Rocket Internet Posts

Foodpanda raises $60 million in funding

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Online food delivery company Foodpanda has raised $60 million in a new round of funding from several investors, including Rocket Internet. Foodpanda has raised slightly more than $100 million since it was founded in 2012.

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Lamudi raises $7 million

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Lamudi is a real estate classifieds website that operates in 21 markets in Asia, Africa, South America, and the Middle East. Lamudi has raised $7 million in funding from several investors. The only investor name that was disclosed is Tengelmann Ventures. It is unclear whether if this $7 million funding round is a seed round or later stage financing.
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Zalora raises $112 million in funding for new inventory and expansion

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Zalora has raised $112 million in a new round of funding, which is the largest single investment made in a Southeast Asian online fashion company. This round of funding was led by Access Industries. Zalora took that record from themselves as they raised $100 million in a round of funding from earlier this year. Zalora is considered a “Zappos clone” that is based in Southeast Asia and funded by Rocket Internet. Zalora is known for selling over 130,000 fashion and beauty products from 500 brands across the globe. The company sells products in Brunei, Singapore, Indonesia, Malaysia, the Philippines, Thailand, Vietnam, and Hong Kong. Zalora plans on using the funding for adding new brands to their inventory and expanding their global footprint.
[Source: VentureBeat]

HelloFresh Raises $7.5M Led By Phenomen Ventures

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HelloFresh is an online meal preparation service that has raised $7.5 million in funding.  The company spun out of Berlin-based incubator Rocket Internet.  HelloFresh puts together ingredients for a dish and then delivers it to your door.  HelloFresh has raised $7.5 million in funding, led by Phenomen Ventures.
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Hellofood Raises $8 Million In Funding From iMENA Holdings


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Hellofood is a Rocket Internet backed online food ordering company that has raised $8 million in funding from iMENA Holdings.  Hellofood plans on using the funding to expand to other countries in the Middle East.  The service is already live in Saudi Arabia.
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Rocket Internet Backs A New Online Hotel Booking Company In Nigeria Called Jovago

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Startup accelerator Rocket Internet has reported to Pulse 2.0 that the company has launched a new venture in Nigeria called Jovago.  Hotels will now be one click away for all Nigerians.  When a user enters their chosen destination, Jovago will offer 140,000 hotels worldwide.
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EasyTaxi Raises $10 Million From Rocket Internet and African Internet Holding

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EasyTaxi is a taxi booking startup that is based in Brazil and is backed by German incubator company Rocket Internet.  EasyTaxi has raised $10 million in funding as part of a plan to expand further into Asia along with Africa and the Middle East.  EasyTaxi expanded into Nigeria today already.
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Rocket Internet Raises $500 Million

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Rocket Internet
has sent us an e-mail about how they have raised $500 million.  The investors in this round include AB Kinnevik and Access Industries.  This is the largest investment ever made in an Internet incubator and accelerator.  The funding will be used to expand their world-wide network of Internet startups.

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