Here’s How Zomato, Foodpanda And Swiggy Compare In Terms Of Revenues And Losses
India’s food tech space is currently locked in a three way between Zomato, Swiggy and Foodpanda. The three companies have come from very…
Tag: foodpanda
Foodpanda Dispels Rumours Of Sale, Still Bullish On India
Not willing to take the alleged reports of it shutting down and being on sale with no buyers, lying down, Foodpanda has finally spoken up. The restaurant aggregator and logistics startup, claims that the company will be profitable in the next 3 years.
Foodpanda Fires 300 Employees
The layoffs in India’s food tech sector are well on their way to continuing onto 2016. After Zomato had fired 10% of its workforce, and TinyOwl had let go of 100 employees which resulted in its cofounder being held hostage in their Pune office for 2 days, Foodpanda has fired around 300 of its staff in India. This represents 10% of its workforce.
Foodpanda Ties Up With IRCTC To Provide Meals To Railway Passengers
Foodpanda has tied up with Indian Railway Catering and Tourism Corporation (IRCTC), which handles catering, tourism and online ticketing operations for Indian Railways to make it convenient for traveling passengers to order their choice of food online.
Students Move Court Against Foodpanda Over Allegation of Wrong Bills
Bad PR seems to yet again plague the food startup. Now, law students Pranav Jain and Aroon Menon from Delhi have moved to court accusing Foodpanda of miscalculating the VAT charges on bills, subsequently misappropriating their total taxes and charges due to the govenrment, and also cheating customers in the process.