Swiggy And Zomato, Food Delivery Rivals In India, Back Urbanpiper In $24 Million Funding
04/18/22, 5:31 AM
Money raised
$24 million
UrbanPiper, a restaurant management platform that processes 18% of all online food orders in India, has raised $24 million in a new financing round from a number of investors including Swiggy and Zomato, the three firms said Monday.
Company Info
Additional Info
UrbanPiper, a restaurant management platform that processes 18% of all online food orders in India, has raised $24 million in a new financing round from a number of investors including Swiggy and Zomato, the three firms said Monday. ”The startup now processes 40 million orders a month, up from 2 million it processed in 2019, when it raised its Series A funding, he said. This typically means that the staff at those restaurants have to manage multiple firms’ management apps and painstakingly track order flows and inventory on all services.UrbanPiper operates a one-shop app that syncs inventory and commerce flows with multiple services at once.“For many restaurants, it’s not feasible for food delivery firms to offer them the system, dashboard, detailed analysis on billing and invoicing. “UrbanPiper is one of our key partners enabling us to seamlessly engage with restaurants and scale faster through their point-of-sale solutions.