Foodiebay, a delhi based startup which offers Food Guide and Restaurant Directory with Reviews and Ratings has received 4.7Cr from Infoedge as strategic investments. Interestingly Infoedge has invested in 3 other internet ventures -policybazaar.com and meritnation.com. It had earlier invested in Studyplaces.com which it has exited.
Foodiebay.com was launched in July 2008 by Deepinder Goyal, an IIT Delhi graduate and is an online food guide and restaurant directory of India. Foodiebay lists menus, prices and contact details of restaurants and also offers discount coupons to diners. Foodiebay apparently earns majority of its revenue comes from advertising and revenue-sharing with … Read more