FoodPanda Acquires TastyKhana; The Delivery Hero Backed Food Ordering Portal

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Rocket Internet backed FoodPanda has acquired Delivery Hero-backed online food ordering service TastyKhana for an undisclosed amount on Monday. FoodPanda also acquired Delivery Hero’s Mexican business of PedidosYa, SeMeAntoja and Superantojo while Delivery Hero has acquired FoodPanda’s affliate brand Hellofood in Argentina, Chile, Colombia, Ecuador and Peru. FoodPanda also announced...

Instamojo Secures Series A Funding From Kalaari Capital

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Instamojo Series A Funding

Mumbai-based payment solution provider startup Instamojo has secured an undisclosed amount of series A funding from Kalaari Capital. Existing investors like Blume Ventures, 500 Startups, and others also participated in the funding. According to a blog post the funds will be used for marketing, product development and expansion of the...