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Rocket Internet marks first close of new fund at $420M

Wednesday, January 20, 2016 | More »

German e-commerce incubator-cum-investor Rocket Internet has raised $420 million in the first close of its new fund, with Rocket Internet itself is contributing about $ 50 million, to invest in European internet companies, it said Tuesday in an e-mailed presentation. Shareholders in Rocket Internet,...


Foodpanda grapples with suspect orders, lack of processes: report

Rocket Internet-backed Foodpanda India is plagued by suspect orders, lack of automation and over-dependence on Excel sheets, Mint claimed in an investigative report. The food ordering marketplace has also been sewing supplier engagements with little known entities related to an erstwhile company off...

16 September, 2015 | More »