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Foodpanda Acquires TastyKhana; Aims to Expand Reach in India

Deepanker Verma November 18, 2014 Internet

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Food delivery marketplace Foodpanda has acquired competing food delivery portal TastyKhana.com. Even after this acquisition, Tastykhana will be an independent brand. Foodpanda and tastyKhana both will have tie-ups with over 10000 resturants across in India in 173 cities.

TastyKhana was started back in 2007 and has been at top food delivery portal in India. TastyKhana is backed by Delivery Hero and raised $5 million last year.

Foodpanda has also acquired Delivery Hero’s three other business of same industry: PedidosYa, SeMeAntoja and Superantojo. Delivery Hero has acquired FoodPanda’s affliate brand Hellofood in Argentina, Chile, Colombia, Ecuador and Peru.

FoodPanda launched India operations back in June 2012. It claims to have tie-ups with more than 4000 resturants across 30 cities in India. With this new acquisition, it will get benifit of TastyKhana’s reach in India. TastyKhana has ties up with more than 9000 resturants in India.

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About the Author: Deepanker Verma

Deepanker Verma is the Founder and Editor-in-Chief of TechloMedia. He holds Engineering degree in Computer Science and has over 15 years of experience in the technology sector. Deepanker bridges the gap between complex engineering and consumer electronics. He is also a a known Security Researcher acknowledged by global giants including Apple, Microsoft, and eBay. He uses his technical background to rigorously test gadgets, focusing on performance, security, and long-term value.