#Data : Foodpanda India Recorded 37.8 Crores Revenue Against 142.6 Crores Loss

foodpanda earned a revenue of 37.81 crores in FY 15-16 compared to 4.7 crores in FY 14-15 and the company has witnessed approximataely 800% growth in revenues.Foodpanda-in-India

Although, the losses grew from 36 crores to 142.6 crores, the company claims to be running its services at operational profitability since February 2015.

foodpanda : Whose delivery is it anyways?

At present, 40% of the orders are delivered by foodpanda delivery services and the rest 60% orders are delivered by restaurants (during December 2015, only 25% of the orders were delivered by foodpanda delivery services).

Compare this with Swiggy’s revenue which recorded a revenue of Rs. 24 crores (against a loss of Rs. 137 crores)

foodpanda aims to turn profitable by FY 2019 by achieving 100% automation.

foodpanda has raised $310mn so far, with the last round raised $110 million from investors led by hedge fund Goldman Sachs Investment Partners in 2015.

Meanwhile watch this quirky ad from foodpanda

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