Foodies Compass is also planning to expand to Mumbai, Delhi, Bangalore, Kolkata, Chennai, Hyderabad and Ahmedabad in the next one year.

"As a backpacker and traveler, there was always this problem of what to order due to lack of visual and credible sources. So, we introduced this website and app where people can see visuals of food before they order," said Goyal.

Travelkhana that delivers food to railway passengers and has funding from Rajan Anandan head of Google India is started by Pushpinder Singh, who has masters in computer science from BITS Pilani and a BTech from IIT.

An NCR based chai café, Chaayos serves more than 25 varieties of tea, competes with established coffee outlets. It was opened in 2012 by Nitin Saluja who is a graduate from IIT Bombay.

"There is a high demand for chai and because our products are priced lower, we see higher footfall and revenue than other major coffee chains like CCD, Barista, etc," said Saluja 

"It has demonstrated the potential to become a sunrise sector and has seen interest from private equity firms as well," said Ankur Bisen, vice-president, retail, Technopak Advisors.

According to Bisen of Technopak, given that Indians are traveling widely and exposure to global cuisines is increasing, the food business is set to expand. The food service market is projected to grow to $92 billion by 2020 at a compounded annual growth rate of 10 percent.

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