Global Asian Food Delivery Leader HungryPanda Secures $130 Million Series D Round - PR Newswire APAC
Summary
LONDON, Dec. 17, 2021 /PRNewswire/ -- HungryPanda has today announced a $130 Million Series D round to strengthen its position as the leading specialist online food delivery platform serving Asian restaurants and populations overseas. HungryPanda was established in 2017 by Founder and CEO Eric Liu, a computer science graduate at the University of Nottingham who wanted to fix a problem he experienced first-hand, getting hold of authentic Chinese food on-demand away from home. We now have the ability and experience to launch and operate in new cities in just two weeks and have established ourselves as the market leader due to our laser focus on developing the best service and providing high-quality products for our customers." Perwyn Private Equity is an active lead investor, seeking buyout opportunities in established, growing, cash generative market leaders headquartered in the UK or Europe where it can make a material impact on growth and profitability. Kreos targets investments in all areas of the Technology and Healthcare sectors and, to date, has committed in excess of €3.2 billion in more than 640 portfolio company transactions, across 17 countries.