Prominent foodtech player Foodpanda announced a around INR 3,000 crore round of funding on Monday. South African broad-based multinational internet and media group Naspers has infused these funds into its parent company, the Germany-based food ordering and delivery marketplace Delivery Hero, which acquired Foodpanda from Rocket Internet.
US-based software firm Ebix Inc will pay INR 800 crore ($120 million) for a majority stake in Indian payment provider ItzCash. Ebix will acquire an 80% stake in ItzCash.
Delhi-based Kaama Impex Pvt Ltd, which sells craft beer under the brand Witlinger, has raised its pre-Series A round of funding from two high net-worth individuals (HNIs.