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Foodpanda to hire 25,000 riders to improve delivery network

Foodpanda India CEO Pranay Jivrajka said: “Creating a strong delivery ecosystem backed by technology is one of the most fundamental needs of the Indian food tech industry.”

business Updated: Feb 12, 2018 14:26 IST
Press Trust of India
Press Trust of India
Press Trust of India, New Delhi
foodpanda,food delivery apps,ANI Technologies
(Getty Images/iStockphoto)

Online food ordering and delivery platform Foodpanda India said on Monday it plans to invest Rs 400 crore to scale up technology to ensure a seamless experience across the country.

The company also said that it plans to hire 25,000 delivery riders in the next 12 to 15 months.The investment will focus on scaling up technology, ensuring seamless experience for partner restaurants, users and riders across all the metros and other key cities in the country, Foodpanda said in a statement.

Foodpanda India CEO Pranay Jivrajka said: “Creating a strong delivery ecosystem backed by technology is one of the most fundamental needs of the Indian food tech industry.”

Owing to increasing urbanisation, growth in the internet population, higher disposable incomes and rising preference for online food ordering, the company is gearing itself to significantly grow the percentage of orders that are fulfilled by the depth and expanse of its delivery services, Foodpanda said.

In December 2017, Cab hailing app Ola had acquired Foodpanda with a commitment of infusion of funds to the tune of Rs 1,300 crore from parent ANI Technologies.

First Published: Feb 12, 2018 14:17 IST