You are here: Home » News-IANS » Business-Economy
Business Standard

Zomato buys Lucknow-based TechEagle to deliver food via drones

IANS  |  New Delhi 

With an aim to deliver via drones in India, online ordering app on Wednesday announced it has acquired a Lucknow-based startup that works exclusively on drones, for an undisclosed sum.

TechEagle will help create a powered by hybrid multi-rotor drones, the company said in a statement.

"We are currently at the early stage of aerial innovations and are taking baby steps towards building a tomorrow wherein users can expect a drone to deliver the they ordered online," said Deepinder Goyal, Founder and CEO,

TechEagle was founded in 2015 by IIT-alumnus

"Our first 'delivery job' currently is to design multi-rotor drones that can pick up a payload under 5 kg and set up drone delivery circuits for reducing the last mile delivery leg," added Goyal.

Zomato has over 75,000 restaurant partners offering delivery services across over 100 cities in

It acquired last year and currently has over 1.5 lakh delivery partners as part of its last mile delivery fleet.

"We are excited to be a part of the team and together build something which will certainly play a significant role in the future of primary and secondary logistics in the in India," added Meena.

The acquisition came after Zomato announced earlier this week that Durga Raghunath, currently Indian Express Services, will be joining the company as Senior Vice President-Growth, effective December 21.

--IANS

na/sed

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, December 05 2018. 18:18 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU