Key highlights:

  • Indian online food delivery industry has seen a 15% growth in Q2
  • Quarterly gross merchandising value (GMV) registered a growth of approximately 17%
  • Players in online food delivery business were pushing for growth in volumes in under-penetrated cities

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The Indian online food delivery industry has seen a 15% growth in second quarter of 2017. The April-May-June quarter saw a large growth of 15% from Q1 2017 due to the increase in volume from underpenetrated cities.

The daily order volume saw a huge surge in Q2 2017 as it increased to 3.49 lakh from 3.04 lakh in Q1 2017, a growth of 15%, according to a RedSeer Consulting report.

Even the quarterly gross merchandising value (GMV) registered a growth of approximately 17%. This is as the GMV in Q2 2017 stood at $173 million from $148 million in Q1 2017.

Restaurant owners breathe easy as food delivery start-ups grow in size

  • Indian online food delivery grows by 150% in volumes in 2016
  • More and more restaurants are turning to food delivery start-ups