E-commerce company Foodpanda plans to invest Rs 400 crore in India to enhance presence and delivery network through investing in latest technology.
Foodpanda plans to hire 25,000 delivery riders in the next 12 to 15 months across all the metros and other key cities in the country.
The food technology company would invest in a strong technology backend and logistics network to ensure better services for customers. The investment will focus on more efficient and time saving procedures for delivery logistics.
Pranay Jivrajka, CEO of Foodpanda India, said that the investment and expansion is in line with its go-to-market strategy to make a difference in the food ordering experience of its restaurant partners, customers and riders.