• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, June 14, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Faasos Goes App Only As 97% of Customers Solely Place Food Orders Via The App

by Dipti Gore
August 26, 2015
in Business, News
Reading Time: 2 mins read
0
Faasos Goes App Only As  97% of Customers Solely Place Food Orders Via The App
TwitterWhatsappLinkedin

Faasos

You might also like

Apple Plans Spring 2026 Release for AI-Powered Siri Upgrade

Android 16 Rolls Out With New Features for Pixel Phones and Beyond

Nippon Steel Asserts Need for ‘Management Freedom’ in U.S. Steel Takeover

Mumbai, Aug 26, 2015: Faasos, India’s first and largest food technology business is the first food tech player to go app only in India. The app has 800,000 downloads and the Company expects to hit a million downloads in a couple of weeks.

Mr. Revant Bhate, Head of Marketing at Faasos said, “Faasos has built a niche place for itself in the food ordering space across top 10 cities in India viz. Mumbai, Gurgaon, Delhi, Pune, Vadodara, Ahmedabad, Bengaluru, Chennai, Hyderabad and Indore. Surprisingly, even tier 2 cities have shown tremendous traction for ordering via the App which led to 97% of our delivery sales coming from the Mobile App.”

Unlike other consumer internet businesses, Faasos has a distinct advantage with its Mobile App. “It is not just a representation of the website offering, but the entire proposition only works best on the App” says Revant. “Imagine the consumer seeing a different menu, during breakfast, lunch, snacks and dinner at every location that (s)he is present in along with a dynamic estimated delivery time based on the product you order and how far one is from the delivery location. Faasos has built this propriety technology inhouse and is the World’s first Food business to provide these features real time. All this is not possible when someone orders via a phone call or through a website.”

In terms of the products on offer, the business has recently expanded its offerings, and is one of the few breakfast delivering services across India. The company has recently started delivering Tea with snacks in Mumbai, a service that will soon be rolled out in Pune and Bangalore as well. In terms of expansion in Tier 2 cities, Faasos has gained success in Indore and Baroda.

The business is building a hyper local food on demand play where the company has control on everything from ordering to food to delivery. The advantage Faasos has compared to most other startups in the space, is that it has a strong offline supply chain and distribution coupled with the technology to connect all loose ends together, which has enabled them to generate revenues with bigger margins.

Incorporated in 2011, Faasos is India’s first and largest food technology business. The company’s forte lies in speedy and seamless delivery of quality food, high in taste. As the only vertically integrated food business in the country, Faasos technologically operates all the three important aspects of a ‘Food on Demand’ business, viz. Ordering (the most convenient ordering app in the country), Distribution (availability of food across different cities) and Fulfillment (Delivery through the company’s own logistics or delivery boys). Series A from Sequoia Capital in FY2012 and Series B by Lightbox Ventures, Sequoia Capital and Innoven Capital in FY2015, has assisted Faasos in its expansion plans significantly. With its wide assortment of sumptuous meals from breakfast to dinner, delivered to customers at any time of the day; Faasos aims to become the best-in-class ‘Food on Demand’ business in the country, with the apropos tagline ‘We Got Your Food’.

Tags: AppsFood
Tweet54SendShare15
Previous Post

ARM Digital – Driving Businesses To Success With Ground Breaking Digital Marketing Strategies!

Next Post

Now, Alibaba-Backed Meizu Looks To Make Smartphones In India

Dipti Gore

Recommended For You

Apple Plans Spring 2026 Release for AI-Powered Siri Upgrade

by Sneha Singh
June 14, 2025
0
Apple Plans Spring 2026 Release for AI-Powered Siri Upgrade

Apple fans waiting for a smarter, more powerful Siri will have to wait a little longer. The technology giant pushed its highly anticipated AI-fueled virtual assistant update to...

Read more

Android 16 Rolls Out With New Features for Pixel Phones and Beyond

by Anochie Esther
June 14, 2025
0
Android 16

Google has officially launched Android 16, the latest iteration of its mobile operating system. As expected, the update is rolling out first to Pixel devices, with wider availability...

Read more

Nippon Steel Asserts Need for ‘Management Freedom’ in U.S. Steel Takeover

by Anochie Esther
June 14, 2025
0
Nippon Steel

Shares of U.S. Steel dropped by 4% after a Nippon Steel executive told Japan’s Nikkei newspaper that the company's planned $14.9 billion acquisition of U.S. Steel hinges on...

Read more
Next Post
Now, Alibaba-Backed Meizu Looks To Make Smartphones In India

Now, Alibaba-Backed Meizu Looks To Make Smartphones In India

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?