The quick delivery sector in India is rapidly expanding, increasingly influencing the country's e-commerce landscape. According to a recent report by consulting firm Bain and e-commerce giant Flipkart, this sector accounted for more than two-thirds of all online food orders last year, with its overall market share growing roughly fivefold compared to 2022, reaching $6-$7 billion.

Recent developments in the food delivery and tech sectors have taken a significant turn. Uber Technologies Inc. has decided to terminate its acquisition of Delivery Hero SE's food delivery business, Foodpanda, in Taiwan. This decision came in response to the rejection of the deal by the island’s antitrust authority, impacting not only the companies involved but also their shareholders.