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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
created earlier this year by Rocket, which said in March it had
increased its position in Foodpanda to take a majority stake of
52 percent in the company.
Foodpanda offers takeaway delivery services to local restaurants
in 40 countries and has been acquiring rivals in a range of
emerging markets over the past year, including India, Mexico,
Russia, Brazil, eastern Europe and southeast Asia.
It said it plans to use the new funding to improve customer
service in the existing markets where it operates. Foodpanda
says it ranks as market leader in its business category in 32 of
these 40 countries, including India and Russia.
(Reporting by Eric Auchard; Editing by David Holmes)
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