In the last few months, Foodpanda together with its affiliated brands has expanded into 15 more countries.
It co-operates with more than 15,000 restaurants and leads in many countries. It recently has also taken over the assets of its competitor Ételvitel KFT in Hungary.
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In India, Foodpanda has partnership with more than 2,000 restaurants across 10 cities, with some of the leading brands like Pizza Hut, Subway, Nirula’s, Faasos, Baskin Robbins, Ammi’s Biryani, Mast Kalandar and so on.
Amit Kohli, managing director and co-founder of Foodpanda India said, "The company has become one of the largest food ordering portals in India in less than one year of its operations. This round of investment will be utilised in further accelerating growth, through significant investments in shaping the market, while maintaining our focus on streamlining our internal and customer facing processes."
Foodpanda is backed by IIT and IIM alumni, bankers and consultants. The company not only helps restaurants increase sales through online and mobile platforms but also provides them with constantly evolving technology and analytics. It aspires to become the epitome of food ordering in India, targeting a network base of more than 15,000 restaurants across 20 cities by 2015.