HungryPanda, an Asian-food delivery app catering to the Asian diaspora, has raised $55 million in a funding round led by Mars Growth Capital. The investment aims to support HungryPanda's expansion efforts and solidify its position as a leader in the Asian food delivery market. The company, which serves Asian communities primarily in urban areas, is now valued at $500 million. The funding will also be used for refinancing purposes as HungryPanda continues its growth trajectory.
๐ผ๐ฝ Food delivery platform HungryPanda (@HungryPanda_LTD) scoops $55M at $500M valuation to serve Asian communities in the US, led by Mars Growth Capital. https://t.co/vq6RwkMMNL #tech #funding #news #UKtech
Scoop from @ingridlunden - Hungry Panda now worth $500m. https://t.co/z2weIGrrCh tip @Techmeme
๐ Go @HungryPanda_LTD ! Well done to the team on their $55M #fundraise and refinancing, as they continue their incredible journey to become a global leader in Asian food delivery. ๐ฒ More in @WSJPE here: https://t.co/KDhHb6NkWA