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Foodpanda expands to 30 more Ola cities, now in 50

Foodpanda has added 30 more cities to its repertoire, and is now present in 50 cities according to a press statement. It will now be available in Jodhpur, Kota, Udaipur, Amritsar, Ludhiana, Jalandhar, Dehradun, Allahabad, Varanasi, Surat, Vadodara, Aurangabad, Bhopal (across Uttar Pradesh, Rajasthan, Punjab, Gujarat, Madhya Pradesh and Maharashtra) etc. It claims to be the only/first online food delivery platform in 13 cities including Ajmer, Bikaner, Mathura, Rajkot, Jabalpur, Ujjain and Meerut. The company targets to expand to a total of 100 cities by the end of November. It will next expand to the eastern and southern parts of India. Foodpanda claims to have 125,000 delivery personnel on its platform. Last month, Foodpanda launched in thirteen cities: Jaipur, Chandigarh, Kanpur, Lucknow, Indore, Ahmedabad, Nashik, Nagpur, Mysore, Bhubaneswar, Guwahati, Visakhapatnam and Coimbatore. In these cities, Foodpanda partnered with 3,000 restaurants and 5,000 delivery agents. Foodpanda hopes to quadruple the delivery fleet by March next year. Foodpanda’s timeline in India It is no surprise that Foodpanda has launched in cities that Ola is already present in (see a list here). Rocket Internet launched the food delivery platform in India in 2012. Since then, it has raised: $20 million in May 2013 (AB Kinnevik owned 24.2% stake in the parent company Rocket Internet) $20 million in February 2014 $60 million in August 2014 $110 million in March 2015 $100 million in May 2015 Layoffs In December 2015, the company laid off 15% of its staff across verticals, to become ‘sustainable and profitable’…

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I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

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