Zomato acquires TechEagle Innovations for undisclosed amount; drone-based food delivery to get a boost


New Delhi: Zomato on Wednesday mentioned that it has acquired Lucknow-based startup TechEagle Improvements, for an undisclosed quantity, to carve a path towards drone-based meals supply in India.

TechEagle will assist in making a hub-to-hub supply community powered by hybrid multi-rotor drones, Zomato mentioned in an announcement.

Zomato, nevertheless, didn’t share any monetary particulars of the acquisition.

Commenting on the event, Zomato founder and CEO Deepinder Goyal mentioned, “We’re presently on the early stage of aerial improvements and are taking child steps in direction of constructing a tomorrow whereby customers can count on a drone to ship the meals they ordered on-line.”

“We imagine that robots powering the final mile supply is an inevitable a part of the longer term and therefore goes to be a big space of funding for us,” the Zomato founder mentioned.

Meals supply enterprise presently contributes about 65 p.c to the general income of the corporate, Zomato mentioned.



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