Zomato acquires TechEagle Innovations, a Lucknow-based startup.
TechEagle develops unmanned aerial vehicles or drones. It specialises in custom-made drones that can carry up to 5 kgs.
It was founded in 2015 by Vikram Singh Meena while studying at IIT-Kanpur. TechEagle will help Zomato move towards drone-based food delivery in India
Zomato is looking to create a hub to hub delivery network powered by hybrid multi-rotor drones
"We believe that robots powering the last mile delivery is an inevitable part of the future & hence is going to be a significant area of investment for us, " said Deepinder Goyal, Founder and CEO, Zomato.
Zomato currently offers food delivery services across 100 cities in India. It has over 1.5 lakh delivery partners as a part of its last mile delivery fleet.