Online food delivery witnesses seesaw effect; can UberEat's revive hope?

With the foray of UberEats, India's food-tech sector is now showing signs of recovery. While the restaurant industry grew 11 per cent from 2015 to 2016, it was far outpaced by food delivery’s 30% figure in the same period, according to RedSeer Management's 2017 report.

Although this includes all delivery orders placed—online, over the phone, in-person, etc—a sizeable part of the success stemmed from the expanding online food-delivery market.

India’s food delivery sector had gone from soaring high to plunging deep into the oceans with companies shuttering and downsizing and food tech investments plunging from $500 million in