Ola is working furiously behind the scenes to relaunch its grocery vertical by early next year, according to three people with knowledge of the company’s operations. The ride-hailing firm’s new arm would use Foodpanda’s resources, including 125,000 delivery riders, they said, as it looks to gain a sizeable share of India’s $28 billion (Rs 2.06 trillion) online grocery ordering and delivery market.
Ola did not respond to a detailed questionnaire on this issue.
Sources said the Bhavish Aggarwal-led firm had been working on relaunching the grocery