Deliveroo heads to India
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UK food-delivery startup Deliveroo is preparing to launch in India.
Valued at US$2 billion, the company is hiring a country head along with a full team, insiders say, according to The Times of India. It will go head to head with local players like Swiggy and Zomato as well as comparatively new entrant UberEats. Ola has also re-entered the category by acquiring Foodpanda from Delivery Hero.
Founded in 2013 by former investment banker Will Shu, Deliveroo works in 140 cities across 13 countries, including Hong Kong and Singapore.
Questions & Answers
Q.Who founded Deliveroo and when was the company established?
Who founded Deliveroo and when was the company established?
Deliveroo was founded in 2013 by Will Shu, who previously worked as an investment banker. The company has since grown significantly, preparing for an expansion into the Indian market.
Q.Which existing food delivery services will Deliveroo compete with in India?
Which existing food delivery services will Deliveroo compete with in India?
In India, Deliveroo will face competition from local operators such as Swiggy and Zomato. UberEats is also a relatively new entrant, and Ola has re-entered the market by acquiring Foodpanda.
Q.How many countries does Deliveroo currently operate in?
How many countries does Deliveroo currently operate in?
Deliveroo currently operates in 13 countries across 140 cities. Its existing presence includes locations like Hong Kong and Singapore, with India being its next planned expansion.
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