foodpanda, a Berlin, Germany-based global mobile food delivery marketplace, raised $100m in new funding.
The round was led by Goldman Sachs with participation from existing investor Rocket Internet SE. As part of the financing round, Goldman Sachs Investment Partners will join the Advisory Board of foodpanda.
The company intends to use the funds to further expand its own delivery activities and improve overall customer experience across its 40 markets.
Led by Ralf Wenzel, Co-Founder and CEO, the foodpanda group operates a global online food delivery marketplace, active in 40 countries on five continents enabling restaurants to become visible in the online and mobile world and consumers to order food online or via the app.
The group operates via foodpanda in India, Thailand, Indonesia, Pakistan, Singapore, Malaysia, Brunei, Vietnam, Taiwan, Bangladesh, Kazakhstan, Azerbaijan, Hong Kong, Philippines, Russia, Ukraine, Hungary, Romania, Bulgaria, Georgia and Serbia, via hellofood in Brazil, Mexico, Saudi Arabia, Jordan, Egypt, Nigeria, Morocco, Kenya, Ghana, Senegal, Ivory Coast, Rwanda, Tanzania, Uganda and Algeria, Delivery Club in Russia, Tastykhana and JUST EAT in India, NetPincer in Hungary, Donesi in Serbia, Bosnia & Herzegovina and Montenegro, and Pauza in Croatia, Room Service in Malaysia and Singapore, City Delivery in Philippines, Food By Phone in Thailand, Koziness and Dial-a-Dinner in Hong Kong, Eatoye in Pakistan, and 24h in UAE.
foodpanda has raised over $310M since its launch in 2012.