Rocket Internet-backed FoodPanda has taken over (pdf) UK-headquartered JustEat’s India operations. This deal was worked out sometime after FoodPanda had acquired Delivery Hero-backed TastyKhana in November last year. Interestingly, JustEat UK had relinquished control over JustEat.in (which is run by Achindra Online Marketing) in November 2013, when Axon Partners Group and Forum Synergies India invested in the Indian entity. Just Eat UK had acquired HungryZone (which later became JustEat.in) in January 2011. FoodPanda also acquired Food Runner operated Room Service in Malaysia and Singapore & City Delivery in the Philippines, as well as EatOye in Pakistan, Koziness in Hong Kong and Food By Phone in Thailand. Rocket Internet has also acquired a 30% stake in Delivery Hero for $586 million, along with 100% acquisitions of La Nevera Roja (The Red Fridge) in Spain and Pizzabo in Italy for undisclosed amounts. At…
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