<p>Online food delivery marketplace Foodpanda on Friday raised an additional $100 million led by Goldman Sachs, a company statement said here.<br /><br />Together with the last funding of $110 million in March, Foodpanda has now raised over $310 million since its launch in 2012.<br /><br />Foodpanda is backed by tech investor Rocket Internet.<br /><br />As part of the financing round, Goldman Sachs Investment Partners will join the Foodpanda advisory board.<br /><br />After acquiring key competitors in India, Mexico, Russia, Brazil, eastern Europe and South-East Asia, the company will use the recent investment to further expand its own delivery activities and improve overall customer experience across its 40 markets, the statement said.<br /><br />"The emerging markets represent the largest opportunity in online food delivery and we are committed to create the most convenient way for ordering and delivering food," Ralf Wenzel, co-founder and chief executive officer of Foodpanda group said.<br /><br />"It is our expectation that the company's innovative, value-added offerings will lead foodpanda to be the winner in online food delivery within the markets in which it operates," Ian Friedman, Goldman Sachs Investment Partners said.</p>
<p>Online food delivery marketplace Foodpanda on Friday raised an additional $100 million led by Goldman Sachs, a company statement said here.<br /><br />Together with the last funding of $110 million in March, Foodpanda has now raised over $310 million since its launch in 2012.<br /><br />Foodpanda is backed by tech investor Rocket Internet.<br /><br />As part of the financing round, Goldman Sachs Investment Partners will join the Foodpanda advisory board.<br /><br />After acquiring key competitors in India, Mexico, Russia, Brazil, eastern Europe and South-East Asia, the company will use the recent investment to further expand its own delivery activities and improve overall customer experience across its 40 markets, the statement said.<br /><br />"The emerging markets represent the largest opportunity in online food delivery and we are committed to create the most convenient way for ordering and delivering food," Ralf Wenzel, co-founder and chief executive officer of Foodpanda group said.<br /><br />"It is our expectation that the company's innovative, value-added offerings will lead foodpanda to be the winner in online food delivery within the markets in which it operates," Ian Friedman, Goldman Sachs Investment Partners said.</p>