 "Zomato will now deliver to your doorstep")
Zomato on Tuesday announced it had made strategic investments in Gurgaon-based Pickingo and Mumbai-based Grab, both hyper-local delivery players, to enable last-mile delivery for restaurants, including dine-in-only ones that don’t otherwise deliver. Founded in 2008, Zomato is a restaurant search website and app.
It did not disclose the financial details of the deals. Zomato has also partnered with Delhivery, the logistics start-up that provides supply-chain solutions to online and offline retailers.
Pickingo, which manages delivery for local merchants across six cities, has so far raised $1.3 million. Grab (formerly Grab a Grub) is a hyper-local logistics service connecting neighbourhood stores, restaurants and online platforms to deliver their products to the end consumers.
Pratish Sanghvi, co-founder and director, Grab, said, “Last mile logistics is a challenge for most merchants across India, especially restaurants. We view this investment as a great opportunity to solve this problem using technology. These are exciting times for food-tech in India.”
Sanghvi said the company has already rolled out our services with Zomato in Mumbai, and will extend services to other cities in the next couple of weeks.
Sahil Barua, founder and CEO, Delhivery, said, “The food-tech space in India is heating up, and we are excited about this partnership.”
Barua said he believes the technology-first approach would help simplify operations for them and enrich customers’ experiences.
Deepinder Goyal, founder and CEO, Zomato, said, “So far, restaurants have been delivering on their own, but with this partnership, we will be able to target restaurants across the country that don’t otherwise deliver. We are also launching our online ordering service in Dubai, Australia and South Africa later this month.”
Since July 2014, Zomato has acquired nine companies to extend its global reach. Zomato has raised a total of $163 million in funding and has a presence across 22 countries.
It did not disclose the financial details of the deals. Zomato has also partnered with Delhivery, the logistics start-up that provides supply-chain solutions to online and offline retailers.
Pickingo, which manages delivery for local merchants across six cities, has so far raised $1.3 million. Grab (formerly Grab a Grub) is a hyper-local logistics service connecting neighbourhood stores, restaurants and online platforms to deliver their products to the end consumers.
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Rahul Gill, co-founder and chief executive officer (CEO), Pickingo, said, “This investment will not only infuse funds into the firm, but also allow us to scale rapidly with Zomato’s online ordering business, while also leveraging its strong relationship with restaurants across the country. We have already started working together to deliver from select restaurants in New Delhi.”
Pratish Sanghvi, co-founder and director, Grab, said, “Last mile logistics is a challenge for most merchants across India, especially restaurants. We view this investment as a great opportunity to solve this problem using technology. These are exciting times for food-tech in India.”
Sanghvi said the company has already rolled out our services with Zomato in Mumbai, and will extend services to other cities in the next couple of weeks.
Sahil Barua, founder and CEO, Delhivery, said, “The food-tech space in India is heating up, and we are excited about this partnership.”
Barua said he believes the technology-first approach would help simplify operations for them and enrich customers’ experiences.
Deepinder Goyal, founder and CEO, Zomato, said, “So far, restaurants have been delivering on their own, but with this partnership, we will be able to target restaurants across the country that don’t otherwise deliver. We are also launching our online ordering service in Dubai, Australia and South Africa later this month.”
Since July 2014, Zomato has acquired nine companies to extend its global reach. Zomato has raised a total of $163 million in funding and has a presence across 22 countries.