Foodpanda Gets Much More Delicious With $100 Mn Additional Funding From Goldman Sachs

In less than two months after raising $110 Mn, Rocket Internet backed food delivery startup Foodpanda has raised an additional $100 Mn funding led by Goldman Sachs Investment Partners, with Rocket Internet among the existing investors also participating. This new funding takes the total funds raised by the company to $310 Mn to date. The valuation of the company cannot be asserted at the moment.

Foodpanda currently covers over 580 cities across 40 countries in five continents. The company claims to have more than 60,000 restaurants on its menu. Foodpanda has also acquired about 9 startups in India, Mexico, Russia, Brazil, Eastern Europe, Middle East and Asia. In India, foodpanda has recently acquired JustEat India operations & Tastykhana.