Evolving with technological advancements to solve hurdles, India’s food delivery network chain Zomato is trying to slowly overcome the traffic problem and late deliveries. Zomato has recently acquired a startup named TechEagle Innovations for developing drones that are capable of delivering food.
The Lucknow-based start-up that Zomato has recently acquired is a startup started by IIT-Kanpur student, Vikram Singh Meena, in 2015. TechEagle Corporation works on drone manufacturing domain and focuses on custom-made drones which can carry upto 5 kilogram payload. TechEagle will be working in the domain of developing drones for food deliveries in India, and soon a drone might show up to deliver the order you placed on Zomato – which will not only widen Zomato’s reach and gain more customers, but will also revolutionize the outlook of food delivery outlook.
Zomato started as a restaurant search in 2008, later it started food delivery, take-away and table reservation as well. Expanding the business all over India, Gurugram based company Zomato is currently partner with around 75,000 restaurants across India, and compared to competitors like Swiggy, Foodpanda and UberEats, Zomato gains its 65% revenue with the food delivery business. The acquisition is done almost after a year of the acquisition of delivery fleet startup Runnr, and the added sci-fi features will only bring more business for the company.
Announcing about the new acquisition, Founder and CEO of Zomato Deepinder Goyal said that they are at the early stage of Aerial Innovation and, “We believe that robots powering the last mile delivery is an inevitable part of the future and hence is going to be a significant area of investment for us”.