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Average number of monthly active users rose by 15% to 321.4 million worldwide
Through this partnership, customers across Asia can get food options from virtual brands such as Faasos, Behrouz Biryani
Pranay Jivrajka was CEO of Ola Foods and an early employee of the ride-hailing firm
The significant increase in expenses from the last year is contributed by discounts provided and delivery charges incurred," said Anchal Agarwal, CEO, Tofler
Ola's food business will focus on becoming a food-first company with a massive kitchen infrastructure and a slew of brands
Co-founded by former Foodpanda CEO Saurabh Kochhar and Cygnus Hospitals co-founder Naveen Nishchal, Meddo would be utilising the funding for technological advancement and hiring
Is it time for the aggregator brands to rethink their promise to their partners-be it restaurants, airlines and hotels and drivers?
Owners say the cost of deep discounting by Zomato, Swiggy falls on them
The company, according to sources, is diverting a part of its manpower from teams which mainly manage Foodpanda and Ola Play
The company, which was bought to compete with UberEats, lost its way.
Foodpanda is said to be trying to use the Freshmenu playbook of setting up brands online and then setting up stores offline to gain traction
Almost a dozen mid-level employees said to have jumped ship over the past two months
The frustration stems from promises delivery executives feel were not kept by Foodpanda
Takes on UberEats, Swiggy; experts question cash burn
Company banks on the deal to strengthen presence in Mumbai and Pune; also plans standardised food items under own brand
This is the highest number of seats that have been occupied by any organisation in a co-working space all over India
Saili Jahagirdar, who runs a chain of restaurants in Pune, claimed that the company owes her over Rs 50,000 for two of her restaurants
Foodpanda leads in Thailand by revenue but is girding for more competition
Centre to work in areas like machine learning, data sciences to build personalised offerings for restaurants, customers
According to a company statement here, the investment would focus on scaling up technology and a dense logistics network