Ola’s Foodpanda in advanced talks to buy Holachef2 min read 02 Aug 2018, 08:30 AM IST
In what is a distress sale, Foodpanda will acquire food-tech startup Holachef's staff, brand name and kitchen equipment
New Delhi: Foodpanda, the online food ordering and delivery marketplace owned by Ola, is in advanced talks to buy Mumbai-based food-tech startup Holachef Hospitality Pvt. Ltd, which shuttered operations nearly three months ago, two people close to the development said on condition of anonymity. In what is a distress sale, Foodpanda will acquire Holachef’s staff, brand name and kitchen equipment.