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Foodpanda raises $110 million from Rocket Internet, others

Company's total funding now touches $200 million

Online food delivery marketplace Foodpanda on Thursday announced raising $110 million in a fresh round of funding. The latest fund infusion witnessed participation from the existing investor, Rocket Internet AG, and new investors. The company did not disclose the new investors and the amount infused by them. With this, the total infusion of cash in the company has reached $200 million since its launch in 2012. Foodpanda operates in 40 countries across five continents. The development comes a day after Rocket Internet announced that India was the priority market in ...