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Tag: foodpanda india

Retail Asia05/09/2016
foodpanda_press-picture_v1.jpg
E-Tailing

Foodpanda India looking to raise $50m

2min0
Rocket Internet-backed Foodpanda India, which last year faced allegations of internal fraud and misappropriation of funds, is reported to be raising fresh capital. It has mandated Mumbai-based mid-market investment bank O3 Capital for a US$40-60 million fundraise as it initiates talks with investors, reports the Times of India. Foodpanda has already said it is selling […]
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Retail Asia10/02/2016
foodpanda_press-picture_v1.jpg
E-Tailing

Foodpanda answer to rumors

2min0
Foodpanda India has rubbished reports it will close down, parent Rocket Internet saying the market is one of its fastest growing internationally. “We are extremely happy with the development of our business in India,” Saurabh Kochhar, CEO, Foodpanda India said in a statement emailed to Inside Retail Asia. “We are a global player in food […]
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