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Mar, 23 2015

Ola enters food delivery biz, opens Ola Cafe in Mumbai

Ola has also tied up with selected restaurants in the launch city to deliver the food within 20 minutes in selected regions.

Ola earlier known as Ola Cabs has marked its entry into the food delivery space with the launch of ‘Ola Café’.

The Taxi aggregator is initially launching its food delivery service in Mumbai, with plans to expand to Delhi, Hyderabad, and Bengaluru.

Ola Cafe will bring the best of food, handpicked especially for the customers from top rated restaurants nearby. And the order will be delivered in less than 20 minutes, said Ola.

The customers can place the order via Ola apps during Lunch (12 PM to 3PM), Snacks (3 PM to 7 PM) and Dinner (7 PM to 11PM).

The customers in Mumbai can order the foods at Powai, Bandra West, Andheri West, Lower Parel, Nariman Point, Vashi, Borivalli West, Santacruz & Juhu.

Ola has also tied up with selected restaurants in the launch city to deliver the food in selected regions.

Earlier this month, the company acquired Bangalore-based TaxiForSure for $200 million (Rs 1,240 crore) in a cash and stock deal.

Having raised $210 million in Series D round of funding led by Japan’s SoftBank, it is also in talks to raise $400 million (around Rs 2,500 crore) from Russian investment firm DST Global and other existing investors, according to various media reports.

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