Online food delivery player Foodpanda has reportedly expanded its delivery network to 30 more cities in India which has further increased its existence to 50 cities across the country. With this expansion, the company mentioned that its delivery network is now live in cities like Jodhpur, Kota, Udaipur, Amritsar, Ludhiana, Jalandhar, Dehradun, Allahabad, Varanasi, Surat, […]
Foodpanda, the food delivery app announced on Tuesday that it will begin a partnership with PhonePe to provide digital payments to every users on their platform. Moreover, Foodpanda users will benefit from a cashback of 50% up to Rs 100 on their first order as a first offer from PhonePe. This partnership will now enable […]
Ola is reportedly considering setting up an independent food-tech company after acquiring food ordering app Foodpanda in December and began negotiations to acquire additional private food firms. Ola has already held talks with Freshmenu officials and another firm operating in the same market segment, according to three anonymous sources close to Ola. As of yet, no […]
Indian cab-aggregator unicorn Ola has acquired Foodpand India, run by Germany-based Delivery Hero Group. Run by ANI Technologies Pvt Ltd, Ola will also be investing around $200 million in Foodpanda’s Indian business over an undisclosed period of time. “Foodpanda India will benefit from Ola’s scale and efficiencies as a platform, also having leveraged learnings from […]
Indian food delivery startup Foodpanda has reported its latest revenue figures FY 16-17 which reflect a 64 percent jump in the revenue over the last years. The food-delivery company earned Rs. 62.16 crores in FY 16-17 compared to Rs. 37.81 crores in FY 15-16 owing to strong order growth in key markets. Wrapping up a […]
New Delhi based online school admissions platform SchoolForSure.com has announced raising an undisclosed amount in angel funding from private investors amongst which is Rohit Chadda, co-founder Foodpanda & founder, PayLo, it said in a statement. SchoolForSure.com which operates a single platform for filling master application form for all schools enables parents to apply to multiple […]
Berlin-based online food takeaway service Delivery Hero, one of Europe’s biggest start-ups, will acquire competitor Foodpanda, a sign of further consolidation to fend off new competition in Europe’s sought after food-delivery business. Delivery Hero, which was valued at 2.89 billion euros ($3.05 billion) in its last funding round a year ago, in a statement on […]
Online takeaway delivery firm Foodpanda is acquiring the Hong Kong assets of U.S.-based Delivery.com as it consolidates its position in key markets while shedding assets elsewhere. Founded in 2012, Berlin-based Foodpanda expanded rapidly worldwide through nine acquisitions fuelled by $310 million in capital it raised in six tranches, as online takeaway food startups enjoyed a […]
After Zomato and TinyOwl, FoodPanda India has announced that it is laying off over 500 employees – What’s going wrong here? FoodPanda is a known name in the Indian food ordering business – presence in all top cities and most restaurants seem to be covered by them – they announced lay off’s today and the unofficial […]
Do you know India’s most ordered metro city food in 2018? It was Biryani. In Delhi-NCR alone more than 30k plates of Biryani ordered in Nov-Dec month. And one of the leading biryani food outlet “Hello Biryani Hai” make it happen via fast home delivery and its food outlets opened in NCR region like Noida […]
NEW DELHI: Ola is in talks with Hyundai Motor Company for investing about USD 300 million in the cab-hailing platform, according to sources. The discussions are at an advanced stage and a deal could be closed in the next few weeks, sources said. If the deal goes through, it would be Hyundai’s second investment in the […]
Ola funding by sachin bansal