Foodpanda

Restaurants in dilemma after govt makes changes in FDI norms for e-commerce firms, seek clarification

NRAI had approached the DIPP early this month seeking clarity if online food companies should comply with the FDI guidelines.

Sachin Bansal pumps in Rs 150 cr in Ola, more investments on the cards; firm eyes to raise $1 bn in funding

The allotment of these shares to Bansal is part of Ola's plans to raise about $1 billion in funding, they added.

Swiggy raises $1 billion in funding round, led by the internet group Naspers

Naspers said in a statement it had invested $660 million in Swiggy during this latest round

Swiggy raises $1 billion in Naspers-led funding; investment lifts food delivery firm's value to over $3 billion

Swiggy will use the funds to hire and strengthen its technology backbone, the company said.

Uber Eats ties up with Cafe Coffee Day to create India's largest virtual restaurant network

Uber Eats on Friday said it has joined hands with Cafe Coffee Day (CCD) to launch India's largest virtual restaurant network, a move that will help Uber's food delivery unit to compete aggressively against rivals like FoodPanda, Swiggy and Zomato

Foodpanda acquires Mumbai-based food-tech venture Holachef for an undisclosed amount

As part of the acquisition, Foodpanda will take over Holachef's business including its kitchens, equipment, as well as bring onboard the company's employees. Holachef's founders are set to join Foodpanda's leadership team

Zomato, Swiggy, Foodpanda, seven others delist over 5,000 restaurants for not having food safety regulator's approval

The move by the companies comes after FSSAI asked them in July to stop using edibles supplied by non-licensed operators after it received consumer complaints of sub-standard food being served through these platforms.

Online food ordering and delivery platform Foodpanda India expands to 13 new cities

The 13 cities where Foodpanda has launched operations include Jaipur, Chandigarh, Kanpur, Lucknow, Indore, Ahmedabad, Nashik, Nagpur, Mysore, Bhubaneswar, Guwahati, Visakhapatnam and Coimbatore, a company statement said.

Ola in talks with Naspers for fresh funding; cab-hailing major may see its valuation go up to $7-8 billion

Ola is also in talks with Singapore's Temasek Holdings Pvt. Ltd and two other funds to raise $1 billion capital

FSSAI directs 10 e-commerce firms to delist non-licensed operators after consumers complaint of sub-standard food

Box8, Faasos, FoodCloud, Foodmingo, Foodpanda, JusFood, LimeTray, Swiggy, UberEats and Zomato have been directed by the FSSAI