New Virtual Restaurant Brands Company Virturant Out to Save the Restaurant Industry

Key Take Away

Virturant, the startup virtual delivery-only restaurant company launched in January 2020 to save the restaurant industry, creates an entirely new revenue stream for eateries with extra capacity looking to earn more money.  By making productive use of underused/unused kitchen staff and operational hours, restaurants can increase revenue and profitability.

It’s easy to manage orders on these platforms with innovative tablet integration software – as all four delivery apps are managed by one tablet and one printer all supplied by Virturant.

The Model

By entering into a licensing agreement, restaurants can go from producing the items on their existing menu, to also offering entirely new items

“In addition to a new customer base, the magic in our model is that peak ordering demand for delivery is different from peak serving time for the typical sit-down, fast-casual restaurant,” said Jon Register, CEO, Virturant.

For More Information Click Below:

www.restaurantnews.com/new-virtual-restaurant-brands-company-virturant-out-to-save-the-restaurant-industry-061620/

Helsinki hospitality startup Bob W raises €4 million for tech-enabled apartment hotels with custom sanitisation process

Key Take Away

Bob W, a Helsinki-based hospitality startup, has raised €4 million in a seed round led by by Founders and joined by real estate investors NREP and Estonian firm Kaamos.

The Finnish startup offers an accommodation hybrid between hotels and short-stay apartments or hosted homes like Airbnb, which guests can rent nightly, weekly or monthly. 

 The hospitality company also touts its ‘Ridiculously Clean Standard’, a 63-step protocol to clean, sanitize, disinfect and seal every suite.

For More Information Click Below:

tech.eu/brief/bob-w-seed/

Cloud Kitchens — Top 10 mistakes that take your business down

Key Take Away

Foodtech startups have re-defined the food consumption of an average Indian customer. From gourmet to street foods delivered to our home by the innovative, algorithm-driven apps assigning a fleet of concierge delivery guys who pick up the food from several choices of restaurants, disrupting the food industry — both in organized and unorganized sectors.

One such advantage of this technology-driven delivery platform is the existence of Cloud kitchens or dark kitchens. 

The major reasons for the failure of these kitchens are:

1. Lack of Business vision

2. Huge leap in Aggregators commission

3. Too Many Players in the Same Segment

4. Pricing Factor

5. Zero Market Research

6. Lack of Consistency

7. Lack of Technology

8. Dependency on Unreliable Labour

9. Flawed Costing

10. Lack of Structure and Process

For more information visit :

https://medium.com/@srinivasanrangarajalu/10-reasons-for-the-failure-of-cloud-kitchens-any-food-business-3c2ea2dfb65