Calling All Student Entrepreneurs: Tell Us About Your Startup

Rocket Internet’s Food Ordering Service Foodpanda Raises US $100 Million In New Funding

|
May 1, 2015
foodpanda logo

Online food ordering service startup Foodpanda, which has operation base in Dhaka, today announced a US$100 million funding round led by Goldman Sachs Investment. This Rocket Internet startup raised US $110mm only in last March. This new funding will help the startup to boost and strengthen its operation base and spend more in customer experience.

Foodpanda has operation base in Bangladesh. However, it is facing intense competition from local startup HungryNaki. Although it provides home delivery services in Dhaka and Chittagong but many of its customers complain its service is far from satisfactory.

Started back in 2012, the startup now operates in 40 countries across five continents and often makes headline for eating up its competitors.


Register to read this article in full and more insight articles!

By registering, you will be signed-up for an account which gives you access to our premium stories published a few times a week and archives of all our premium stories. You will also receive a daily newsletter sent to your inbox. To unsubscribe, please visit the profile section in your account. We have a strong privacy policy. We will never share or sell your data to anyone.

What you get
In-depth actionable analysis

In-depth analysis on startup, business and technology scene in Bangladesh that you would not find anywhere else.
Daily and weekly newsletter
Get our daily and weekly newsletter with our most important stories directly to your inbox.
Join the conversion on this article and more on our public Telegram Group

About FS

Contact Us

Shares