Foodpanda India Hungry for Funds
MUMBAI/ BENGALURU: The embattled Rocket Internet-backed Foodpanda, which last year saw allegations of internal fraud and misappropriation of funds being levelled against its top management, is learnt to be in the process of raising fresh capital. The company recently engaged Mumbai-based mid-market investment bank o3 Capital for a $40-60 million fund-raise as it initiates talks with investors, people familiar with
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