About Olio
Olio is a Consumer company based in Hyderabad (India) founded in 2020 by Kshitij Budhani, Sameer Sharma, and Sunil Rawal, and was acquired by Curefoods in October 2021. Olio is engaged in providing pizza and related food items. It operates on a Direct-to-Consumer (D2C) and On-Demand Services model. The company has 24 employees. Its Indian entity Uengage Services Private Limited reported revenue of ₹14.72 Cr. Olio offers products and services including Wood Fired Pizza, Build Your Own Pizza, and Binge Combos. Its focus areas include Hospitality, Food and Beverage and Restaurants. Its competitors include Curefoods, Rebel Foods and Biryani By Kilo; 3 of its 3 listed competitors have raised funding.
Company details
Olio is involved in the food and beverage sector, focusing on pizza offerings. Various types of wood-fired pizzas, customizable options, and combo meals are provided. Services include delivery, pickup, dine-in, and in-car ordering options. The company operates primarily in Madhapur, India, catering to local customers with a focus on quality and convenience in the hospitality industry.
- Headquarters Hyderabad, India
- Employees 24
- Founders Kshitij Budhani, Sameer Sharma, Sunil Rawal
- Stage Acquired
- SectorsConsumer
- Phone•••• ••••
- Website oliokitchen.in
- Social LinkedIn Facebook
- Acquired by Curefoods (Oct 2021)
- Legal Name Uengage Services Private Limited
- Date of Incorporation 16 Mar, 2016
- Jurisdiction Panchkula, Haryana, India
Associated legal entities of Olio
Olio operates through Uengage Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Uengage Services Private Limited CIN U93000HR2016PTC058592 | Active | 16 Mar 2016 | Panchkula, Haryana | ₹14.7 Cr | 24 | 2 | View details |
Products & Services of Olio
Olio offers a comprehensive portfolio of products and services, including Wood Fired Pizza, Build Your Own Pizza, and Binge Combos.
Wood fired pizzas are offered in various flavors.
Customizable pizzas are provided based on customer preferences.
Combo meals are curated for group dining experiences.
Investors in Olio
Olio has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Curefoods.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud kitchens are operated and food brands are incubated technologically. | 2020 | curefoods.in | Bengaluru, India |
Investor details for Olio
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Board of directors of Uengage Services Private Limited (Olio)
Uengage Services Private Limited is the primary company behind Olio. The board of Uengage Services Private Limited currently have 2 directors; the longest-serving is Abhilasha Sidana, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhilasha Sidana DIN 07421740 | Director | 16 Mar 2016 | 10 yrs 7 mo | Uengage Services Private Limited |
| Sameer Sharma DIN 06868927 | Director | 16 Mar 2016 | 10 yrs 7 mo | Uengage Services Private Limited |
People of Olio
3 people are tracked at Olio (3 in leadership); the tracked headcount is 24.
| Name | Role | Group |
|---|---|---|
Kshitij Budhani | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Sunil Rawal | Co-Founder | Leadership |
Complete people profiles for Olio
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Financials of Olio
Figures of Uengage Services Private Limited, the primary company behind Olio, for FY 2025. Revenue was ₹14.72 Cr (+60% year on year). Net profit was ₹54.7 Lakh (4% margin). EBITDA was ₹1.30 Cr (9% margin). Revenue has grown at a compounded annual rate of +58% over three years and +41% over five years.
- ₹14.72 CrRevenue · FY 2025 · +60% YoY
- ₹54.7 LakhNet profit · 4% margin
- ₹1.30 CrEBITDA · 9% margin
- ₹1 LakhPaid-up capital
- 24Employees (provident fund records)
- +58%Revenue CAGR, 3 years
- +41%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Uengage Services Private Limited are on its company page.
Detailed financial statements for Olio
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Timeline of Olio
2 dated milestones of Olio across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Olio is founded.
- Exit Acquired by Curefoods.
Competitors of Olio
Olio has 3 listed competitors in our database, 3 of them funded. They include Curefoods, Rebel Foods and Biryani By Kilo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| curefoods.in | 2020 | Bengaluru, India | $174.75M | 3,156 | Cloud kitchens are operated and food brands are incubated technologically. | |
| rebelfoods.com | 2010 | Mumbai, India | $693.05M | 6,445 | Multi-category food products are offered via an internet restaurant platform. | |
| biryanibykilo.com | 2015 | Gurugram, India | $65.1M | 1,750 | Internet first restaurant offering on demand food delivery for consumers |
Detailed competitors of Olio
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Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Olio (Food & Beverage Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.79 B | 6,903 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,488 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 |
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Related news about Olio
Complete news archive for Olio
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Frequently Asked Questions about Olio
Olio was founded in 2020.
Olio is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Olio has 24 employees.
The primary company behind Olio, Uengage Services Private Limited, reported revenue of ₹14.72 Cr for FY 2025, up 60% year on year.
Olio is involved in the food and beverage sector, focusing on pizza offerings. Various types of wood-fired pizzas, customizable options, and combo meals are provided. Services include delivery, pickup, dine-in, and in-car ordering options. The company operates primarily in Madhapur, India, catering to local customers with a focus on quality and convenience in the hospitality industry.
Olio's top competitors include Curefoods, Rebel Foods and Biryani By Kilo.
Olio offers Wood Fired Pizza, Build Your Own Pizza, and Binge Combos.
Olio has 1 investor. Key investors include Curefoods.
Olio operates through Uengage Services Private Limited.
Yes. Olio was acquired by Curefoods in October 2021.
The legal entities of Olio currently have 2 directors, including Abhilasha Sidana, Sameer Sharma.