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FoodPanda acquires Delivery Hero-backed TastyKhana

Rocket Internet-backed FoodPanda has acquired Delivery Hero-backed online food ordering service TastyKhana for an undisclosed amount. The terms of the acquisition were not disclosed but this seems to be a part of a series of acquisition deals signed between FoodPanda and Delivery Hero. As part of these deals, FoodPanda has acquired Delivery Hero’s Mexican business of PedidosYa, SeMeAntoja and Superantojo along with TastyKhana while Delivery Hero has acquired FoodPanda's affliate brand Hellofood in Argentina, Chile, Colombia, Ecuador and Peru. FoodPanda mentions that TastyKhana will remain an independent brand and both together will have tie-ups with over 10,000 restaurants across 173 cities in India. Pune-based TastyKhana was launched in 2007 and had received more than $5 million investment from Delivery Hero in June last year. It currently claims to have tie-ups with more than 9,000 restaurants across cities like Pune, Mumbai, Bangalore, Gurgaon, Delhi, Noida, and Faridabad among…

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