Ola in talks to acquire FreshMenu after Foodpanda deal

Taxicab Aggregator, Ola acquired food delivery service Foodpanda in late 2017 and is exploring the possibility of setting up an independent food-tech startup.

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Ola running under ANI Technologies Pvt. Ltd., is in talks with Food Tech Startup brand FreshMenu which is owned by Foodvista India Pvt. Ltd).

However, no deal has been agreed to yet with either of the brands, the report stated

Ola has been in talks with private food brands since it acquired Foodpanda in late 2017.

Also Read: Ola Acquires Mumbai-Based Public Transport Ticketing And Commuting App 'Ridlr'

In December, Ola purchased Foodpanda India from its German parent Delivery Hero AG in an all-stock arrangement and said it will contribute $200 million to extend Foodpanda’s tasks. Ola has made founding partner Pranav Jivrajka CEO of Foodpanda.

According to reports, the company is reportedly exploring the possibility of creating an independent food technology company.

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