British Food Delivery player Deliveroo eyes India Operation

British online food delivery start-up Deliveroo is all set to make India entry. Valued at $2 billion Deliveroo was founded by former investment banker Will Shu and Greg Orlowski in 2013. The later quit the company in 2016.

The delivery start-up is present in 140 cities across 13 countries in Asia-Pacific, Europe and the Middle East. 

Backed by the Fidelity and T. Rowe, Deliveroo is considered as one of the best funded European start-ups. According to the reports, Deliveroo is in the process of hiring a country head along with setting up a full-fledged team in India.

Hence, we can say that with people becoming more convenience driven there is lots of opportunity for the e-Commerce players in the country. And, with international players coming in it will grow more competition amongst local players like Swiggy, Zomato, InnerChef and the likes of UberEats and Ola who recently entered into the business.