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Zomato Acquires Runnr To Boost Food Delivery

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In a recent blogpost, Zomato founder and CEO Deepinder Goyal has confirmed that the foodtech startup has acquired Bengaluru-based Runnr. Runnr is a B2B online service provider platform for hyperlocal logistics services. It is expected to strengthen Zomato’s food delivery capacity.

Post acquisition, Runnr founder Mohit will remain the founder and CEO of the hyperlocal startup. He will continue developing his vision along with the rest of the founding team – Arpit, Mukunda, Gnanesh, Vatsal and Aravind.

The speculations for the deal first emerged in May 2017, Zomato was reported to be in talks with Runnr to optimise its logistics costs for hyperlocal food delivery.

Talking about the acquisition Zomato CEO Deepinder Goyal said, “I’m very excited to share, that beginning today, you will see our team in their red Zomato t-shirts delivering food to you. We’ve been adding to our Runnr team steadily over the past week; it is already 1500 strong and growing by the day. Just to ensure that you get your food with a smile and on time! Yes, that’s right, we just signed our long-rumoured acquisition of Runnr.”

In his current blogpost, Goyal revealed that the deal has been in place for a while now. Runnr founder and CEO Mohit Kumar, has been in delhi to look after the partnership. He termed the acquisition to be an........

© Inc42