Mobile app based cab company will take the ownership of online food ordering company food panda in India. Ola company announced to buy this from delivery hero group in 20 crore dollar (1300 crore Indian rupees). Ola founder pranay jivrajka will be new ceo of the food panda. Food panda is a Germany based international brand.
Ola co-founder and CEO said that company will focus on the growth and our commitment will be to focus on the commitment for the customers and partners to create values.
CEO and co-founder of the delivery hero company Nicolas Austburk said that I will effect the food panda business in positive ways and will help company to explore Indian market. Company will also get benefit of national reach of Ola cab in India.