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Food Delivery Startup Swiggy Raises $7M From NVP DST [Type: News]
Food delivery startup Swiggy has raised an additional Rs 47 crore ($7 million) from existing investors Norwest Venture Partners, DST Global and Accel Partners citing a filing with the Registrar of Companies. The latest funding, which comes in four mo ...
Foodpanda group launches integrated marketing campaign [Type: News]
In its latest marketing push to increase the number of Foodpanda mobile application downloads, Foodpanda has launched a TVC and a customer activation programme.     The integrated campaign targets 18 to 44 year-olds.     It ...
Jabong merged with emerging fashion brands to form Global Fashion Group [Type: News]
Rocket Internet, a berlin-based startup incubator,  has merged 5 emerging fashion brands into a single entity with its co-investor, Kinnevik, that include- Dafiti(Latin America), Jabong (India), Lamoda (Russia and CIS), Namshi (Middle East) ...
Cashback Deal Site Cashkaro Raises Rs 25 Crore From Kalaari Capital in Series A Funding [Type: News]
Coupons and cashback deal website Cashkaro has raised ~ $3.78 million (Rs 25 crore) in a Series A funding from Kalaari Capital. The company will use the funds for brand building, marketing and international expansion to Russia, Singapore, Malaysia an ...
CompareRaja Logicserve raises $500K from angel investors Couponraja [Type: News]
Mumbai-based Logicserve Technologies Pvt Ltd, which owns and operates coupon provider Couponraja.in and price comparison site CompareRaja.in, has raised $500,000 (Rs 3 crore) from Mahesh Pratapneni, Pallab Chatterjee and a bunch of unnamed investors. ...
Foodpanda India Lays Off 300 Employees [Type: News]
Online food ordering and delivery firm Foodpanda India has laid off 15 per cent its employees, totaling close to 300, as it focuses on automation to streamline its operations.   “The company has reduced overall workforce by 15 per cent, ...
Shop At GrabOn, Crack The Savings Code! [Type: News]
Shopping is oxygen for you,GrabOn is the provider! That's correct, it's made to the essential survival rundown and now you can't envision a possible existence without this quintessential treatment. You shop not to satisfy your needs but rather desire ...
Rumours of Foodpanda to Acquire TinyOwl Fly Meanwhile India MD Rohit Chadda Steps Down [Type: News]
 Foodpanda India managing director Rohit Chadda (Shown Above) has stepped down from the company to start a new mobile-based venture of his own.         “I have personally decided to step aside from my role as MD of ...
Internet First Restaurant Food Delivery Startup SpoonJoy Raises $1M From SAIF Partners [Type: News]
After raising angel funding from Sachin Bansal and others in December 2014, Bengaluru based food delivery startup, SpoonJoy has now raised $1 million from SAIF Partners. The new funding will be used to expand to Delhi and Mumbai in the next two month ...
UK Govt and APACIG Invest $55M in e-tailer Rocket Internet Daraz [Type: News]
Rocket Internet Daraz, an e-tailer that operates in Pakistan, Bangladesh and Myanmar, has raised $55 million led by the UK Government development finance institution, CDC Group.     Asia Pacific Internet Group (APACIG), a joint-venture ...
Food Delivery Startup Swiggy Raises 35M Dollar In Series C From RB Investments [Type: News]
Bangalore-based food ordering start-up Swiggy has raised $30 million in Series C round of funding from New York-based Harmony Partners and Singapore-based RB investments, a sign that the sector might be recovering from the troubles of 2015.  ...
Online Food Ordering Service Delivery Gaint Hero Raises $110M At $3.1B Billion Dollar Valuation Ahea [Type: News]
Online food ordering site Delivery Hero Holding GmbH has raised $110 million in new funding based on a $3.1 billion valuation.It’s not clear from reports whether this was a new round, or an extension of its previous Series H round of $568 milli ...
JustDial takes a swipe at Foodpanda launch an online food ordering service [Type: News]
Indian local search engine and listings site JustDial (BSE:535648; NSE:JUSTDIAL) has taken a swipe at Rocket Internet’s Foodpanda this week by launching an online food ordering service. JustDial’s food ordering is now available in 16 I ...
Foodpanda partners up with Nokia for launch food delivery app [Type: News]
At the Mobile World Congress in Barcelona, Nokia announced the launch of food delivery app by Foodpanda/Hellofood across the Nokia Asha, Lumia and X family of devices. Many partners such as Facebook, BBM, Twitter, LINE, Viber, Electronic Arts, Gamelo ...
Why social media sites are more than a branding medium for retailers [Type: News]
Social networking websites are no longer just advertisement boards for retailers; they are fast emerging as drivers of growth for both online and brick-and-mortar stores. "About a quarter of our business sales and growth today are dependent u ...
Foodpanda.in join hands with OpenRice [Type: News]
Online food ordering platform, Foodpanda.in, has joined hands with OpenRice, a food and restaurant review website across the South East Asian region. This new alliance will assimilate key elements of the two websites to enhance customer experience wh ...
Foodpanda opens New Restaurant Chains in Malaysia [Type: News]
Rocket Internet’s Foodpanda is on its bike again, prepping expansion to three new cities in India soon, and today adding two major restaurant chains to its line-up of eateries in Malaysia. The online food ordering and delivery service will s ...
CapriCoast Sesures $3.5M From Accel Partners and RB Investments [Type: News]
Bangalore-based online modular kitchen and home furnishing solutions provider CapriCoast Home Solutions Pvt Ltd has raised $3.5 million in Series A round of funding from Singapore-based venture capital firm RB Investments. Existing investor Accel Par ...
FoodPanda buys rival TastyKhana [Type: News]
Rocket Internet-backed food delivery service FoodPanda has acquired its biggest competitor in India, TastyKhana, in a deal that is believed to have valued the Pune-based venture between $15 million and $25 million (about 93-155 crore). Delivery H ...
Hyperlocal AskMe Grocery Looks To Expand Ops To 70 Cities [Type: News]
Although the food tech sector is grappling with slowing sales and high attrition, hyperlocal AskMe Grocery is looking to scale up. Ankit Jain, founder, the firm proposes to expand operations from 35 cities to 70 cities by March, 2016.     ...
FoodPanda.in expands services to Ahmedabad and Gandhinagar in Gujarat [Type: News]
Rocket Internet backed online food ordering portal, FoodPanda.in has expanded its services to Ahmedabad and Gandhinagar in Gujarat. The online food ordering service has recently expanding its operations to Kolkata, Ahmedabad and Chennai.  Cu ...
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