remains bullish despite shares plunging 61% year to date.

Foodpanda Pakistan will be profitable next year, said its managing director and CEO Muntaqa Peracha, a statement that comes at a time when some of its peer companies are either shutting down some business verticals or trimming operations in the country.