Startups FoodPanda and its affiliated brand HelloFood have been a big success since their incubation from Rocket and become one of the leading global services in online food delivery. Covering a staggering 40 markets today, FoodPanda is also partnered with over 22,000 restaurants.
Since the initial launch this startup and its affiliates have raised over $48 million in investments, with the latest $20 million coming from Phenomen Ventures and others. This infusion will aid in the launch of this service in the upcoming weeks on new markets including: Croatia, Bulgaria, Serbia, Slovenia, Kazakhstan, Azerbaijan, Tanzania, and Uganda.
FoodPanda is competing against several big, already set, services such as Just-Eat and Delivery Hero, but it is gaining an edge due to its focus on the countries in the SEEMEA region.
