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Faasos - The Many Ways To Delight Yourself
Faasos is an Indian "food on demand" company, which operates in the organised food business in India, which is worth US$ 48 billion, of which food delivery is valued at US$ 15 billion – according to a report published by India Brand Equity Foundation (IBEF).
Though on ground the online food industry may be in its nascent stage, experts are of the opinion that it has seen an exponential growth. There is a growing trend of online food delivery players like Zomato, TinyOwl and Swiggy building customer base through partnerships, indicating the huge potential in the organised food business. The Boston Consultancy Group had earlier estimated that the market size of food in India would reach Rs 42 lakh crore by 2020, from Rs 23 lakh crore in 2014.
Significantly, the rise of online food start-ups, with the objective of tapping the millions of internet users in India, has a lot to do with this growth.
Co-Founded in 2011 by Jaydeep Barman and Kallol Banerjee, Faasos is an Indian "food on demand" company, operating in the 15 largest cities in India. It takes customer orders through mobile app. It is the only vertically integrated food business in India and operates all three stages of a "food on demand" business which include ordering, distribution and order fulfilment. The company receives 10,000 orders a day across India and has recorded a growth rate of 20-25 per cent month-on-month. It has served more 40,00,000 till date.
Faasos operates in more than 200 locations across India. Food lovers can click on “Aaj Khane Mein Kya Hai” and choose from a great range of Breakfast, Indian meal boxes, Chinese, South Indian, Rice and Biryani combos. It also offers a variety of Wraps and Desserts – all delivered to the doorstep in no time at all - 365 days a year.
Leading venture capital firm Sequoia Capital was its early investor. In 2015, Faasos raised two rounds of funding - US$ 20 million led by Lightbox Ventures and US$ 30 million led by Russian firm ruNet which valued the firm at around US$ 130 million.
Faasos is one of the most highly-funded food startups, which so far offered only self-branded food from its own kitchens -around 175-odd ones across top 15 cities. The company recently flipped its business model to expand food variety on its menu by partnering with homechefs -around 100 on its rolls now.
Faasos offers different types of menus for its ever increasing range of food items.
Classic Faasos: Customers here find the ever expanding range of best-selling Faasos products – wraps, biryanis, rice feasts, great Indian meals, all day breakfasts, tea and snacks, desserts and many more.
Local Favourites: With the objective of offering more variety with quality, Faasos curates best dishes from local restaurants, chefs, caterers, delivered with typical Faasos delivery efficiency.
Made to order: Faasos offers made to order button. As the name suggests, whenever customers are organising a party to celebrate something, they tap on the “made to order” button on the app and put their requirements.
Faasos Coupons and Offers
With an aim of expanding its customer base many fold, like all other e-commerce companies, Faasos offers handsome discounts and cashbacks for a specific period of time. One can find some deal or the other almost always on - on the company website, as well as partner websites. Though most of the food is from the Fassos brand only, it has recently changed its strategy to control costs. For this Faasos has partnered with chefs to cater to the increasing food orders. With so many customers on its rolls, and a huge list of partners, it is always possible to have some form of Faasos coupons or Faasos promo code active.
Faasos Royals is a scheme of Faasos where loyalty is paid by offering royalty. For example if a customer orders a particular product for ‘x’ (the requirement is that x should be more than 20), number of times. The product is named after the customer for next seven days. This was the loyalty. For royalty, everytime someone buys this product, Faasos Rs 1 is credited on the Faasos app. So, if the product is sold 500 times, you get Rs. 500 in your Faasos wallet.
Faasos offers on online food ordering – There are many offers on Faasos online ordering.customers, for instance, can avail of the Wednesday Offer, where a cashback is assured, or a minimum off on selected food items is offered. To avail such offers, Faasos coupon codes or Faasos voucher codes are required, which can be retrieved as per the instructions.
Faasos is an excellent option to order delicious breakfast, lunch or dinner. Faasos with its excellent service has delivered well. It offers meals of various cuisines and from various chefs.
Frequently Asked Questions
What Is the Minimum Order for Home Delivery?
Rs. 150 is the minimum for home delivery.
Where Is the Nearest Outlet to Me?
You can find the nearest Faasos outlet by following this link- https://www.faasos.com/