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Friday, October 4, 2024

Food-delivery firm Deliveroo’s CEO Will Shu visits Hyderabad tech hub; Plans for Wider Expansion

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Deliveroo is a global food-delivery company that was founded in 2013 by Will Shu and Greg Orlowski, with its headquarters located in London. The company operates in several countries and works with roughly 176,000 restaurants and grocery stores, providing food delivery services to customers. The company has also expanded its services to include convenience store deliveries, and in some areas, it offers a grocery delivery service.

The India Development Centre (IDC) in Hyderabad is Deliveroo’s largest tech hub outside of the United Kingdom. The IDC provides support to Deliveroo’s global technology team by collaborating with UK-based teams in various areas such as global care and trust, financial systems, consumer, delivery, grocery, platform, restaurants, and product engineering. 

This centre is expected to bring on board 200 more employees by the end of 2023 and will continue to focus on improving Deliveroo’s value proposition for both sides of its marketplace by expanding its functions and developing those in leadership positions.

Company Deliveroo’s CEO Will Shu, said, “I’m excited to see the success of Deliveroo’s India Development Centre over the past year, which is a vital part of our global tech org.” “I look forward to strengthening our presence in India further in 2023 and to building a world-class team that drives our vision of being the definitive food company.”

During his visit to the IDC in Hyderabad, CEO Will Shu met with several government officials to discuss the centre’s progress and accomplishments over the past year, priorities for 2023, and growth strategies. The company’s expansion beyond Hyderabad to other cities like Bangalore, Gurgaon, and Mumbai through shared space partner Cowrks demonstrates the company’s commitment to tapping into the rich pool of tech talent in India.

In March 2021, Deliveroo went public and listed its shares on the London Stock Exchange. The company’s successful IPO raised approximately £1.5 billion, which it intends to use to fund its growth plans and expand its services to more areas. With its expanding global reach, extensive restaurant and grocery partnerships, and a large pool of riders, Deliveroo is set to continue its growth trajectory in the coming years.

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