Since its launch in 2012, the company has now raised more than $200 million.
Foodpanda, the online food delivery marketplace active in 40 countries across five continents has secured another round of funding of $110 Million from Rocket Internet AG, as well as other existing and new investors.
Since its launch in 2012, the company has now raised more than USD 200 Million. After acquiring key competitors this year in India, Mexico, Russia, Brazil, Eastern Europe, Middle East and Asia, the company will now further invest into product and technology, and continue focusing on customer service and loyalty for becoming the most convenient and most user friendly way of ordering food delivery or take-away.
Ralf Wenzel, Co-Founder and CEO, foodpanda group, “Over the last couple of months we have become the leading online food delivery marketplace across the most promising and fastest growing emerging markets. The new funding allows us to fully focus on user experience and customer service with the aim of completely disrupting the way people order food by establishing a real alternative to pizza flyers and phone calls.”
Rohit Chadda, MD and Co-Founder, foodpanda, said, “We have seen excellent growth over the past year attracting new users from all corners of the country. This round of funding will allow us to scale up and strengthen the foodpanda brand across geographies. We are strongly rooted in the belief that ‘customer is king’ and will continue working harder to reinforce our status as the prime choice when it comes to online food ordering.”
foodpanda offers the most convenient way to order food via the mobile app or online. For restaurants, the online marketplace helps to increase delivery sales through online and mobile platforms and provides them with constantly evolving technology and analytics. Globally, foodpanda partners with over 45,000 restaurants in 40 countries, being market leader in 32 of those countries.
With menus from 12000+ restaurants across 200+ cities in India available on its cutting edge app & website, foodpanda, along with its partner brands Tastykhana.in & JustEat.in, is helping people discover and order great food every day.
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