Food Rocket

About:

Food Rocket is a rapid grocery delivery startup

Website: https://www.foodrocket.me/

Twitter/X: foodrocket_me

Top Investors: AltaIR Capital, Internet Initiatives Development Fund (IIDF), Baring Vostok Capital Partners, Angelsdeck Global Ventures, Circle K Venture

Description:

Food Rocket is a rapid grocery delivery startup that provides fast grocery delivery, promising door-to-door delivery within 15 minutes of the order’s placement. Its business model is based on AI-enabled technologies to manage warehouse stocks, forecast demand and optimize delivery time by predicting the closest store that offers the fastest delivery time and the lowest costs of putting together and delivering the order. The startup is competing with the biggest players on the market – DoorDash, GoPuff, Amazon Fresh, InstaCart. Founded in 2021, Food Rocket aims to shift the consumers’ buying habits from advance, bulk purchasing to daily shopping. Its founder’s expertise is manifested by successful cases of on-demand grocery delivery in other countries. Likewise, the team has collectively founded multiple companies across digital marketing and food retail, employing over 250 people in the past.