Source: Entrackr

Holachef: Another distress sale? Ola-owned Foodpanda may acquire Holachef

Months after acquiring a food delivery platform Foodpanda, in a distress sale, ride-hailing firm Ola is still to make any noise in the food delivery space. Though Ola might not have delivered much even after pumping in $200 million into its newly-acquired entity, it hasn't abandoned the plan in the food delivery segment.Foodpanda is now planning to acquire a Mumbai-based food delivery startup Holachef in a distress sale. The platform has stopped operations nearly three months ago.Continue reading Another distress sale? Ola-owned Foodpanda may acquire Holachef at Entrackr.

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Est. Annual Revenue
$100K-5.0M
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