Foodpanda to grow bigger, raises $100mn with help from Goldman Sachs
Advertisement
Advertisement
It’s raining funds for It is interesting to note that foodpanda has raises over USD 310 Million since its launch in 2012, and had secured funding worth USD 110 Mn in March 2015.
After acquiring key competitors in India, Mexico, Russia, Brazil,
Ralf Wenzel, co-founder and CEO of foodpanda group, is ecstatic about this achievement and was quoted saying, “We are very happy about the recent support from
Ian Friedman, Goldman Sachs Investment Partners: "We have been impressed by both the growth trajectory and high-quality management team of foodpanda. We believe that foodpanda has a tremendous opportunity to cement its Emerging Markets leadership position in the coming years. It is our expectation that the Company’s innovative, value-added offerings will lead foodpanda to be the winner in online food delivery within the markets in which it operates.”
Advertisement
Advertisement
- Some Tesla factory workers realized they were laid off when security scanned their badges and sent them back on shuttles, sources say
- I tutor the children of some of Dubai's richest people. One of them paid me $3,000 to do his homework.
- India not benefiting from democratic dividend; young have a Kohli mentality, says Raghuram Rajan
- Indo-Gangetic Plains, home to half the Indian population, to soon become hotspot of extreme climate events: study
- 7 Vegetables you shouldn’t peel before eating to get the most nutrients
- Gut check: 10 High-fiber foods to add to your diet to support digestive balance
- 10 Foods that can harm Your bone and joint health
- 6 Lesser-known places to visit near Mussoorie