Delivery Hero Holding GmbH acquires FoodpandaDelivery Hero is also acquiring new markets with leading market positions further broadening its geographic footprint, he added.
10 Dec, 2016, 07.24 PM IST
Rocket: Strategy of betting on entrepreneurs failed in IndiaRocket Internet infuses the startups with huge capital and increases the chances of success by giving the entrepreneurs a sense of security.
21 Oct, 2016, 12.53 PM IST
Inside Rocket Internet’s Ailing Startup FactoryMangrove Chief Executive Officer Mark Tluszcz regrets getting involved with Rocket and says Nestpick’s survival is far from assured.
08 Oct, 2016, 12.57 PM IST
Rocket's GFG raises $33 million amid Jabong sale talksExisting investors Kinnevik, Rocket Internet and Rocket Internet Capital Partners have participated in this round, the company said in asta...
23 Jul, 2016, 10.05 AM IST
Internal audit finds lapses by ex-Jabong executives; transfer of logistics unit Gojavas under lensThe report also found that Sinha, Mohan and Malhotra had interests in third parties trading with Jabong, and that the allegation of collusi...
18 Jul, 2016, 10.12 AM IST
Top political, business leaders discuss startupsAs part of the Viva Summit, over 5,000 startups will showcase themselves to leaders, investors and academicians, as per the event’s website.
01 Jul, 2016, 05.15 AM IST
Bharti's Mittal, French President, top business leaders meet on startupsThe meeting was hosted ahead of the launch of the Viva Summit in Paris, which is touted as the “Davos for Start-upsand is focused on bringi...
30 Jun, 2016, 11.40 PM IST
Jabong parent secures 300 mn euro fundingGlobal Fashion Group (GFG), parent company of online fashion portal Jabong, has secured a funding of 300 million euros (about Rs 2,282 cror...
02 May, 2016, 05.50 PM IST
Jabong parent, GFG, raises EUR 300 million in fresh funding; Valuation plummetsPost the July 2015 round of funding, Kinnevik had increased its ownership in GFG to over 25%, while Rocket Internet's stake had come down t...
27 Apr, 2016, 06.18 PM IST
Jabong gets $20 million to stay afloat for one more yearAccording to sources GFG has decided to inject additional funds into its lossmaking fashion ecommerce company Jabong to keep it afloat for ...
02 Mar, 2016, 07.03 AM IST
Indian e-commerce most challenging in world: Lorenzo Grabau, AB Kinnevik"The Indian market is very exciting but it is also a place where there are a lot of talented local entrepreneurs and management teams with ...
03 Feb, 2016, 01.16 PM IST
Cartisan gets funds to ride into new marketsThe funding, a first for the startup, will be used by the less than two month-old venture to expand into newer territories.
30 Jul, 2015, 12.56 PM IST
Foodpanda may pick up stake in TinyOwl as part of $40-million dealTinyOwl, one of the fastest growing food ordering startups, has had a quick ramp-up after having started off in Mumbai in April 2014.
27 Jul, 2015, 04.27 PM IST
Rocket Internet acquires majority stake in FoodpandaConfirming the development Foodpanda said with this fresh round it has now raised a total of over USD 200 million.
12 Mar, 2015, 04.59 PM IST
Foodpanda gobbles up rival JustEat India; combined entity to have 250 employees in IndiaFoodpanda also acquired Room Service in Malaysia, City Delivery in Philippines, Eat Oye in Pakistan and Koziness in Hong Kong.
07 Feb, 2015, 04.57 PM IST
Rocket Internet to merge Jabong with four global e-Commerce firmsThe deal is expected to close later in the year. GFG will focus on growth markets, covering 23 countries with a EUR 330 billion fashion mar...
05 Sep, 2014, 05.41 PM IST
Samwer bros' Rocket Internet spending big bucks to gain foothold in Indian e-com industryRocket Internet GmBH - founded by siblings Marc, Oliver and Alexander Samwer - is often attacked for cloning successful US start-ups in eme...
27 Apr, 2012, 10.58 AM IST