Foodpanda raises $100m in round led by Goldman
Foodpanda, an online takeaway delivery service backed by tech investor Rocket Internet, said on Friday it had received $100 million in a financing round led by a Goldman Sachs hedge fund.
Goldman Sachs Investment Partners will take a seat on Foodpanda's advisory board. Existing investors including Rocket also took part in the round. The Berlin-based company has raised more than $310 million since it was set up in 2012. Foodpanda is part of the Global Online Takeaway Delivery group.