Categories: Tech & Society

FoodPanda Raises $20 Million in Funding

FoodPanda, a leading food delivery chain in the world currently operating in over 27 countries including India, has secured USD 20 million funding from from a group of investors including Investment AB Kinnevik and Phenomen Ventures.

The company focuses especially on emerging markets, operates together with its affiliated brand hellofood already in 27 countries on four continents and reaches about three billion people worldwide. FoodPanda’s parent company Rocket Internet operates multiple online business all over the world. In India, their popular products are Jabong, FabFurnish, Printvenue, etc.

Ralf Wenzel, Global Managing Director of FoodPanda said, “Winning the trust from these well-known and experienced investors is a great achievement for such a young company and emphasizes the position of FoodPanda as the most global food delivery service. With the new capital we will make another huge step forward to further accelerated growth and optimized customer service. It’s our goal that FoodPanda comes into everyone’s mind, when thinking about ordering food.”

This financing will support FoodPanda as it adds more restaurants, countries, and customers into its systems. The startup emerged out of Berlin-based accelerator Rocket Internet, and this round was led by Investment AB Kinnevik and Phenomen Ventures. FoodPanda is based in Berlin.

Prateek Panda

Prateek is the Founder of TheTechPanda. He's passionate about technology startups and entrepreneurship and enjoys speaking to new founders every day. Prateek has also been consistently regarded as one of the top marketing experts in the region.

Recent Posts

Summit AI’s Rural Cyber Blindside: Voice-Cloned Scams Exploding in India’s Digital Heartland

The recent India–AI Impact Summit 2026 demonstrated a defining global inflection point — the transition…

1 day ago

Account Aggregator is emerging as the foundation of India’s open finance architecture

By enabling secure, consent-based financial data sharing, the Account Aggregator framework is laying the groundwork…

1 day ago

ImmuneBridge wants to make cell therapy work for everyone – starting with the factory floor  

There’s a quiet crisis in one of medicine’s most exciting fields. Cell therapy – the…

1 day ago

How AI is Changing Business: Hybrid AI is Coming

Lenovo and NVIDIA are pushing AI into its next phase, scaling real-time, production-ready systems that…

6 days ago

AI & the workplace: AI is changing the way we feel about our jobs

AI is changing how work gets done. It’s also changing how people feel about their…

6 days ago