Ola scales down investment in Foodpanda India: Report
Ride-hailing startup Ola has reportedly more than halved its investment in food delivery startup Foodpanda India, which is owned by it. The team shifted by Ola to Foodpanda has been shifted back to the ride-hailing startup, the report added. Ola will reportedly shift focus to private labels and cloud kitchens including Great Khichdi Experiment and Lovemade brands under Foodpanda.