Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2014-06-18

foodpanda.in aims 10-15% market share by 2017

foodpanda.in, an online food ordering start-up, is aiming for a market share of 10-15 per cent of the food delivery market in India.

foodpanda.in, an online food ordering start-up, is aiming for a market share of 10-15 per cent of the food delivery market in India. Rohit Chadda, MD & Co-founder, foodpanda.in, said, "Our aim is to garner around 10-15 per cent market share by 2017. Currently, the food delivery market, which is at Rs 2,000 crore in India, is expected to reach Rs 5,000-6,000 crore by 2017 for both online and offline modes."


“We were targeting to break even by FY'16 with a presence in over 45 cities of the country.  Ideally, we want to break even and make operational profits over the next two years," he said.



Currently, the online food ordering platform operates in a market place model and has a presence in 30 cities (in India).

Related opportunities
  • Tea and Coffee Chain
    About Us: Ritazza is an international chain of coffee shops specialising in..
    Locations looking for expansion Delhi
    Establishment year 1988
    Franchising Launch Date 1955
    Investment size Rs. 1 Cr. - 2 Cr
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About : Shahi Durbar is a first of its kind Indian..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    About Us: Biryani queen is a unique & Conceptualized QSR brand,..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Clinics & Nursing Homes
    About Us: At Vivekananda Health Global we strive to bring the most authentic..
    Locations looking for expansion Karnataka
    Establishment year 2003
    Franchising Launch Date 2015
    Investment size Rs. 30lac - 50lac
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts