Swiggy and Zomato, food delivery rivals in India, back UrbanPiper in $24 million funding – TmZ.NG – TmZ Blog

swiggy and zomato food delivery rivals in india back urbanpiper in 24 million funding tmz ng tmz blog

This Article was last updated 10 seconds ago by Ola

Also Checkout This Trending Articles on TmZ Blog Plastic Surgeries and Implants

Swiggy and Zomato, food delivery rivals in India, back UrbanPiper in $24 million funding – TmZ.NG #Swiggy #Zomato #food #delivery #rivals #India #UrbanPiper #million #funding #TmZ.NG Welcome to TmZ Blog, here is the new story we have for you today:

Celebrities Leaked Plastic Surgeries, Butt And Boobs Jobs.

swiggy and zomato food delivery rivals in india back urbanpiper in 24 million funding tmz ng tmz blog

UrbanPiper, a restaurant management platform that processes 18% of all online food orders in India, has raised $24 million in a new financing round from a number of investors including Swiggy and Zomato, the three firms said Monday.

The six-year-old startup’s Series B funding was led by existing investors Sequoia Capital India and Tiger Global. Pankaj Chaddah, a founder of Zomato, Ankit Nagori of Curefoods and Khadim Bhatti and Vara Kumar are among some angels who have also invested in the new round.

The vast majority of restaurants that sell online tend to maintain businesses with multiple food delivery startups. This typically means that the staff at those restaurants have to manage management apps from multiple firms and painstakingly track order flows and inventory on all services.

UrbanPiper operates a one-shop app that syncs inventory and commerce flows with multiple services at once.

“For many restaurants, it’s not feasible for food delivery firms to offer them the system, dashboard, detailed analysis on billing and invoicing. We are able to deliver on that. When we all come together, we can all probably do a better job and move the industry forward,” said Saurabh Gupta, co-founder and chief executive of UrbanPiper, told TmZ.NG in an interview.

“These chains, their volumes were too high and at that scale, they could not operate multiple dashboards.”

The startup processes 14 million orders a month, up from 2 million it processed in 2019, when it raised a $7.5 million Series A funding, he said. “We have also grown the number of restaurants we serve by 10 times,” he added.

Click Here For More Videos on This Leak

Turn Your Idea Into A Website, Click Here to Host With Ultahost

swiggy and zomato food delivery rivals in india back urbanpiper in 24 million funding tmz ng tmz blog

swiggy and zomato food delivery rivals in india back urbanpiper in 24 million funding tmz ng tmz blog

This Article was last updated 18 seconds ago by Ola Also Checkout This Trending Articles…

This Article was last updated 3 seconds ago by Ola Also Checkout This Trending Articles…

This Article was last updated 11 seconds ago by Adesola Also Checkout This Trending Articles…

This Article was last updated 13 seconds ago by Ola Also Checkout This Trending Articles…

This Article was last updated 3 seconds ago by Ola Also Checkout This Trending Articles…

This Article was last updated 17 seconds ago by Adesola Also Checkout This Trending Articles…








Comment