Rocket Internet backed online food ordering service FoodPanda and its affiliated brands, HelloFood and Delivery Club, have raised $60 million from a group of investors including Rocket Internet AG and Falcon Edge Capital. The company plans to use the funds to expand its reach in existing countries. The company had previously raised $20 million from investors including Phenomen Ventures in February this year. It had also raised $20 million in May 2013 from Investment AB Kinnevik and Phenomen Ventures while HelloFood had raised $8 million from iMENA Holdings in September 2013. This brings the total funding raised by FoodPanda and its affiliated brands Delivery Club and HelloFood till date to $108 million. FoodPanda had launched in India in June 2012 listing 232 restaurants from Delhi. In just 2 years, the portal now lists over 3500 restaurants including Subway, Pizza Corner,…
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