Foodpanda

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Foodpanda - Total results - 34
Zomato lays off 60 employees in customer support team 'to cut costs and reduce redundancies'
Business

Zomato lays off 60 employees in customer support team 'to cut costs and reduce redundancies'

The battle for dominance in India’s fast-growing online food delivery market is a two-way affair between Swiggy and Zomato

Ola restructures  Foodpanda, to focus on in-house food brands, expand kitchens, offline stores
Business

Ola restructures Foodpanda, to focus on in-house food brands, expand kitchens, offline stores

Ola is restructuring its food delivery platform Foodpanda to focus on building a portfolio of its own as well as curated food brands through a network of kitchens and offline stores

Ola's parent ANI Technologies suspends Foodpanda's delivery business, terminates contracts of several delivery executives
Business

Ola's parent ANI Technologies suspends Foodpanda's delivery business, terminates contracts of several delivery executives

In the last two weeks, Ola has dissolved the ground team completely. The company, however, has retained the core operations team consisting of senior employees

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

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
Business

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
News & Analysis

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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
Business

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

Foodpanda launches dedicated technology centre in Bengaluru to strengthen product capabilities
Business

Foodpanda launches dedicated technology centre in Bengaluru to strengthen product capabilities

Online marketplace for food delivery, Foodpanda on Wednesday announced the launch of its dedicated technology centre in Bengaluru

Ola planning to expand in Australia; has started inviting drivers from Sydney, Melbourne and Perth to get on its platform
News & Analysis

Ola planning to expand in Australia; has started inviting drivers from Sydney, Melbourne and Perth to get on its platform

Ola will benefit from the presence of Uber in the country as drivers are already aware of how the system works.

Ola buying Foodpanda’s India business comes as a big relief for German tech incubator Rocket Internet
Business

Ola buying Foodpanda’s India business comes as a big relief for German tech incubator Rocket Internet

With the declaration, the domestic ride-haling company Ola is trying to re-enter the online food delivery segment

Ola to buy Foodpanda: More than taking on UberEATS, it's a hyper growth strategy for Indian co
Business

Ola to buy Foodpanda: More than taking on UberEATS, it's a hyper growth strategy for Indian co

Given that Foodpanda has been struggling for a while, the acquisition was waiting to happen.

Ola to re-enter online food delivery market, will buy Foodpanda’s India unit in an all-stock deal
Business

Ola to re-enter online food delivery market, will buy Foodpanda’s India unit in an all-stock deal

In 2014, Ola had forayed into food delivery business with Ola Cafe and had expanded offering to cities like Delhi, Mumbai and Bengaluru

Ola buys Foodpanda India from Delivery Hero Group for $200 mn; Pranay Jivrajka to head this new business unit
News & Analysis

Ola buys Foodpanda India from Delivery Hero Group for $200 mn; Pranay Jivrajka to head this new business unit

According to the cab aggregator platform's statement, the deal includes the transfer of Foodpanda's India business to Ola in an acquisition deal in exchange for Ola stock.

Foodpanda signs up Shah Rukh Khan as brand ambassador
Business

Foodpanda signs up Shah Rukh Khan as brand ambassador

The brand association will be commenced by a brand new TVC to be launched later this week on all platforms