About Olio
Olio is a company based in Hyderabad (India) founded in 2020 by Kshitij Budhani, Sameer Sharma, and Sunil Rawal was acquired by Curefoods in October 2021. It operates as a Direct-to-Consumer (D2C), and On-Demand Services. The company has 24 employees as of April 09, 2024. Olio offers products and services including Wood Fired Pizza, Build Your Own Pizza, and Binge Combos. Olio operates in a competitive market with competitors including Curefoods, Rebel Foods, Biryani By Kilo, Potful and FreshMenu, among others.
- Headquarter Hyderabad, India
- Employees 24 as on 09 Apr, 2024
- Founders Kshitij Budhani, Sameer Sharma, Sunil Rawal
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Uengage Services Private Limited
- Jurisdiction Panchkula, Haryana, India
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Products & Services of Olio
Olio offers a comprehensive portfolio of products and services, including Wood Fired Pizza, Build Your Own Pizza, and Binge Combos. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Wood fired pizzas are offered in various flavors.
Customizable pizzas are provided based on customer preferences.
Combo meals are curated for group dining experiences.
Funding Insights of Olio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Olio
Olio has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Curefoods. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cloud kitchens are operated and food brands are incubated technologically.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Olio
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Olio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Olio Comparisons
Competitors of Olio
Olio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Curefoods, Rebel Foods, Biryani By Kilo, Potful and FreshMenu, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud kitchens are operated and food brands are incubated technologically.
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| domain | founded_year | HQ Location |
Multi-category food products are offered via an internet restaurant platform.
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| domain | founded_year | HQ Location |
Internet first restaurant offering on demand food delivery for consumers
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| domain | founded_year | HQ Location |
On-demand food products are provided by an internet-first restaurant.
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| domain | founded_year | HQ Location |
On-demand meals are delivered via an online platform.
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| domain | founded_year | HQ Location |
Cloud-based restaurant services are operated via mobile app in Mumbai.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Olio
When was Olio founded?
Olio was founded in 2020.
Where is Olio located?
Olio is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
How many employees does Olio have?
As of Apr 09, 2024, the latest employee count at Olio is 24.
What is the annual revenue of Olio?
Annual revenue of Olio is $627.82K as on Mar 31, 2023.
What does Olio do?
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.
Who are the top competitors of Olio?
Olio's top competitors include Curefoods, Rebel Foods and Biryani By Kilo.
What products or services does Olio offer?
Olio offers Wood Fired Pizza, Build Your Own Pizza, and Binge Combos.
Who are Olio's investors?
Olio has 1 investor. Key investors include Curefoods.
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