Uber in talks to sell India food-delivery business

In this photograph taken on February 6, 2019, an Indian delivery man working with the Uber Eats food delivery app loads up food to bring to a customer in New Delhi. - A surge in the popularity of food-ordering apps like Uber Eats, Swiggy and Zomato provides a welcome source of income for many as India's unemployment rate sits reportedly at a staggering 45-year high. (Photo by CHANDAN KHANNA / AFP) / To go with 'INDIA-ECONOMY-FOOD-TECHNOLOGY,FOCUS' by Vishal MANVE

Less than two years after Uber Technologies Inc entered India’s competitive food-delivery business, it’s in talks to sell its Uber Eats operations in the country to rival Swiggy, according to a person familiar with the negotiations. 

The talks between Uber and Bangalore-based Bundl Technologies Pvt, which owns the Swiggy brand, are progressing and a deal could be sealed within the coming weeks, said the person, who is privy to the discussions but asked not to be identified because the negotiations are confidential.