abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Company Response

30 Oct 2020

Omnivore response

...Omnivore is an impact investor that backs early stage startups working with food and agriculture in India. We were a minority investor in Doodhwala. The startup unfortunately went bankrupt due to its inability to compete with larger corporate players in the market. Doodhwala is in the process of formally filing for bankruptcy, but this has been delayed due to closure of the National Company Law Tribunal (India's bankruptcy court) as a result of the COVID pandemic.

As per our understanding, every single blue collar employee at Doodhwala was paid their dues. Further, it is our understanding that the only employees with dues outstanding are senior management and the leadership team. Finally, please note that Doodhwala helped to ensure that almost all of their blue collar employees found employment with other grocery delivery companies...

Story Timeline