Ola-backed Foodpanda India acquires food-tech startup Holachef

Ola-backed Foodpanda India acquires food-tech startup Holachef

Photo: Livemint

Foodpanda, the online food ordering and delivery startup owned by Ola, has acquired Mumbai-based, food-tech startup Holachef Hospitality Pvt. Ltd for an undisclosed sum, the company said in a statement on Tuesday. Mint had on 2 August reported that Foodpanda was in advanced talks to buy Holachef, which had shuttered operations in April this year.

Foodpanda will take over Holachef’s employees and kitchen equipment. Holachef founders—Anil Gelra, Gaurav Srivastava and Saurabh Saxena—will join the leadership team at Foodpanda.

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