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Zomato just placed a big bet on drones, but will they deliver?

4 12 16
06.12.2018

Four years ago, a Mumbai-based pizzeria’s drone deliveries were stopped in their tracks by local authorities for failing to secure prior permissions and posing security threats. Now, one of India’s biggest food-tech firms is all set to form its drone-based delivery network in the country.

Yesterday (Dec. 06), Zomato said it has acquired TechEagle, a Lucknow-based drone startup, which will help it create “a hub-to-hub delivery network powered by hybrid multi-rotor drones.”

TechEagle was founded in 2015 by Vikram Singh Meena, then a student of the Indian Institute of Technology Kanpur. The company’s focus is largely on developing customised unmanned aerial vehicles (UAVs) capable of carrying up to a 5 kilogram payload.

“We are currently at the early stage of aerial innovations and are taking baby steps towards building a tomorrow wherein users can expect a drone to deliver the food they ordered online,” Zomato founder and CEO Deepinder Goyal said in a press release. “We believe that robots powering the last-mile delivery is an inevitable part of the future and hence is going to be a significant area of investment for us.”

But experts are sceptical about the drones sector that’s poised to touch almost $886........

© Quartz