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Despite shutdowns, online-food delivery witnesses 150% growth

Despite shutdowns, online-food delivery witnesses 150% growth

Tuesday, February 7, 2017, 11:24 AM

RedSeer Consulting, in its study 'Growth of Indian Food-Tech Industry' has disclosed that in spite of shutdowns and layoffs, the industry still has seen 150% year-on-year growth rate in India, with an estimated gross merchandise value of $300 million, on the back of strong demand from top cities in 2016. According to the report, online platforms have helped the restaurants to increase their reach.
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