Zomato and Swiggy invest in UrbanPiper’s $24 Mn Series B round

A slew of angel inventors including Pankaj Chaddah, Ankit Nagori, Saahil Goel, Vishesh Khurana, Khadim Bhatti and Vara Kumar also participated in the round. UrbanPiper will use funds to bolster the platform’s capabilities by scaling its product and engineering teams, said the company in a statement. It helps restaurants to integrate and manage multiple delivery platforms in a single dashboard and provides an API to connect with existing POS. UrbanPiper said that restaurants can integrate all these aggregators onto a single dashboard and connect it with their points of sale resulting in a 70% decrease in order failure. Since its listing on stock exchanges in July last year, Zomato has invested in over half a dozen companies including Mukunda Foods, BlinkIt, Shiprocket, Magicpin, Curefit, UrbanPiper and Adonmo.