Bengaluru: Food-technology start-up Zomato Media Pvt. Ltd is in advanced talks to acquire delivery start-up Runnr (Carthero Technologies Pvt. Ltd) in a move that will help Zomato strengthen its food delivery business, according to two people aware of the development.
The deal is likely to give Zomato a captive fleet of delivery personnel, a model similar to its rival Swiggy (Bundl Technologies Pvt. Ltd). While the final contours of the transaction are yet to be finalized, Zomato is likely to buy Runnr in an all-stock deal for about $20 million, said one of the two people cited above, both of whom spoke on condition of anonymity.
read more- Live Mint
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