Update: A spokesperson from The First (TFM) said that Hello Curry will look to enter the subscription based delivery service by leveraging TFM's operations and resources. While TFM will use Hello Curry's infrastructure to expand its supply chain. However, TFM will also continue to operate its business as an independent brand. Hyderabad based food delivery startup Hello Curry has acquired The First Meal (TFM) in a cash and stock deal, the latter confirmed to MediaNama. A Livemint report states that the acquisition will help Hello Curry to enter breakfast and meal-box delivery section. It also looks to strengthen its operations in Hyderabad through the acquisition It is not clear if TFM will continue to serve its customers independently after this acquisition. It is also not clear if Hello Curry is leveraging TFM’s partner kitchens for preparing food, etc. MediaNama has written to both companies for clarifications and will update the story once we hear from them. The First Meal delivers food meal-boxes to users who make on-demand orders through its website and Android, iOS and Windows apps. TFM has collaborated with private kitchens to prepare the food and delivers them. Hello Curry offers an Indian food menu and claims to have around 33 different outlet stores across Hyderabad, Pune and Bangalore. Users can also make orders from its online website and a mobile app available for Android users. The startup was founded in 2013 by Sandeep Penmatsa, and Raju Bhupati. Funding: Last month, Hello Curry had raised $1.5 million in bridge…
Please subscribe to MediaNama. Don't share prints and PDFs.
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...