wordpress blog stats
Connect with us

Hi, what are you looking for?

#Outlook16: How Indian hyperlocal & food delivery companies view 2016

Albinder Dhindsa

In our #Outlook16 series, we asked hyperlocal delivery companies about their key takeaways in 2015, their plans for 2016 and the challenges that the segment need to address. We spoke to Faasos, TinyOwl, Swiggy, PepperTap and Grofers. Faasos, TinyOwl and Swiggy are food delivery companies while Grofers and PepperTap are hyperlocal delivery companies. Answers have been edited for brevity. What have been the top developments for the sector in 2015? Revant Bhate, Faasos Food tech cannot be synonymous to aggregators but has to also consider other service providers existing in this space. Hence, we would say 2015 made people realise what food technology stands for.  [caption id="attachment_146242" align="alignright" width="150"] Harshvardhan Mandad[/caption] Harshvardhan Mandad, TinyOwl One of the top developments for the sector have been ‘wallets’ which is already conquering the app sector. People are preferring variety of payment options under one roof. Nandan Reddy, Swiggy - Angels and VCs have been very active and that augurs well for the growth of food-tech industry in particular. - While starting off from a small base – players have now established themselves across the country with transactions running in hundreds of thousands. - Since the industry is overcrowded with over 250 players, the year has also witnessed some consolidation and downfall of companies which managed to get initial rounds of funding but failed to create a differentiation in their offering/ service. What has been the biggest challenge for the sector in 2015? Revant Bhate, Faasos There was too much froth in the market. The situation was similar to…

Please subscribe/login to read the full story.
Written By

Free Reads

News

With GPS in every car, India's toll collection is going high-tech.

News

Google is currently undergoing the necessary procedures for the leasehold land, which is presently under the ownership of the Maharashtra Industrial Development Corporation.

News

The pilot project for which is being launched in 19 cities this year, with a plan to launch a full-fledged rollout next year.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ